VPBank 362 Phố Huế GRADE C

Building Overview

Planning an optimal workspace for a team of 30 to 50 employees on a medium-sized floor plate requires a rigorous balance between commercial location and actual operational costs. VPBank 362 Phố Huế is a prominent Grade C office building for lease in the central area of Hai Ba Trung wardt. Comprising 7 basements and 1 above-ground floor, the building offers a typical floor plate of 430 sqm/floor, developed and directly managed by Thinh Dien Company Limited. This is an optimal solution for businesses seeking a professional working environment with high space utilization efficiency and a prestigious commercial frontage on one of the capital's busiest thoroughfares.

Location and Connectivity

The building is located at 362 Hue Street, Hai Ba Trung Ward, Hanoi, situated directly on a bustling commercial axis that connects the historic Hoan Kiếm core with the southern ward of the city. Pho Hue street is well-known for its high density of commercial activities, major bank branches, fashion boutiques, and premium services, facilitating seamless business transactions.

• Pho Hue - Hang Bai - Bach Mai axis: A backbone route directly connecting Hoan Kiem wardt to Hai Ba Trung wardt and the southern ring roads, ensuring smooth commuting for employees and partners.
• Vincom Ba Trieu Shopping Mall & Hotels: Located less than 5 minutes away, offering a significant advantage for hosting diplomatic partners and organizing important corporate events.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong or Nhat Tan Bridge, ensuring convenient international connectivity for businesses with foreign experts.
• Surrounding business ecosystem: Surrounded by a dense network of major banks such as VPBank, Techcombank, Vietinbank, along with diverse restaurants and business cafes for daily networking.

Technical Specifications and Operations

To evaluate the compatibility of the technical infrastructure with actual operational needs, businesses should note the following core specifications:

• Scale & Floor plate: Comprising 7 basements and 1 above-ground floor; typical floor plate of 430 sqm/floor with flexible partition options.
• Ceiling height: Reaches a standard 2.65 m, providing a spacious feel for the office environment.
• Elevator system: Equipped with 2 high-speed Mitsubishi elevators, ensuring smooth operation and minimizing waiting time during peak hours.
• Air conditioning system: Central air conditioning system, distributing temperature evenly across the floor.
• Backup power: Equipped with a backup generator that meets 100% of operational capacity during power grid failures.
• Parking: 1 basement level to accommodate motorbikes for staff.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 1:00 PM.

Leasing Costs and Commercial Terms

The budget allocation and commercial terms applied at the building are specified as follows:

• Reference rent: $13 -$14 /sqm/month (rates may vary depending on the leasing time and actual leased area).
• Service charge: 4.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: Complimentary for a certain number of vehicles, based on leased area.
• Car parking fee: Off-site parking available near the building.
• Electricity consumption: Air conditioning electricity is already included in the service charge.
• Overtime fee (OVT): Negotiable based on the actual operational needs of the business.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is highly suitable for small and medium-sized enterprises (SMEs), financial institutions, technology firms, or representative offices requiring an easy-to-locate, highly visible commercial address in the city center. Before signing the lease contract, businesses should conduct a physical inspection of the following items:

• Verify net usable area: Measure the net usable area versus the gross area to optimize office layout and desk arrangements.
• Assess peak-hour parking capacity: Evaluate the actual capacity of the basement and the distance to nearby car parking lots to prepare for staff and client needs.
• Confirm complimentary motorbike quota: Clarify the exact number of free motorbike parking spaces allocated to your leased area in the contract.
• Negotiate overtime fees: Agree on the overtime fee calculation method if your business frequently operates late or in night shifts.

Advisory Conclusion

VPBank 362 Phố Huế is one of the Grade C office options that offers the most outstanding commercial location advantages in Hai Ba Trung wardt at highly reasonable operational costs. The combination of a bustling street frontage, synchronized technical systems, and flexible leasing policies provides a solid foundation for long-term business growth. To receive a detailed quotation, updated vacant areas, and schedule a physical viewing, please contact GRES consulting specialists immediately.