Press Club GRADE A

Building Overview

From the market analysis perspective of GRES experts, Press Club is not merely a Grade A office address in central Hoan Kiem, but a symbol of prestige tailored for international organizations, diplomatic representative offices, law firms, and high-end investment funds. With a compact scale of 7 above-ground floors and a typical floor plate of 500 sqm, the building offers absolute privacy, strict security control, and a quiet working environment, avoiding the crowdedness of massive high-rise office towers. The LEED and EDGE certifications further demonstrate the building's commitment to green and energy-efficient operational standards.

Location and Connectivity

The building is located at the prime frontage of 59A Ly Thai To, Hoan Kiem Ward, Hanoi, right on the prestigious diplomatic corridor of the capital, directly opposite the legendary Sofitel Legend Metropole hotel. This area boasts a high density of central government agencies, embassies, and major financial institutions, creating an invaluable brand presence for any business establishing its headquarters here.

• Ly Thai To traffic axis: Connects directly and quickly to central streets such as Trang Tien, Ngo Quyen, and Tran Hung Dao, optimizing inter-wardt travel time.
• Hoan Kiem Lake and Opera House: Just a 3 to 5-minute walk, providing an outstanding diplomatic advantage when hosting international partners and clients.
• Noi Bai International Airport: Approximately 40 minutes away via Nhat Tan Bridge or Vo Chi Cong route, ensuring seamless business travel schedules.
• Surrounding amenities ecosystem: Surrounded by major banks like Vietcombank, BIDV, high-end fine dining restaurants, and the Trang Tien Plaza shopping center.

Technical Specifications and Operations

The technical infrastructure at the building is synchronously designed to meet the most stringent standards of multinational corporations.

• Quy mô & Mặt bằng sàn: Features 7 above-ground floors with a typical floor area of 500 sqm/floor, optimizing net usable area efficiency.
• Chiều cao trần: Reaches a standard of 2.7 m, creating a spacious environment and facilitating technical ceiling installation.
• Hệ thống thang máy: Equipped with 02 high-speed elevators operating smoothly to minimize waiting times.
• Hệ thống điều hòa: Modern central air conditioning system, ensuring even cool air distribution and maintaining ideal temperatures.
• Điện dự phòng: 100% backup power generator capacity to support the entire building's operations during power outages.
• Giờ làm việc tiêu chuẩn: Monday to Friday (08:00 - 18:00) and Saturday (08:00 - 12:30).

Leasing Costs and Commercial Terms

Below is a summary of rental costs and commercial terms applicable at the building, subject to adjustment depending on the leased area and lease commencement date.

• Giá thuê tham khảo: Ranges from $35 - $40 /sqm/month (excluding VAT and service charges).
• Phí dịch vụ: 7 USD/sqm/month.
• Thuế VAT: 10%.
• Phí gửi xe máy: 350,000 VND/motorbike/month.
• Phí gửi ô tô: 3,500,000 VND/car/month.
• Tiền điện sử dụng: Central air conditioning electricity is included in the service charge, helping businesses significantly optimize operational costs.
• Phí làm ngoài giờ (Overtime): Complimentary, representing a major advantage for companies with late-night operational requirements.
• Thời hạn thuê tối thiểu: Minimum 3-year lease.
• Đặt cọc & Thanh toán: 3-month deposit and quarterly payment terms apply.

Suitable Tenant Profiles and Checks

With its compact 500 sqm floor plate and prestigious location, Press Club is ideal for consulting firms, law offices, investment funds, or foreign representative offices requiring high confidentiality, luxury, and a quiet working environment. However, to ensure optimal operations, businesses should pay attention to the following practical inspection points:

• Space utilization efficiency: Carefully measure the net usable area versus the gross area to plan the most efficient partition layout.
• IT infrastructure: Verify high-speed internet connectivity options and the designated location for technical server racks.
• Parking capacity: Clearly define the allocated motorbike and car parking quotas based on the leased area to arrange alternative parking for staff if needed.
• Overtime policy: Reconfirm any specific conditions associated with after-hours office usage, even though the building offers complimentary overtime.

Advisory Conclusion

Press Club asserts its unique position in Hoan Kiem wardt through a perfect blend of classic luxury architecture, professional Grade A management, and highly favorable overtime cost policies. To receive a detailed quotation, updated vacant spaces, and schedule a physical viewing, please contact GRES consulting specialists immediately.