Cora Building GRADE C

Building Overview

Completed in 2019 with a scale of 10 above-ground floors and 01 basement floor, Cora Building sets an optimized operational standard for Grade C offices in central Hanoi. Featuring a typical floor plate of 200 sqm, the building is designed with a sleek, modern layout that effectively addresses space allocation challenges. The entire floor plan is optimized for net usable area, minimizing dead corners and structural columns, which allows tenants to easily configure flexible work modules and maximize efficiency per square meter.

Location and Connectivity

Situated at the prime street front of 24 Hoa Ma, Hai Ba Trung Ward, Ha Noi, Cora Building benefits from exceptional transport connectivity within the historic and bustling core of the capital. Hoa Ma street is relatively spacious and less prone to severe traffic congestion, ensuring smooth daily commutes and business transactions for both employees and partners.

• Hoa Ma - Pho Hue - Lo Duc Axis: Serves as a vital transport network, enabling quick access to neighboring ward within a 5 to 10-minute drive.
• Hoan Kiem Lake and Central Administrative Hub: Located less than 1.5 km away, offering outstanding diplomatic advantages when accessing government offices and major corporate partners.
• Noi Bai International Airport: Approximately a 35-minute drive via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless travel schedules for corporate executives.
• Surrounding Business Ecosystem: Surrounded by numerous major bank branches, restaurants, and office-friendly cafes to support client entertainment and daily staff needs.

Technical Specifications and Operations

To ensure continuous and stable operational efficiency for businesses, the technical infrastructure at Cora Building is comprehensively invested and regularly maintained:

• Scale & Floor Plate: 10 above-ground floors and 01 basement floor; regular 200 sqm/floor plate, easy to partition.
• Ceiling Height: Reaches a standard of 2.65 m, creating an airy feel and optimizing office lighting systems.
• Elevator System: Equipped with 02 high-speed ThyssenKrupp elevators, minimizing waiting times during peak hours.
• Air Conditioning: Modern ceiling-mounted air conditioning system, distributing temperature evenly to every workstation.
• Backup Power: 100% backup power generator capacity, ensuring uninterrupted business operations during power outages.
• Parking Area: 01 basement floor dedicated to secure and convenient motorbike parking for employees.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policy at Cora Building is highly competitive and transparent, helping businesses easily plan their long-term operational budget:

• Reference Rental Price: $12 - $13 /m²/month (a highly reasonable rate for a central Hai Ba Trung location).
• Service Fee: Included in the rental price, simplifying monthly payment procedures.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: Parking available at nearby locations based on actual rates of the parking operators.
• Electricity Fee: Actual consumption charged based on meter readings for each office.
• Overtime Fee (OVT): Negotiable based on the actual operational needs of the business.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment to ensure stable cash flow.

Suitable Tenant Profiles and Checks

With its regular 200 sqm floor plate and highly competitive rental costs, Cora Building is an ideal fit for small and medium-sized enterprises (SMEs), tech firms, design consultancies, or representative offices requiring a central business address. Before signing the lease, businesses should conduct a physical site inspection based on the following criteria:

• Verify Parking Capacity: Assess the motorbike parking capacity in the basement during morning peak hours and locate the nearest car parking options for clients.
• Measure Net Usable Area: Determine the exact usable area versus gross area to plan the most efficient desk layout.
• Evaluate AC Efficiency: Inspect the ceiling-mounted AC system at planned partition areas (such as meeting rooms or director's offices) to ensure proper air circulation.
• Negotiate Overtime Fees: Clarify the overtime charges if your business frequently requires staff to work late or run night shifts.

Advisory Conclusion

Cora Building delivers a highly practical office solution, perfectly balancing reasonable rental costs with a prime central location. For businesses seeking a professional workspace that maximizes operational efficiency without heavy financial burdens, this is undoubtedly an option worth serious consideration. Contact GRES consultants today to receive the latest updates on vacant spaces and schedule a free site visit.