Hoàng Sâm Building GRADE C

Building Overview

According to the independent market analysis by GRES experts, Hoang Sam Building at 260 Ba Trieu stands out as an exceptional Grade C office option that offers a prime central location combined with highly optimized operational costs. Comprising 12 stories and 2 basements, the building features a typical floor plate of 350 sqm, allowing businesses to easily configure efficient workspaces without incurring heavy fit-out expenses. Compared to other buildings in the same segment in Hai Ba Trung wardt, Hoang Sam Building is highly regarded for its balance between reasonable rental rates and professional management directly by the building owner. It represents a high-quality real estate solution for companies seeking to establish their brand identity in the urban core while maintaining strict control over monthly overheads.

Location and Connectivity

The building is strategically located at 260 Ba Trieu, Hai Ba Trung Ward, Hanoi, right on one of the most vibrant and high-profile commercial corridors in the capital. Ba Trieu Street features a well-developed transport infrastructure, seamlessly linking the historic Hoan Kiem wardt with the dynamic economic zones in the south of the city.

• Ba Trieu Street Axis: A spacious one-way street that ensures smooth traffic flow and easy access to major arterial routes such as Dai Co Viet, Pho Hue, and Tran Hung Dao.
• Nearby Hotels / Shopping Malls / Parks: Just a 3-minute drive to Vincom Center Ba Trieu, Thien Quang Lake, and Thong Nhat Park, providing excellent convenience for hosting VIP clients and partners.
• Noi Bai International Airport: Approximately 35 minutes away via the Vo Chi Cong route and Nhat Tan Bridge, optimizing travel times for executive business trips.
• Surrounding Business Ecosystem: Surrounded by a dense network of major bank branches (Vietcombank, BIDV, Techcombank), diverse restaurants, and premium cafes suitable for daily business meetings.

Technical Specifications and Operations

The building's technical infrastructure is modernly equipped to ensure uninterrupted business operations:

• Scale & Floor Plate: Comprises 12 stories and 2 basements; typical floor plate is 350 sqm with a column-free layout, maximizing net usable space.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated working environment and easy installation of acoustic ceilings and lighting.
• Elevator System: Equipped with 2 high-speed Schindler elevators, minimizing wait times during peak hours.
• Air Conditioning: Utilizes a modern central air conditioning system, ensuring even temperature distribution throughout the workspace.
• Backup Power: A backup generator provides 100% capacity to maintain full building operations during power outages.
• Parking Facilities: 2 spacious basement levels efficiently accommodate the motorbike parking needs of employees and visitors.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

Commercial terms at the building are highly competitive and flexible for prospective tenants:

• Reference Rental Rate: Ranges from $12 - $13 /sqm/month (rates may vary depending on leased area and lease commencement date).
• Service Fee: Already included in the rent, helping businesses easily forecast fixed monthly budgets.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/vehicle/month.
• Electricity Consumption: Charged based on actual usage recorded by individual sub-meters.
• Overtime (OVT) Fee: Subject to mutual agreement based on the tenant's actual operational requirements.
• Minimum Lease Term: 3 years to ensure operational stability.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its central location in Hai Ba Trung wardt and highly competitive rental rates, Hoang Sam Building is an ideal fit for small and medium enterprises (SMEs), technology firms, financial companies, or foreign representative offices looking to optimize operational budgets while maintaining a prestigious business address.

• Net vs. Gross Area Ratio: Tenants should measure the actual usable (net) area versus the gross area to plan the most efficient desk layout.
• Parking Capacity: Verify the actual capacity of the 2 basements during morning and afternoon peak hours to arrange alternative nearby parking if the company has a large headcount.
• Overtime AC Charges: Clarify the overtime (OVT) fee structure with the building management if the company frequently operates night shifts or weekend hours.
• Handover Condition: Inspect the current state of floors, ceilings, electrical wiring, and internet connections before starting the interior fit-out process.

Advisory Conclusion

Hoang Sam Building is a standout Grade C office choice on Ba Trieu Street, offering a perfect blend of a central location, stable building quality, and highly reasonable rental costs. To receive the latest updates on vacant spaces and to negotiate the most favorable lease terms, please contact GRES consultants today for comprehensive and completely free assistance.