Coworking Space: Monthly Rental Requirements

This article was written by our expert who is surveying the industry and constantly updating the business plan for a coworking space.

Who wrote this content?

The Dojo Business Team

A team of financial experts, consultants, and writers

We're a team of finance experts, consultants, market analysts, and specialized writers dedicated to helping new entrepreneurs launch their businesses. We help you avoid costly mistakes by providing detailed business plans, accurate market studies, and reliable financial forecasts to maximize your chances of success from day one—especially in the coworking space market.

What is the average monthly rent for a dedicated desk and a private office in coworking spaces?

Dedicated desk monthly rental rates in Ho Chi Minh City coworking spaces range from ₫2,150,000 to ₫7,000,000 ($85-$275), while private offices cost ₫3,350,000 to ₫10,800,000 ($135-$425+ per seat).

The pricing variation depends primarily on three factors: location within the city, quality of amenities provided, and the reputation of the coworking operator. Premium locations in District 1 command the highest rates, often reaching the upper end of these ranges.

International chains like WeWork and The Executive Centre typically charge 20-40% more than local independent operators for comparable spaces. This premium reflects their standardized service levels, global network access, and established brand recognition in the market.

Private office pricing scales with team size, with single-person offices starting at the lower end and larger team spaces reaching $500+ per seat monthly. Most coworking operators offer volume discounts for teams of 5+ people, reducing the per-seat cost by 15-25%.

What are the additional fees or service charges beyond the base monthly rent?

Most coworking spaces in Ho Chi Minh City include core amenities in their base pricing, but several additional charges commonly apply to monthly rentals.

Printing and copying services typically cost ₫500-₫2,000 per page, depending on color and paper quality. Many spaces offer monthly printing packages ranging from ₫50,000-₫200,000 for regular users who need consistent access to these services.

Parking represents a significant additional expense, with motorbike parking costing ₫150,000-₫500,000 monthly and car parking ranging from ₫800,000-₫2,000,000 monthly. Premium buildings in central locations charge at the higher end of these ranges.

Storage solutions like personal lockers cost ₫200,000-₫800,000 monthly depending on size. Premium meeting room rentals beyond included hours typically cost ₫100,000-₫500,000 per hour, with video conferencing equipped rooms commanding higher rates.

Some international chains offer business support services including company registration assistance, legal support, and premium concierge services for ₫500,000-₫2,000,000 monthly depending on the service level selected.

What is the typical minimum contract length required for monthly rentals?

Contract length requirements vary significantly between coworking space operators, with local independent spaces offering more flexibility than international chains.

What is the average deposit amount required before moving in?

Deposit requirements in Ho Chi Minh City coworking spaces typically range from one to three months' rent, with international chains requiring higher deposits than local operators.

Local independent coworking spaces commonly request one month's rent as deposit, with some flexible operators accepting no deposit for established businesses or long-term commitments. These spaces often offer payment flexibility to attract startups and small businesses.

International chains and premium operators typically require two to three months' rent as deposit. This higher requirement reflects their standardized policies and provides greater security for expensive fit-outs and premium amenities.

Private office rentals generally require higher deposits than dedicated desks, with most operators requesting two to three months' rent regardless of their standard policies. Larger private offices for teams of 10+ people may require additional security deposits of ₫5,000,000-₫15,000,000.

Some coworking spaces offer reduced deposit options for annual contract commitments, potentially reducing the required deposit to one month's rent even for premium locations.

What amenities and services are usually included in the monthly rent?

Standard monthly rental packages in Ho Chi Minh City coworking spaces include core amenities that support daily business operations without additional charges.

• High-speed internet and Wi-Fi - Typically 100-500 Mbps shared connections with backup systems to ensure consistent connectivity throughout business hours
• Furnished workspace - Ergonomic desk, office chair, storage drawers, and desk lighting provided for each dedicated position
• Reception and mail handling - Professional receptionist services during business hours, package acceptance, and basic mail sorting included
• Shared kitchen facilities - Fully equipped kitchenette with refrigerator, microwave, coffee machine, and complimentary beverages throughout the day
• Meeting room access - Limited hours (typically 2-5 hours monthly) in standard meeting rooms for up to 6 people, bookable through online systems
• Cleaning and maintenance - Daily cleaning of common areas, weekly deep cleaning of workspaces, and ongoing maintenance of facilities and equipment
• Basic business support - Access to printers, scanners, and office supplies, plus administrative assistance for simple tasks

You'll find detailed market insights on amenity benchmarking in our coworking space business plan, updated every quarter.

What are the most common add-ons or premium services that increase the monthly cost?

Premium services and add-ons can significantly increase monthly coworking space costs, with pricing varying based on the level of service and exclusivity offered.

Advanced meeting and event spaces represent the most common premium add-on, with conference rooms for 10-20 people costing ₫200,000-₫800,000 per hour. Event spaces for networking or presentations typically rent for ₫1,000,000-₫5,000,000 per session, depending on capacity and included services.

Dedicated storage solutions beyond basic desk drawers include personal lockers (₫200,000-₫500,000 monthly), filing cabinets (₫400,000-₫800,000 monthly), and secure document storage services (₫300,000-₫1,000,000 monthly) for businesses requiring enhanced security.

Premium location upgrades within the same coworking space can add 20-50% to monthly costs, with window seats, private corners, or quiet zones commanding higher rates. Some spaces offer "premium zones" with enhanced privacy and exclusive amenities for ₫1,000,000-₫3,000,000 additional monthly.

Concierge services including travel booking, restaurant reservations, and personal assistance cost ₫500,000-₫2,000,000 monthly. International chains often bundle these with global membership benefits and priority booking across their network of locations worldwide.

What are the peak demand months when rental prices are higher or availability is limited?

Peak demand periods in Ho Chi Minh City coworking spaces occur twice annually, significantly affecting both pricing and availability for monthly rentals.

The primary peak season runs from June through September, coinciding with international business expansion activities and expat relocations. During these months, availability drops by 30-40% and pricing increases by 15-25% above standard rates, particularly for private offices and premium desk locations.

The secondary peak occurs from December through early February, driven by pre-Tet holiday business activities and year-end corporate relocations. Many coworking spaces implement premium pricing during this period, with some operators charging up to 20% above standard monthly rates for new contracts.

March through May represents the optimal rental period, with maximum availability and potential for price negotiations. Many coworking spaces offer promotional rates during these months, providing opportunities for 10-20% discounts on standard pricing for annual commitments.

October and November offer moderate pricing and good availability, making them ideal for businesses seeking balance between cost and selection. This period often features the best long-term contract negotiations, with operators willing to lock in annual agreements at competitive rates.

What are the average operating hours and access conditions for monthly renters?

Operating hours and access policies for monthly coworking space rentals in Ho Chi Minh City vary significantly based on membership level and space type.

What is the cancellation or notice period policy for ending a monthly rental?

Notice period requirements for ending monthly coworking space rentals vary based on contract length and operator policies, with most spaces requiring 30 days' advance notice.

Standard month-to-month contracts typically require 30 days' written notice, with the notice period beginning from the first day of the following month. This means tenants must provide notice by the first of the month to avoid charges for the subsequent month.

Flexible coworking spaces catering to startups may offer shorter notice periods of 7-14 days for dedicated desks, particularly for members who have demonstrated consistent payment history. These policies help attract businesses with uncertain growth trajectories.

Longer-term contracts (6-12 months) often require 60-90 days' notice for early termination, with some operators charging early termination fees equivalent to 1-2 months' rent. Private office contracts typically have stricter cancellation policies due to the higher investment in setup and amenities.

International chains generally enforce standardized 30-day notice periods regardless of contract length, but may waive early termination fees for members relocating to other locations within their network. Some premium operators offer emergency cancellation options for legitimate business emergencies, typically requiring documentation and potentially incurring reduced penalties.

What discounts or incentives are usually offered for long-term monthly commitments?

Long-term commitment discounts in Ho Chi Minh City coworking spaces provide significant cost savings, with incentive structures varying by operator type and contract duration.

Six-month commitments typically offer 10-15% discounts off standard monthly rates, with international chains providing the lower end of this range and independent operators offering more aggressive discounts. These contracts often include additional perks like extra meeting room hours or priority booking privileges.

Annual contracts provide the most substantial savings, with discounts ranging from 20-30% off standard monthly pricing. Premium operators may offer additional incentives including free parking spaces, upgraded workspace locations, or complimentary business services worth ₫500,000-₫2,000,000 monthly.

Multi-year commitments (2-3 years) can achieve discounts of 30-40% off standard rates, though these are primarily available for private offices rather than dedicated desks. These contracts often include periodic rate reviews and upgrade options as businesses grow.

Startup-focused coworking spaces frequently offer graduated pricing models, starting with reduced rates for the first 3-6 months and scaling up as companies establish revenue streams. These programs may include mentorship access, investor networking events, and business development support as additional value propositions.

This is one of the strategies explained in our coworking space business plan.

What is the average occupancy rate of coworking spaces and how does it affect pricing?

Occupancy rates in Ho Chi Minh City coworking spaces range from 60% to 85%, with significant seasonal fluctuations that directly impact pricing strategies and availability.

Well-located coworking spaces in District 1 and premium buildings consistently maintain 80-90% occupancy rates, allowing operators to implement premium pricing strategies. These high-demand locations often maintain waiting lists during peak seasons and rarely offer promotional pricing.

Newer or less established coworking spaces typically operate at 60-75% occupancy, creating opportunities for price negotiations and promotional offers. These operators often provide flexible terms, reduced deposits, or additional amenities to attract tenants and build occupancy levels.

Seasonal variations significantly affect occupancy-based pricing, with peak months (June-September, December-February) seeing occupancy rates increase by 15-20 percentage points. During these periods, spaces operating at 90%+ capacity implement surge pricing, increasing monthly rates by 15-25% above standard levels.

Private office availability becomes particularly constrained when overall occupancy exceeds 85%, often resulting in 6-month waiting lists for premium locations. This scarcity allows operators to be highly selective about tenants and maintain strict contract terms without negotiation flexibility.

What are the key differences in monthly rental requirements between international coworking chains and local independent spaces?

International coworking chains and local independent spaces in Ho Chi Minh City operate with fundamentally different approaches to monthly rental requirements, reflecting their distinct business models and target markets.

We cover this exact topic in the coworking space business plan.

Conclusion

Understanding monthly rental requirements for coworking spaces provides the foundation for building a successful and competitive coworking business in Ho Chi Minh City's dynamic market.

Get expert guidance and actionable steps inside our coworking space business plan.

This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to consult with a qualified professional before making any investment decisions. We accept no liability for any actions taken based on the information provided.

Sources

1. Workin.space - Ho Chi Minh City Coworking Spaces
2. Instant Offices - Ho Chi Minh City Office Space
3. Saigon Office - Best Coworking Spaces
4. The Executive Centre - Coworking Spaces
5. Work There - Ho Chi Minh Co-working
6. WeWork - E-Town Central Building
7. WeWork - Ho Chi Minh City Locations
8. Vietnam is Awesome - Coworking Spaces
9. The Sentry - Coworking Space Guide
10. Iglu - Best Co-working Spaces in Vietnam