Grandeur Palace GRADE B
138B Giang Vo, Giang Vo Ward, Hanoi
Grandeur Palace is a Grade B office building at 138B Giang Vo, Giang Vo Ward, Hanoi. Indicative rent: $21 - $23 /SQM. Typical floor area: 1,063 sqm/floor. Scale: Comprising 22 stories and 4 basement levels.
Building specifications
InvestorVAN PHU REAL ESTATE DEVELOPMENT JSC
ManagementVan Phu - B&C
Building gradeGrade B
CertificationLEED
Completion year2020
ScaleComprising 22 stories and 4 basement levels
Typical floor area1,063 sqm/floor
Ceiling height2.7 m
Air conditioningModern central air conditioning system
Elevators2 passenger elevators and 1 service elevator
Backup power100% backup power capacity
ParkingParking available across 4 basement levels
Working hoursMonday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM
Cost details
Rent$21 - $23 /SQM
Service charge3 USD/sqm/month
VAT10%
Motorcycle parking150,000 VND/vehicle/month
Car parking3,000,000 VND/vehicle/month
Cooling electricityActual consumption based on meter readings
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate office spaceSketch the right space range from headcount, working style, and growth plans.Estimate suitable space
Estimate lease costBring rent, service charge, VAT, lease term, and operating inputs into one practical budget view.Estimate lease budget
Estimate fit-out costSet an initial fit-out budget from the office area and expected investment level.Estimate fit-out budget
Available space
Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.
● Updated 24/09/2026
Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.
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More information
Building Overview
Positioned on a vibrant commercial thoroughfare along Giang Vo Street, Grandeur Palace (located at 138B Giang Vo) delivers a modern Grade B+ workspace solution that fulfills high architectural and functional standards. Developed by Van Phu Real Estate Investment JSC and directly managed by Van Phu - B&C since its completion in 2020, the complex features Comprising 22 stories and 4 basement levels with a prestigious LEED green building certification. Offering a typical floor plate of 1,063 sqm/floor, the building provides regular, spacious layouts that maximize net usable area. Establishing a headquarters here enables corporations and growing enterprises to elevate corporate prestige while providing an eco-friendly working environment for employees.
Location and Connectivity
Grandeur Palace holds a prime street-front location at 138B Giang Vo, Giang Vo Ward, Hanoi. Situated on a key arterial corridor directly linking Ba Dinh, Dong Da, and Cau Giay ward, the property ensures smooth commuting and excellent regional accessibility.
- Giang Vo - Lang Ha - Nguyen Thai Hoc Axis: Bustling commercial streets providing quick access toward the Old Quarter as well as the western business wardt.
- Noi Bai International Airport: Approximately 25 to 30 minutes away via Nhat Tan Bridge or Vo Chi Cong Street.
- Hoan Kiem Lake: Roughly 10 minutes drive along the Nguyen Thai Hoc - Trang Thi route.
- Thanh Cong Lake Park & Giang Vo Lake: Positioned adjacent to the building area, providing fresh air and pleasant green surroundings.
- Surrounding Ecosystem: Close to major hotels, government entities, corporate headquarters, and bank transaction offices.
Technical Specifications and Operations
The technical infrastructure at Grandeur Palace is synchronized to high-standard office specifications, ensuring continuous business efficiency:
- Scale & Floor Area: Comprising 22 stories and 4 basement levels; typical floor plate of 1,063 sqm with regular floor plans easy to partition for functional departments.
- Elevator System: Equipped with 2 passenger elevators and 1 service elevator delivering safe, high-speed vertical transit.
- Climate Control: Modern central air conditioning system maintaining consistent cooling performance across all office floors.
- Backup Power: 100% backup power capacity generator, safeguarding operations during power grid disruptions.
- Parking Space: Parking available across 4 basement levels providing extensive capacity for employee and visitor vehicles.
- Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
Commercial terms at Grandeur Palace are transparently structured. As live availability and rental quotes fluctuate over time based on market conditions, prospective tenants are encouraged to consult specialists for live updates:
- Reference Rent: $21 - $23 /sqm.
- Service Charge: 3 USD/sqm/month.
- VAT: 10%.
- Motorbike Parking Fee: 150,000 VND/motorbike/month.
- Car Parking Fee: 3,000,000 VND/car/month.
- Electricity Charges: Actual consumption based on meter readings.
- Overtime Fee: Negotiable based on lease terms.
- Minimum Lease Term: Minimum 3-year lease.
- Deposit & Payment: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
Featuring modern construction quality, LEED certification, and a spacious 1,063 sqm floor plate, Grandeur Palace is ideal for large corporations, tech enterprises, financial firms, design consultancies, or companies committed to sustainable workplace development.
- 1,063 sqm Floor Plan Division Check: Measure net usable area against gross figures and evaluate partition layouts for optimal seating density.
- 4 Basement Levels Parking Verification: Inspect actual car and motorbike parking capacity in the 4 basement levels during peak arrival hours.
- LEED Central AC & Air Quality Test: Inspect central air conditioning performance and fresh air ventilation conforming to LEED standards.
- Elevator Capacity Assessment: Evaluate transit speed and waiting times for the passenger and service elevators during morning arrival hours.
- Fit-Out Regulation Review: Review interior construction rules with Van Phu - B&C management regarding fire safety compliance and working hours.
Advisory Conclusion
Grandeur Palace in Giang Vo Ward stands as a premier Grade B+ office choice on Giang Vo Street, offering a LEED-certified green working environment that elevates corporate prestige. Contact GRES specialists today to receive updated availability, detailed quotations, and professional support in lease negotiations.
Office space for lease at Grandeur Palace
| Address | 138B Giang Vo, Giang Vo Ward, Hanoi |
|---|---|
| Building scale | Comprising 22 stories and 4 basement levels |
| Typical floor area | 1,063 sqm/floor |
| Indicative rent | $21 - $23 /SQM |
| Contact | 098 197 85 08info@gres.vn |
Location map
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Frequently asked questions
Which spaces at Grandeur Palace can be considered now?
Spaces currently available range from 78 m²–240 m², last updated 24/09/2026. Availability can move quickly, so confirm the floor, handover condition and possible move-in date before arranging the tour.
What can the LEED certification at Grandeur Palace add beyond image?
Grandeur Palace holds LEED. This can be useful for ESG reporting, supplier requirements and workplace commitments; confirm the certificate scope and validity so the business can use it with confidence.
What should a realistic budget for Grandeur Palace include?
Indicative rent is $21 - $23 /SQM; service charge 3 USD/sqm/month; VAT 10%. Compare the full monthly occupancy cost for the exact area, especially if the team uses parking or works after hours.
Will parking at Grandeur Palace work for the team in practice?
The building provides parking available across 4 basement levels for parking. Current fees: motorbike 150,000 VND/motorbike/month; car 3,000,000 VND/car/month. If many staff drive, ask for the tenant allocation, waiting list, visitor access and hours in writing; a basement count alone does not show how many spaces the tenant will receive.
Which alternatives are worth viewing alongside Grandeur Palace?
A practical comparison set is The Lancaster Building, Tòa nhà D2 Giảng Võ, Giảng Võ Lake View Building. View them against the same brief—usable area, total cost, commute, parking and operating terms—rather than assuming the nearest or same-grade building is automatically better.
How much commitment should a tenant plan for at Grandeur Palace?
The working terms are lease term: minimum 3-year lease; deposit and payment: 3-month deposit - Quarterly payment. Read them alongside rent-free time, escalation, handover, renewal and early exit, because those points shape cash flow as much as the headline rent.
How should a tenant read the 2020 completion year of Grandeur Palace?
The building was completed in 2020. Age alone does not determine quality; use it as a prompt to ask about recent upgrades, maintenance records, common-area condition and what has changed since opening.
Does Grandeur Palace work for teams that stay late or work weekends?
The practical terms are building hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM; overtime: Negotiable; air-conditioning electricity: Actual consumption based on meter readings. Match these against the real work schedule before deciding, because repeated overtime and cooling costs can materially change the monthly budget.
Want to compare with Grandeur Palace and similar buildings?GRES can send 3–5 nearby or same-grade options so you can review the shortlist before a site visit.