TMC Tower GRADE C

Building Overview

Officially put into operation in 2014 by Kim Khi Thang Long Joint Stock Company, TMC Tower has quickly established itself as a premier cost-effective office solution for businesses in Hai Ba Trung wardt. With a scale of 19 above-ground floors and 1 basement, the building offers an expansive typical floor plate of 800 sqm/floor, meeting professional Grade C office standards.

From a financial perspective, TMC Tower holds a distinct competitive edge due to its gross rental structure, which already includes service charges and central air conditioning electricity during standard working hours. This predictable pricing model allows tenants to easily forecast monthly operational budgets without worrying about seasonal fluctuations in utility bills.

Location and Connectivity

The building is strategically located with its main frontage at 1 Luong Yen, Hai Ba Trung Ward, Hanoi, situated at the vital junction connecting the historic city center with the eastern economic corridor.

• Luong Yen and Nguyen Khoai arterial routes: Enable rapid transit to major ring roads and direct access to Hoan Kiem wardt within minutes.
• Nearby Hotels / Shopping Malls / Parks / Hospitals: Located just 5 to 10 minutes away from Hoan Kiem Lake and Vincom Center Ba Trieu, offering excellent convenience for client receptions and corporate networking.
• Noi Bai International Airport: Approximately 35 minutes away via the Nguyen Khoai dyke road connecting to Nhat Tan Bridge or Chuong Duong Bridge.
• Surrounding utility ecosystem: The surrounding area is densely packed with major bank branches (VPBank, BIDV, Vietcombank), diverse restaurants, cafes, and essential business support services.

Technical Specifications and Operations

TMC Tower is equipped with a synchronized technical infrastructure to ensure seamless daily business operations.

• Scale & Floor plate: Comprising 19 above-ground floors and 1 basement; typical floor plate of 800 sqm with a highly functional layout that maximizes usable space.
• Ceiling height: Reaches a standard of 2.7 m, providing a spacious atmosphere and facilitating technical ceiling installations.
• Elevator system: Equipped with a high-speed Mitsubishi brand elevator system to minimize wait times during peak hours.
• Air conditioning system: Modern central air conditioning system ensuring even temperature distribution across all office areas.
• Backup power: Backup generator ensuring 100% power capacity during any grid outages.
• Parking: One basement level and surrounding the building adequately accommodate the parking needs of both employees and visitors.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

The commercial terms at TMC Tower highlight a highly optimized financial equation for medium to large-sized enterprises.

• Reference rent: $16 - $18 /sqm/month (rates may vary depending on leased area and lease commencement timing).
• Service fee: Included in the rental price.
• VAT: 10%.
• Motorbike parking fee: 110,000 VND/motorbike/month.
• Car parking fee: 1,700,000 VND/car/month.
• Electricity consumption: Central AC electricity during standard working hours is included in the service charge.
• Overtime fee (OVT): Free of charge, allowing tech, e-commerce, or logistics firms to run late-night shifts without financial penalties.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its spacious 800 sqm floor plates and free overtime policy, TMC Tower is exceptionally well-suited for IT companies, e-commerce platforms, logistics providers, or any business requiring flexible late-night operations without incurring high overhead costs.

• Real cost comparison: Compare the gross rent here with other buildings that charge high overtime fees to evaluate your actual monthly savings.
• Peak hour parking check: Inspect the actual capacity of the basement and surrounding parking areas during morning arrivals and evening departures.
• Space division efficiency: Analyze the net usable area versus gross area when planning office partitions and department layouts.
• Central AC zoning: Verify the temperature control mechanisms in specific zones to ensure a comfortable working environment for all staff.

Advisory Conclusion

TMC Tower stands out as one of the most financially attractive Grade C offices in Hai Ba Trung wardt, thanks to its smart gross pricing and free overtime policy. To receive a detailed operational cost analysis and schedule a physical viewing of the available spaces, please contact the GRES consulting team today.