Quý Hạnh Building GRADE C

Building Overview

According to an independent market analysis by GRES specialists, Quy Hanh Building at 165 Ba Trieu stands out as one of the most cost-effective office solutions in the transition zone between Hoan Kiem and Hai Ba Trung ward. With a scale of 10 stories above ground and 1 basement, this Grade C office building offers a typical floor plate of 210 sqm. The most significant advantage of the building is its all-inclusive rental rate which already covers the service fee, allowing tenants to easily manage their fixed monthly overheads without worrying about unexpected operational costs.

Location and Connectivity

The building is situated at 165 Ba Trieu, Hai Ba Trung Ward, Hanoi, right on a bustling commercial street that directly connects Hai Ba Trung wardt with the historical core of Hoan Kiem. This area is characterized by high commercial density, well-developed infrastructure, and proximity to major municipal administrative offices.

• Ba Trieu Axis: A key arterial route running parallel to Pho Hue, offering direct connection from the old city center to the southern and eastern ward via major intersections.
• Vincom Center Ba Trieu: Located just a 2-minute walk away, providing excellent commercial advantages, client reception options, and abundant dining and shopping amenities for employees.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong or Nhat Tan Bridge, facilitating convenient business travel for corporate executives.
• Surrounding Business Ecosystem: Home to numerous major bank branches, including MSB (located on the ground floor of the building), Techcombank, and VietinBank, alongside diverse dining and coffee options.

Technical Specifications and Operations

To ensure smooth daily operations, businesses should evaluate the following standard technical specifications of the building:

• Scale & Floor Plate: 10 stories above ground and 1 basement, with a typical floor plate of 210 sqm, offering square layouts that are highly flexible for partitioning.
• Ceiling Height: Reaches a standard of 2.65 m, ensuring a well-ventilated working environment and easy installation of suspended ceiling systems.
• Elevator System: Equipped with 02 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air Conditioning: Individual air conditioning system, allowing tenants to independently control the temperature in different working zones.
• Backup Power: 100% backup power generator capacity, ensuring uninterrupted business operations during grid power outages.
• Parking Facilities: 1 basement level dedicated to motorbike parking, with off-site car parking options available in the immediate vicinity.
• 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

Below is a summary of the rental rates and commercial terms applicable at the building:

• Reference Rent: Approximately $10 - $11 /sqm/month (subject to change depending on the leased area and lease timing).
• Service Fee: Already included in the rental price, optimizing monthly management costs for businesses.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: Off-site parking available nearby, billed according to the actual rates of the parking lot operator.
• Electricity Charges: Billed based on actual consumption via individual meters.
• Overtime Fee (OVT): Negotiable based on the actual operational needs of the tenant.
• Minimum Lease Term: 3 years to ensure operational stability.
• Deposit & Payment: 3-month deposit, with quarterly payments.

Suitable Tenant Profiles and Checks

Quy Hanh Building is highly suitable for small and medium-sized enterprises (SMEs), representative offices, service companies, or tech startups seeking a prestigious address in Hai Ba Trung wardt within a reasonable budget. Before signing the lease, businesses are advised to conduct a physical inspection using the following checklist:

• Car Parking Availability: Since the building does not support basement car parking, verify the exact distance and capacity of nearby parking lots for executives and clients.
• Individual AC Performance: Assess the cooling efficiency in corner areas and estimate actual electricity consumption based on your equipment usage.
• Net Usable Area Verification: Measure the actual usable area versus the gross area to plan the most efficient desk layout.
• Overtime Fee Negotiation: Clarify overtime charges if your business frequently requires late-night shifts or Sunday operations.

Advisory Conclusion

Quy Hanh Building offers a highly practical and cost-effective Grade C office solution on the vibrant Ba Trieu street. Its key strengths—including all-inclusive pricing and an excellent commercial location—make it a highly attractive choice for budget-conscious businesses. Contact a GRES specialist today to receive the latest vacant space updates, detailed quotes, and to schedule a free site visit.