Mipec Riverside GRADE C

Building Overview

From the market analysis perspective of GRES specialists, Mipec Riverside represents an exceptionally effective budget-optimization option in Eastern Hanoi. Comprising two towers of 34 and 35 floors with a dedicated 6-story office podium, the building delivers a professional Grade C working environment with superior technical specifications. The most valuable feature of the building is its typical floor plate of 2,500 sqm, a rare layout that allows large enterprises to consolidate their entire operations on a single floor, completely eliminating the operational costs associated with multi-floor fragmentation.

Location and Connectivity

The building is located at 02 Long Bien, Bo De Ward, Hanoi, right at the gateway connecting Long Bient directly to the Hoan Kiem city center via key bridges. This strategic traffic hub allows businesses to easily access high-quality talent pools from both sides of the Red River without worrying about localized traffic congestion.

• Long Bien transport axis: Direct connection to Ngoc Thuy dyke, Nguyen Van Cu street, and major national highways leading to northern provinces.
• Chuong Duong and Vinh Tuy Bridges: Only 5 to 10 minutes to reach Hoan Kiem and Hai Ba Trung ward, optimizing time for external corporate transactions.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong highway or Dong Tru bridge, facilitating convenient business travel for executives.
• Surrounding amenities ecosystem: Situated adjacent to major commercial centers like Aeon Mall Long Bien, major bank branches, restaurants, and business cafes serving daily client entertainment needs.

Technical Specifications and Operations

The building's technical infrastructure is comprehensively invested to ensure continuous operational efficiency for tenants.

• Scale & Floor plate: Comprising 02 towers of 34 and 35 floors, with a 06-story podium dedicated to offices featuring an exceptionally large floor plate of 2,500 sqm, optimizing open-plan layouts.
• Ceiling height: Reaches a standard of 2.7 m, providing a spacious feel and easy installation of technical ceilings.
• Elevator system: Equipped with 02 high-speed elevators dedicated to the office block, minimizing wait times during peak hours.
• Air conditioning system: Modern central air conditioning system distributing temperature evenly across the entire floor area.
• Backup power: Backup generator meeting 100% capacity to ensure uninterrupted operations during power outages.
• Parking: Spacious parking available across 03 basement levels, thoroughly resolving the parking needs of a large workforce and visiting clients.
• Standard working hours: Monday to Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial standpoint, the building offers highly competitive rental rates and commercial terms, helping businesses manage their long-term cash flow effectively.

• Reference rent: Approximately $9 - $10 /sqm/month (highly competitive relative to the building's scale).
• Service fee: Included in the rental price, allowing tenants to easily plan a fixed annual budget.
• VAT: 10%.
• Motorbike parking fee: 90,000 VND/vehicle/month.
• Car parking fee: 1,800,000 VND/car/month.
• Electricity fee: Charged based on actual consumption from individual office meters.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of an extremely large floor plate of up to 2,500 sqm, the building is an ideal choice for large corporations, technology firms, logistics companies, or training centers requiring a centralized, large-scale workspace. However, to ensure optimal operational efficiency, businesses should pay attention to several key technical checklist items.

• Space utilization efficiency: Carefully measure the net usable area versus the gross area on large floor plates to optimize desk layout density.
• Internal traffic flow: Evaluate the transit route from the 3 basement levels to the 6-story office podium to ensure privacy and security.
• Air conditioning capacity: Check the cooling zoning capability of the central AC system in meeting rooms or dedicated server rooms.
• Cash flow payment plan: Balance quarterly recurring payments with the 3-month deposit to optimize working capital.

Advisory Conclusion

Mipec Riverside is a clear testament to optimizing operational costs without compromising on the scale and quality of the workspace. To receive a detailed report on vacant spaces, a total operating cost calculation, and to schedule a site inspection, please contact GRES specialists today for the most professional and independent support.