Red Building GRADE C

Building Overview

From the market analysis perspective of a GRES specialist, Red Building stands out as a highly efficient Grade C office building in the central wardt. Comprising 14 above-ground floors and 1 basement floor, the building offers a typical floor plate of 200 sqm. This is an optimal leasing solution for small and medium-sized enterprises looking to establish their brand presence in a bustling urban core while maintaining strict control over monthly fixed overheads.

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

Red Building is equipped with synchronized technical infrastructure designed to maximize operational efficiency and ensure business continuity.

• 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

The leasing policy at the building is highly competitive and transparent, helping businesses easily balance their operational cash flow.

• 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.