Viwaseen Tower GRADE C

Building Overview

Comprising 25 above-ground floors and 2 basement levels along with a modern commercial podium, Viwaseen Tower stands out as a prominent office development in the Western gateway of Hanoi. Completed in 2018, this Grade C building offers a generous typical floor plate of 1162 sqm/floor, providing spacious workplace solutions for businesses requiring centralized operations. With its modern design and logical zoning, the building effectively addresses the need for operational cost optimization while maintaining a highly professional corporate image.

Location and Connectivity

The building is strategically located on the frontage of 48 To Huu Street, Dai Mo Ward, Hanoi, right on the arterial radial route connecting the Western region directly with the city center. This key traffic corridor hosts numerous new urban projects and modern office buildings, fostering highly favorable conditions for business transactions and talent recruitment.

• To Huu - Le Van Luong Axis: Directly connects to Ring Road 3, allowing businesses to easily commute to Thanh Xuan, Cau Giay, Nam Tu Liem, and Ha Dong ward within minutes.
• Nearby Hotels / Shopping Malls / Parks: Positioned close to the National Convention Center, Aeon Mall Ha Dong, and major urban areas, facilitating convenient partner receptions and external diplomatic events.
• Noi Bai International Airport: Approximately 35 minutes away via the elevated Ring Road 3 connecting directly to Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Utility Ecosystem: The surrounding area is densely packed with major commercial banks, diverse culinary restaurants, office cafes, and various supporting services for employees.

Technical Specifications and Operations

Before diving into details, businesses should assess the core technical standards of the building through the practical survey checklist below:

• Scale & Floor Plate: Comprising 25 above-ground floors and 2 basement levels; typical floor plate of 1162 sqm/floor, easily divisible or leasable as a whole floor to optimize workspace layout.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious feel and easy installation of technical ceilings.
• Elevator System: Equipped with 06 Hyundai brand elevators with high-speed operation, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution across the entire office area.
• Backup Power: Backup generator ensuring 100% power capacity, guaranteeing uninterrupted business operations during grid failures.
• Parking Space: Parking available across 2 basement levels and surrounding the building, offering ample space for both cars and motorbikes.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The detailed analysis of costs and commercial terms at the building helps businesses easily plan their operational budget:

• Reference Rental Price: $10 - $12 /m²/month (highly competitive in the segment, subject to variation based on leased area and timing).
• Service Fee: 1 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,400,000 VND/car/month.
• Electricity Consumption: Actual consumption as per meter for each individual office.
• Overtime Fee (OVT): Complimentary, optimizing costs for businesses that frequently work late or run night shifts.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Viwaseen Tower is a strong fit for occupiers that want a large floor plate to keep several departments on one level. The large floor plate makes it easier to plan open workspaces and meeting rooms without wasting usable area. To ensure smooth operations, businesses should conduct a physical inspection of the following aspects:

• Space Efficiency: Survey the ratio of net usable area versus gross area to accurately calculate the workstation layout.
• After-Hours Infrastructure: Confirm the specific areas eligible for complimentary overtime and options for local AC units if night shifts are frequent.
• Parking Capacity: Evaluate the actual traffic flow and parking availability in the basements and surrounding yard during morning and afternoon peak hours.
• Security and Fire Safety: Check the building's fire safety certifications and actual emergency exit routes.

Advisory Conclusion

With outstanding advantages in its frontage location on the Western arterial route, large floor plates, and highly favorable complimentary overtime policy, Viwaseen Tower is an optimal choice for businesses seeking high-quality office space on a reasonable budget. The asking level is easier to position in a pragmatic shortlist for cost-conscious occupiers. Contact GRES specialists today to receive the latest vacant area updates and enjoy a completely free site inspection.