Hanoi Tower GRADE A

Building Overview

Boasting LEED and Green Mark certifications alongside a scale of 2 towers with 14-18 above-ground floors and 2 basement floors, Hanoi Tower stands as a long-standing Grade A office icon in the heart of the capital. Completed in 1998 under the investment of Hanoi Center Tower Co., Ltd., the building maintains its strong appeal through superior construction quality and continuous upgrades to its technical infrastructure.

When compared to newly built office buildings in the Western ward, Hanoi Tower offers superior brand positioning for enterprises thanks to its long-standing prestige and irreplaceable location in the old central area. With a typical floor plate of 800 sqm/floor, the building provides a highly professional working environment that meets the strict standards of multinational corporations and major financial institutions.

Location and Connectivity

Located at the prime frontage of 49 Hai Ba Trung Street, Cua Nam Ward, Hanoi, the building possesses outstanding commercial advantages right at the bustling intersection of the capital's center. This area serves as a junction between the old administrative center and key traffic hubs, helping businesses easily assert their brand prestige.

• Hai Ba Trung traffic axis: Directly and quickly connects to major streets such as Ba Trieu, Trang Thi, Quang Trung, Hang Bai, Ngo Quyen, Quan Su, and Phan Boi Chau, forming a seamless inter-wardt transportation network.
• Hoan Kiem Lake and Hanoi Railway Station: Just a few minutes' walk to Hoan Kiem Lake and about 10 minutes to Hanoi Railway Station, providing an exceptional diplomatic advantage when welcoming domestic and international partners.
• Noi Bai International Airport: Conveniently accessible within 35 to 40 minutes via Nhat Tan Bridge / Vo Chi Cong Street, optimizing schedules for long-distance business trips of the board of directors.
• Surrounding utility ecosystem: Features an on-site OceanBank branch on the 1st floor, Jaspas restaurant on the 4th floor, and a bustling shopping center within the complex, fully meeting daily transaction and hospitality needs.

Technical Specifications and Operations

Hanoi Tower is equipped with synchronous technical infrastructure and professional operational services managed directly by the Developer:

• Scale & Floor Plate: Consists of 2 towers with 14-18 above-ground floors and 2 basement floors; typical floor plate of 800 sqm/floor, designed squarely to optimize actual usable space.
• Ceiling Height: Reaches a standard of 2.7 m, creating a well-ventilated working environment and easing the installation of technical ceilings.
• Elevator System: Equipped with 6 high-speed elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even distribution of cool air throughout the office.
• Backup Power: 100% capacity backup generator, ensuring business operations run uninterrupted.
• Parking Area: 2 basement levels and an auxiliary parking area, effectively resolving parking issues for staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

The commercial terms at the building are clearly structured, providing businesses with proactive budget planning:

• Reference Rental Price: $25 - $28 /sqm/month (highly competitive for a Grade A office in the city center).
• Service Charge: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 3,000,000 VND/car/month.
• Electricity Consumption: Included in the service charge (for central AC), helping businesses save significant operational costs.
• Overtime Fee (OVT): Free of charge when AC is not used.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Hanoi Tower is an ideal choice for multinational corporations, financial institutions, banks, and non-governmental organizations requiring a prestigious, long-standing address in the old central area. However, since the building was completed in 1998, businesses should carefully weigh its reasonable rental rates against newer buildings to make the best decision for their budget and brand positioning.

• Net Usable Area Efficiency: Inspect the actual net usable area versus the gross area to optimize desk layout plans.
• Overtime AC Policies: Double-check the terms and costs of operating the AC system if your company frequently works outside standard hours.
• Parking Capacity: Assess the actual capacity for car and motorbike parking during morning and afternoon peak hours.
• Technical Infrastructure: Verify the compatibility of network cabling and backup power with your company's specialized equipment.

Advisory Conclusion

Hanoi Tower continues to assert the sustainable value of a Grade A office icon in central Hanoi thanks to its prime location, prestigious green certification, and flexible leasing policies. To receive a detailed quotation, update the latest vacant areas, and arrange a physical site inspection at the building, please contact the leasing specialists at GRES immediately.