Mitec Tower GRADE C

Building Overview

Planning an optimal workspace for a team of 50 to 80 employees on a single floor plate always requires a strict balance between rental costs and actual space efficiency. Mitec Tower, a Grade C office building completed in 2013 and developed by the Joint Stock Company for Applied Science and Technology, is the practical answer to this challenge. Comprising 11 above-ground floors and 01 basement, the building offers a typical floor plate of 620 sqm, delivering superior space utilization efficiency compared to other buildings in the same segment.

In terms of financial balance, Mitec Tower possesses a major competitive advantage thanks to its highly reasonable rental rates and low service fees, helping businesses optimize their fixed monthly cash flow while maintaining a professional working environment.

Location and Connectivity

Mitec Tower is located on the frontage of Duong Dinh Nghe, Cau Giay Ward, Hanoi, right at the heart of the dynamic urban and technology development hub in West Hanoi. This is a spacious street directly connected to key arterial routes with synchronous infrastructure, minimizing peak-hour traffic congestion for employees.

• Duong Dinh Nghe - Pham Hung - Ring Road 3 Axis: Enables businesses to commute quickly to neighboring ward such as Nam Tu Liem, Thanh Xuan, Ba Dinh and easily connect to northern provinces.
• Keangnam Landmark Hanoi Complex / Shopping Mall / Park: Just a 3-minute drive away, facilitating diplomatic meetings, conferences, and enhancing the company's brand prestige.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street or Nhat Tan Bridge, optimizing travel time for executives and foreign experts.
• Surrounding Utility Ecosystem: Gathers a network of major bank branches (Techcombank, Vietcombank), large office buildings like PVI Tower, and a rich variety of office-supporting restaurants and cafes nearby.

Technical Specifications and Operations

Mitec Tower is comprehensively invested in technical infrastructure to ensure maximum continuity and safety for business operations:

• Quy mô & Mặt bằng sàn: Comprising 11 above-ground floors and 01 basement, typical floor plate of 620 sqm/floor with a square, column-free design, optimizing net usable area and allowing flexible department layouts.
• Chiều cao trần: Reaches a standard of 2.7 m, creating a well-ventilated workspace and facilitating the installation of technical ceilings.
• Hệ thống thang máy: Equipped with 02 high-speed elevators, ensuring rapid vertical transit during peak morning and afternoon hours.
• Hệ thống điều hòa: Modern central air conditioning system, distributing temperature evenly and saving energy.
• Điện dự phòng: Backup generator ensuring 100% power supply, preventing business disruptions during power grid failures.
• Bãi đỗ xe: 01 basement level and outdoor parking surrounding the building, fully meeting the parking needs of staff and visiting clients.
• Giờ làm việc tiêu chuẩn: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

The commercial terms at the building are flexibly structured, offering an optimal advantage for fixed cost management:

• Giá thuê tham khảo: $10 - $11 /sqm/month (highly competitive in the area, subject to change based on leased area and signing time).
• Phí dịch vụ: 3 USD/sqm/month.
• Thuế VAT: 10%.
• Phí gửi xe máy: 110,000 VND/motorbike/month.
• Phí gửi ô tô: 1,200,000 VND/car/month.
• Tiền điện sử dụng: Actual consumption as per individual office meters.
• Phí làm ngoài giờ (Overtime): Negotiable based on the actual operational needs of the business.
• Thời hạn thuê tối thiểu: Minimum 3-year lease to ensure operational stability.
• Đặt cọc & Thanh toán: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a square 620 sqm floor plate and highly reasonable rental costs, Mitec Tower is an ideal destination for companies in Information Technology (IT), software development, service sectors, mid-sized startups, and SMEs looking for a professional workspace to establish their brand in the Cau Giay area. However, to ensure a perfect operational plan, businesses should pay attention to the following practical points:

• Hiệu suất sử dụng diện tích: Carefully measure the actual net usable area versus the gross area in the contract to optimize desk layout density.
• Sức chứa bãi xe giờ cao điểm: Physically survey the parking capacity surrounding the building during peak hours to proactively arrange parking for additional staff.
• Chi phí sử dụng ngoài giờ (OVT): Negotiate overtime fees in detail if the company frequently has night-shift staff or operates server systems continuously.
• Công suất hệ thống điều hòa: Verify cooling capacity in deep corners or large meeting rooms to plan for additional ventilation fans if necessary.

Advisory Conclusion

Mitec Tower is an excellent Grade C office solution in the Cau Giay area, perfectly balancing optimized operating costs and a strategic commercial location. To receive a detailed quotation, the latest vacant space updates, and to schedule a site visit at Mitec Tower, please contact GRES consultants immediately for the most comprehensive and professional support.