LPB Tower GRADE A

Building Overview

Planning an optimal workspace for 100 to 150 staff on a single floor plate requires careful calculation of both actual usable area and monthly operational cost efficiency. LPB Tower is the perfect answer to this challenge in the heart of Hoan Kiem wardt. Completed in 2018 by the developer CTCP Tap doan ThaiGroup and managed by CBRE Vietnam, this Grade A office building delivers international-standard premium office spaces with LEED and Green Mark green certifications.

With a scale of 22 stories and 4 basement levels, LPB Tower features a typical floor plate of 1200 sqm. The regular, column-free floor design allows businesses to maximize net usable area, minimizing space wastage compared to traditional wall-center measurements, thereby optimizing desk layouts and enhancing cash flow efficiency per leased square meter.

Location and Connectivity

LPB Tower is strategically located with two prominent street fronts at 17 Tong Dan - 210 Tran Quang Khai, Hoan Kiem Ward, Hanoi, right on the arterial route known as the financial hub of the capital.

• Tran Quang Khai and Tong Dan arterial roads: Provide quick and flexible connectivity to neighboring ward such as Hai Ba Trung, Ba Dinh, and Long Biên via Chuong Duong and Vinh Tuy bridges.
• Hoan Kiem Lake and Hanoi Opera House: Just a 3 to 5-minute walk (approx. 300m - 500m), offering ideal conditions for external relations, hosting VIP partners and clients in the core center.
• Noi Bai International Airport: Approximately 35 to 40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless travel schedules for corporate executives.
• Surrounding business ecosystem: Surrounded by prestigious 5-star hotels like Sofitel Legend Metropole and Hilton Hanoi Opera, along with a dense network of major bank branches, premium restaurants, and business cafes.

Technical Specifications and Operations

The technical infrastructure at LPB Tower is comprehensively invested to international standards to ensure the highest operational efficiency for tenants.

• Scale & Floor plate: 22 stories and 4 basement levels; typical floor plate of 1200 sqm/floor, regular and easy to partition flexibly.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy working environment and optimizing lighting systems.
• Elevator system: Equipped with 9 high-speed Hyundai brand elevators, minimizing waiting times during peak hours.
• Air conditioning system: Modern Chiller central air conditioning system operating smoothly, maintaining stable temperatures and saving energy.
• Backup power: 100% capacity backup generator, ensuring uninterrupted business operations.
• Parking: Parking available across 4 basement levels, thoroughly solving the parking needs of all employees and visiting clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial perspective, LPB Tower offers an optimized budget plan thanks to its policy of including air conditioning electricity in the service charge during standard working hours and flexible commercial terms.

• Reference rental price: $34 - $36 /sqm/month (highly competitive for a green-certified Grade A building in Hoan Kiem).
• Service charge: 7 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 240,000 VND/motorbike/month.
• Car parking fee: 3,500,000 VND/car/month.
• Electricity consumption: Billed based on actual consumption via separate meters; air conditioning electricity is already included in the service charge during standard working hours.
• Overtime fee (OVT): Negotiable based on leased area and actual business requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its Grade A status and LEED/Green Mark certifications, LPB Tower is ideal for multinational corporations, financial institutions, banks, and large-scale technology firms looking to establish a strong brand presence in central Hanoi. To ensure optimal operational cash flow, businesses should pay attention to the following on-site checklist:

• Verify space efficiency: Carefully measure the ratio of net usable area (where desks are actually placed) to the gross area stated in the lease contract to calculate the true cost per head.
• Assess peak-hour parking capacity: Evaluate the actual capacity of the 4 basement levels during morning and afternoon peak hours to ensure convenience for staff and clients.
• Negotiate overtime fees (OVT): For businesses requiring night shifts or continuous server operations, clarify OVT rates and calculation methods during the lease negotiation phase.
• Evaluate the Chiller AC system: Confirm the zoning and temperature control mechanisms to optimize energy costs outside of standard working hours.

Advisory Conclusion

LPB Tower is not only a symbol of modern and sustainable architecture in Hoan Kiem wardt but also a smart financial investment for businesses aiming for long-term growth. The combination of a prime location, international-standard management by CBRE, and transparent cost policies helps optimize operational cash flow in the most efficient manner. Contact GRES consulting specialists today to receive a detailed quotation, the latest vacant space updates, and support for a free site survey.