Sun Red River Building GRADE A

Building Overview

Located on Phan Chu Trinh Street, Cua Nam Ward, Hanoi, Sun Red River Building offers an international Grade A workspace right in the financial and diplomatic heart of the capital. Developed and directly managed by Shimizu Corporation – one of Japan's leading and most prestigious construction groups with over 200 years of history. With a scale of 15 above-ground floors and 1 basement, the building provides a typical floor plate of up to 1,200 sqm, delivering flexible and efficient spatial solutions for large-scale enterprises.

The core distinction of Sun Red River Building lies in its professional Japanese-standard management and highly advantageous ALL-IN cost policy. It is one of the few Grade A buildings in the central business wardt that bundles all service charges and air conditioning electricity into a fixed rental rate, helping businesses optimize their actual operating budgets and eliminate monthly cost fluctuations.

Location and Connectivity

The building occupies a prime street-front location at 23 Phan Chu Trinh, Cua Nam Ward, Hanoi, situated in the bustling administrative and commercial core of the city, where major financial institutions and diplomatic offices are concentrated.

• Phan Chu Trinh Street: Connects directly to key arterial routes such as Hai Ba Trung, Ly Thuong Kiet, and Tran Hung Dao, creating a dense financial business network and facilitating convenient inter-wardt travel.
• Hoan Kiem Lake and Hanoi Opera House: Just a 5-minute walk away, offering outstanding diplomatic advantages and enhancing brand prestige when welcoming international partners and clients.
• Noi Bai International Airport: Approximately 35 to 40 minutes away via Nhat Tan Bridge or Vo Chi Cong Street, ensuring seamless business travel schedules for executives.
• Surrounding Amenities: Features HSBC and Vietcombank branches right on the ground floor, alongside nearby luxury hotels and restaurants like Sofitel Legend Metropole, fully meeting corporate transaction and entertainment needs.

Technical Specifications and Operations

The technical infrastructure at Sun Red River Building is systematically designed and strictly maintained under rigorous Japanese standards to ensure maximum operational efficiency.

• Scale & Floor Plates: 15 above-ground floors and 1 basement; typical floor plate of 1,200 sqm, featuring a smart column-free design that optimizes net usable area and allows flexible workspace layouts.
• Ceiling Height: Reaches a standard of 2.7 m, optimizing natural light and fresh air circulation for the offices.
• Elevator System: Equipped with 5 high-speed elevators, intelligently zoned to minimize waiting times during peak hours.
• Air Conditioning: Modern central air conditioning system, ensuring even temperature distribution and maintaining a comfortable working environment.
• Backup Power: 100% capacity backup generator, ensuring continuous business operations during power grid failures.
• Parking: 1 basement floor, 2nd, 3rd, and half of the 4th floor, thoroughly resolving the parking challenges for both staff and visitors.
• Standard Working Hours: Monday - Saturday: 7:00 AM - 7:00 PM, a highly flexible and extended schedule suitable for businesses with overtime requirements.

Leasing Costs and Commercial Terms

Sun Red River Building applies a transparent leasing policy with a smart bundled cost model, bringing substantial economic benefits to tenants.

• Reference Rent: $30 - $32 /sqm/month (a highly competitive rate for Grade A office space in the central business wardt).
• Service Charge: Included in the rental price.
• VAT: 10%.
• Motorcycle Parking Fee: Free of charge (saving significant operational costs for businesses).
• Car Parking Fee: 4,000,000 VND/car/month.
• Electricity Usage: Included in the service charge (including air conditioning electricity during standard working hours).
• Overtime Fee: Negotiable.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is particularly suitable for multinational corporations, financial institutions, banks, technology companies, and well-established SMEs looking to assert their brand presence in the heart of Hanoi. The ALL-IN cost model makes it easy for accounting departments to control and forecast fixed monthly budgets without worrying about seasonal air conditioning electricity fluctuations.

• Verify Net Usable Area: Determine the ratio of actual usable area to gross area to plan the most efficient interior layout.
• Survey Parking Capacity at Peak Hours: Assess the actual capacity of the basement and above-ground parking floors (2nd, 3rd, half of the 4th floor) in the morning and late afternoon.
• Evaluate Elevator Performance: Experience the speed and waiting times of the 5 elevators during lunch hours or morning rush hours.
• Confirm Overtime Terms: Clarify any additional costs and billing methods for operating lighting and office equipment outside standard hours (after 7:00 PM).
• Inspect Handover Technical Infrastructure: Check the connection points for electricity, internet, and international-standard fire protection systems before commencing fit-out works.

Advisory Conclusion

Sun Red River Building is an outstanding Grade A office choice in central Hanoi, combining a prime location, Japanese operational quality by Shimizu Corporation, and an optimized ALL-IN rental policy. To receive the latest vacant space updates, detailed cost sheets, and professional negotiation support, please contact GRES specialists.