Red Building GRADE C
169 Bui Thi Xuan, Hai Ba Trung Ward, Hanoi
Red Building is a Grade C office building at 169 Bui Thi Xuan, Hai Ba Trung Ward, Hanoi. Indicative rent: $10 - $11 /SQM. Typical floor area: 200 sqm/floor. Scale: Comprising 14 above-ground floors and 1 basement floor.
Building specifications
Building gradeGrade C
ScaleComprising 14 above-ground floors and 1 basement floor
Typical floor area200 sqm/floor
Ceiling height2.65 m
Air conditioningSplit-unit air conditioning system
Elevators1 high-speed elevator
Backup powerBackup generator providing 100% capacity
ParkingParking available on 1 basement floor
Working hoursMonday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM
Cost details
Rent$10 - $11 /SQM
Service chargeIncluded in the rental price
VAT10%
Motorcycle parking150,000 VND/vehicle/month
Car parkingParking at nearby facilities
Cooling electricityActual consumption as per meter
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate office spaceSketch the right space range from headcount, working style, and growth plans.Estimate suitable space
Estimate lease costBring rent, service charge, VAT, lease term, and operating inputs into one practical budget view.Estimate lease budget
Estimate fit-out costSet an initial fit-out budget from the office area and expected investment level.Estimate fit-out budget
Available space
Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.
GRES is reviewing suitable floor options for this building.
Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.
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More information
Building Overview
Location and Connectivity
The building is prominently located at 169 Bui Thi Xuan, Hai Ba Trung Ward, Hanoi, a bustling central street characterized by high commercial density and fully integrated infrastructure.- Bui Thi Xuan Street axis: Connects directly and swiftly to major arterial streets such as Pho Hue, Ba Trieu, and Tran Nhan Tong, facilitating seamless inter-wardt travel.
- Thien Quang Lake and Thong Nhat Park: Located just 3-5 minutes away, offering refreshing green spaces and ideal venues for hosting diplomatic and client meetings.
- Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth business travel schedules.
- Surrounding business ecosystem: Surrounded by a dense network of major bank branches, diverse dining options, and business cafes, fully catering to client entertainment and daily staff needs.
Technical Specifications and Operations
- Quy mô & Mặt bằng sàn: Comprising 14 above-ground floors and 1 basement floor; typical floor plate of 200 sqm with a regular, column-free layout to maximize actual usable area.
- Chiều cao trần: Reaches a standard 2.65 m, creating a spacious feel and facilitating the installation of plaster ceilings and office lighting.
- Hệ thống thang máy: Equipped with 1 high-speed elevator operating smoothly to meet vertical transportation needs during peak hours.
- Hệ thống điều hòa: Split-unit air conditioning system, allowing flexible temperature control for independent zones and significant energy savings during overtime work.
- Điện dự phòng: Backup generator providing 100% capacity, ensuring all lighting and computer systems run uninterrupted during power outages.
- Bãi đỗ xe: Parking available on 1 basement floor, accommodating motorbikes for staff, combined with nearby car parking facilities.
- Giờ làm việc tiêu chuẩn: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
- Giá thuê tham khảo: $10 - $11 /sqm/month (rates may fluctuate slightly depending on the leased area and lease commencement date).
- Phí dịch vụ: Included in the rental price, reducing the administrative burden of managing incidental expenses.
- Thuế VAT: 10%.
- Phí gửi xe máy: 150,000 VND/motorbike/month.
- Phí gửi ô tô: Parking at nearby facilities according to the actual rates of the parking operators.
- Tiền điện sử dụng: Actual consumption as per individual office meters.
- Phí làm ngoài giờ (Overtime): Negotiable based on actual usage requirements.
- Thời hạn thuê tối thiểu: Minimum 3-year lease.
- Đặt cọc & Thanh toán: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
With its regular 200 sqm floor plate, Red Building is particularly suitable for small and medium-sized enterprises (SMEs), IT companies, study abroad consultancies, law firms, or foreign representative offices requiring a central location for transactions.- Kiểm tra hiệu suất thang máy: Since the building is equipped with 1 elevator, businesses should survey traffic flow during peak hours (morning arrival, lunch break) to plan staff coordination effectively.
- Phương án đỗ xe ô tô: Survey nearby car parking facilities regarding distance and capacity to secure parking solutions for executives and clients.
- Bố trí mặt bằng không gian: Leverage the regular floor plate to design an open-plan layout, minimizing partitions to optimize natural light and airflow from the split-unit AC system.
- Thỏa thuận phí ngoài giờ: If the business frequently operates late, clarify the overtime (OVT) fee structure during the contract negotiation phase.
Advisory Conclusion
Red Building at 169 Bui Thi Xuan offers an excellent balance of cost and utility for Grade C office space in central Hanoi. Stable technical infrastructure, flexible floor layouts, and highly reasonable rental rates are major advantages that help businesses optimize operational costs. To receive the latest vacant area updates and support in negotiating the most favorable lease terms, please contact GRES specialists for hands-on assistance.Office space for lease at Red Building
| Address | 169 Bui Thi Xuan, Hai Ba Trung Ward, Hanoi |
|---|---|
| Building scale | Comprising 14 above-ground floors and 1 basement floor |
| Typical floor area | 200 sqm/floor |
| Indicative rent | $10 - $11 /SQM |
| Contact | 098 197 85 08info@gres.vn |
Location map
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Frequently asked questions
What should a realistic budget for Red Building include?
Indicative rent is $10 - $11 /SQM; service charge included in the rent; VAT 10%. Compare the full monthly occupancy cost for the exact area, especially if the team uses parking or works after hours.
How flexible is the typical floor at Red Building for a tenant?
The typical floor is 200 sqm/floor. This is a compact floor plate. It can suit a team that values a self-contained office, but subdivision and usable area still need checking if the requirement is much smaller.
Will parking at Red Building work for the team in practice?
The building provides parking available on 1 basement floor for parking. Current fees: motorbike 150,000 VND/motorbike/month; car Parking at nearby facilities. If many staff drive, ask for the tenant allocation, waiting list, visitor access and hours in writing; a basement count alone does not show how many spaces the tenant will receive.
Is Red Building suitable for teams with demanding IT or operating needs?
The building has split-unit air conditioning system; backup generator providing 100% capacity. For server rooms or specialist equipment, confirm the available electrical load, which circuits receive backup power, after-hours cooling and the approval path for upgrades.
What does the lift setup at Red Building mean at peak times?
Red Building has 1 high-speed elevator across comprising 14 above-ground floors and 1 basement floor. The specification is useful, but the real test is waiting time: visit around arrival or lunch time and check lift zoning, access control and goods movement.
Which alternatives are worth viewing alongside Red Building?
A practical comparison set is Zodi Building, Apex Building, Royal Building. View them against the same brief—usable area, total cost, commute, parking and operating terms—rather than assuming the nearest or same-grade building is automatically better.
Does Red Building work for teams that stay late or work weekends?
The practical terms are building hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM; overtime: Negotiable; air-conditioning electricity: Actual consumption as per meter. Match these against the real work schedule before deciding, because repeated overtime and cooling costs can materially change the monthly budget.
What should a tenant expect from the Grade C label at Red Building?
Red Building is positioned as Grade C. Use the grade to set initial expectations, then decide on the actual floor, total cost, lift and parking experience, operating rules and lease terms.
Want to compare with Red Building and similar buildings?GRES can send 3–5 nearby or same-grade options so you can review the shortlist before a site visit.