Kim Hoàn Building GRADE C

Building Overview

Planning an optimal workspace for a team of 50 to 80 staff on a single floor plate requires a meticulous balance between seating density and actual operating costs. Kim Hoan Building is a Grade C office building featuring 09 above-ground floors and 01 basement, located in the vibrant Duy Tan hub. With a typical floor plate of 465 sqm/floor, the building provides flexible layouts that are easy to partition. This is a highly pragmatic option for businesses seeking a professional working environment with a reasonable budget, minimizing monthly fixed financial pressures.

Location and Connectivity

The building is located at Lane 19 Duy Tan, Cau Giay Ward, Hanoi, situated right in the heart of the Duy Tan office wardt - the area with the highest density of technology and service enterprises in Cau Giay. The wide lane allows vehicles to move smoothly, avoiding direct traffic pressure from major streets during peak hours.

• Duy Tan, Tran Thai Tong, and Pham Hung streets: Quick connection to Ring Road 3 and neighboring ward such as Nam Tu Liem, Thanh Xuan, and Tay Ho.
• Hotels / Shopping Malls / Parks near the building: Just 3-5 minutes away from Cau Giay Park and major office buildings, facilitating convenient business transactions and partner receptions.
• Noi Bai International Airport: Approximately 30 minutes of travel via Vo Chi Cong Street or Nhat Tan Bridge, ensuring seamless business travel schedules.
• Surrounding utility ecosystem: Surrounded by a network of major transaction banks, office restaurants, and cafes serving the daily needs of employees.

Technical Specifications and Operations

To evaluate the building's technical capabilities, businesses should directly verify the following operational specifications:

• Scale & Floor plate: 09 above-ground floors and 01 basement; typical floor plate of 465 sqm/floor with flexible partitioning.
• Ceiling height: Reaches a standard of 2.7 m, creating the necessary ventilation for high-density offices.
• Elevator system: Equipped with 02 high-speed elevators, minimizing waiting times during peak hours.
• Air conditioning system: Daikin central air conditioning system, ensuring deep cooling efficiency and energy savings.
• Backup power: 100% power backup generator meets the building's operational capacity in case of power outages.
• Parking: Parking available in 01 basement floor to adequately meet the parking needs of employees 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 plan at the building is optimized thanks to the policy of including service fees in the rent, allowing tenants to easily manage cash flow:

• Reference rent: $11 - $12 /sqm/month (rates may vary depending on the leased area and leasing time).
• Service fee: Included in rent, reducing unexpected additional expenses.
• VAT: 10%.
• Motorbike parking fee: Complimentary, a major financial advantage for companies with large workforces.
• Car parking fee: 1,200,000 VND/car/month.
• Electricity consumption: Actual consumption as per meter.
• Overtime fee (OVT): Negotiable based on the actual usage needs of the tenant.
• Minimum lease term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: 3-month deposit - Quarterly payment in line with market practices.

Suitable Tenant Profiles and Checks

The building is particularly suitable for growing enterprises, technology companies, outsourcing firms, or service providers that require mid-sized floor plates to easily organize departments while optimizing fixed costs. Before signing the lease, businesses should conduct a physical survey based on the following criteria:

• Verify space efficiency: Measure the actual net usable area versus the gross area to accurately calculate the number of desks to be installed.
• Survey parking capacity during peak hours: Confirm the capacity to accommodate complimentary motorbikes and car parking spaces during early morning and late afternoon hours.
• Evaluate the AC system: Check the distribution of the Daikin central air conditioning vents when partitioning meeting rooms or private executive offices.
• Negotiate overtime fees: Clearly agree on overtime charges if the business regularly operates night shifts or works beyond standard hours.

Advisory Conclusion

Kim Hoan Building is one of the most pragmatic and economical Grade C office options in the Duy Tan area, thanks to its competitive rental rates and complimentary motorbike parking policy. To receive a detailed quotation, updated vacant space, and support in negotiating the most optimal commercial terms at this building, please contact GRES consulting specialists.