Discovery Central GRADE B

Building Overview

Planning an optimal workspace for a workforce of 100 to over 500 personnel requires a sufficiently large and regular floor plate to avoid departmental fragmentation. Discovery Central at 67 Tran Phu, Ba Dinh Ward is one of the few Grade B office buildings completed in 2021 that boasts an exceptionally large typical floor plate of up to 1900 sqm/floor. Featuring 17 above-ground floors and 04 basement levels, with floors 1 to 5 dedicated to office use, the building offers seamless and professional workspaces. Professionally managed by CBRE Vietnam, the project ensures international operational standards, optimizing the daily working experience for large-scale enterprises.

Location and Connectivity

The building is situated at the prime street front of 67 Tran Phu, Ba Dinh Ward, Hanoi, right at the intersection of Tran Phu and Le Truc streets, within the administrative and diplomatic heart of the capital. This historic street features a unique traffic context, hosting numerous government ministries and foreign embassies, which establishes outstanding geographical prestige for any business headquartered here.

• Tran Phu - Kim Ma axis: Connects Ba Dinh wardt directly and swiftly to Dong Da, Cau Giay, and Ring Road 2.
• Ba Dinh Square and Ho Chi Minh Mausoleum: Just a 5-minute walk away, facilitating high-level diplomatic activities and hosting premium partners.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth business travel schedules.
• Surrounding utility ecosystem: Surrounded by major banks, restaurants, international conference centers, and large parks like Bach Thao and Lenin Park.

Technical Specifications and Operations

The technical infrastructure at Discovery Central is comprehensively invested to maximize daily operational efficiency for tenants:

• Scale & Floor plate: Built with 17 above-ground floors and 04 basement levels, featuring a typical floor plate of 1900 sqm with a regular layout that optimizes net usable area.
• Ceiling height: Reaches a standard clear height of 2.7 m, creating a spacious and airy office environment.
• Elevator system: Equipped with 03 high-speed Mitsubishi elevators dedicated to the office section, operating independently from the residential area.
• Air conditioning system: High-efficiency centralized Daikin air conditioning system, ensuring optimal temperature distribution.
• Backup power: 100% backup power generator capacity to maintain continuous operations during any power outages.
• Parking space: 04 spacious basement levels, completely resolving the parking challenges for both employees and visiting clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The detailed breakdown of rental costs and commercial terms at the building is compiled by GRES:

• Reference rent: $16 - $17 /sqm/month (subject to change depending on leased area and timing).
• Service fee: 6 USD/sqm/month.
• VAT: 10%.
• Electricity charges: Centralized AC electricity is included in the service charge, helping businesses significantly save on monthly operational costs.
• Overtime fee (OVT): Negotiable based on the actual operational needs of the business.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of a massive floor plate of up to 1900 sqm and a prestigious location in Ba Dinh wardt, Discovery Central is the optimal choice for multinational corporations, financial institutions, tech firms, or international organizations requiring a centralized, unfragmented workspace. When conducting a physical site inspection, businesses should pay attention to several key technical points to secure their best interests:

• Floor efficiency: Carefully measure the net usable area versus the gross area to accurately calculate the desk layout density.
• Traffic segregation: Inspect the dedicated office lobby and access routes to ensure complete separation from the residential section, maintaining high professionalism.
• Parking capacity: Verify the actual capacity of the 04 basement levels during peak hours to ensure it meets the demands of a large workforce.
• Overtime charges: Negotiate detailed terms for overtime operations if your business frequently runs night shifts or weekend schedules.

Advisory Conclusion

Discovery Central 67 Tran Phu is one of the rare Grade B office buildings in central Ba Dinh that solves the demand for large floor plates while offering professional management by CBRE Vietnam. This is a highly worthy workspace solution for large enterprises looking to elevate their brand prestige. Contact GRES specialists today to receive detailed quotes, actual vacant spaces, and comprehensive support for the most favorable lease negotiations.