IDMC Mỹ Đình 1 Building GRADE C

Building Overview

From the independent market perspective of GRES experts, IDMC My Dinh 1 Building (formerly known as Toyota My Dinh) in the Western area of Hanoi holds a significant competitive advantage in terms of floor plate size and operational costs. Designed as a professional Grade C office building with 6 stories, the property offers an exceptional typical floor plate of up to 2,000 sqm. This rare feature in this segment allows large-scale enterprises to optimize their workspace on a single floor, minimizing departmental fragmentation and significantly enhancing internal communication efficiency.

Location and Connectivity

The building is strategically situated with dual frontages at 15 Pham Hung, Cau Giay Ward, Hanoi, right at the vital intersection connecting Pham Hung and Ton That Thuyet streets. This is the core economic hub of the Western capital, characterized by a high density of modern office towers and a comprehensive regional transport infrastructure.

• Pham Hung - Ring Road 3 Axis: Enables businesses to quickly commute to neighboring ward such as Thanh Xuan, Nam Tu Liem, and Cau Giay, while providing direct access to northern and southern industrial provinces.
• My Dinh Bus Station: Located directly opposite the building, offering exceptional convenience for employees using public transit and facilitating inter-provincial business transactions.
• Noi Bai International Airport: Only a 30-minute drive via Nhat Tan Bridge or Vo Chi Cong Street, optimizing travel time for foreign experts and business trips.
• Surrounding Utility Ecosystem: Surrounded by major banks, commercial centers, restaurants, and corporate cafes, fully meeting the dining, entertainment, and client hosting needs of tenants.

Technical Specifications and Operations

To assist businesses in evaluating the technical compatibility of the building before official operations, GRES experts have compiled the core specifications below:

• Scale & Floor Plate: Comprises 6 above-ground floors; typical floor plate reaches 2,000 sqm/floor, allowing flexible partitioning or leasing of large column-free spaces.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring ample natural light and seamless installation of aesthetic plaster ceilings.
• Elevator System: Equipped with 2 high-speed Mitsubishi passenger elevators and 1 dedicated service elevator with a massive capacity of 3,000 kg, efficiently handling heavy freight and peak-hour traffic.
• Air Conditioning System: Central and semi-central air conditioning system (Hitachi, General), distributing cool air evenly across the workspace.
• Backup Power: Powered by two 1,300KVA generators ensuring 100% capacity backup, operating 24/7 during power grid failures.
• Parking Area: Spacious parking spaces located at the front and rear of the building, fully accommodating the car and motorbike parking needs of staff and visitors.
• Standard Working Hours: Monday to Saturday (7:30 AM - 5:30 PM), featuring complimentary overtime usage for tenants.

Leasing Costs and Commercial Terms

Below is a detailed breakdown of rental rates and commercial terms applied at the building, helping businesses plan their operational budget accurately:

• Reference Rent: $9 - $10 /sqm/month (highly competitive in the area, subject to change based on leased area and lease timing).
• Service Fee: 3 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 250,000 VND/motorbike/month.
• Car Parking Fee: 2,300,000 VND/car/month.
• Electricity Charges: Charged based on actual consumption via individual office meters.
• Overtime Fee (OVT): Negotiable depending on the actual operational requirements of the business.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its massive floor plate of 2,000 sqm and highly cost-effective rental rates, IDMC My Dinh 1 Building is an ideal choice for large-scale enterprises, technology firms, training centers, or logistics companies requiring centralized workspaces and ample parking in the My Dinh area.

• Verify usable area efficiency: Carefully measure the net usable area versus the gross area to accurately calculate the desk density and layout.
• Inspect parking capacity during peak hours: Assess the actual capacity of the rear parking area during morning arrival times to ensure convenience for employees.
• Confirm overtime policies: Clarify the conditions for complimentary overtime usage versus standard AC operational fees outside official hours.
• Evaluate service elevator capacity: Test the actual load and dimensions of the 3,000 kg service elevator if your business frequently moves heavy equipment.

Advisory Conclusion

IDMC My Dinh 1 Building stands out as an excellent real estate solution for enterprises seeking large-scale office spaces with optimized budgets in Hanoi's Western economic corridor. The combination of a prime Pham Hung frontage, a rare 2,000 sqm floor plate, and flexible overtime policies delivers outstanding economic efficiency. Contact GRES experts today to receive a detailed quotation, updated vacant areas, and schedule a site visit completely free of charge.