HACID Building GRADE C

Building Overview

Located on Quan Thanh Street, Ba Dinh Ward, Hanoi, HACID Building is an ideal choice for mid-sized enterprises, representative offices, or teams looking for a compact, quick-to-setup workspace to stabilize operations. As a Grade C office building consisting of 9 office floors, 1 Ground floor, and 1 Basement, the building offers a typical floor plate of 270 sqm/floor, delivering high space efficiency thanks to its square layout with minimal columns.

Location and Connectivity

The building is situated at 69 Quan Thanh, Ba Dinh Ward, Hanoi, on a key arterial route connecting the Ba Dinh administrative center directly with West Lake and Hoan Kiem wardt. This location features stable traffic density, airy surroundings, and significant diplomatic advantages due to its proximity to government agencies.

• Quan Thanh arterial route: Offers quick access to major streets such as Phan Dinh Phung, Thuy Khue, and Thanh Nien, facilitating easy travel to Tay Ho and Hoan Kiem ward.
• West Lake and Truc Bach Lake: Just a 3-minute drive away, providing scenic environments and ideal spots for hosting diplomatic partners.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless business travel.
• Surrounding business ecosystem: Surrounded by major bank branches, administrative offices, restaurants, and business cafes, fully meeting daily transaction and dining needs.

Technical Specifications and Operations

The technical infrastructure at the building is systematically invested to ensure continuity and safety for business operations:

• Scale & Floor plate: Comprises 9 office floors, 1 Ground floor, and 1 Basement with a typical floor plate of 270 sqm/floor, making it easy to partition into meeting rooms, workspaces, and reception areas.
• Ceiling height: Reaches a standard of 2.65 m, providing necessary ventilation for the office space.
• Elevator system: Equipped with 2 Mitsubishi brand elevators operating smoothly to minimize waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system, ensuring even temperature distribution throughout the office.
• Backup power: 100% capacity backup generator to maintain operations during power grid failures.
• Parking: Parking on 1 Basement and 1 Ground floor flexibly accommodates the motorbike and car parking needs of staff and 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 leasing policy at the building is highly competitive and pragmatic within the Ba Dinh office segment:

• Reference rent: $11 - $12 /sqm/month (a reasonable rate, easy to position in a cost-optimized shortlist).
• Service fee: Included in rent, helping businesses easily forecast fixed operational costs.
• VAT: 10%.
• Motorbike parking fee: As per Building Management regulations.
• Electricity consumption: Actual consumption based on meter.
• Overtime fee (OVT): Negotiable based on actual usage requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

HACID Building is particularly well-suited for small and medium-sized enterprises (SMEs), foreign representative offices, service companies, or tech teams requiring a professional business address in Ba Dinh wardt at a reasonable cost. To ensure smooth operations, tenants should pay attention to the following on-site inspection points:

• Space utilization efficiency: Carefully measure the net usable area versus the gross wall-to-wall area to optimize the desk layout.
• Parking capacity: Inspect the actual capacity of the basement and ground floor during peak hours to plan parking arrangements for staff.
• Overtime policy: Negotiate detailed costs for AC and electricity usage outside standard working hours if the business frequently operates night shifts.
• Internal technical layout: Check the positions of load-bearing columns on the leased floor to design meeting room partitions without blocking views.

Advisory Conclusion

HACID Building represents a highly pragmatic Grade C office option in Ba Dinh, balancing a central location, competitive rental rates, and flexible floor plates. To receive the latest vacant space updates and negotiate optimal lease terms, please contact GRES specialists for professional consultation and on-site inspection support.