Lotus Building GRADE C

Building Overview

Featuring the LOTUS green building certification along with a scale of 10 stories and 1 basement level, Lotus Building delivers a sustainable and highly cost-effective workspace in the heart of the Duy Tan area. Completed in 2011, this Grade C office building features a typical floor plate of 500 sqm/floor, providing flexible leasing spaces that effectively address the space allocation and density optimization needs of modern businesses.

Location and Connectivity

Lotus Building is strategically located at 2 Duy Tan, Cau Giay Ward, Hanoi, right in the center of the most dynamic technology and financial hub in Western Hanoi. Duy Tan Street boasts a well-developed infrastructure with direct connections to major arterial routes, facilitating seamless business transactions and talent recruitment.

• Pham Hung - Ring Road 3 axis: Provides rapid access to Nam Tu Liem, Thanh Xuan, and neighboring northern and southern provinces.
• Cau Giay Park / Shopping Centers / Hotels: Located just 5 minutes away, offering excellent green spaces and ideal venues for hosting corporate clients.
• Noi Bai International Airport: Reachable in approximately 30 minutes 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 banks including Vietcombank on the 1st floor of the building, alongside numerous restaurants and corporate cafes.

Technical Specifications and Operations

The mechanical, electrical, and technical infrastructure at Lotus Building is comprehensively invested to ensure continuous and safe business operations:

• Scale & Floor Plate: 10 stories and 1 basement level; typical floor plate of 500 sqm/floor with minimal columns, maximizing usable net area.
• Ceiling height: Reaches a standard of 2.7 m, allowing for easy installation of acoustic ceilings and professional lighting.
• Elevator system: Equipped with 2 high-speed elevators for smooth operation, reducing wait times during peak hours.
• Air conditioning system: Modern central air conditioning system distributing cool air evenly across all working spaces.
• Backup power: 100% capacity backup generator, ensuring uninterrupted business operations during power grid failures.
• Parking: 1 basement level and surrounding area of the building, fully accommodating the motorbike and car parking needs of employees.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Leasing policies at Lotus Building are highly competitive and transparent, enabling businesses to easily plan their long-term operational budgets:

• Reference rental price: $12 -$15 /sqm/month (rates may vary depending on the leased area and lease commencement date).
• Service fee: 2 USD/sqm/month covering building management, security, and common area cleaning.
• VAT: 10%.
• Motorbike parking fee: 110,000 VND/motorbike/month.
• Car parking fee: 880,000 VND/car/month.
• Electricity consumption: Actual consumption as per individual office meters.
• Overtime fee (OVT): Negotiable depending on the scale of usage.
• Minimum lease term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its regular 500 sqm floor plate and strategic location on Duy Tan Street, Lotus Building is highly suitable for small and medium enterprises (SMEs), IT companies, software developers, and financial service firms. The flexible layout allows businesses to easily partition departments and optimize actual space efficiency. To ensure a seamless office setup, tenants should conduct a practical survey of the following checklist items:

• Net usable area efficiency: Carefully measure the net usable area versus the gross area on the contract to accurately calculate employee density.
• Peak-hour parking capacity: Survey the basement and surrounding parking areas during morning arrival and evening departure hours to evaluate capacity.
• After-hours air conditioning: Clarify the overtime (OVT) fee structure and AC operation policy if your business frequently works late shifts or weekends.
• Telecommunication infrastructure: Verify the list of internet service providers in the building to guarantee high-speed, stable connections for IT operations.

Advisory Conclusion

Lotus Building stands out as one of the finest Grade C office choices in the Duy Tan area, thanks to its sustainable LOTUS certification, highly efficient floor plates, and competitive operational costs. It perfectly balances budget constraints with a professional working environment. Contact GRES specialists today to receive the latest vacant space updates, detailed quotes, and a complimentary site survey.