HITC Building GRADE B

Building Overview

Under the market analysis perspective of GRES specialists, HITC Building at 239 Xuan Thuy stands as one of the veteran Grade B+ office landmarks in the Cau Giay area, offering an exceptionally attractive cost-optimization solution for large-scale enterprises. Rising 09 above-ground floors with an expansive typical floor plate of 2,500 sqm/floor, the building provides spacious workspaces that maximize actual space utilization efficiency and reduce initial capital expenditure per employee. The combination of LEED and EDGE green certifications with professional management by the Building Owner ensures outstanding operational performance. For businesses looking to tightly control fixed budgets while maintaining an international-standard working environment, this represents a smart cash flow allocation strategy.

Location and Connectivity

The building is prominently located at 239 Xuan Thuy, Cau Giay Ward, Hanoi, right on the arterial route connecting the western gateway with central ward and surrounding industrial zones. This is a bustling commercial area, home to numerous financial institutions and a high-quality workforce from nearby major universities.

• Xuan Thuy - Cau Giay Axis: Directly connects to key traffic routes such as Pham Van Dong, Pham Hung, and Ring Road 3, facilitating quick travel to neighboring ward.
• Hotel / Mall / Park Complexes: Only 5-10 minutes away from major shopping centers, parks, and premium service venues, ideal for hosting corporate guests and partners.
• Noi Bai International Airport: Conveniently accessible within approximately 30 minutes via Pham Van Dong Road and Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Utility Ecosystem: Surrounded by a network of major banks such as Vietcombank, BIDV, Techcombank, along with various restaurants and office cafes, fully meeting the daily transaction and living needs of employees.

Technical Specifications and Operations

Below are the detailed technical specifications that directly impact the daily operational efficiency of businesses at the building:

• Scale & Floor Plate: Features 09 above-ground floors with a typical floor plate of 2,500 sqm, allowing flexible space division and optimal actual layout efficiency.
• Ceiling Height: Reaches a standard 2.7 m, creating an airy environment and facilitating the installation of standard drop-ceiling technical systems.
• Elevator System: Equipped with 04 Fujitec elevators and 02 Fujitec escalators, ensuring rapid vertical transportation during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing cool air evenly and optimizing energy consumption.
• Backup Power: 100% backup power generator, ensuring uninterrupted business operations.
• Parking Space: A 03-story parking facility and surrounding areas, thoroughly addressing the parking needs of a large workforce and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 1:00 PM.

Leasing Costs and Commercial Terms

To assist businesses in balancing cash flow and planning long-term financial budgets, GRES provides a detailed breakdown of rental costs and commercial terms at the building:

• Reference Rent: $17 /sqm/month (a highly competitive rate for a Grade B+ building with large floor plates).
• Service Fee: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 160,000 VND/motorbike/month.
• Car Parking Fee: 1,800,000 VND/car/month.
• Electricity Consumption: Charged based on actual consumption via individual meters.
• Overtime Fee (OVT): Negotiable depending on leased area and actual usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, helping businesses actively manage their working capital.

Suitable Tenant Profiles and Checks

With its exceptionally large floor plate of 2,500 sqm and LEED/EDGE green certifications, HITC Building is an ideal choice for multinational corporations, large-scale technology firms, financial institutions, or training centers seeking a centralized, sustainable, and cost-effective workspace.

• Verify net usable area: Determine the ratio of actual usable area to wall-to-wall area to accurately calculate staff density per square meter.
• Assess HVAC efficiency: Survey actual cooling costs based on the central air conditioning system to budget monthly operational expenses.
• Evaluate peak-hour parking: Assess the actual capacity of the 3-story parking facility during morning arrival and evening departure hours.
• Negotiate overtime fees: Clarify OVT charges if your business frequently operates night shifts or works outside standard hours.
• Inspect technical infrastructure: Ensure the Fujitec elevator and escalator systems operate smoothly to handle high traffic volumes.

Advisory Conclusion

HITC Building offers an optimal financial solution for businesses seeking large-scale Grade B+ office space in Cau Giay wardt. The combination of spacious floor plates, synchronous technical infrastructure, and reasonable operating costs helps enterprises protect their cash flow effectively. Contact GRES specialists today to receive a detailed quotation, updated vacant space listings, and support for a completely free site survey.