The Monarch 21 PKK Building

21 - Phung Khac Khoan - Tan Dinh Ward - Ho Chi Minh City

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Building information

Building structure
Building structure
1 basements - 7 floors
Year completed
Year completed
2025
Building Grade
Building Grade
Grade C
Elevators
Elevators
1 high speed elevators
Ceiling height
Ceiling height
2.70m
Direction
Direction
Northeast
Typical floor
Typical floor
275 sqm/floor

Area and rental information

Area
Area
175 - 275 - 475 sqm
Rent
Rent
$16/sqm/month
Management fee
Management fee
$2/sqm/month
VAT (Value added tax 10%)
VAT (Value added tax 10%)
10%
Motorbike Parking Fee
Motorbike Parking Fee
300.000 VND/space/month
Car Parking Fee
Car Parking Fee
3.000.000 VND/space/month
Electricity bill
Electricity bill
Based on state price
Overtime Fee
Overtime Fee
Negotiable
Rental period
Rental period
At least 2 years
Deposit
Deposit
3 months rent
Payment
Payment
Quarterly

Introduction

Nestled on the quiet Phung Khac Khoan street in District 1, The Monarch 21 PKK embodies the essence of a “selective” office – a workspace situated in a private, uncluttered setting, sufficiently separated from the familiar hustle and bustle of the CBD. While not located on a major thoroughfare, the building boasts the advantage of quick access to Hai Ba Trung, Nguyen Dinh Chieu, and the Da Kao area within minutes.

The Monarch 21 PKK is ideal for businesses that prioritize a central location, a streamlined work environment, and a polished image over ostentatious display. This is why the building is often chosen by representative offices, foreign companies, or creative agencies for their long-term headquarters.

BUILDING DESIGN & SCALE

The Monarch 21 PKK is developed as a boutique office building, with a structure of 1 basement level and 7 above-ground floors, creating a compact overall design that allows for easy management of usage density. The building’s space is organized at a moderate height, maintaining a sense of privacy while ensuring the full functionality of a modern office.

Each floor has an area of ​​approximately 275 sqm, with a square layout and minimal columns, allowing businesses to flexibly arrange various work models. The glass facade maximizes natural light, combined with moderately high ceilings to create a spacious feel, befitting a modern and sophisticated workspace.

The Monarch 21 PKK doesn’t aim for large scale, but focuses on the user experience: quiet, easy to operate, and suitable for businesses that prioritize focus, creativity, and privacy in the workplace.

RENTAL PRICES & SERVICE FEES

In the boutique office segment in the heart of District 1, The Monarch 21 PKK offers a reasonable price considering the quality of space and location. The rental price is suitable for businesses needing a central office but not prioritizing large-scale operations.

Management fees include basic operating items such as cleaning common areas, security, and system maintenance. Electricity is charged according to a separate meter, and overtime charges for air conditioning use are not included, allowing businesses to proactively control their operating budget.

The Monarch 21 PKK is a suitable choice for businesses seeking a central office with a modern design, a quiet working environment, and a sophisticated image – a true “boutique office” in the heart of District 1.

Building amenities

The amenities at The Monarch 21 PKK are designed to be minimalist and just right, suitable for a boutique office model in a quiet central area. The common areas are neat and clean, creating a sense of privacy right from the entrance, ideal for businesses that frequently receive clients or work in teams.

The Monarch 21 PKK prioritizes a high number of amenities over a practical user experience: quiet, easy to operate, and maintaining a polished work image—perfect for businesses seeking a sophisticated and selective central office space.

Elevator specifications
Elevator specifications
1 high-speed elevator, operating smoothly.
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
1 basement parking
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 Monarch 21 PKK is located in the Phung Khac Khoan – Tan Dinh area, where a quiet workspace meets the complete urban amenities of District 1’s heart. Surrounding the building are office buildings, banks, restaurants, and high-end services, making it convenient for businesses to meet clients, conduct transactions, and carry out daily activities without having to travel far.

Phung Khac Khoan Street 50 m 1 minute
Hai Ba Trung Street 300 m 2 minutes
Nguyen Dinh Chieu Street 400 m 3 minutes
Da Kao area – the diplomatic center 500 m 4 minutes
Banks (Vietcombank, ACB, BIDV…) 300 m 3 minutes
Office café – restaurant 300 m 3 minutes
Le Van Tam Park 700 m 5 minutes
Convenience stores (Circle K, GS25, WinMart+) 150 m 2 minutes
Connecting District 3 1 km 5 minutes
Rent
$16++/sqm
Management fee
$2/sqm
VAT
10%
Estimated rental price
$19.8/sqm
175 - 275 - 475 sqm
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