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We have been often asked about the Office Building Classification Types by several prospects. We hope the below could be at help in some point of views:

In fact, there is no formal international standard for Office Building Classifications.

What is Grade A Office Specification?
- The pinnacle quality that can be achieved. This property will be brand new or have undergone a complete redevelopment with a high-specification renovation, it will be well-located with good access and be professionally managed.
- Often be found in high-rise buildings, meaning higher ceilings, a more spacious, naturally-lit space and central, manned lobby.
- Due to their high standards, they offer higher rentals.
- Recently, having one of the green building certifications will be a plus for grade A buildings to attract more future tenants.

What is Grade B Office Specification?
- Considered ‘average’ and perfectly usable.
- This type of commercial space may be categorised as so because it is in a less desirable location, or because it hasn’t been renovated in recent years. In fact, some properties start out as grade A, but get downgraded with time.

What is Grade C Office Specification?
- Usually refers to buildings that are 20 years old plus
- These buildings are not aesthetically pleasing, technology is out-dated, and infrastructure is lacking, therefore they offer the lowest yields and are often targeted by developers and utilised by smaller companies.

What Influences an Office Space Classification?
When defining which category a commercial property fit out adheres to, there are a number of elements to consider, including:
• Green building certifications
• Property age
• Location
• Access
• Parking
• Number and speed of elevators
• Security
• Construction
• Nearby or onsite amenities

See The Space provides complimentary leasing consultation, for more information please click to the link: Office for lease in Hochiminh City