The OpusK, Son Kim Land: What about Owning Grade-A Offices?
What is a Grade-A Office?
Grade A offices are the highest-quality office spaces available for lease, typically located in prime and central locations. They feature modern designs and are equipped with professional services and top-notch amenities that meet the highest standards of quality.
In Ho Chi Minh City, Grade-A offices are further categorized into two types:
- Grade-A CBD: These are office buildings located in the most central areas, such as along Nguyen Hue Street. Examples include Times Square, Saigon Center II, and Deutsche Haus…
- Grade-A: These are office buildings situated in prime locations with convenient transportation and close proximity to the city center. Examples include Lim Tower II and Thien Son Mall Sala…
Overview of Son Kim Land’s latest office project: The OpusK
Tenants of Grade-A Offices
The tenants of Grade-A offices typically include large foreign companies, representative offices, embassies, major financial institutions, as well as medium and large-sized enterprises with strong reputation and substantial financial resources.
Potential customers of Grade-A offices
With this high-profile customer portfolio, although not extensive, it is characterized by quality.
This also aligns with the supply of Grade-A offices, which is typically sufficient but never excessive. Additionally, the primary requirement for Grade-A offices is a central location, where land availability is inherently limited, resulting in a scarcity of supply.
We can easily observe this phenomenon, as the number of Grade-A offices in the city center can be counted on one hand.
What about newly planned areas like Thu Thiem?
The statistics don’t come as a surprise to me either, as only 11% of the total area in Thu Thiem is designated for commercial, service, and office purposes.
It can be envisioned that in the future, the New Financial District of Thu Thiem will also experience a scarcity of Grade-A offices, with the majority of the area being dedicated to green spaces and public facilities, accounting for 67%, while residential properties and apartments will make up the remaining 22%.
The statistics regarding the planned office area in Thu Thiem account for only 11%
And with an estimated total population of nearly 400,000 people, not to mention those commuting from neighboring areas to Thu Thiem for work…
The planned infrastructure of Thu Thiem’s financial district will provide excellent connectivity to various locations such as District 1, District 4, Binh Thanh District, District 2, District 9, etc… Therefore, it can be seen that in the future, Grade-A offices here will have more attraction compared to the current central area due to better accessibility to transportation and well-planned infrastructure.
With the new product invested and set to be launched in the market in July 2023 by Son Kim Land, it is expected to be a type of real estate that attracts the attention of many investors or end users: Luxury Boutique Office at The Metropole Thu Thiem – The OpusK complex:
- 24/7 exclusive access
- Customizable design
- Ample parking space
- Only 108 units
- Modern and luxurious
Detailed Layout and Amenities at The OpusK
Attractive Rental Prices
Compared to Grade-A CBD offices located just 1km away from The OpusK, the rental prices here are considered highly competitive, starting at only $46++ per square meter. This ensures a significantly lower vacancy rate, making it an appealing choice for tenants.
The rental price for Grade-A CBD offices at the current moment always starts from $60++
The scarcity of Grade-A offices, especially the new type: Luxury Boutique Office like at The OpusK, will not only attract tenants but also potential buyers due to its rarity and unique characteristics of the project.
View the layouts of Luxury Boutique Offices at the OpusK here:
[[sc-btn||text= Layout of the OpusK||type=url||value=https://drive.google.com/drive/folders/1nL5sJx0KIZLD1gnLQE99jVsTw6bZMrJ-?inf_contact_key]]
Before 30.06.2023: Participate in a refundable booking (reservation) with 500 million VND per unit, you will receive a 3% discount on the sales opening day (expected to be in July 2023).
[[sc-btn||text= Contact Realtique for Refundable Booking||type=email||[email protected]]]
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