BRG Tower GRADE A

Building Overview

Situated on Tran Quang Khai Street, Hoan Kiem Ward, Hanoi, BRG Tower is a prominent Grade A office building completed in 2021. Comprising 21 above-ground floors and 04 basement levels, the project is invested and directly operated by BRG Group under international standards. A key highlight of the building is its EDGE green building certification, which delivers outstanding efficiency in energy savings and optimizes actual operating costs for businesses. From a financial perspective, BRG Tower establishes a highly competitive cost-benefit ratio within the Grade A segment in central Hoan Kiem. With a typical floor plate of 700 sqm/floor, the column-free layout allows tenants to maximize net usable area, thereby reducing rental costs per employee.

Location and Connectivity

The building is located at the precise public address of 198 Tran Quang Khai, Hoan Kiem Ward, Hanoi, right in the bustling administrative and commercial core of the capital. This is a vital arterial route running along the Red River dyke, offering outstanding commercial advantages and direct connections to major diplomatic streets around Hoan Kiem Lake.

• Tran Quang Khai and Phan Chu Trinh Arteries: Creating a spacious two-frontage intersection, allowing vehicles to easily move to neighboring ward without local congestion.
• Hoan Kiem Lake and Hanoi Opera House: Located only 400m to 450m away, providing an absolute advantage in welcoming diplomatic partners and high-end clients.
• Noi Bai International Airport: Approximately 30 minutes away via Nhat Tan Bridge or Chuong Duong Bridge directly connecting to Vo Chi Cong Street.
• Surrounding Amenities Ecosystem: Concentrating a series of major bank branches such as SeABank on the 1st floor, along with supporting restaurants, 5-star hotels, and Trang Tien Plaza.

Technical Specifications and Operations

The technical infrastructure at BRG Tower is synchronously invested to ensure continuous operation and optimize cash flow for businesses.

• Scale & Floor Plate: Comprising 21 above-ground floors and 04 basement levels; typical floor plate of 700 sqm with a modern design that optimizes net usable area.
• Ceiling Height: Reaches a standard of 2.7 m, creating a well-ventilated space and optimizing natural light.
• Elevator System: Equipped with 06 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Utilizes a modern central VRV Chiller air conditioning system, maintaining stable temperatures and saving electricity consumption.
• Backup Power: 100% backup power generator, automatically activated quickly in the event of a power outage.
• Parking Lot: 04 spacious basement levels, fully meeting the parking needs of motorbikes and cars for staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below is a summary of rental costs and commercial terms applied at the building, helping businesses easily plan their operating budget:

• Reference Rent: $39 - $42 /sqm/month (rates may vary depending on leased area and lease signing time).
• Service Charge: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 250,000 VND/motorbike/month.
• Car Parking Fee: 3,200,000 VND/car/month.
• Electricity Consumption: Billed based on actual consumption via individual meters for each office.
• Overtime Fee (OVT): Negotiable based on the actual usage needs of the business.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its central administrative location and EDGE green certification, BRG Tower is particularly suitable for multinational corporations, financial institutions, banks, investment funds, and tech enterprises with strict requirements for professional workspace. To optimize the budget before signing, businesses should conduct the following practical inspections:

• Floor Space Efficiency: Measure the actual net usable area compared to the gross area to calculate the exact real rental cost per square meter of usage.
• Air Conditioning and Ventilation: Inspect the cooling performance of the VRV Chiller system in hidden corners of the office during peak hours.
• Parking Capacity: Survey the parking space in the 04 basement levels during morning and afternoon peak hours to evaluate the capacity for large staff sizes.
• Overtime Fees (OVT): Negotiate the overtime fee calculation method (by equipment or by area) if the business operates night shifts.
• Fit-out Grace Period: Clarify the rent-free period during the office fit-out phase to minimize the initial financial burden.

Advisory Conclusion

BRG Tower is one of the most valuable Grade A office options in the Hoan Kiem area, combining a prime location, EDGE-certified construction quality, and professional management from the developer. In terms of long-term financial planning, the optimization of air conditioning costs (included in the service charge) and flexible floor layouts help businesses save a significant portion of their monthly operating budget. To receive detailed quotes, the latest vacant areas, and support in negotiating the most optimal lease terms, please contact GRES consultants.