International Centre GRADE A

From the independent market analysis of GRES specialists, International Centre is not merely a Grade A office building, but a historic commercial landmark that asserts the supreme diplomatic prestige of enterprises right in the heart of Hoan Kiem wardt.

Building Overview

Developed by the renowned Keppel Land and completed in 1995 before undergoing a comprehensive renovation in 2020, the building has achieved prestigious green certifications including LEED and Green Mark. With a scale of 8 above-ground floors and 2 basement floors, the property offers a typical floor plate of ~1000 sqm/floor, which is well-proportioned and highly optimized for actual space utilization.

The seamless blend of classic French architecture and modern technical infrastructure has enabled the building to maintain ideal occupancy rates over the decades. Direct management by the foreign developer ensures international-standard operations, satisfying the most stringent requirements of multinational corporations, financial institutions, and diplomatic representative offices.

Location and Connectivity

The building occupies a prime frontage at 17 Ngo Quyen, Hoan Kiem Ward, Hanoi, right at the strategic intersection of Ngo Quyen and Trang Tien streets, the administrative and diplomatic core of the capital. This area boasts well-developed transport infrastructure, connecting directly to key government offices and major commercial centers.

• Ngo Quyen and Trang Tien arterial routes: Enable rapid connection to Ba Dinh and Hai Ba Trung ward, with easy access to the suburbs via the Tran Quang Khai - Chuong Duong Bridge and Vinh Tuy Bridge axes.
• Hanoi Opera House and Sofitel Legend Metropole: Located adjacent to the building, providing maximum convenience for diplomatic receptions, international conferences, and hosting high-profile global partners.
• Noi Bai International Airport: Takes approximately 35-40 minutes via Vo Chi Cong or Nhat Tan Bridge, ensuring seamless travel schedules for corporate executives.
• Surrounding utility ecosystem: Features major bank branches such as Citibank, Timo Digital Bank, and DongA Bank on the ground floor, alongside premium restaurants and business cafes serving daily corporate needs.

Technical Specifications and Operations

International Centre is equipped with a synchronous and high-end technical infrastructure system, fully meeting the rigorous operational standards of an international Grade A office building:

• Scale & Floor plate: Comprises 8 above-ground floors and 2 basement floors, with a typical floor plate of ~1000 sqm/floor that can be flexibly partitioned to optimize practical workspace efficiency.
• Ceiling height: Reaches a standard of 2.7 m, providing an airy working environment and facilitating the installation of technical ceilings.
• Elevator system: Equipped with 2 high-speed passenger elevators and 1 dedicated service elevator, minimizing waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing cool air evenly across workspaces while optimizing energy efficiency.
• Backup power: A backup generator ensuring 100% power capacity to maintain continuous operations during any power grid failures.
• Parking: An area across 2 basement floors and surrounding premises, fully accommodating the motorbike and car parking needs of staff and clients.
• Standard working hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:30 PM).

Leasing Costs and Commercial Terms

The leasing policy and operating costs at the building are evaluated by GRES as highly competitive compared to other developments in the central business wardt:

• Reference rent: Ranging from $30 - $40 /sqm/month (rates may vary depending on the leased area and lease commencement date).
• Service charge: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 5.5 USD/motorbike/month.
• Car parking fee: 122 USD/car/month.
• Electricity charges: Air conditioning electricity is included in the service charge; other consumption is billed based on actual sub-meter readings.
• Overtime fee (OVT): Negotiable based on the specific operational requirements of the enterprise.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its prestigious location and international operational standards, International Centre is the ideal choice for multinational corporations, financial and banking institutions, diplomatic representative offices, and large enterprises seeking to assert a strong brand presence. To ensure a smooth office design and relocation process, businesses should note the following practical site survey points:

• Space planning layout: Take advantage of the well-proportioned ~1000 sqm floor plate to design open-plan layouts, maximizing seating capacity and natural light.
• Parking capacity: Survey the actual allocation of car and motorbike parking spaces relative to the leased area to arrange alternative parking solutions nearby if headcount is large.
• M&E and HVAC systems: Inspect the locations of technical connection points and clarify policies regarding air conditioning supply outside standard working hours.
• Fit-out policy: Clarify the rent-free period allowed for office setup and the building's fire safety (PCCC) compliance regulations.

Advisory Conclusion

International Centre asserts its unique position as an international-standard Grade A office building in the heart of Hoan Kiem. The combination of a prime location, prestigious management by Keppel Land, and flexible leasing policies is the key to elevating corporate brand value and optimizing long-term operational efficiency. Contact GRES specialists today to receive a detailed quotation, the latest vacant space updates, and a complimentary site survey.