Coworking Space in Binh Thanh: The Perfect Choice for Small Startups
- Vân Trần
- Sep 17, 2025
- 5 min read
1. A New Way of Working: Why Small Startups Should Care About Coworking
Over the past five years, Vietnam has witnessed a boom in the startup ecosystem. In Ho Chi Minh City alone, thousands of new businesses are founded each year, the majority of which are small startups with teams of 3–8 people. These young groups are often active in technology, creative services, e-commerce, or marketing.
One of the biggest challenges for these startups is finding an office space. An office is not just a workplace, but also the face of the business when meeting clients, investors, or interviewing new talent. However, the cost puzzle is always a headache:
Traditional office: Expensive, long-term contracts, self-managed utilities and maintenance.
Coffee shops: Cheap but unprofessional, noisy, and distracting.
Working from home: Flexible but lacking discipline and boundaries.
In this context, a coworking space in Binh Thanh has become the ideal solution. It balances the three crucial factors: reasonable cost – professionalism – flexibility, making it perfect for early-stage startups.
2. What Is a Coworking Space?
A coworking space is a modern office model where individuals or small businesses share a common workspace. Instead of renting an entire office, you only need to choose a package for a desk, hot seat, or small private office that suits your needs.
Common types of coworking:
Hot desk (flexible seat): Choose any available desk daily, ideal for freelancers or digital nomads.
Dedicated desk (fixed seat): A personal desk assigned to each member for stability.
Private office: A small enclosed office for teams of 4–8 people, both cost-saving and private.
Key differences compared to traditional offices
Criteria | Traditional Office | Coworking Space |
Cost | High (USD 600–800/month for small space) + utilities, internet, maintenance | USD 60–100/person/month, all-inclusive |
Contract | 1–3 years, rigid | Flexible: daily, monthly, 6 months, yearly |
Facilities | Self-managed | Internet, meeting rooms, pantry, printers included |
Networking | Limited | High – vibrant community |
Scalability | Hard to expand | Easy to upgrade seats or offices |
👉 This makes coworking a “lean solution” for startups with fewer than 8 people.
3. Benefits for Startups with Less Than 8 People Choosing Coworking in Binh Thanh
3.1. Cost Optimization – A Survival Factor
For young startups, budget is critical. With a traditional office, you’ll pay:
Base rent: USD 500–800/month for a small unit.
Utilities (electricity, water, internet): USD 150–200/month.
Maintenance & cleaning: USD 100/month.
Hidden costs: furniture, deposits, parking fees…
Total: USD 750–1,100/month for a team of only 5–6 people.
By contrast, a coworking space in Binh Thanh costs only USD 60–80/person/month, all-inclusive. A 6-person team pays just USD 360–480/month, saving nearly 50% of expenses.
With a 6–12 month contract, discounts cut costs by another 15–20%. These savings can be reinvested into marketing, product development, or recruitment – far more valuable than renting a traditional office.
3.2. Strategic Location
Binh Thanh is a prime connector district in Ho Chi Minh City:
5 minutes to District 1.
10 minutes to District 2 via Saigon Bridge.
15 minutes to Phu Nhuan or Go Vap.
Choosing Binh Thanh gives startups affordable rent compared to District 1, while staying convenient for clients, partners, and investors. It’s also home to many tech firms, agencies, and freelancers, creating a vibrant startup hub.
3.3. All-Inclusive Facilities
Small startups often lack resources to fully equip an office. Coworking spaces provide:
High-speed, stable Wi-Fi.
Professional meeting rooms with screens/projectors.
Printers, scanners, pantry, and refreshments.
Reception service for guests and mail handling.
Rest areas and breakout spaces.
With one fixed fee, you get a ready-made office ecosystem without worrying about hidden costs.
3.4. Community Environment
Coworking is not just about desks and chairs – it’s about community. Startups often find partners, customers, and even investors right within the coworking environment.
Example: A software startup can immediately connect with a freelance designer at the next desk instead of going through a long hiring process.
3.5. Flexibility and Scalability
Startups grow quickly – from 5 people today to 10 in a few months. Traditional offices don’t scale easily.
With coworking, you can:
Start with 3–4 seats.
Upgrade to a private office for 6–8 people when needed.
Stay connected with the larger community for networking opportunities.
4. Real-Life Case Studies
A 5-Person Tech Startup
Initially rented a private office at USD 600/month.
Additional utilities & maintenance pushed costs to USD 800/month.
After moving to Pigeon Spaces: only USD 360/month for 5 people.
They saved 50% and reinvested in marketing.
Result: Raised USD 100,000 in angel funding within 6 months.
5. Cost Comparison
Criteria | Traditional Office | Coworking Space |
Base rent | USD 500–800/month | USD 60–100/person |
Utilities | USD 150–200/month | Included |
Maintenance | USD 100/month | Included |
Total (6 people) | USD 750–1,100 | USD 360–460 |
Contract | 1–3 years | Flexible |
Networking | Minimal | High |
👉 Clearly, coworking saves at least 40–50% while offering greater value.
6. Global and Local Coworking Trends (2025 Outlook)
According to Coworking Insights 2024:
There are over 40,000 coworking spaces worldwide, serving 5 million users.
By 2025, the number is expected to double.
65% of small startups globally choose coworking instead of traditional offices.
In Vietnam:
Ho Chi Minh City and Hanoi lead in coworking adoption.
Binh Thanh is emerging as a hotspot due to proximity to District 1 but with lower costs.
Trends: greener offices, integrated tech (app-based booking, digital check-in), and more community-driven models.
7. Why Choose Pigeon Spaces?
Among many coworking spaces in Binh Thanh, Pigeon Spaces stands out with:
Discounted long-term pricing: best rates for 6–12 month contracts.
Flexible space options: hot desks, dedicated desks, and private offices for teams up to 8.
Modern facilities: strong Wi-Fi, meeting rooms, pantry, printers, reception.
Vibrant community: events, workshops, and networking opportunities.
👉 Pigeon Spaces is not just a workplace – it’s a growth platform for startups.
8. FAQ – Frequently Asked Questions
Is coworking suitable for freelancers?Yes. It provides stability, quiet, and professionalism – far better than cafés.
Are short-term contracts available?Yes. Daily, weekly, or monthly packages exist, but long-term (6–12 months) is cheaper.
Do I pay extra for utilities and internet?No. Everything is included in the package.
Can I upgrade when my team grows?Yes. Easily scale from 1 seat to a private office.
Is it suitable for client meetings?Absolutely. Meeting rooms are professional and well-equipped.
Are there community events?Yes. Workshops and meetups are held regularly.
Is parking available?Yes, on-site or nearby.
Is there a reception service?Yes. Staff assist with guest greetings and mail handling.
Can freelancers leave personal items?Yes, with dedicated desk packages.
Are there startup discounts?Yes. Pigeon Spaces offers promotional packages for long-term commitments.
9. Conclusion
For startups with fewer than 8 people, choosing an office is a critical decision.
Traditional offices: expensive, rigid, hard to manage.
Coworking in Binh Thanh: affordable, flexible, professional, and community-driven.
👉 Among them, Pigeon Spaces is the best choice – especially with 6–12 month contracts that maximize cost savings.
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Are you a small startup or freelancer in Ho Chi Minh City? Don’t miss out:
Book a free tour at Pigeon Spaces.
Request a detailed quote for long-term packages.
Enjoy a free trial day to experience the difference.
👉 Pigeon Spaces – The workspace for bold new beginnings.
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