AP Building GRADE C

Building Overview

Located on Tran Thai Tong Street, Cau Giay Ward, Hanoi, AP Building offers outstanding commercial advantages in the administrative center of Western Hanoi. Rising 09 stories with 01 basement level, the building features a typical floor plate of 300 sqm/floor, which can be flexibly partitioned to optimize workspace efficiency. This is an ideal Grade C office solution for businesses seeking a reputable and easily accessible corporate address with a highly optimized operating budget.

Location and Connectivity

AP Building is situated at the prime frontage of 58 Tran Thai Tong, Cau Giay Ward, Hanoi, one of the most bustling and high-density office corridors in the Cau Giay wardt.

• Tran Thai Tong main axis: Directly connects to key arterial routes such as Xuan Thuy, Pham Hung, Pham Van Dong, and Ring Road 3, facilitating swift travel to neighboring ward.
• Nearby Hotels / Shopping Malls / Parks / Hospitals / Landmarks: Only a 5-minute drive to Cau Giay Park, and close to major office developments like CMC Tower and TTC Tower, providing excellent conditions for diplomatic activities and client receptions.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong or Nhat Tan Bridge, ensuring seamless business travel schedules.
• Surrounding amenities ecosystem: Surrounded by a dense network of major bank branches such as BIDV, Sacombank, along with diverse restaurants and office cafes right at the doorstep.

Technical Specifications and Operations

Below are the actual technical specifications to help businesses evaluate operational efficiency at the building:

• Scale & Floor plate: 09 stories and 01 basement level; typical floor plate of 300 sqm/floor with a square layout, allowing easy division of departments.
• Ceiling height: Reaches a standard of 2.7 m, creating a spacious and comfortable working environment.
• Elevator system: Equipped with 01 Mitsubishi elevator operating stably.
• Air conditioning system: Modern central air conditioning system, distributing temperature evenly to every workspace.
• Backup power: 100% backup power generator capacity to ensure uninterrupted operations during power outages.
• Parking: 01 basement level and surrounding outdoor parking adequately meet the motorbike parking needs of employees 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

Commercial terms and operating costs at the building are clearly defined to help businesses easily balance their budgets:

• Reference rent: $9 - $10 /sqm/month (rates may vary depending on leased area and lease signing timing).
• Service fee: Included in the rental price.
• VAT: 10%.
• Motorbike parking fee: 100,000 VND/motorbike/month.
• Electricity consumption: Actual consumption based on meter readings for each office.
• Overtime fee (OVT): Negotiable directly with the building management.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its flexible layout and reasonable costs, AP Building is an optimal choice for small and medium enterprises (SMEs), startups, IT firms, or representative offices requiring an easily locatable central address. To ensure stable operations, businesses should pay attention to the following physical inspection points:

• Elevator efficiency: Check the operating frequency of the single Mitsubishi elevator during peak hours to coordinate staff schedules effectively.
• Actual usable area: Carefully measure the net usable area versus the gross wall-to-wall area to plan the most optimal desk layout.
• Parking capacity: Inspect the basement and surrounding outdoor parking areas at midday to assess the capacity for accommodating peak motorbike volumes.
• Central AC system: Determine the local temperature control mechanism in each working zone to optimize electricity costs.

Advisory Conclusion

AP Building at 58 Tran Thai Tong stands out as one of the most cost-effective Grade C office options in Cau Giay wardt, thanks to its prime street frontage and flexible leasing policies. For detailed quotes, real-time vacant space updates, and to schedule a physical viewing, please contact GRES specialists today to secure the most favorable commercial terms.