Web3 Tower GRADE B

Building Overview

Located on Duy Tan street, Cau Giay Ward, Hanoi, Web3 Tower is a Grade B office building featuring 7 above-ground floors, 1 mezzanine, and 1 basement. With a typical floor plate of 450 sqm/floor, the building provides a highly functional workspace designed to maximize usable area for medium to large enterprises. The layout features a square, column-free design that allows tenants to optimize seating arrangements and partition functional rooms efficiently. The asking level is easier to position in a pragmatic shortlist for cost-conscious occupiers.

Location and Connectivity

The building is located at 15/4 Duy Tan, Cau Giay Ward, Hanoi, right in the heart of the bustling Duy Tan office wardt. This area boasts well-developed infrastructure and direct connections to major arterial roads in Western Hanoi, facilitating business transactions and talent recruitment.

• Duy Tan arterial road: Provides quick access to major roads such as Pham Hung, Xuan Thuy, Tran Thai Tong, and the Ring Road 3, enabling smooth travel to Nam Tu Liem, Thanh Xuan, and Tây Hồ ward.
• Hotel / Commercial Center / Cau Giay Park cluster: Located just 5-10 minutes away from Cau Giay Park and major shopping centers, offering excellent spaces for relaxation and formal client entertainment.
• Noibai International Airport: Approximately 25-30 minutes away via Vo Chi Cong street or Nhat Tan Bridge, ensuring maximum convenience for business trips and international partners.
• Surrounding amenities ecosystem: Surrounded by a dense network of major banks, restaurants, and office cafes, catering to the daily dining and financial transaction needs of employees.

Technical Specifications and Operations

To accurately assess the building's capacity to meet strict technical requirements, businesses should evaluate Web3 Tower's current M&E infrastructure checklist:

• Scale & Floor plate: 7 above-ground floors, 1 mezzanine, and 1 basement; typical floor plate of 450 sqm/floor with optimized net usable area.
• Ceiling height: Reaches a standard 2.7 m, creating an airy workspace and allowing easy installation of plaster ceilings and office lighting.
• Elevator system: Equipped with 2 high-speed Mitsubishi brand elevators, ensuring rapid vertical transportation during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing cool air evenly across the floor while optimizing energy consumption.
• Backup power: 100% capacity backup generator, ensuring uninterrupted business operations during power outages.
• Parking: 1 basement level for parking combined with the surrounding courtyard, adequately accommodating employees' motorbikes.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below is a summary of the financial parameters and commercial terms at the building, helping businesses easily calculate their total monthly operating expenses:

• Reference rent: $12 - $13 /sqm/month (rates may vary depending on the leased area and signing time).
• Service fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 100,000 VND/motorbike/month.
• Electricity fee: Actual consumption as per meter for each office.
• Overtime fee (OVT): Negotiable based on actual operational requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Web3 Tower works well for growing companies that need enough depth to separate teams and support functions. It is highly suitable for businesses in Information Technology (IT), Software Outsourcing, Fintech, or medium-sized enterprises looking to optimize rental budgets while maintaining a professional corporate image. Before signing the lease, businesses should conduct a practical on-site inspection of the following technical points:

• Floor plate efficiency: Measure the actual net usable area versus gross area to plan the exact number of workstations. Mid-to-large floor plate, generally easier to split functions while keeping the plan balanced.
• Parking capacity: Check the basement capacity during peak morning and afternoon hours to prepare alternative parking options nearby if the headcount is large.
• AC and ventilation layout: Verify the positions of the central AC diffusers to ensure that meeting room partitions do not block airflow.
• Overtime (OVT) terms: Clearly negotiate electricity costs for AC and elevator usage when working late shifts or weekends.

Advisory Conclusion

With its key advantages of highly efficient floor plates, modern M&E infrastructure, and highly competitive rental rates within the Grade B segment in the Duy Tan area, Web3 Tower stands out as a strong candidate for pragmatic occupiers. To receive a detailed quotation, updated vacant space reports, and to schedule a site visit at Web3 Tower, please contact GRES consultants for comprehensive support and commercial terms optimization.