M3-M4 Nguyễn Chí Thanh GRADE C

Building Overview

From an independent market perspective by GRES experts, M3-M4 Nguyen Chi Thanh stands out as a Grade C office building offering an exceptionally large floor plate in Giang Vo Ward, Ha Noi. Rising 20 stories with 1 basement, the building provides a rare typical floor plate of up to 1000 sqm. This is an outstanding feature in the budget office segment, allowing large enterprises to optimize their workspace on a single floor instead of splitting departments across multiple levels.

Location and Connectivity

Located at 91 Nguyen Chi Thanh, Giang Vo Ward, Ha Noi, M3-M4 building sits directly on one of the most bustling arterial roads of the capital. Nguyen Chi Thanh street features synchronous transport infrastructure, ensuring quick connections between the old city center and the new administrative hub in the West.

• Nguyen Chi Thanh arterial route: Connects directly to key streets such as Huynh Thuc Khang, De La Thanh, Lang Road, Lang Ha, and Kim Ma, facilitating effortless inter-wardt travel.
• Lotte Center and Vincom Center commercial hubs: Just a 5-minute drive away, providing ideal venues for corporate diplomacy, client receptions, and high-end meetings.
• Noi Bai International Airport: Approximately 30 minutes away via the Vo Chi Cong - Nhat Tan Bridge route, ensuring seamless business travel schedules for executives.
• Surrounding business ecosystem: Surrounded by a high density of major bank branches (Vietcombank, BIDV, Techcombank), office-friendly restaurants, and cafes to support daily staff needs.

Technical Specifications and Operations

Below are the core technical specifications that determine the actual operational efficiency for tenants at the building:

• Scale & Floor plate: 20 stories and 1 basement; typical floor plate of 1000 sqm/floor, supporting flexible division into smaller spaces.
• Ceiling height: Reaches a standard of 2.7 m, ensuring a spacious and airy working environment even with high staff density.
• Elevator system: Equipped with 03 high-speed elevators dedicated to the office block, minimizing waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system distributing cool air evenly across the office.
• Backup power: 100% backup power generator capacity to maintain continuous operations during power outages.
• Parking: 1 basement level and surrounding premises accommodate the motorbike and car parking needs of employees.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Detailed breakdown of rental rates and commercial terms applied at the building:

• Reference rental price: Approximately $9 - $10 /sqm/month (highly competitive for a main street frontage location).
• Service fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 90,000 VND/motorbike/month.
• Car parking fee: 2,000,000 VND/car/month.
• Electricity consumption: Billed based on actual consumption via individual meters.
• Overtime fee (OVT): Free of charge (a major financial advantage for businesses with frequent late-night shifts).
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its massive 1000sqm floor plate and free overtime (OVT) policy, M3-M4 Nguyen Chi Thanh is the optimal solution for IT companies, training centers, logistics firms, or large-scale SMEs looking to optimize operational costs. However, to ensure smooth operations, businesses should conduct a comparative analysis and inspect the following points:

• Space efficiency (Net vs Gross): Carefully measure the actual usable area against the wall-to-wall area to accurately plan seating layouts.
• Peak-hour parking capacity: Inspect the basement parking situation between 8:00 AM and 5:30 PM to evaluate its capacity for large staff numbers.
• After-hours AC mechanism: Although overtime fees (OVT) are free, clarify how the central AC operates after standard hours to avoid unexpected local AC installation costs.
• Power capacity: Verify if the electrical infrastructure in the leased area can support dedicated server rooms or high-power equipment.

Advisory Conclusion

M3-M4 Nguyen Chi Thanh offers an excellent financial balance with rental rates under $10/sqm, spacious floor plates, and an outstanding free overtime policy. It serves as a practical office solution, helping businesses minimize fixed costs while maintaining a prestigious commercial presence in Giang Vo Ward, Ha Noi. Contact GRES specialists today to receive a detailed vacant space comparison and secure the most favorable lease terms.