Oriental Tower GRADE B

Building Overview

Oriental Tower is a prominent Grade B office building in Dong Da wardt, developed by BRG Group and operational since 2010. Comprising 16 stories and 2 basements, the building offers flexible workspace solutions with typical floor plates ranging from 500 sqm to 1000 sqm. This is an ideal destination for small and medium enterprises (SMEs), IT firms, financial institutions, and multinational corporations seeking a professional, cost-effective office in a bustling central business wardt.

Location and Connectivity

The building is strategically located at 324 Tay Son, Dong Da Ward, Hanoi, enjoying outstanding commercial advantages on the key arterial route connecting the historic center with the new Western urban areas.

• Tay Son arterial route: Directly connects to major streets such as Nguyen Trai, Truong Chinh, Thai Ha, and Chua Boc, facilitating seamless commuting for employees and partners.
• Lotte Mart and Mipec Tower complex: Located adjacent to major commercial centers, providing easy access to dining, entertainment, and high-end corporate hospitality services.
• Noi Bai International Airport: Approximately 40 minutes away via Ring Road 2 and Nhat Tan Bridge, ensuring convenient business travel for executives.
• Surrounding business ecosystem: Surrounded by a dense network of major banks like SeABank, BIDV, and Vietcombank, along with numerous office-friendly restaurants and cafes.

Technical Specifications and Operations

To ensure uninterrupted business operations, the technical systems at Oriental Tower are designed to high standards and undergo strict periodic maintenance:

• Scale & Floor Plate: 16 stories and 2 basements; typical floor plates of 1000 sqm/floor in the low-rise block and 500 sqm/floor in the high-rise block, allowing flexible partitioning from 50 sqm.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy working environment and allowing easy installation of technical ceilings.
• Elevator system: Equipped with 4 high-speed elevators to minimize waiting times during peak hours.
• Air conditioning system: Daikin central air conditioning system operates reliably, distributing cool air evenly across the office.
• Backup power: 100% power backup generator ensures servers and computers run continuously.
• Parking space: 2-level basement parking efficiently accommodates the motorbike and car parking needs of all staff.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The rental cost structure at the building is transparently designed, helping businesses easily plan their long-term financial budgets:

• Reference rent: $11 - $13 /sqm/month (rates may vary slightly depending on the floor and lease signing time).
• Service charge: 4.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 210,000 VND/motorbike/month.
• Car parking fee: 1,900,000 VND/car/month.
• Electricity consumption: Billed based on actual consumption via individual sub-meters.
• Overtime fee (OVT): Negotiable directly with the building management based on leased area.
• Minimum lease term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its flexible floor layout and reasonable rental costs, Oriental Tower is highly suitable for IT companies requiring continuous server operations, Financial & Banking institutions needing a busy storefront location, and fast-growing SMEs. To optimize space efficiency, tenants should consider the following practical checklist items:

• Net vs. Gross area efficiency: Carefully measure the net usable area versus the gross area to accurately calculate the actual desk capacity.
• Structural columns: Inspect the positions of concrete columns on the floor to plan partitions and meeting room layouts without blind spots.
• Parking capacity: Assess the availability of motorbike and car parking slots during morning and afternoon peak hours.
• Overtime operational costs: Clarify the pricing policy for air conditioning and lighting if your business frequently operates night shifts or weekends.

Advisory Conclusion

Oriental Tower stands out as one of the most cost-effective and high-performing Grade B office options in Dong Da wardt. The combination of a strategic commercial location, standard technical infrastructure, and competitive rental rates provides an exceptional operational advantage for businesses. Contact GRES specialists today to receive a detailed quotation, the latest vacant space updates, and to schedule a site visit completely free of charge.