Tòa nhà CTCPXD số 1 HN GRADE C

Building Overview

Located on Quang Trung street, Hai Ba Trung Ward, Hanoi, CTCPXD No 1 HN Building is one of the Grade C office options offering top-tier cost optimization in the central wardt. Comprising 14 above-ground floors and 2 basements, the building provides a typical floor plate of 321 sqm/floor, delivering a flexible and highly efficient workspace. From a financial perspective, this is a smart budget allocation strategy for businesses that want to secure a prestigious central address while strictly controlling operational cash flow, thanks to reasonable rental rates and a highly favorable complimentary overtime policy.

Location and Connectivity

The building is situated at 59 Quang Trung, Hai Ba Trung Ward, Hanoi, boasting an open facade directly facing Thien Quang Lake, creating an inspiring workspace with scenic views in the heart of Hanoi. Quang Trung Street is a spacious one-way street with smooth traffic flow, making it highly convenient for business transactions and client welcoming.

• Quang Trung, Tran Nhan Tong, and Le Duan Streets: Provide quick connections to Hoan Kiem, Ba Dinh, and Dong Da ward, facilitating easy travel for employees and clients.
• Thien Quang Lake and Thong Nhat Park: Located just a few steps away, offering green open spaces that enhance the working environment and employee well-being.
• Noi Bai International Airport: Accessible within 35-40 minutes via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless business travel.
• Surrounding Amenities: Surrounded by major bank branches, local restaurants, and office cafes, fully catering to daily dining and client reception needs.

Technical Specifications and Operations

CTCPXD No 1 HN Building is equipped with standard technical infrastructure to ensure continuous business operations:

• Scale & Floor Plate: Comprising 14 above-ground floors and 2 basements; typical floor plate of 321 sqm/floor with a regular layout for easy partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, providing a spacious and comfortable working environment.
• Elevator System: Equipped with 2 high-speed elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing cool air evenly across the floor.
• Backup Power: 100% backup power generator to guarantee uninterrupted operations during power outages.
• Parking: Parking area in 2 basements, accommodating the parking needs of both motorbikes and cars.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial perspective, the building offers a highly competitive and transparent cost structure, helping businesses optimize their operational cash flow:

• Reference Rent: $16 - $17 /sqm/month (highly competitive for a central location).
• Service Fee: Included in rent, allowing businesses to easily plan a fixed monthly budget.
• VAT: 10%.
• Motorbike Parking Fee: 170,000 VND/motorbike/month.
• Car Parking Fee: 1,700,000 VND/car/month.
• Electricity Charges: Actual consumption as per meter for each office.
• Overtime Fee (OVT): Complimentary, which represents a massive financial advantage for companies with frequent late-night operations.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its cost advantages and central location, the building is perfect for small to medium businesses (SMEs), IT firms, securities companies, or representative offices looking to optimize budgets while maintaining a prestigious business address in Hai Ba Trung Ward.

• Check Parking Capacity: Assess the actual parking space in the 2 basements during peak hours to plan for alternative parking nearby if headcount is large.
• Measure Usable Area: Determine the net usable area versus the gross area to optimize office layout and desk arrangements.
• Evaluate Central AC Performance: Test the cooling efficiency in corner zones before starting interior fit-out works.
• Negotiate Payment Terms: Leverage the quarterly payment cycle to balance working capital effectively.

Advisory Conclusion

CTCPXD No 1 HN Building at 59 Quang Trung is an excellent office solution in the Grade C segment, perfectly balancing a central location with minimal operating costs. The complimentary overtime policy combined with rent inclusive of service fees provides an absolute financial edge for businesses. Contact GRES today to receive detailed quotes, the latest vacant space updates, and a complimentary site survey.