Toà Báo Tiền Phong GRADE C

Building Overview

Planning an optimal workspace for a team of 15 to 30 employees requires a smart solution that perfectly balances a central location with realistic operating costs. Toà Báo Tiền Phong is a Grade C office building with 8 stories and 1 basement level, offering high spatial efficiency thanks to its square layout and minimal columns. The most significant financial advantage is the gross rent policy (inclusive of service fees), which allows businesses to easily manage fixed monthly cash flows without worrying about unexpected management charges.

Location and Connectivity

Toà Báo Tiền Phong is located at 15 Ho Xuan Huong, Hai Ba Trung Ward, Hanoi, a peaceful, tree-lined street that nevertheless boasts exceptionally strong commercial connectivity.

• Quang Trung and Ba Trieu Streets: Enable businesses to quickly connect to Hoan Kiem wardt, Dong Da wardt, and other key adjacent areas.
• Thien Quang Lake and Thong Nhat Park: Located less than a 3-minute walk away, offering refreshing views, clean air, and an ideal setting for relaxation or diplomatic meetings.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth schedules for welcoming international experts.
• Surrounding Amenities: Home to numerous major bank branches such as BIDV, MSB, and VIB, alongside premium restaurants and cafes catering to daily business entertainment needs.

Technical Specifications and Operations

The building is equipped with synchronized infrastructure to ensure continuous operational efficiency for businesses.

• Scale & Floor Plate: Features 8 stories and 1 basement level, with a typical floor plate of 210 sqm that can be flexibly partitioned.
• Ceiling Height: Reaches a standard of 2.65 m, creating a spacious and comfortable working environment.
• Elevator System: Equipped with 2 high-speed elevators operating smoothly to minimize waiting times during peak hours.
• Air Conditioning: Modern central air conditioning system, distributing temperature evenly across the floor.
• Backup Power: Backup generator ensuring 100% power capacity in the event of a grid outage.
• Parking: Parking available on 1 basement level and surrounding the building to meet staff parking needs.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 1:00 PM.

Leasing Costs and Commercial Terms

Financial policies at the building are highly transparent and competitive within the central office segment.

• Reference Rent: $13 - $15 /sqm/month (Subject to change based on leased area and lease timing).
• Service Fee: Included in rent, optimizing fixed operating budgets.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: Parking available near the building according to the actual rates of nearby parking lots.
• Electricity Fee: Actual consumption as per meter for each office.
• Overtime Fee (OVT): Negotiable based on actual usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its reasonable gross rent and central location, the building is an optimal choice for small and medium-sized enterprises (SMEs), representative offices, or tech and service companies that need a prestigious business address on a budget. However, tenants should pay attention to several practical points during site inspection.

• Car Parking Options: Since the building has a limited basement, businesses should carefully survey nearby car parks to secure slots for directors and partners.
• Floor Efficiency: Carefully measure the net usable area versus the gross area to plan the most efficient desk layout.
• Overtime Agreements: If your business frequently works late, clearly negotiate overtime (OVT) fees in the contract to avoid unexpected high costs.
• Air Conditioning System: Check the ability to adjust temperatures independently in different zones to ensure employee comfort.

Advisory Conclusion

Toà Báo Tiền Phong is one of the few Grade C office buildings in central Hanoi that successfully solves the problem of optimizing operating costs while maintaining a prestigious business location. The gross rent policy inclusive of service fees provides a solid financial foundation for long-term growth. To receive the latest vacant spaces and secure the best lease terms, contact GRES specialists today to schedule a site visit.