Ngọc Khánh Plaza GRADE B

Building Overview

Finding a workspace solution that balances a scenic, healthy working environment with cost-effective operational budgets is a top strategy for growing enterprises. Ngoc Khanh Plaza (located at 1 Pham Huy Thong) is a standard Grade B commercial office building completed in 2013. The property features an impressive height profile comprising 30 stories and 2 basements. Offering a typical floor plate of 450 sqm/floor and a standard ceiling height of 2.65 m, the building provides regular, column-optimized floor plans that make interior fitting and usable space planning highly efficient. Establishing an office at Ngoc Khanh Plaza allows teams to work next to the lake while maintaining strict control over monthly rental overheads.

Location and Connectivity

Ngoc Khanh Plaza commands a scenic street-front location at 1 Pham Huy Thong, Giang Vo Ward, Hanoi. Situated right along Ngoc Khanh Lake, the property enjoys pleasant natural surroundings and convenient access to key business thoroughfares in Ba Dinh and Dong Da ward.

• Nguyen Chi Thanh - Kim Ma - La Thanh Corridor: Vital traffic arteries located just minutes away, linking seamlessly toward Cau Giay, Dong Da, and Tay Ho ward.
• Hanoi Daewoo Hotel & Lotte Center Hanoi: Positioned within an 800m radius, facilitating corporate networking and international client receptions.
• Noi Bai International Airport: Approximately 20 to 25 minutes drive via Vo Chi Cong Street and Nhat Tan Bridge.
• Ngoc Khanh Lake & Thu Le Park: Located adjacent to the building, offering fresh air and an inspiring working atmosphere.
• Surrounding Amenities: Pham Huy Thong Street features numerous lakeside restaurants, cafes, bank transaction offices, and convenience stores serving daily staff needs.

Technical Specifications and Operations

The technical infrastructure at Ngoc Khanh Plaza is practically equipped to ensure reliable daily office operations:

• Scale & Floor Area: 30 stories and 2 basements; typical floor plate of 450 sqm with efficient floor plans easy to partition.
• Ceiling Height: Standard 2.65 m clearance, providing bright and comfortable office interiors.
• Elevator System: Equipped with 4 passenger elevators and 1 service elevator ensuring smooth vertical transit.
• Climate Control: Modern central air conditioning system maintaining consistent cooling across all working areas.
• Backup Power: Backup generator ensuring 100% power capacity during grid disruptions.
• Parking Space: 2 basement floors and surrounding areas accommodating employee and visitor cars and motorbikes.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Commercial conditions at Ngoc Khanh Plaza are highly competitive within the Giang Vo Ward area. As live availability and rental quotes fluctuate over time based on market conditions, prospective tenants are encouraged to consult specialists for current updates:

• Reference Rent: $13 - $15 /sqm.
• Service Charge: 1 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 80,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Charges: Actual consumption as per meter.
• Overtime Fee: Complimentary (Major cost advantage for teams requiring extended hours).
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a moderate 450 sqm floor plate, affordable rental rates, and a lakeside setting, Ngoc Khanh Plaza is suitable for small to medium-sized companies seeking convenient, cost-effective offices in the area, as well as tech, media, and consulting firms.

• Net Usable Area Verification: Measure net usable area against gross figures across the 450 sqm floor plate to optimize desk layouts.
• Basement & Surface Parking Assessment: Inspect actual car and motorbike parking space across the 2 basements and surface areas during peak morning arrival times.
• Central AC Cooling Test: Test air conditioning cooling performance and air vent distribution in prospective office units.
• Elevator Traffic Inspection: Observe transit speed and waiting times for the 4 passenger elevators and 1 service elevator during lunch peak hours.
• After-Hours Policy Review: Verify building access rules to fully leverage the complimentary overtime policy.

Advisory Conclusion

Ngoc Khanh Plaza in Giang Vo Ward is a highly practical Grade B office choice offering a unique lakeside environment and low operational costs. Locating an office here fosters productivity and long-term team retention. Contact GRES specialists today to receive updated availability, detailed quotations, and professional support in negotiating lease terms.