Summary and analysis of Hanoi's current office real estate market conditions.
Insight
12 May 2026
Hanoi Office Market Dynamics Q1 2026
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Hanoi's office market welcomed over 36,000 sqm NLA of new supply in Q1 2026, including The Office (LEED Gold) and The Marc88 (LEED Silver). Total supply reached 2,116,369 sqm NLA with an overall vacancy rate of 17.6%. Net absorption totaled 2,242 sqm. Grade A gross asking rents stood at USD 37.1 per sqm per month (+0.9% q-o-q), while Grade B reached USD 20.6 per sqm per month (+0.4% q-o-q).
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