Petrovietnam Tower GRADE A

Building Overview

Petrovietnam Tower is a Grade A office building located in the Giang Vo area, designed with a scale of 19 above-ground floors and 1 basement level. Featuring a typical floor plate of 700 sqm, the building offers a square-shaped layout that optimizes net usable area thanks to its smart perimeter column design. This valuable architectural solution allows businesses to easily partition departments, design open collaborative areas, and maximize seating capacity without wasting space in dead corners.

Location and Connectivity

Located at 18 Lang Ha, Giang Vo Ward, Hanoi, Petrovietnam Tower boasts a highly valuable frontage at the intersection of two arterial roads, Lang Ha and Huynh Thuc Khang, facilitating exceptionally convenient access for employees and partners from multiple directions.

• Lang Ha - Huynh Thuc Khang Axis: Connects directly and rapidly to Dong Da, Ba Dinh, Cau Giay ward, and the western gateway of Hanoi.
• Fortuna Hotel and Novotel Thai Ha Cluster: Located within a 5-minute commute, providing maximum convenience for diplomatic receptions and foreign expert accommodations.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong road and Nhat Tan Bridge, optimizing business travel schedules for executives.
• Surrounding Utility Ecosystem: Gathers a dense network of major bank branches such as Pvcombank, BIDV, and Vietinbank, alongside numerous restaurants, food centers, and premium office cafes adjacent to the building.

Technical Specifications and Operations

The technical infrastructure at Petrovietnam Tower is comprehensively invested in accordance with strict Grade A standards to ensure operational continuity and business efficiency.

• Scale & Floor Plate: Comprising 19 above-ground floors and 1 basement level, with a typical floor plate of 700 sqm/floor offering flexible partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, creating a spacious working environment and allowing easy installation of technical ceiling systems.
• Elevator System: Equipped with 5 high-speed passenger elevators and 1 service elevator, minimizing wait times during morning and afternoon peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution and maintaining fresh air quality throughout the office.
• Backup Power: Backup generator ensuring 100% power supply for the entire building, completely mitigating operational downtime risks from grid failures.
• Parking Space: Ample parking space across 1 basement level and the surrounding courtyard, well-meeting the parking demands of staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Lease policies and commercial terms at the building are clearly structured, helping businesses easily plan their long-term operational budgets.

• Reference Rent: Approximately $25 - $27 /sqm/month (rates may vary depending on leased area and lease commencement date).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,800,000 VND/car/month.
• Electricity Consumption: Air conditioning electricity is included in the service charge; other office equipment is metered and billed based on actual consumption.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Petrovietnam Tower is an ideal choice for multinational corporations, financial institutions, technology firms, and mid-to-large scale enterprises requiring a professional workspace with robust technical infrastructure and a central, highly accessible location.

• Verify Usable Area: Carefully measure the net usable area versus the gross area to plan the most accurate desk layout.
• Survey Parking Capacity at Peak Hours: Evaluate the basement and courtyard parking capacity during early morning hours to proactively manage staff transportation.
• Assess Elevator Efficiency: Personally experience the travel speed and wait times of the 5-elevator system during lunch hours or end-of-day rush hours.
• Confirm Overtime Fees: Negotiate clearly with the building management regarding any additional charges if your office frequently operates night shifts or weekend hours.

Advisory Conclusion

With its outstanding advantages in Grade A technical infrastructure, optimized square floor plates, and a prime dual-frontage location in the heart of Ba Dinh wardt, Petrovietnam Tower establishes its position as one of the most prestigious and professional office addresses in the Giang Vo area. To receive a detailed quote, check the latest vacant spaces, and schedule a physical viewing, please contact GRES consultants today for comprehensive support and cost optimization.