The Kross: A New Chapter for Premium Workplaces in Ho Chi Minh City

Last week, NAI Vietnam and Savills Vietnam co-hosted Redefining The Workplace, bringing together business professionals, partners and industry leaders for an afternoon of discussion on how workplaces are evolving in Ho Chi Minh City.

Hosted at The Kross, the event also offered guests an opportunity to experience one of the city's newest premium office developments while exploring the market forces shaping the next generation of workplaces.

As expectations around work continue to change, the office is no longer simply a place to accommodate a workforce. Location, flexibility, sustainability, wellbeing and workplace experience are becoming increasingly important considerations for businesses planning their next move.

For Ms. Nhung Vu, Leasing Advisory and Transactions Director at NAI Vietnam, these shifts are already evident across Ho Chi Minh City's office market. Demand for Grade A space is increasing, while ESG, wellbeing and workplace experience are playing a greater role in leasing decisions.

Located in the heart of the CBD, The Kross Ho Chi Minh City brings together a strategic business address, Grade A office space, sustainability credentials and a workplace environment designed for modern businesses.

HCMC's Office Market Is Entering a New Cycle

Ho Chi Minh City's office market is evolving beyond the traditional focus on location and floor area.

According to NAI Vietnam's Q2 2026 market insights presented during Redefining The Workplace, the city's core remains its dominant office hub, with approximately 1.9 million sqm of current office supply and around 850,000 sqm of future supply forecast between 2026 and 2030.

At the same time, demand is becoming increasingly concentrated around higher-quality workplaces. Grade A office space is seeing stronger demand, while the CBD and emerging financial districts continue to benefit from occupier interest. ESG, wellbeing and workplace experience are also becoming increasingly influential in leasing decisions.

Source: NAI Vietnam Q2 2026 market insights, presented at Redefining The Workplace.

Market performance reflects this continued demand for quality. In Q2 2026, average Grade A net rent in the CBD stood at US$53.4 per sqm per month, compared with US$47.9 per sqm per month across Grade A offices citywide. Grade A occupancy stood at 85.1%.

The composition of occupier demand is changing too. In H1 2026, IT and technology accounted for 31% of transactions by area, followed by banking, finance and insurance at 27%. High-quality new supply continued to support office take-up during the period.

For Ms. Nhung, the direction of the market points towards a more considered approach to workplace selection. Businesses are increasingly looking beyond total square metres and asking what the workplace can deliver in terms of quality, experience and productivity. NAI Vietnam's outlook identifies this shift towards quality over quantity as one of the forces influencing the next phase of Ho Chi Minh City's office market.

This creates a clear context for developments such as The Kross, where the quality of the building and workplace environment becomes part of the business proposition.

The Right Address Still Matters

Located at 3A–3B Ton Duc Thang Street, The Kross sits in the heart of Ho Chi Minh City's established CBD, surrounded by major financial institutions, multinational headquarters, hotels and commercial developments.

The building is also within walking distance of Ba Son Metro Station, providing convenient access to the city's growing public transport network.

For businesses, a central location is about more than prestige. It influences how easily employees commute, how accessible a workplace is to clients and partners, and how closely a company can connect with the wider business ecosystem.

As Ho Chi Minh City continues to develop new financial and commercial districts, the traditional CBD remains an important business address. At the same time, emerging areas are creating a broader office landscape and new options for occupiers.

The Kross offers businesses the advantage of being part of this established CBD environment while benefiting from a newly delivered Grade A building.

The Way We Work Has Changed. Office Space Should Too.

The traditional office was often designed around a fixed idea of how people worked. Today's businesses require greater flexibility in how space is configured and used.

The Kross comprises 36 above-ground floors and five basement levels, providing approximately 32,949 sqm of Grade A office space. Typical floorplates range from 1,011 to 1,053 sqm, with column-free layouts and 50mm raised flooring supporting flexible workplace configurations.

• Scale: 36 above-ground floors + 5 basement levels, ~32,949 sqm of Grade A office space
• Floorplates: 1,011–1,053 sqm, column-free layouts
• Fit-out ready: 50mm raised flooring supporting flexible configurations
• Business continuity: Full backup power supply
• Security & management: Integrated access control, CCTV and an advanced Building Management System

These specifications give occupiers greater freedom to plan office environments around different team structures, functions and operational requirements.

This flexibility is becoming increasingly relevant as businesses reconsider how much space they need and how effectively that space is used. NAI Vietnam's market outlook highlights the growing role of AI and data in space optimisation, including better utilisation data and right-sized portfolios.

For occupiers, the priority is no longer simply securing a larger footprint. It is about creating office space that can adapt as the business changes.

Green Buildings Are No Longer an Option. They're a Must.

Sustainability has moved beyond being a differentiator. It is becoming part of the baseline expectation for a modern workplace.

NAI Vietnam's market outlook identifies ESG as an increasingly important part of corporate real estate strategy, with ESG, wellbeing and workplace experience increasingly influencing leasing decisions.

The next wave of Ho Chi Minh City office supply is also becoming increasingly green, with The Kross among the new Grade A developments identified in NAI Vietnam's 2026 to 2029 supply outlook.

The Kross is LEED Gold and WELL certified, reflecting a focus on both environmental performance and occupant wellbeing. Its sustainability strategy incorporates energy-efficient systems, smart water management and environmentally conscious materials, while WELL strategies address areas including indoor air quality and physical wellbeing.

For businesses with increasingly defined ESG and workplace objectives, sustainability is no longer simply an additional benefit. It is becoming a fundamental part of the workplace decision.

A Good Office Does More Than Fit Your Business.

A workplace is experienced long before an employee sits down at their desk.

It begins with accessibility and arrival, continues through the building environment and workplace design, and shapes how people move, collaborate, focus and connect throughout the day.

This is where the idea behind Redefining The Workplace becomes particularly relevant.

The Kross brings these considerations together through its central CBD location, efficient floorplates, modern infrastructure, sustainability credentials and focus on workplace wellbeing.

The result is an office environment designed not only around the physical requirements of a business, but also around the experience of the people who use it.

The Future of HCMC Offices Will Demand More.

Another factor shaping the city's office market is the development of the Vietnam International Financial Centre in Ho Chi Minh City.

NAI Vietnam's market outlook identifies VIFC-HCMC as a potential driver of demand from finance and fintech occupiers, alongside higher demand for Grade A office space and continued development across the CBD and emerging financial districts.

The VIFC-HCMC area covers approximately 898.72 hectares, with more than 70% of new office supply expected to be located within the VIFC-HCMC area.

This development is expected to further strengthen Ho Chi Minh City's position as a financial and business hub and broaden the relationship between the traditional CBD and emerging commercial districts.

For occupiers, these changes will influence more than where businesses locate. They will also shape what companies expect from their buildings, including connectivity, building quality, digital infrastructure, sustainability performance and workplace experience.

The office of the future will therefore need to support both business growth and the people driving it.

The Next Chapter Starts at The Kross.

Against this evolving market backdrop, The Kross Ho Chi Minh City reflects the growing demand for higher-quality office environments in the city.

Its strategic CBD location, Grade A office space, flexible floorplates, modern building systems, LEED Gold and WELL certifications position it within a market where businesses are increasingly looking for more from their workplace.

Through Redefining The Workplace, NAI Vietnam and Savills Vietnam were pleased to bring together different perspectives on the changing office landscape while introducing guests to The Kross first-hand.

We would like to thank Savills Vietnam, The Kross, our speakers and all guests who joined us and contributed to a meaningful afternoon of discussion and exchange.

For businesses exploring Grade A office space in Ho Chi Minh City's CBD, The Kross offers a workplace environment designed around the changing expectations of modern business.

NAI Vietnam and Savills Vietnam are the lead marketing and leasing agents for The Kross.

Event Gallery

A look back at Redefining The Workplace, hosted at The Kross.