PetroVietnam Tower

4.9 out of 5 with ... ratings

Building information

Landlord
Landlord
Vietnam Oil and Gas Group
Building structure
Building structure
2 Basement + 21 Storeys
Year completed
Year completed
2006
Building Grade
Building Grade
Grade A
Elevators
Elevators
5 Lifts
Ceiling height
Ceiling height
2m65
Direction
Direction
North
Typical floor
Typical floor
1000 sqm/floors
Total Lettable area
Total Lettable area
20000 sqm

Area and rental information

Area
Area
69 - 298 - 360 - 724 sqm
Rent
Rent
$31/sqm/month
Management fee
Management fee
$7,1/sqm/month
VAT (Value added tax 10%)
VAT (Value added tax 10%)
10%
Motorbike Parking Fee
Motorbike Parking Fee
220.000 VND/space/month
Car Parking Fee
Car Parking Fee
4.600.000VND/car/month
Electricity bill
Electricity bill
3.728 VND/kwh
Overtime Fee
Overtime Fee
3.150vnd/sqm/hour
Rental period
Rental period
At least 3 years
Deposit
Deposit
3 months (rent + management fee)
Payment
Payment
Quarterly in advance

Introduction

PetroVietnam Tower – A must-compare choice in the grade a office segment along Le Duan street

Right in the heart of bustling and opulent District 1, where the historic and financial values of Ho Chi Minh City converge, PetroVietnam Tower stands majestic and solid at No. 1 Le Duan Street, now located in Saigon Ward. Avoiding flashy ostentation, this high-rise building carries a calm, professional, and sustainable demeanor—true to the spirit of a project associated with the national oil and gas brand.

Boasting a prime two-street frontage overlooking the lush greenery of the Saigon Zoo and Botanical Garden, combined with standard Grade A operational quality and extremely reasonable rental rates, PetroVietnam Tower is a strategic choice helping enterprises effectively optimize their operational costs.

1. Solid architecture and standardized grade a scale

Developed and invested by the Vietnam Oil and Gas Group, PetroVietnam Tower is planned with a sturdy structure that prioritizes functional application and long-term operational sustainability.

  • Building Structure: Comprises 2 spacious basements to accommodate parking needs and 21 upper floors dedicated to professional office leasing.

  • Optimized Floor Plates: Featuring a typical floor area of approximately 724.19 sqm per floor, the interior is neatly designed and flexibly partitioned into smaller areas ranging from 69 sqm up to over 700 sqm, accommodating the diverse scales of medium and large enterprises.

  • Smart Design: The facade architecture avoids the all-glass trend, opting instead for straight lines, balanced elements, and insulation-optimized materials. With a floor-to-ceiling height of 2.55m, it provides a comfortable, well-proportioned atmosphere for every workspace.

2. Workspaces for an elite business community

Stepping into the main lobby of PetroVietnam Tower, clients and partners will immediately sense a formal, elegant, and standard-setting environment. This venue gathers numerous major corporations and reputable enterprises specializing in finance, energy, and international trade.

Aligning with this civilized business community serves as a solid launchpad to elevate corporate reputation, reinforce brand image, and expand strategic networking opportunities in the market.

3. Detailed information on leasing areas and rental rates

  • Flexible Rental Areas: 69 sqm, 298 sqm, 360 sqm up to a full floor plate of 724 sqm.

  • Reference Rental Rate: Approximately $31/sqm/month (excluding VAT).

  • Management Fee: Approximately $7.1/sqm/month.

  • VAT: 10%.

  • Parking Fees: Motorbikes around 220,000 VND/space/month; Cars around 200 USD/car/month.

  • Minimum Lease Term: 3 years or more with a 3-month deposit policy.

PetroVietnam Tower is far more than a conventional office leasing space in central District 1; it represents a symbol of reliability, sustainability, and financial efficiency. Boasting a prime diplomatic location on Le Duan Street, green open views facing the Saigon Zoo and Botanical Garden, and standard Grade A operations at a balanced cost, it stands as the ideal and solid foundation for your enterprise’s thriving future growth.

Building Amenities

Top-Tier Operational Standards and Exceptional Cost-Saving Solutions

Although classified as a Grade A office building in the central area, PetroVietnam Tower boasts an extremely competitive operational cost structure, offering an optimal economic solution for businesses.

Elevator specifications
Elevator specifications
4 Mitsubishi Electric elevators with a load capacity of 1,600kg/elevator
Fire safety system
Fire safety system
The automatic fire protection system is operated to standards
Air conditioning system
Air conditioning system
Wall-mounted air conditioning units maintained and cleaned regularly.
Parking area
Parking area
Area of ​​2 basements
Building management team
Building management team
Reception, business registration, mail handling, IT team, security, and 24/7 CCTV
Back-up Power
Back-up Power
5000 Kw backup generator
Lighting system
Lighting system
Energy-saving LED lighting and ceiling-mounted lights
Cleaning service
Cleaning service
Regular disinfection of common areas
Common amenities
Common amenities
Regular maintenance of equipment and systems

Building location

Nearby Amenities

Prime location along the diplomatic Le Duan arterial road – Saigon Ward

Situated right at the strategic intersection of vital thoroughfares, PetroVietnam Tower commands a rare and exclusive position within the core of District 1.

  • Commercial and Diplomatic Crossroads: Located directly at the economic intersection of Le Duan and Nguyen Binh Khiem streets, the building is surrounded by a golden belt of government agencies, historical landmarks, and major foreign consulates, including the US Consulate General, British Consulate General, French Consulate General, and German Consulate General.

  • Verdant and Open Views: Directly overlooking the expansive and lush Saigon Zoo and Botanical Garden, the property provides a fresh atmosphere, abundant working inspiration, and unobstructed panoramic vistas facing the city center.

  • Flexible Transportation Connectivity: From this location, corporate personnel can effortlessly commute to District 3, District 4, Binh Thanh District, or the Thu Thiem New Urban Area within just 5 to 15 minutes, while easily accessing Metro Station No. 1 – Ba Son in the near future via comprehensive office-for-lease services across Ho Chi Minh City.

Saigon Zoo and Botanical Garden 90 m 1 min
Vietnam Museum of History 100 m 2 min
US Consulate General 300 m 4 min
German Consulate General 350 m 5 min
Saigon Notre Dame Cathedral 1 km 12 min
Independence Palace 1.2 km 14 min
Ben Thanh Market 1.5 km 18 min
Metro Station No. 1 – Ba Son 1 km 12 min
Tan Son Nhat Airport 7 km 25 min
Connecting District 1, District 3, District 4, Binh Thanh District, Thu Duc City 2 – 7 km 5 – 20 min
69 - 298 - 360 - 724 sqm
Estimated Rentable Area
Rent
$31++/sqm
Management fee
$7.1/sqm
VAT
10%
Estimated rental price
$41.91/sqm
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