Viet Tower GRADE B

Building Overview

Boasting the prestigious Green Mark certification along with a scale of 18 storeys and 2 basements, Viet Tower asserts its position as a standard Grade B office building in the Dong Da area. Developed by Hoa Binh Trading Investment Joint Venture Company Limited, the building offers a spacious typical floor plate of 1,700 sqm/floor. It stands out as one of the few office buildings in its segment to achieve green architectural certification, optimizing energy efficiency and significantly reducing monthly operational costs for tenants.

Technically, the building features synchronous M&E infrastructure, including a modern central air conditioning system and high-speed elevators. The column-free, square floor layout allows businesses to easily partition their workspaces, maximizing the net usable area compared to the gross lease area.

Location and Connectivity

The building is strategically located at 1 Thai Ha, Dong Da Ward, Hanoi, right at the bustling intersection of Thai Ha - Tay Son - Chua Boc streets. This prime location offers exceptional traffic connectivity and commercial exposure.

• Thai Ha - Tay Son - Chua Boc Axis: Facilitates rapid connection to Ba Dinh, Hoan Kiem, and the western ward of Hanoi via the Nguyen Trai - Tay Son route.
• Nearby Hotels / Shopping Malls / Landmarks: Located right above a vibrant commercial podium, close to major shopping centers, providing excellent convenience for client receptions and supporting services.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street or Ring Road 2, ensuring seamless travel for business trips.
• Surrounding Amenities: Surrounded by a dense network of major bank branches (Vietcombank, BIDV, Techcombank), restaurants, and office cafes to support daily business operations.

Technical Specifications and Operations

Viet Tower is equipped with synchronous technical infrastructure meeting strict operational standards:

• Scale & Floor Plate: 18 storeys and 2 basements; typical floor plate of 1,700 sqm/floor with a square design that optimizes workspace efficiency.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious environment and easy installation of technical ceilings.
• Elevator System: 04 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air Conditioning: Modern central air conditioning system distributing cool air evenly across the floor.
• Backup Power: 100% backup power generator, ensuring uninterrupted business operations.
• Parking: 2 basement levels providing ample space for both motorbikes and cars.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Lease policies and operational costs at the building are applied flexibly and transparently:

• Reference Rental Price: $10 - $12 /sqm/month (highly competitive for a central Grade B location).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 2,000,000 VND/car/month.
• Electricity Consumption: Included in service charge (for air conditioning), saving significant operational costs.
• Overtime Fee (OVT): Complimentary, a major financial advantage for businesses operating night shifts or frequent overtime.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large floor plate of 1,700 sqm and Green Mark certification, Viet Tower is an ideal choice for technology firms, multinational corporations, and large-scale enterprises seeking a green, energy-efficient workspace. However, since the lower levels integrate a commercial center, tenants should pay attention to traffic flow and inspect the following technical aspects:

• Elevator Efficiency during Peak Hours: Physically test the speed and capacity of the 4 Mitsubishi elevators around 8:00 AM and 5:30 PM.
• Net vs Gross Area: Measure the actual net usable area versus the gross leased area to plan the most efficient desk layout.
• Parking Capacity: Survey the 2 basement levels during peak hours to evaluate the real capacity for employees' motorbikes and cars.
• Central AC Control: Assess the ability to adjust temperatures in specific zones to ensure comfort for all departments.

Advisory Conclusion

Viet Tower represents an outstanding Grade B office solution in Dong Da wardt, perfectly balancing cost efficiency (reasonable rent, free overtime, AC electricity included in service charges) and infrastructure quality with Green Mark certification. To receive detailed quotes, current vacant areas, and schedule a physical site visit, contact GRES consulting experts today for comprehensive support and the most favorable lease negotiations.