Viet Dragon Building GRADE C

Building Overview

Viet Dragon Building is a compact Grade C office building consisting of 9 above-ground floors and 1 basement level, located in the bustling Duy Tan area. With a typical floor plate of 150 sqm, the building offers flexible leasing options for full floors or split spaces, helping businesses optimize their cash flow through highly competitive rental rates and efficient, column-free layouts that are easy to partition.

Location and Connectivity

The building is situated at a corner location with two frontages at 11 Duy Tan Lane, Cau Giay Ward, Hanoi, in the heart of the most concentrated office hub in Cau Giay wardt.

• Duy Tan - Pham Hung Road Axis: Provides quick access to Ring Road 3, facilitating convenient travel to Nam Tu Liem, Thanh Xuan, and Bac Tu Liem ward.
• Keangnam Landmark 72 / My Dinh Bus Station: Located within a 5 to 10-minute drive, offering easy access to major commercial centers and the National Convention Center, which is highly advantageous for business transactions and client hosting.
• Noi Bai International Airport: Approximately a 30-minute drive via Vo Chi Cong Street or Pham Van Dong - Thang Long Bridge.
• Surrounding Amenities Ecosystem: Surrounded by numerous major bank branches such as Techcombank, Vietcombank, BIDV, along with a rich variety of restaurants and cafes catering to office workers.

Technical Specifications and Operations

Viet Dragon Building is equipped with standard technical infrastructure to ensure continuous operational efficiency for tenants.

• Scale & Floor Plate: 09 above-ground floors and 01 basement level; typical floor plate of 150 sqm, designed to maximize net usable area.
• Ceiling Height: Reaches a standard of 2.7 m, creating a bright and airy working environment.
• Elevator System: Equipped with 01 high-speed elevator for smooth vertical transit.
• Air Conditioning System: Modern central air conditioning system ensuring even temperature distribution.
• Backup Power: Backup generator providing 100% power capacity during grid failures.
• Parking: 01 basement level for parking combined with surrounding areas to accommodate motorbikes and cars.
• Standard Working Hours: Monday - Friday: 7:30 AM - 6:00 PM, Saturday: 7:30 AM - 12:00 PM.

Leasing Costs and Commercial Terms

With a focus on budget optimization for tenants, the building offers highly competitive rental rates and clear commercial terms.

• Reference Rent: $10 - $12 /sqm/month (Subject to change based on leased area and lease commencement date).
• Service Fee: Included in rent, allowing businesses to easily manage fixed monthly overheads.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/vehicle/month.
• Car Parking Fee: Parking available at the adjacent lot.
• Electricity Consumption: Charged based on actual consumption as per individual meters.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is an excellent choice for startups, representative offices, and small-to-medium IT companies seeking an independent workspace with low operating costs in the Duy Tan technology hub.

• Actual Staff Density: The 150sqm floor plan is easy to optimize, creating a private and efficient workspace; businesses should plan furniture layouts carefully to maintain comfort.
• Car Parking Solutions: Since car parking is located at the adjacent lot, tenants should verify the capacity and actual rates beforehand to accommodate management and clients.
• Central AC Control: Check the temperature control capabilities in specific zones to ensure maximum comfort for employees.

Advisory Conclusion

Viet Dragon Building offers an outstanding financial solution for businesses seeking office space in the Duy Tan area with reasonable costs and high floor-use efficiency. To receive a detailed report on available spaces and to secure the best lease terms, contact a GRES specialist today for comprehensive advice and to schedule a site visit.