Vapa Building GRADE C

Building Overview

Located in the prominent office hub of Cau Giay wardt, Vapa Building is a Grade C office building distinguished by its LOTUS green building certification. Comprising 09 stories and 01 basement level, the building offers highly flexible office spaces designed to optimize energy efficiency and reduce actual operational costs for tenants. The column-free floor layout maximizes usable area, eliminating dead corners and reducing space loss.

Location and Connectivity

Situated in Lane 3, Ton That Thuyet, Cau Giay Ward, Hanoi, Vapa Building offers convenient connectivity within an area dense with administrative offices and high-tech enterprises. Although not directly facing the main street, the wide lane ensures smooth vehicle access and avoids heavy traffic congestion during peak hours.

• Ton That Thuyet - Tran Thai Tong - Pham Van Bach Axis: Provides quick access to major Western arterial routes such as Pham Hung and Ring Road 3, facilitating easy transit to neighboring ward.
• Administrative and Commercial Clusters: Close to the Ministry of Natural Resources and Environment, the Directorate for Roads of Vietnam, and the High People's Court in Hanoi, streamlining regular administrative transactions.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong or Pham Van Dong - Thang Long Bridge, ensuring seamless schedules for welcoming international partners.
• Surrounding Amenity Ecosystem: Surrounded by a dense network of transaction banks, restaurants, cafes, and essential office services, fully meeting the daily needs of employees.

Technical Specifications and Operations

To assist businesses in evaluating the infrastructure quality before signing a lease, here is a practical technical checklist corresponding to the building's operational parameters:

• Scale & Floor Plate: 09 stories and 01 basement level; typical floor plate of 400 sqm/floor, designed to optimize actual usable space.
• Ceiling Height: Standard 2.7 m, providing an airy environment and facilitating the installation of technical ceilings and lighting systems.
• Elevator System: Equipped with 01 high-speed elevator, ensuring stable vertical transit during working hours.
• Air Conditioning System: Utilizes an individual air conditioning system, allowing departments to actively adjust temperatures based on actual usage, preventing energy waste.
• Backup Power: 100% backup power generator, ensuring uninterrupted business operations during power grid failures.
• Parking Area: 01 basement level and outdoor parking around the building, accommodating the motorbike and car parking needs of staff and visitors.
• Standard Working Hours: Monday - Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM), matching standard administrative operations.

Leasing Costs and Commercial Terms

The financial parameters and lease conditions at the building are clearly defined, providing a solid basis for long-term operational budget planning:

• Reference Rent: $8 - $10 /sqm/month (subject to change depending on leased area and lease timing).
• Service Fee: 1 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,000,000 VND/car/month.
• Electricity Fee: Actual metered consumption for each individual office.
• Overtime Fee (OVT): Negotiable based on the actual operational requirements of the business.
• Minimum Lease Term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit - Quarterly payment in line with market standards.

Suitable Tenant Profiles and Checks

Vapa Building is particularly suitable for small and medium-sized enterprises (SMEs), technology firms, service providers, or companies prioritizing cost-efficient rentals in Cau Giay while requiring a LOTUS green-certified, eco-friendly workspace. When conducting a physical site survey, businesses should focus on inspecting the following items:

• Elevator Efficiency during Peak Hours: Evaluate the wait time for the single elevator in the morning and evening to plan flexible working hours if necessary.
• Column-Free Floor Layout: Measure the actual usable area versus the gross area to design the most optimal desk layout for the projected headcount.
• Individual AC Capacity: Check the installation locations of outdoor units and ensure even cooling across all office corners, especially in high-density areas.
• Parking Capacity: Clarify the number of fixed motorbike and car parking slots allocated based on the leased area to arrange alternative parking if headcount expands.

Advisory Conclusion

Vapa Building is a practical and economical Grade C office solution in the Cau Giay area, highlighted by its LOTUS certification which helps businesses build a sustainable brand image. The combination of competitive rental rates and stable basic technical infrastructure offers an optimal cash flow advantage for growing enterprises. Contact a GRES specialist today to receive a detailed quote, check real-time vacancy, and schedule a physical tour of the building.