CTM Building GRADE C

Planning an optimal workspace for a team of 15 to 30 employees on a professional floor plate always requires a strict balance between actual usable area and fixed monthly operating costs. CTM Building at 299 Cau Giay thoroughly addresses this challenge by providing well-proportioned office spaces combined with highly optimized financial terms for businesses in their growth and cash-flow optimization phases.

Building Overview

CTM Building is a Grade C office building featuring 9 above-ground floors and 1 basement, developed and directly managed by Cau Giay Trading Joint Stock Company. With a typical floor plate of 220 sqm/floor, the building features a minimalist design focused on practical efficiency and flexible layout distribution. The most significant advantage of the building is its highly competitive rental rates, which already include the management service fee, allowing businesses to easily control their fixed operating budget without worrying about unexpected additional surcharges.

Location and Connectivity

The building is located directly on the street front at 299 Cau Giay, Cau Giay Ward, Hanoi, situated on one of the most bustling arterial routes in the western gateway of the capital.

• Cau Giay traffic axis: Direct and rapid connection to key routes such as Xuan Thuy, Nguyen Phong Sắc, Tran Thai Tong, Ring Road 2, and Ring Road 3, facilitating convenient inter-wardt trade.
• Administrative and educational clusters: Located near major universities and commercial bank branches, making it easy for businesses to conduct financial transactions and access high-quality human resources.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong street or Nhat Tan bridge, ensuring smooth schedules for welcoming international partners.
• Surrounding utility ecosystem: A high density of restaurants, office cafes, supermarkets, and shopping centers, fully meeting the daily dining and business entertainment needs of staff.

Technical Specifications and Operations

CTM Building is equipped with synchronized standard technical infrastructure, ensuring a stable and professional working environment for businesses:

• Scale & Floor plate: 9 above-ground floors and 1 basement, with a typical floor plate of 220 sqm/floor designed squarely to maximize actual usable space.
• Ceiling height: Reaches a standard of 2.65 m, creating an airy and comfortable office environment.
• Elevator system: Equipped with 2 Mitsubishi high-speed elevators, minimizing waiting times during peak hours.
• Air conditioning system: Central air conditioning system distributing temperature evenly across the floor.
• Backup power: 100% power backup via generator to ensure continuous operation during grid power failures.
• Parking: 1 basement floor and adjacent outdoor parking, well-meeting the 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 financial policy at CTM Building is highly rated as one of the best cost-saving options in the Grade C office segment in the area:

• Reference rent price: $12 - $13 /sqm/month (competitive rate, subject to change depending on area and lease timing).
• Service fee: Included in the rental price, helping businesses significantly save on monthly management costs.
• VAT: 10%.
• Motorbike parking fee: 91,000 VND/motorbike/month.
• Electricity fee: Actual consumption as per meter for each individual office.
• Minimum lease term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: 3-month deposit - Quarterly payment for flexible cash flow.

Suitable Tenant Profiles and Checks

With its well-proportioned 220 sqm floor plate and reasonable costs, CTM Building is an ideal choice for small and medium-sized enterprises (SMEs), startups, representative offices, or technology and service firms seeking a professional, accessible office without heavy cash flow pressure. When conducting a physical site survey, businesses should pay attention to the following technical details:

• Actual usable area: Carefully measure the net usable area versus the gross area to plan the most efficient desk layout.
• Peak parking capacity: Survey the adjacent parking lot in the early morning to assess the capacity for a larger workforce.
• Individual electricity meter: Check the location and operation of the independent electricity meter before handover to control power consumption costs.
• Telecom infrastructure: Confirm the list of internet service providers allowed in the building to ensure a stable connection for daily operations.

Advisory Conclusion

CTM Building 299 Cau Giay is a smart office solution that thoroughly addresses the operational cost optimization challenge for small and medium-sized businesses. The integration of the service fee into the rental price, combined with its prime street-front location, helps the building maintain a high occupancy rate. To receive a detailed report on actual vacant spaces, a total operating cost calculation sheet, and support in negotiating the best lease terms, contact a GRES consultant today.