Epic Tower GRADE B

Building Overview

Epic Tower is the newest Grade B office building in the Duy Tan area, completed in 2022 by investor CTCP ECOLAND and professionally managed by Colliers International. Comprising 30 above-ground floors and 4 basement levels, the building holds a prestigious LEED green certification, which significantly minimizes energy consumption costs for tenants. This is an optimal long-term cash flow solution for enterprises seeking a modern, professional workspace while keeping their operational budget highly efficient.

Location and Connectivity

Located at the prime address of 19 Duy Tan, Cau Giay Ward, Hanoi, the building sits right at the heart of the Duy Tan area, which boasts the highest density of IT and financial enterprises in the western district of the capital.

• Duy Tan, Pham Hung, and Xuan Thuy main axes: Connect directly to wards such as Tu Liem, Ba Ding, and Dong Da, facilitating convenient business travel and daily commutes for employees.
• Novotel Suites Hanoi and Discovery Complex Mall: Located within a 1km radius, providing international-standard venues for hosting clients, events, and accommodation for foreign experts.
• Noi Bai International Airport: Only a 30-minute drive away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for executive business trips.
• Surrounding business ecosystem: Surrounded by a dense network of major bank branches such as Vietcombank, BIDV, Techcombank along with numerous restaurants and office-friendly cafes right at the doorstep.

Technical Specifications and Operations

To evaluate the technical capabilities of the building, businesses should review the following operational specifications:

• Scale & Floor plate: Comprising 30 above-ground floors and 4 basement levels; typical floor plate of 774 sqm/floor with an optimal layout for flexible workspace partitioning.
• Ceiling height: Reaches a standard of 2.7 m, ensuring a spacious environment and maximizing natural light.
• Elevator system: Equipped with 5 high-speed Schindler elevators, minimizing waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system, ensuring even temperature distribution across all office areas.
• Backup power: Backup power generator ensuring 100% capacity in case of any power grid failures.
• Parking space: Spacious parking across 4 basement levels, completely resolving the parking needs of both staff and visitors.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial perspective, Epic Tower offers a highly competitive and transparent cost structure, allowing businesses to plan their budgets with ease:

• Reference rent: $18 - $20 /sqm/month (subject to change depending on the leased area and floor level).
• Service charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/motorbike/month.
• Car parking fee: 1,600,000 VND/car/month.
• Electricity consumption: Included in service charge (for air conditioning), helping tenants save a significant portion of monthly utility bills.
• Overtime fee (OVT): Negotiable based on actual business requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its LEED green certification and modern design, Epic Tower is a perfect choice for young companies and startups looking to establish a professional image, especially those in information technology, finance, and logistics. To secure the best terms before signing, businesses are advised to conduct an on-site inspection using the following checklist:

• Verify air conditioning efficiency: Confirm the operational hours of the central AC system and ensure that cooling electricity is fully covered under the service charge.
• Inspect parking capacity at peak hours: Assess the actual availability of the 4 basement levels during morning arrival and afternoon departure times.
• Measure usable area: Determine the ratio of net usable area versus gross area to optimize office layout and desk arrangements.
• Negotiate overtime fees: Clarify the overtime (OVT) policy and costs if your company frequently operates night shifts or weekend hours.
• Evaluate natural lighting: Observe the sun exposure and the heat insulation of the glass facade to plan an appropriate interior design.

Advisory Conclusion

Epic Tower represents an outstanding Grade B office solution in the Duy Tan area, offering a perfect balance between competitive rental rates, all-inclusive AC service charges, and LEED-certified green operations. This is an exceptional opportunity for businesses to elevate their brand presence while maintaining healthy cash flow. Contact a GRES specialist today to receive a detailed quotation, check the latest space availability, and get professional support in negotiating the most favorable lease terms.