1A Pham Ngoc Thach Building

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Building information

Building structure
Building structure
2 basements - 9 floors
Year completed
Year completed
2010
Building Grade
Building Grade
Grade C
Elevators
Elevators
2 high speed elevators
Ceiling height
Ceiling height
2.70m
Direction
Direction
Northeast
Typical floor
Typical floor
317 sqm/floor

Area and rental information

Area
Area
235 - 309 - 317 - 861 sqm
Rent
Rent
$28/sqm/month
Management fee
Management fee
$4/sqm/month
VAT (Value added tax 10%)
VAT (Value added tax 10%)
10%
Motorbike Parking Fee
Motorbike Parking Fee
350.000 VND/space/month
Car Parking Fee
Car Parking Fee
4.00.000 VND/space/month
Electricity bill
Electricity bill
4.287 VND/kwh
Overtime Fee
Overtime Fee
1.200vnd/sqm/hour
Rental period
Rental period
At least 2 years
Deposit
Deposit
3 months rent and management fee
Payment
Payment
Quarterly in advance

Introduction

1A Pham Ngoc Thach Building: The intersection of contemporary lifestyle and saigon’s heritage

The commercial real estate market in the city’s core is constantly evolving, yet certain street corners manage to fully retain their tranquility, elegance, and academic essence. When mentioning offices for rent in District 1, especially in the administrative center recently rezoned as Saigon Ward, people often picture noisy, bustling glass skyscrapers. However, hidden beneath the shade of ancient trees, the 1A Pham Ngoc Thach building emerges as a quiet gem, offering a completely different definition of an ideal workspace: a place where corporate prestige is affirmed through the lens of culture, history, and sophistication.

A youthful heartbeat in the heart of the old quarter

While historical monuments and diplomatic agencies bring a solemn beauty, the presence of the Youth Cultural House directly across the street, along with a series of prestigious universities nearby, breathes a vibrant, youthful energy into this area.

This intersection creates a fantastic human resources ecosystem. Businesses setting up their offices here will have a massive advantage in reaching and attracting high-quality, young, and dynamic talent from neighboring universities. After stressful working hours, employees can easily step across the street to relax, shop, or enjoy dining at the luxurious Diamond Plaza, or simply sip a cup of coffee under the shady canopy, watching the lively pace of the city’s youth. The perfect work-life balance is most clearly demonstrated at this exact coordinate.

Professional operation – A seamless experience

Despite being classified in the Grade C office segment, the operational quality at 1A Pham Ngoc Thach delivers experiences that far exceed expectations. The developer has equipped the building with a synchronized and modern utility system to ensure tenants’ workflows remain completely uninterrupted.

A system of two high-speed Schindler (Switzerland) elevators ensures quick movement between floors, eliminating congestion during peak hours. Worries about power outages on days when the city grid is overloaded are completely erased thanks to a backup generator system that guarantees 100% load capacity. Alongside this is a modern concealed central air conditioning system, providing a cool and fresh atmosphere throughout the 8-hour workday.

Two spacious basement parking levels serve as a massive “plus point,” thoroughly solving the notoriously difficult parking problem in central District 1 for both staff and visiting clients. A 24/7 security team and friendly reception staff are always ready to assist, creating a safe and polished working environment down to the smallest detail.

A reasonable cost solution in a bustling metropolis

In a fluctuating macroeconomic landscape, optimizing operational costs is always a top priority for corporate leadership. At 1A Pham Ngoc Thach, businesses only have to pay a highly reasonable rental rate (approximately $28/sqm/month) along with a management fee of $4/sqm/month. This is considered an “extremely rare” budget to secure a prestigious business address right next to the Independence Palace and various Consulates, where neighboring buildings often charge multiples of this price.

The 1A Pham Ngoc Thach building is not for those who prefer noise and flashiness. It is a promised land reserved for sophisticated businesses and visionary leaders who want to lay their foundation for growth in a space rich in cultural value, absolute security, and surrounded by an elite community. A great office is not just a place to work; it is the brand story you want to tell your clients—and 1A Pham Ngoc Thach is undoubtedly the most perfect opening chapter.

Building amenities

Standard workspace design for optimal performance

Unlike the flashy and ostentatious facades of many newly built high-rises, the 1A Pham Ngoc Thach building embraces an elegant, streamlined design with a maximum focus on user experience. Constructed with 2 basement levels and 9 above-ground floors, the building offers a moderately scaled environment, making it exceptionally well-suited for businesses that prioritize privacy and long-term stability.

Featuring a typical floor plate of 317 sqm, the interior space boasts a square layout with minimal large columns. This intelligent design allows architects to freely unleash their creativity and fully optimize the actual usable area. Whether you need to configure a dynamic open-plan workspace or private, luxurious meeting rooms, the floor plans here can perfectly accommodate your vision.

Furthermore, a clear ceiling height of 2.7 meters creates a spacious and airy atmosphere. Combined with a comprehensive glass window system that welcomes abundant natural daylight, every working corner is filled with vitality, significantly minimizing the cramped and stuffy feeling often associated with traditional office spaces.

Elevator specifications
Elevator specifications
2 Schindler elevators
Fire safety system
Fire safety system
Automatic fire protection system is deployed synchronously on each floor.
Air conditioning system
Air conditioning system
Modern ceiling-mounted central air conditioning system.
Parking area
Parking area
2 underground parking levels
Building management team
Building management team
Friendly reception staff, 24/7 security, and building technicians readily available for assistance.
Back-up Power
Back-up Power
Backup generator ensures uninterrupted office operations during power outages
Lighting system
Lighting system
LED lighting system, recessed ceiling lights save energy.
Cleaning service
Cleaning service
Public areas, hallways, elevators and restrooms,...
Common amenities
Common amenities
Reception hall, convenient guest area, company name board is arranged in the main lobby

Nearby Amenities

The “Golden” location amidst a historic architectural complex

The unique, priceless value of the 1A Pham Ngoc Thach building lies in its deeply heritage-infused location. By establishing your headquarters here, your business doesn’t just acquire a standard commercial address in District 1; it establishes a genuine presence in the “heart” of the most prosperous and historic Saigon.

Simply push open the office doors and step outside to immediately feel the breath of history. The building is situated just a few steps away from the city’s iconic landmarks. These include the majestic Independence Palace with its lush green lawns, the Saigon Notre Dame Cathedral boasting brilliant Romanesque architecture under the sun, and the Saigon Central Post Office with its magnificent, classic vaulted ceilings. Being within walking distance of these monuments not only offers a stunning visual landscape but also provides an endless source of daily inspiration for your team.

Furthermore, the security and diplomatic status of this area are consistently rated at the highest level in the city, thanks to the presence of key agencies. The building is located in close proximity to the US Consulate and the French Consulate. Traffic in this vicinity is always maintained in an orderly and safe manner, featuring clean, tree-lined streets. This is an intangible yet incredibly valuable advantage, especially for multinational corporations, non-governmental organizations (NGOs), or businesses that frequently host international partners. An office located adjacent to consulates inherently exudes absolute prestige, trust, and reliability.

Pham Ngoc Thach Street 50 m 1 minute
Tao Dan Park 300 m 2 minutes
Turtle Lake 700 m 5 minutes
Nguyen Thi Minh Khai Street 300 m 2 minutes
Hai Ba Trung Street 500 m 4 minutes
Banks (Vietcombank, BIDV, ACB, etc.) 700 m 6 minutes
Schools – educational institutions 800 m 6 minutes
Connecting District 3 1 km 5 minutes
235 - 309 - 317 - 861 sqm
Estimated Rentable Area
Rent
$28++/sqm
Management fee
$4/sqm
VAT
10%
Estimated rental price
$35.2/sqm
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