Apex Building GRADE C

Building Overview

Featuring a structure of 8 above-ground floors and 1 basement in the heart of Hai Ba Trung wardt, Apex Building offers a professional Grade C office space with highly optimized floor efficiency. For businesses seeking to optimize cash flow, this building represents an outstanding financial option thanks to its highly competitive gross rental rates that already include service fees. This enables tenants to easily control their fixed monthly overheads and allocate financial resources to core business activities.

Location and Connectivity

The building is located at 121 Bui Thi Xuan, Hai Ba Trung Ward, Hanoi, one of the most vibrant commercial streets in the central area.

• Bui Thi Xuan Street: Connects directly to major arteries such as Ba Trieu and Pho Hue, facilitating seamless inter-wardt travel.
• Vincom Center Ba Trieu: Located just 400m away, offering great advantages for client meetings, transactions, and staff recreation.
• Noi Bai International Airport: Approximately 40 minutes away via Vo Chi Cong and Nhat Tan Bridge, ensuring efficient business travel.
• Surrounding Amenities: Surrounded by a rich ecosystem of major banks like ACB, restaurants, and corporate cafes, fully supporting daily business operations.

Technical Specifications and Operations

To ensure smooth business operations with minimal overhead, tenants should review the following technical specifications of Apex Building:

• Scale & Floor Plate: Consists of 8 above-ground floors and 1 basement; with a typical floor plate of 120 sqm/floor, designed to maximize usable workspace.
• Ceiling Height: Reaches a standard of 2.7 m, providing an open atmosphere and easy installation of ceiling systems and office lighting.
• Elevator System: Equipped with high-speed elevators to ensure quick vertical transit and minimize waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system that distributes temperature evenly while optimizing electricity consumption.
• Backup Power: 100% backup power generator, ensuring uninterrupted business operations during power outages.
• Parking: 1 basement floor combined with an adjacent parking lot effectively accommodates the parking needs of both staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Below is the breakdown of rental costs and commercial terms designed to optimize cash flow for businesses at Apex Building:

• Reference Rent: $9 to $11 /sqm/month (highly competitive for a central city location).
• Service Fee: Included in gross rent, allowing businesses to easily plan fixed monthly budgets.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: Available at the adjacent lot with flexible actual rates.
• Electricity Fee: Charged based on actual consumption via individual office meters.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, securing long-term operational cash flow stability.

Suitable Tenant Profiles and Checks

With a compact floor plate of 120 sqm and highly reasonable rental rates, Apex Building is a good choice for young, creative businesses needing compact spaces with surrounding amenities. To ensure the space perfectly aligns with operational requirements, businesses should conduct an on-site survey based on the following criteria:

• Verify Usable Area: Measure the actual usable (net) area versus the wall-to-wall (gross) area to accurately calculate desk layout and capacity.
• Assess Peak-Hour Parking: Evaluate the capacity of the basement and the adjacent parking lot during morning arrival and evening departure hours.
• Test AC Performance: Check cooling efficiency in corner areas when planning for high staff density.
• Evaluate Lighting and Soundproofing: Test noise levels from Bui Thi Xuan Street to ensure a quiet and focused working environment.

Advisory Conclusion

Apex Building represents an excellent financial solution for office space in Hai Ba Trung Ward, helping businesses minimize fixed rental overheads while maintaining a prestigious central address. To receive a detailed quotation, updated vacancy list, and schedule an on-site viewing, please contact GRES consultants today.