Sapphire Building GRADE C

Building Overview

Managed and operated by a professional team, Sapphire Building delivers an optimized workspace solution with outstanding cost efficiency in the heart of the city. Rising 09 office floors with 01 basement, this Grade C building features a typical floor plate of 200 sqm. It represents an ideal leasing option for businesses seeking a professional working environment that minimizes financial burdens while maintaining a highly prestigious corporate image.

The square-shaped floor plan with minimal columns optimizes usable area (net internal area), allowing tenants to flexibly arrange departments and maximize seating density. Synchronized technical infrastructure and attentive management services ensure a stable and professional working environment for all tenants.

Location and Connectivity

Sapphire Building is strategically located at 163 Ba Trieu, Hai Ba Trung Ward, Hanoi, one of the most bustling commercial streets with premier connectivity in the central business wardt.

• Ba Trieu Street: A key one-way arterial route that connects directly from Hoan Kiem wardt to the southern area of the city, intersecting major streets such as Doan Tran Nghiệp, To Hien Thanh, Bui Thi Xuan, and Hai Ba Trung.
• Vincom Center Ba Trieu: Less than a 3-minute drive away, offering great advantages for welcoming partners, hosting clients, and organizing important diplomatic meetings or conferences.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, facilitating convenient travel for executives and foreign experts.
• Surrounding Amenities Ecosystem: Highly concentrated with major bank branches (Vietcombank, BIDV, Techcombank), restaurants, office cafes, and administrative offices, fully satisfying the daily transaction and dining needs of employees.

Technical Specifications and Operations

Sapphire Building is well-equipped with synchronized technical systems to ensure continuous and safe operations for businesses:

• Scale & Floor Plate: Consists of 09 office floors and 01 basement, with a typical floor plate of 200 sqm that can be flexibly partitioned.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy atmosphere and maximizing natural light.
• Elevator System: Equipped with 02 high-speed Mitsubishi elevators, ensuring smooth operation and minimizing waiting times during peak hours.
• Air Conditioning System: Modern ceiling-mounted air conditioning system, distributing temperature evenly and saving energy.
• Backup Power: A backup generator ensuring 100% power capacity of the building in the event of a grid failure.
• Parking: 01 basement level and outdoor parking space satisfy the motorbike and car parking demands of staff and visiting clients.
• 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

With a focus on optimizing cash flow for tenants, Sapphire Building offers highly competitive and transparent leasing terms:

• Reference Rent: Approximately $11 - $13 /sqm/month (rates may vary depending on the leased area and lease commencement date).
• Service Fee: Included in rent, allowing businesses to easily manage their fixed monthly budget.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: Parking at designated spots near the building with costs based on actual parking operator rates.
• Electricity Consumption: Calculated based on actual consumption from individual office meters.
• Overtime Fee (OVT): Subject to flexible negotiation between both parties based on actual operational needs.
• Minimum Lease Term: Minimum 3-year lease to ensure operational stability for the business.
• Deposit & Payment: 3-month deposit and quarterly payments.

Suitable Tenant Profiles and Checks

Sapphire Building is perfectly suited for small and medium-sized enterprises (SMEs), representative offices, IT companies, financial firms, or businesses that prioritize a central address but require maximum operational cost optimization.

• Verify Usable Area: Carefully measure the net usable area versus the gross area to plan the most efficient interior layout and desk arrangement.
• Assess Peak-Hour Parking: Determine the actual parking needs of your staff to proactively secure nearby car parking spaces.
• Negotiate Overtime Fees: Clarify your after-hours work frequency to secure the most favorable OVT terms in the lease agreement.
• Evaluate Cooling Capacity: Assess the ceiling-mounted AC system to ensure it provides sufficient cooling for high-density work areas or server rooms.

Advisory Conclusion

Sapphire Building offers a highly cost-effective financial solution for businesses wishing to establish a prestigious office address on Ba Trieu Street without facing heavy financial pressure. The combination of a central location, reasonable rent, and professional management creates a strong competitive advantage for the building in the Grade C segment. To receive the latest vacant space updates and secure the best lease terms, please contact GRES specialists for free consultation and site surveys.