Tòa nhà Hòa Phát GRADE C

Building Overview

Located on Giai Phong Street, Bach Mai Ward, Hanoi, Hoa Phat Building offers an optimized office space solution for businesses seeking stable operations in the southern gateway of the capital. With a scale of 27 above-ground floors, including 5 dedicated office floors and 3 spacious parking basements, this Grade C building ensures synchronized technical infrastructure to meet the fundamental operational needs of modern enterprises.

The building's technical systems are highly prioritized, featuring a modern central air conditioning system and a high-capacity backup generator. These core elements guarantee continuous business performance and minimize operational downtime for tenants.

Location and Connectivity

Situated at 257 Giai Phong Street, Bach Mai Ward, Hanoi, Hoa Phat Building occupies a strategic position on the backbone route connecting the city center with southern provinces. Giai Phong Street features a wide cross-section, facilitating smooth traffic flow and reducing congestion during peak hours.

• Giai Phong traffic axis: Connects directly to key arterial routes such as Dai Co Viet, Xa Dan, Truong Chinh, and Ring Road 2, enabling quick travel to Hai Ba Trung, Dong Da, Thanh Xuan, and Hoang Mai ward.
• Major universities and central hospitals cluster: Only 3-5 minutes to reach Hanoi University of Science and Technology, National Economics University, Bach Mai Hospital, and National Otorhinolaryngology Hospital, offering a major advantage for businesses in healthcare, education, or high-quality recruitment.
• Noi Bai International Airport: Approximately 40 minutes away via Vo Chi Cong Street or Nhat Tan Bridge, ensuring a seamless route for executive business trips.
• Surrounding amenities ecosystem: The surrounding area is densely packed with major bank branches, office-friendly restaurants, and cafes, fully catering to client receptions and daily staff needs.

Technical Specifications and Operations

Before making a leasing decision, occupiers should address key infrastructure questions: Does the air conditioning system ensure even cooling? Are the backup power capacity and elevator count sufficient during peak hours? Below are the actual technical specifications of the building:

• Scale & Floor plate: Comprises 27 above-ground floors (including 5 office floors) and 3 spacious parking basements.
• Elevator system: Equipped with 2 high-speed elevators, ensuring smooth operation and minimizing wait times during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing cool air evenly across all working spaces.
• Backup power: 100% backup power generator, automatically activating immediately in the event of a main grid failure.
• Parking: 3 spacious basement levels, effectively solving the parking needs for both staff and visiting clients.
• Standard working hours: 8:00 AM - 6:00 PM Monday to Friday, and 8:00 AM - 12:00 PM Saturday.

Leasing Costs and Commercial Terms

To optimize operational budgets, businesses must understand the fixed and variable monthly expenses at the building:

• VAT: 10%.
• Electricity consumption: Billed based on actual consumption via individual office meters.
• Overtime (OVT) fee: Negotiable based on the actual operational needs of the business.
• Minimum lease term: Minimum 3-year lease to ensure stability for office setup.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

Hoa Phat Building is an easy option to place on an initial shortlist thanks to its clear profile and high stability. The building is particularly well-suited for small and medium-sized enterprises (SMEs), educational institutions, IT firms, or representative offices requiring a convenient trading location in southern Hanoi.

To ensure the workspace is fully optimized, businesses are advised to perform the following site survey steps:

• Physical space survey: Measure the actual usable area and inspect structural column locations to design the most efficient departmental layout.
• AC performance check: Measure the cooling efficiency in corner areas of the office during actual operating hours.
• Peak-hour parking assessment: Observe the traffic flow and capacity of the 3 basements during morning arrival and evening departure times.
• Overtime fee negotiation: Clarify OVT calculation methods if your business frequently has staff working late or night shifts.

Advisory Conclusion

Hoa Phat Building at 257 Giai Phong is a highly worthy Grade C office option, offering synchronized technical infrastructure and convenient traffic connectivity. To gain the most objective and accurate perspective on the floor plate, occupiers should conduct a physical site visit to finalize the best layout plan for each department. Contact a GRES specialist today to receive in-depth advice, the latest vacant space updates, and support in negotiating the most favorable lease terms.