Trần Gia Building GRADE C

Building Overview

Tran Gia Building is a Grade C office building featuring 8 above-ground floors and 1 basement floor, offering a typical floor plate of approximately 400 sqm. With a highly competitive rental rate in the mid-tier segment, the building delivers a clear budget optimization solution for businesses that require a central location without bearing heavy financial pressure. The relatively square floor structure helps maximize usable net lettable area (NLA), minimizing dead corners when planning workstation layouts.

Location and Connectivity

The building is located at 81A Tran Quoc Toan, Cua Nam Ward, Hanoi, situated on a quiet street yet possessing flexible connectivity to the core arterial routes of the central wardt.

• Main traffic arteries: Easily connects directly to major streets such as Ba Trieu, Tran Hung Dao, and Tran Nhan Tong, facilitating smooth transit to neighboring areas.
• Administrative and commercial hubs: Located near various government offices, major banks, and commercial transaction points, shortening the time needed for administrative procedures and client receptions.
• Noi Bai International Airport: Takes approximately 35-40 minutes via the Vo Chi Cong highway and Nhat Tan Bridge, ensuring convenient schedules for welcoming international experts.
• Surrounding amenity ecosystem: The surrounding area hosts a dense network of banks, local lunch spots, and cafes, fully meeting the daily dining and hospitality needs of office staff.

Technical Specifications and Operations

The technical infrastructure at the building is systematically equipped to ensure high operational stability for tenant businesses:

• Scale & Floor plate: Structured with 8 above-ground floors and 1 basement floor, featuring a typical floor plate of 400 sqm/floor to support flexible space division.
• Ceiling height: Reaches a standard of 2.7 m, providing the necessary ventilation for a professional office environment.
• Elevator system: Equipped with 2 high-speed ThyssenKrupp brand elevators, minimizing wait times during peak hours.
• Air conditioning system: Utilizes a semi-centralized LG brand air conditioning system, allowing independent temperature control for each office zone.
• Backup power: A backup generator meets 100% of the building's operational capacity in the event of a power grid failure.
• Parking: Arranged within 1 basement floor and the surrounding building area, effectively handling staff motorbike parking needs.
• Standard working hours: Monday - Friday from 8:00 AM - 6:00 PM, and Saturday from 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policy at the building is highly competitive and transparent, helping businesses easily plan their long-term financial budgets:

• Reference rental rate: Ranges from $12 - $13 /sqm/month (rates may vary depending on the leased area and the time of contract signing).
• Service fee: 2.3 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/vehicle/month.
• Car parking fee: Tenants actively park at nearby parking lots.
• Electricity consumption: Charged based on actual consumption recorded by individual office meters.
• Overtime fee (OVT): Subject to direct negotiation based on actual operational requirements.
• Minimum lease term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: Standard terms of a 3-month deposit and quarterly payments.

Suitable Tenant Profiles and Checks

Given its mid-sized floor plates and central location, the building is particularly well-suited to small and medium-sized enterprises (SMEs), foreign representative offices, or technology teams that need a clean, cost-efficient setup to quickly commence operations.

However, to ensure practical operational efficiency, businesses should pay attention to the following inspection points:

• Car parking efficiency: Since the building does not support in-house car parking, it is crucial to survey the distance and capacity of nearby parking lots to avoid inconvenience for executives and clients.
• Elevator traffic distribution: With 2 elevators serving 8 floors, evaluate the traffic flow during peak hours (morning arrival, lunch break) to see if it matches your company's staff density.
• Air conditioning costs: The semi-centralized LG AC system operates independently; businesses should carefully verify how electricity consumption is metered to control monthly operational costs.
• Net Lettable Area (NLA): Carefully measure the ratio of usable area to gross leased area to optimize workstation layout density.

Advisory Conclusion

Tran Gia Building at 81A Tran Quoc Toan is a pragmatic and cost-effective choice for businesses looking to position their brand in central Hanoi without committing to an excessive budget. The combination of a well-connected location and reasonable rental rates ensures the building remains on the priority shortlist for mid-sized enterprises. To receive a detailed cost comparison report and schedule a physical viewing of vacant spaces, contact a GRES specialist today for comprehensive support and to negotiate the most optimal lease terms.