Thai Nam Building GRADE B

Building Overview

Located in the new administrative center of the West, Thai Nam Building is a Grade B+ office building featuring 21 above-ground floors and 3 basement levels, invested by Hop Thanh Investment and Mineral Joint Stock Company and managed by Savills Vietnam. With a typical floor plate of up to 1,650 sqm, the building offers spacious, square, and highly efficient workspaces. This is a high-quality office solution that meets the strict technical standards of large enterprises while ensuring the optimization of monthly operational budgets.

Location and Connectivity

Situated on Duong Dinh Nghe Street, Cau Giay Ward, Hanoi, Thai Nam Building occupies a prominent frontage on a backbone route connecting Cau Giay wardt with key economic zones in Western Hanoi.

• Duong Dinh Nghe main route: Directly connects to major arteries such as Pham Hung, Ring Road 3, and Tran Duy Hưng, enabling rapid travel to neighboring provinces and inner-city ward.
• Keangnam Landmark 72 Complex: Located just 3 minutes away, providing excellent convenience for hosting corporate guests, diplomatic activities, and large-scale events.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for executive business trips.
• Surrounding utility ecosystem: Surrounded by a dense network of major commercial banks, restaurants, and office-friendly cafes within a 500-meter radius, fully serving the daily needs of employees.

Technical Specifications and Operations

Thai Nam Building is comprehensively equipped with modern technical infrastructure to ensure the highest operational efficiency for tenants.

• Scale & Floor plates: Comprises 21 above-ground floors and 3 basement levels, with a typical floor plate of 1,650 sqm designed with minimal columns to maximize desk density and layout flexibility.
• Ceiling height: Reaches a professional standard of 2.7 m, creating an airy working environment and facilitating the installation of technical ceiling systems.
• Elevator system: Equipped with 06 high-speed passenger elevators and 01 service elevator by Mitsubishi, minimizing waiting times during peak hours.
• Air conditioning system: Daikin VRV central two-way air conditioning system, maintaining stable temperatures and optimizing energy efficiency.
• Backup power: 100% backup power generator, ensuring uninterrupted business operations during grid failures.
• Parking space: 3 spacious basement levels managed by a smart card system, fully meeting the parking needs of both motorbikes and cars.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Positioned in the Grade B+ segment, the building offers competitive rental rates and commercial terms, helping businesses proactively manage their long-term cash flow.

• Reference rental price: $20 - $22 /sqm/month (subject to minor fluctuations depending on the leased area and lease commencement date).
• Service fee: 4 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 100,000 VND/motorbike/month.
• Car parking fee: 1,500,000 VND/car/month.
• Electricity consumption: Central air conditioning electricity is included in the service charge, helping businesses significantly reduce monthly utility bills.
• Overtime fee (OVT): Negotiable based on the actual operational requirements of the tenant.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring financial stability for corporate tenants.

Suitable Tenant Profiles and Checks

With the advantage of large floor plates of up to 1,650 sqm and air conditioning electricity included in the service charge, Thai Nam Building is an ideal choice for IT companies, training centers, and multinational corporations looking to consolidate their operations on a single floor to enhance internal collaboration.

• Net vs. Gross area ratio: It is essential to measure the actual usable area (net) compared to the gross area to plan an accurate interior design layout.
• Parking capacity: Verify the actual allocation of motorbike and car parking spaces based on the leased area to ensure it meets the needs of a large workforce.
• Overtime charges (OVT): Negotiate detailed terms for overtime operations if the business regularly runs night shifts or weekend operations.
• Floor partition options: Identify the exact locations of load-bearing columns and technical shafts to optimize the division of departments, meeting rooms, and pantry areas.

Advisory Conclusion

Thai Nam Building stands out as one of the Grade B+ office buildings with the most competitive financial policies in Cau Giay, thanks to its inclusive AC electricity charge and highly efficient floor plate design. To receive a detailed operational cost projection and to schedule a viewing of the latest vacant spaces, contact GRES consultants today for comprehensive support and the most favorable lease negotiations.