Việt Phát Tower GRADE C

Building Overview

Planning an optimal workspace for a team of 40 to 50 employees on a single office floor requires a strict balance between seating density and actual operating costs. Viet Phat Tower, a Grade C office building situated in a prime central location, offers flexible floor plans that effectively address space allocation challenges for businesses.

With a scale of 12 above-ground floors and 1 basement level, the building features a typical floor plate of 400 sqm. This is an ideal specification for designing open-plan offices, minimizing dead space, and optimizing interior fit-out costs per square meter.

Location and Connectivity

The building is located at the prime front address of 2 Tran Hung Dao, Cua Nam Ward, Hanoi, a bustling central street with synchronous transport infrastructure and outstanding commercial connectivity.

• Tran Hung Dao main axis: Directly connects to key arterial routes in the city center, facilitating easy commuting and business transactions.
• Hoan Kiem Lake and Opera House cluster: Only a 5-minute drive away, offering significant diplomatic advantages when hosting VIP clients and partners.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless international business trips.
• Surrounding amenities ecosystem: Surrounded by major bank branches, restaurants, and office cafes, fully meeting the daily hospitality and lifestyle needs of enterprises.

Technical Specifications and Operations

The technical infrastructure at the building is systematically invested to ensure continuous operational efficiency for businesses:

• Scale & Floor plate: 12 above-ground floors and 1 basement level with a typical floor area of 400 sqm/floor, easily divisible into various flexible sizes.
• Ceiling height: Reaches a standard of 2.7 m, creating a well-ventilated and comfortable working environment.
• Elevator system: Equipped with 3 high-speed ThyssenKrupp elevators, minimizing waiting times during peak hours.
• Air conditioning system: Central Chiller brand air conditioning system, distributing temperature evenly across the floor.
• Backup power: 100% capacity backup generator, ensuring uninterrupted business operations during power outages.
• Parking: 1 basement level and surrounding premises accommodate the parking needs of both motorbikes and cars for staff and clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The financial policy at the building is highly competitive, particularly advantageous due to the integrated operational cost structure that optimizes monthly cash flow:

• Reference rental price: Applied flexibly based on the leased area and contract term of the enterprise.
• Service fee: 4 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 300,000 VND/vehicle/month.
• Car parking fee: 2,500,000 VND/car/month (Parking near the building).
• Electricity consumption: Air conditioning electricity is already included in the service charge, saving significant operating costs during summer.
• Overtime fee (OVT): Negotiable based on the actual needs of the business.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring stability for long-term cash flow.

Suitable Tenant Profiles and Checks

With the advantage of a spacious 400 sqm floor plate and minimal columns, the building is highly suitable for medium to large enterprises in Finance, Technology, Logistics, or foreign representative offices looking to optimize seating density.

• Check car parking: Due to the high traffic density in the central area, businesses should carefully survey the car parking locations near the building to ensure convenience for executives and partners.
• Measure net usable area: It is essential to measure the actual net usable area versus the gross area to plan the exact desk layout.
• Negotiate overtime fees: For companies with late-night shifts or 24/7 operations, detailed overtime fee negotiations should be finalized during the contract stage.
• Evaluate AC capacity: Physically inspect the central Chiller AC vents to ensure meeting rooms or executive offices do not experience uneven cooling.

Advisory Conclusion

Viet Phat Tower delivers an optimal central office solution with highly reasonable operating costs, thanks to the inclusion of AC electricity in the service charge. This is a strategic choice that helps businesses establish a prestigious brand presence in Hoan Kiem wardt while strictly controlling their operational budget. Contact GRES today to receive in-depth analysis, price comparisons, and a complimentary site survey.