V Building GRADE B

Building Overview

From an independent market perspective by GRES specialists, V Building in central Hanoi stands out as a premier Grade B office choice, seamlessly combining LEED green certification with a highly synchronized technical infrastructure. Completed in 2011 with a scale of 14 storeys and 03 basements, the building offers a typical floor plate of 260 sqm/floor, professionally managed by Savills Vietnam. This is a high-quality workspace solution that enhances brand image while optimizing operational costs for businesses.

Location and Connectivity

V Building is located at the precise street-front address of 125 Ba Trieu, Hai Ba Trung Ward, Hanoi, situated right on one of the most bustling commercial corridors in the city center.

• Ba Trieu main axis: A key one-way arterial route connecting Hoan Kiem Lake directly to the southern ward of the city, ensuring smooth transit.
• Vincom Center Ba Trieu complex: Just a 2-minute commute away, offering exceptional convenience for business meetings, dining, and corporate events.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless domestic and international business travel.
• Surrounding business ecosystem: Surrounded by a dense network of major bank branches such as Techcombank and VietinBank, alongside premium restaurants and corporate cafes.

Technical Specifications and Operations

To evaluate the actual operational capacity at V Building, businesses should review the following core technical specifications:

• Scale & Floor plate: 14 storeys and 03 basements; typical floor plate of 260 sqm/floor with a column-free design to maximize desk layout efficiency.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy workspace and facilitating easy installation of plaster ceilings and office lighting.
• Elevator system: Equipped with 02 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air conditioning system: Smart Toshiba air conditioning system, allowing flexible temperature control across different work zones.
• Backup power: 100% backup power generator capacity, ensuring uninterrupted business operations during power outages.
• Parking space: 03 basement levels, adequately meeting the parking needs of both employees and visiting clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Below is a summary of the rental costs and commercial terms applicable at the building:

• Reference rent: $17 - $19 /sqm/month (subject to change depending on leased area and signing time).
• Service charge: 6 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 6.6 USD/motorbike/month.
• Car parking fee: 150 USD/car/month.
• Electricity fee: AC electricity is included in the service charge; other consumption is metered separately.
• Overtime fee (OVT): Negotiable based on actual operational requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

V Building is highly suitable for medium-sized businesses, tech firms, financial institutions, and multinational representative offices seeking a modern, energy-efficient workspace with LEED credentials and professional management by Savills Vietnam.

• Verify floor efficiency: Measure the net usable area versus the gross area to accurately plan the seating layout on the 260 sqm floor.
• Inspect parking capacity: Assess the actual capacity of the 3 basements during peak morning and lunch hours to arrange alternative parking if needed.
• Evaluate AC policy: Confirm the operational hours of the smart Toshiba AC system and the details of the AC electricity inclusion in the service charge.
• Negotiate overtime fees: Clarify the calculation method for overtime (OVT) fees if your business operates late shifts or night shifts.

Advisory Conclusion

V Building establishes itself as one of the premier Grade B office buildings in the central area, backed by excellent M&E infrastructure and professional management. To receive a detailed quotation, updated vacant areas, and schedule a physical viewing, contact GRES specialists today for comprehensive support and optimized commercial terms.