Vĩnh Xuân Buiding GRADE C

Building Overview

Officially operational since 2019 by the Building Owner, Vinh Xuan Building has quickly established itself as a high-quality Grade C office building in central Hanoi. With a scale of 09 stories and 01 basement, the building offers a typical floor plate of approximately 200 sqm/floor, providing a modern and highly functional working environment for small and medium-sized enterprises. The square floor layout with minimal columns maximizes the net usable area, allowing tenants to easily arrange departments and optimize employee density per square meter.

Location and Connectivity

The building is located at the prime street front of 39 Tran Quoc Toan, Cua Nam Ward, Ha Noi, situated in the core central area with synchronous infrastructure and seamless connectivity.

• Tran Quoc Toan main route: Directly connects to key streets such as Nguyen Du, Quang Trung, Ba Trieu, and Ham Long, facilitating extremely convenient travel between central ward.
• Hotel / Commercial Center / Thien Quang Lake cluster: Located close to bustling commercial centers, Thien Quang Lake, and major hotels, creating favorable conditions for welcoming diplomatic partners and clients.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth business travel schedules for executives.
• Surrounding utility ecosystem: Surrounded by numerous major bank branches, restaurants, and office cafes, fully meeting the daily dining and reception needs of staff.

Technical Specifications and Operations

To ensure optimal operational efficiency, businesses should verify the actual technical specifications of Vinh Xuan Building through the checklist below:

• Scale & Floor plate: 09 stories and 01 basement; typical floor area of 200 sqm/floor, easily partitioned or leased as a whole floor for maximum privacy.
• Ceiling height: Reaches a standard of 2.7 m, creating a spacious environment and allowing easy installation of plaster ceilings and office lighting.
• Elevator system: Equipped with 02 high-speed ThyssenKrupp elevators, minimizing waiting times during peak hours.
• Air conditioning system: High-efficiency Toshiba central air conditioning system, ensuring even temperature distribution across the floor.
• Backup power: 100% backup power generator capacity to support all building operations in the event of a power outage.
• Parking facilities: 01 basement floor for motorbike parking, combined with nearby parking locations to solve the parking puzzle for staff and clients.
• Standard working hours: Monday - Saturday: 8:00 AM - 6:00 PM, well-suited for the administrative operations of most businesses.

Leasing Costs and Commercial Terms

The breakdown of rental costs and commercial terms at the building helps businesses easily plan their annual operational budget:

• Reference rent: $14 - $16 /sqm/month (rates may vary depending on the floor and lease timing).
• Service fee: Included in rent, simplifying the monthly payment process for tenants.
• VAT: 10%.
• Motorbike parking fee: 200,000 VND/motorbike/month.
• Car parking fee: Parked at nearby locations according to the actual rates of the parking operators.
• Electricity consumption: Actual consumption based on meter readings for each private office.
• Overtime fee (OVT): Complimentary when AC is not in use, providing maximum support for light overtime work.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a floor plate of 200 sqm/floor and a central location, the building is a good choice for small to medium-sized businesses prioritizing new, quality space, particularly IT firms, financial institutions, representative offices, or professional services requiring a quiet, independent workspace. Before signing the lease agreement, businesses should conduct an on-site survey based on the following inspection checklist:

• Verify actual usable area: Clearly determine the ratio of net usable area to gross area to accurately calculate desk layout density.
• Survey car parking: Work directly with the building management regarding nearby car parking spots, walking distance, and actual parking fees for senior executives.
• Evaluate elevator performance: Observe the traffic flow of the 2 ThyssenKrupp elevators during peak hours in the morning and at lunchtime.
• Measure noise and light levels: Check the soundproofing from Tran Quoc Toan Street and the natural light efficiency through the office windows.

Advisory Conclusion

Vinh Xuan Building is an optimal Grade C office solution in Cua Nam Ward, harmoniously combining a prime central location, new construction quality since 2019, and a competitive rental policy that includes service fees. To receive a detailed comparison report, check actual vacant spaces, and get support in negotiating the best lease terms, please contact GRES consultants immediately.