Hoàng Ngọc Building GRADE C

Building Overview

Planning an optimal workspace for 50 to 80 employees on a single floor plate requires businesses to carefully balance actual usable area against total monthly operational budgets. Hoàng Ngọc Building, a Grade C office building invested by Mai Linh Group, offers a highly effective solution to this financial puzzle. With a scale of 09 above-ground floors and 01 basement floor, the building provides a typical floor plate of up to 500 sqm/floor along with highly competitive rental rates that already include service fees, allowing businesses to easily control cash flow and minimize unexpected expenses.

Location and Connectivity

The building is located at 82 Dich Vong Hau Lane, Cau Giay Ward, Hanoi, situated in a high-density office hub with dynamic commercial growth in the West of the city.

• Duy Tan and Tran Thai Tong Arteries: Direct and rapid connection to key Western routes such as Pham Hung, Xuan Thuy, and Ton That Thuyet, minimizing travel time during peak hours.
• Parks and Administrative Hubs: Only 5-10 minutes to Cau Giay Park, My Dinh Bus Station, and the National Convention Center, facilitating external business activities.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Road and Nhat Tan Bridge, ensuring seamless travel for executive business trips.
• Surrounding Amenity Ecosystem: The neighborhood features a dense network of major banks, restaurants, and business cafes, fully catering to client receptions and daily staff needs.

Technical Specifications and Operations

The building features synchronized technical infrastructure, meeting all professional office operational standards.

• Scale & Floor Plate: Built with 9 above-ground floors and 1 basement floor, offering a typical floor plate of 500 sqm/floor with flexible partitioning options starting from 70 sqm.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy and comfortable working environment.
• Elevator System: Equipped with 2 high-speed elevators to minimize waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution across the entire floor.
• Backup Power: 100% backup power generator capacity to ensure uninterrupted business operations during power outages.
• Parking Facilities: 1 basement level and outdoor parking area accommodate both motorbikes and cars securely.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Financial terms at the building are structured to optimize cash flow and provide operational flexibility for tenants.

• Reference Rent: $12 - $13 /sqm/month (subject to change based on lease timing and area).
• Service Fee: Included in rent, helping businesses significantly reduce monthly management overheads.
• VAT: 10%.
• Motorbike Parking Fee: 70,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Actual consumption as per individual sub-meter.
• 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

Ideal for small to medium-sized enterprises seeking quality office space at a reasonable cost in Cau Giay. The 500 sqm floor plate allows for flexible layouts, optimizing space utilization for various business types. However, to maximize operational efficiency, businesses should carefully analyze the balance between costs and actual benefits.

• Floor Efficiency: Survey the net-to-gross ratio to accurately calculate desk layout density.
• Parking Capacity: Check the actual capacity of the basement and surrounding area during peak hours to ensure adequate space for staff and clients.
• Overtime Fees: Negotiate overtime (OVT) rates in detail if your business frequently operates night shifts or weekend hours.
• Air Conditioning Control: Assess the capability to adjust localized temperatures to optimize actual electricity costs.

Advisory Conclusion

Hoàng Ngọc Building represents an excellent Grade C office solution in the Cau Giay area, thanks to its competitive rental rate that already includes the service fee, allowing businesses to thoroughly optimize their operational cash flow. To receive the latest vacant area updates, detailed cost sheets, and professional lease negotiation support, contact GRES consultants today.