SG Building GRADE C

Building Overview

Located on Dich Vong Hau Street, Cau Giay Ward, Hanoi, SG Building is one of the optimal Grade C office choices for businesses seeking professional workspaces with a reasonable budget. With a scale of 8 stories and 1 basement, the building offers a typical floor area of approximately 130 sqm/floor. This compact office model helps businesses easily control operating costs while ensuring privacy and efficiency in arranging focused workspaces.

Location and Connectivity

SG Building is situated at 5/82 Dich Vong Hau, Cau Giay Ward, Hanoi, in an area with a high concentration of professional offices and rapid commercial development.

• Pham Hung and Pham Van Dong axes: Quick connection within a 5-minute drive, facilitating convenient trade towards suburban ward and neighboring northern provinces.
• My Dinh Bus Station and Ring Road 3: Approximately 7 minutes away, optimizing the travel route for staff and partners from various areas.
• Noi Bai International Airport: About 30 minutes via Vo Chi Cong Street or Nhat Tan Bridge, ensuring seamless schedules for welcoming foreign experts and partners.
• Surrounding utility ecosystem: Surrounded by a dense network of major commercial banks, restaurants, office cafes, and neighboring office buildings on Duy Tan and Tran Thai Tong streets, fully meeting the daily needs of staff.

Technical Specifications and Operations

SG Building is equipped with synchronous infrastructure to provide a stable and safe working experience for businesses:

• Scale & Floor plate: Designed with 8 stories and 1 basement, with a typical floor area of 130 sqm/floor, optimized for small and medium-sized offices.
• Ceiling height: Reaches a standard of 2.65m, creating an airy feel for the workspace.
• Elevator system: Equipped with 1 high-speed elevator operating smoothly.
• Air conditioning system: Ceiling-mounted AC system distributing temperature evenly across the entire used area.
• Backup power: 100% capacity backup power generator, ensuring business operations are not interrupted.
• Parking: Basement parking and rear building parking lot fully meet the parking needs of employees.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The rental policy at the building is highly competitive, helping to optimize cash flow for businesses:

• Reference rent: Around $9 - $11 /sqm/month (rates may fluctuate depending on the area and lease timing).
• Service fee: Included in rent.
• VAT: 10%.
• Motorbike parking fee: 130,000 VND/vehicle/month.
• Car parking fee: 1,000,000 VND/car/month.
• Electricity consumption: Metered based on actual consumption for each office.
• Minimum lease term: Minimum 3-year lease to ensure stability for the business.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a floor area of 130 sqm/floor, the building is extremely suitable for small companies, tech startups, or representative offices needing a private, quiet, and cost-effective workspace.

• Parking lot inspection: Check the actual capacity of the basement and rear parking lot during peak hours to ensure it meets staff needs.
• Net usable area measurement: Determine the exact usable area compared to the wall-to-wall area to plan the most optimal floor layout.
• Air conditioning system: Check the cooling efficiency in blind spots of the office before setting up furniture.
• Overtime policy: Discuss clearly with the management board about potential costs if the business regularly works late or operates night shifts.

Advisory Conclusion

SG Building is a high-quality Grade C office leasing solution in the Cau Giay area, balancing a favorable commercial location and cost-effective operation. To receive the latest vacant space information and support in negotiating the best lease terms, please contact GRES specialists to arrange a quick site inspection.