Coffee chains compete to "win" prime land in the center of Ho Chi Minh City at the end of the year

Typically, the Katinat Saigon Kafe brand coffee chain recently opened 2 stores at 10B Ton Duc Thang - Bach Dang Ferry Station and 105 Nguyen Hue - Walking Street (District 1, Ho Chi Minh City) on the occasion of New Year. These stores welcome thousands of customers every day, sometimes customers have to wait in line for hours to order.

Not long before, on December 15, the Highlands Coffee chain opened a store next to the City Post Office , at 2 Cong Xa Paris, District 1. This premises has a super beautiful location, an area of nearly 700 ^m2 opposite Notre Dame Cathedral, next to Nguyen Van Binh book street, which was owned by McDonald's for many years but closed for nearly 2 years. In December 2023, the Highlands Coffee chain rented it back at a "huge" price.

Taiwanese milk tea chain - Coco Fresh Tea & Juice will also open a store at the corner of Ho Tung Mau - Huynh Thuc Khang in August 2023. In addition, 3T Egg Coffee recently opened another large branch on Suong Nguyet Anh Street (District 1).

Not only coffee chains opening in prime locations, grilled food and Vietnamese food shops are also about to open along busy streets in Ho Chi Minh City.

Chuỗi cà phê đua nhau — Katinat Saigon Kafe chain at 10B Ton Duc Thang (District 1)

A few months ago, right at the foot of Ba Son bridge, Nguyen Sieu street, especially the intersection with Ngo Van Nam street, also attracted many famous coffee chains to open branches in this area such as: Katinat, Juicetin, Passio, Okkio. This area is considered by young people as the second Bui Vien area in Ho Chi Minh City because every night it attracts a lot of customers sitting on both sides of the street. The area's area was once estimated to be up to several hundred million VND/month.

According to website muaban.net, the monthly rental price for a storefront on Nguyen Hue Street (District 1) on this street is currently fluctuating from 25 - 35 million VND equivalent to an area of 50 - 70m2, from 35 - 50 million VND for an area of 70 - 100m2, from 50 - 80 million VND for 100 - 150m2.

On Ho Tung Mau Street (District 1), an area of 100 ^m2 is being rented for 85 million VND/month, while a 390 ^m2 space with 2 frontages is being rented for 270 million VND/month...