Tòa nhà 189 Hoàng Cầu GRADE C

Building Overview

Located on Hoang Cau Street, Dong Da Ward, Hanoi, 189 Hoang Cau Building offers an optimal leasing solution for businesses seeking high-quality Grade C office spaces. Comprising 8 above-ground floors and 1 basement, the building focuses on delivering a highly functional and efficient working environment with a square, column-free layout that maximizes the actual net usable area for tenants.

Location and Connectivity

The building is situated at 189 Hoang Cau, Dong Da Ward, Hanoi, right on a major traffic axis connecting the central ward directly with the western area of the city.

• Hoang Cau - Thai Ha - Yen Lang traffic axis: Enables quick and easy transit to Ba Dinh, Cau Giay, and Thanh Xuan ward via major intersections and the Cat Linh - Ha Dong elevated railway system.
• Dong Da Lake and administrative agencies: Located just 350m from Dong Da Lake, providing a fresh atmosphere, and close to the local Tax Department and wardt People's Committee, facilitating administrative and legal transactions.
• Noi Bai International Airport: Takes approximately 40 minutes via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless connectivity for business trips.
• Surrounding utility ecosystem: Surrounded by major bank branches such as VIB, MB Bank, Techcombank, along with a diverse network of restaurants and office cafes, perfectly serving business reception and daily staff needs.

Technical Specifications and Operations

The technical infrastructure at the building is synchronously invested to ensure maximum continuity and safety for business operations:

• Scale & Floor plate: Comprising 8 above-ground floors and 1 basement; typical floor plate is 234 sqm/floor, allowing flexible subdivision from small areas to full-floor leases.
• Ceiling height: Reaches a standard of 2.7 m, providing an airy workspace and facilitating the installation of plaster ceilings and office lighting systems.
• Elevator system: Equipped with 2 high-speed elevators, operating smoothly to minimize waiting times during peak hours.
• Air conditioning system: Utilizes a modern central air conditioning system, distributing temperature evenly across all leased areas.
• Backup power: Equipped with a backup generator system that meets 100% of the building's operational capacity during power grid failures.
• Parking space: 1 basement level for parking along with the surrounding area satisfies the parking needs of both employees and partners.
• Standard working hours: Monday - Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

The leasing policy at the building is designed to be highly flexible, matching the optimized budget of various business groups:

• Reference rental price: Approximately $9 - $10 /sqm/month (rates may vary depending on the leased area and lease signing time).
• Service fee: 1.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Electricity consumption: Charged based on actual consumption as per individual office meters.
• Overtime fee (OVT): Negotiable based on the specific operational needs of the business.
• Minimum lease term: Minimum 3-year lease to ensure stability for business planning.
• Deposit & Payment: 3-month deposit with flexible quarterly payments.

Suitable Tenant Profiles and Checks

With a typical floor plate of 234 sqm that is easily subdivided and optimized for functionality, the building is an ideal choice for small and medium enterprises (SMEs), technology firms, service providers, or representative offices looking for a central location at a reasonable cost. When conducting a physical site survey, businesses should pay attention to the following points:

• Net vs. Gross area ratio: Physically measure the actual usable area (net) compared to the gross area to optimize the desk layout plan.
• Parking capacity: Assess the building's ability to accommodate the volume of motorbikes during morning and afternoon peak hours.
• AC and ventilation systems: Verify the ability to adjust temperatures independently in different zones after subdividing departments.
• Overtime operation plans: Clarify the operational costs for lighting and elevators if the business frequently runs night shifts.

Advisory Conclusion

189 Hoang Cau Building stands out as one of the Grade C office options with the best space efficiency in Dong Da wardt, thanks to its synchronous technical infrastructure and highly competitive operating costs. To receive a detailed quotation, check the latest vacant spaces, and schedule a physical viewing, please contact GRES specialists for comprehensive support and negotiation of the most favorable lease terms.