Gelex Tower GRADE A

Building Overview

From an independent market analysis perspective by GRES specialists, Gelex Tower at 27-29 Ly Thai To is one of the newest Grade A office projects in the heart of Hoan Kiem Ward, scheduled for completion in 2025. Rising 08 above-ground floors and 04 basement levels, this building is positioned in the premium segment, integrating modern office spaces with international commercial and hotel complexes. This is an ideal address for large corporations, financial institutions, and international organizations seeking a prestigious office to assert their brand position in the capital's core wardt.

Location and Connectivity

The building is located at the prime front address of 27-29 Ly Thai To, Hoan Kiem Ward, Hanoi, right at the intersection of two bustling central streets, Ly Thai To and Tran Nguyen Han. This is the historical and diplomatic core of the city, featuring synchronous transport infrastructure and exceptional connectivity.

• Ly Thai To and Tran Nguyen Han Streets: Directly connect to the arterial roads of the city center, making travel to neighboring areas extremely convenient and rapid.
• Hoan Kiem Lake and central landmarks: Just a short walk to Hoan Kiem Lake, the Opera House, Trang Tien Plaza, and Hanoi's Old Quarter, offering a great advantage for welcoming diplomatic partners and VIP clients.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street or Nhat Tan Bridge, ensuring seamless international business travel schedules.
• Surrounding utility ecosystem: Surrounded by a dense network of major banks, central government offices, high-end restaurants, and international 5-star hotels, perfectly meeting all transaction and reception needs.

Technical Specifications and Operations

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

• Scale & Floor plate: Designed with 08 above-ground floors and 04 basement levels, providing an expansive typical floor plate of 1500 sqm/floor, allowing flexible layout arrangements and optimizing contiguous workspace.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy space and optimizing natural light for the entire office.
• Elevator system: Equipped with 06 high-speed elevators, ensuring rapid circulation and minimizing waiting time during peak hours.
• Air conditioning system: Utilizes a modern central air conditioning system, maintaining stable temperatures and high energy efficiency.
• Backup power: Equipped with a backup generator meeting 100% capacity of the building's operations in case of power outages.
• Parking space: 04 spacious basement levels, thoroughly solving the parking issue for all employees and visiting clients.
• Standard working hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:03 PM).

Leasing Costs and Commercial Terms

The basic financial and commercial terms of the building are applied as follows:

• Reference rental price: Flexibly applied based on the leased area and market timing.
• VAT: 10%.
• Minimum lease term: Minimum 3 years.
• Deposit & Payment: A 3-month deposit and quarterly payment terms apply.

Suitable Tenant Profiles and Checks

Gelex Tower is particularly suitable for multinational corporations, financial institutions, banks, investment funds, and large-scale technology enterprises that require spacious, contiguous workspaces on a large floor plate of 1500 sqm. Before entering into a lease agreement, businesses should conduct a practical survey based on the following inspection criteria:

• Floor layout survey: Evaluate layout options on the 1500 sqm floor plate to optimize actual usable area.
• Parking capacity check: Determine the actual number of motorcycle and car parking spaces allocated in the 04 basements for the company's staff scale.
• Air conditioning assessment: Survey the ability to divide cooling zones by department to ensure the best operational efficiency.
• Handover terms negotiation: Clarify whether the handover is raw or includes finished ceilings and floors to calculate initial interior design costs.

Advisory Conclusion

Gelex Tower stands as one of the newest Grade A office icons in central Hoan Kiem, delivering outstanding brand positioning value for leading enterprises. With its modern design, large floor plates, and prime location, the building promises to be a solid launchpad for long-term corporate growth. Contact GRES specialists today to receive the latest vacant space information and to be supported with a completely free site survey.