Tungshing Square GRADE B

2 Ngo Quyen, Hoan Kiem Ward, Hanoi

Tungshing Square is a Grade B office building at 2 Ngo Quyen, Hoan Kiem Ward, Hanoi. Indicative rent: $18 - $20 /SQM. Typical floor area: 700 sqm/floor. Scale: Comprising 15 above-ground floors and 02 basement floors.

Building specifications

InvestorCông ty TNHH FTC Tung Shing
ManagementLeonidas Management Co., Ltd.
Building gradeGrade B
CertificationEDGE
ScaleComprising 15 above-ground floors and 02 basement floors
Typical floor area700 sqm/floor
Ceiling height2.7 m
Air conditioningModern central air conditioning system
Elevators02 Mitsubishi elevators
Backup power100% backup power generator capacity
Parking02 basement levels and surrounding the building
Working hoursMonday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM

Cost details

Rent$18 - $20 /SQM
Service charge7 USD/sqm/month
VAT10%
Motorcycle parking300,000 VND/vehicle/month
Car parking3,500,000 VND/vehicle/month
Cooling electricityIncluded in service charge
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate office spaceSketch the right space range from headcount, working style, and growth plans.Estimate suitable space
Estimate lease costBring rent, service charge, VAT, lease term, and operating inputs into one practical budget view.Estimate lease budget
Estimate fit-out costSet an initial fit-out budget from the office area and expected investment level.Estimate fit-out budget

Available space

Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.

GRES is reviewing suitable floor options for this building.

Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.

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More information

Building Overview

Tungshing Square — Tổng quan / Giới thiệu

Featuring the EDGE green building certification alongside a structure of 15 above-ground floors and 02 basement floors, Tungshing Square establishes a sustainable and energy-efficient operational standard right in the heart of Hoan Kiem. Specially designed for premium office use, the building offers a generous total leasable area with a typical floor plate of 700 sqm/floor. The combination of modern architecture and international-standard technical infrastructure optimizes the actual usable space, minimizes wall-to-wall area loss, and enhances operational efficiency for large-scale enterprises.

Location and Connectivity

The building is located at the prime frontage of 2 Ngo Quyen, Hoan Kiem Ward, Hanoi, situated on one of the most bustling commercial and diplomatic streets in the heart of the capital. This area gathers a series of major financial institutions, banks, and international organizations, creating favorable conditions for trade and strengthening corporate brand positioning.

  • Ngo Quyen main street: Direct and rapid connection to key arterial routes such as Ly Thai To, Tran Quang Khai, and Hai Ba Trung, facilitating seamless travel to neighboring areas.
  • Hoan Kiem Lake and Hanoi Opera House: Only a 3-5 minute walk away, offering a significant advantage for hosting partners and organizing high-level diplomatic events.
  • Noi Bai International Airport: Approximately 30-35 minutes away via Tran Quang Khai street connecting to Nhat Tan Bridge or Chuong Duong Bridge.
  • Surrounding utility ecosystem: Located close to major bank branches (Vietcombank, BIDV), the 5-star Metropole Hotel, and a premium network of restaurants and office cafes to serve daily business hospitality needs.

Technical Specifications and Operations

To address the practical operational challenges of enterprises regarding energy efficiency and space utilization, Tungshing Square is equipped with a synchronized technical system:

Tungshing Square — Kỹ thuật / Vận hành / Tiện ích
  • Quy mô & Mặt bằng sàn: Comprising 15 above-ground floors and 02 basement floors; a typical floor plate of 700 sqm/floor designed with a square layout and minimal columns to maximize usable net area.
  • Chiều cao trần: Reaches a standard of 2.7 m, providing an airy working environment and allowing easy installation of technical ceiling systems.
  • Hệ thống thang máy: Equipped with 02 high-speed Mitsubishi elevators, ensuring rapid transit during peak hours.
  • Hệ thống điều hòa: Modern central air conditioning system, ensuring even temperature distribution and energy savings.
  • Điện dự phòng: 100% backup power generator capacity, ensuring business continuity during power grid failures.
  • Bãi đỗ xe: 02 basement levels and surrounding the building, fully meeting the parking needs of employees and clients.
  • Giờ làm việc tiêu chuẩn: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below are the financial parameters and lease terms compiled directly by GRES from the building management:

Tungshing Square — Thương mại / Giá thuê / Phù hợp
  • Giá thuê tham khảo: $18 - $20 /sqm/month (rates may vary depending on the leased area and floor location).
  • Phí dịch vụ: 7 USD/sqm/month.
  • Thuế VAT: 10%.
  • Phí gửi xe máy: 300,000 VND/motorbike/month.
  • Phí gửi ô tô: 3,500,000 VND/car/month.
  • Tiền điện sử dụng: Included in service charge (including air conditioning electricity during standard working hours).
  • Phí làm ngoài giờ (Overtime): Negotiable based on the actual operational needs of the enterprise.
  • Thời hạn thuê tối thiểu: Minimum 3-year lease.
  • Đặt cọc & Thanh toán: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is particularly suited for international corporations, financial institutions, banks, investment funds, and large technology firms looking to establish a professional, sustainable office presence in central Hanoi.

  • Tỷ lệ diện tích thông thủy: Physically measure the actual usable area (net area) versus the gross area to accurately calculate staff density on the floor.
  • Công suất bãi đỗ xe giờ cao điểm: Assess the actual availability of car and motorbike parking spaces in the basement and surrounding areas during morning and early afternoon rush hours.
  • Hệ thống điều hòa ngoài giờ: Clarify the overtime (OVT) fee structure and central AC operation mechanism when working late.
  • Khả năng chịu tải sàn và bố trí cơ điện: Evaluate the placement of server racks and dedicated IT rooms to ensure compatibility with the building's overall technical system.

Advisory Conclusion

Tungshing Square stands out as one of the most optimal Grade B+ office choices in Hoan Kiem wardt, thanks to its EDGE green certification that guarantees long-term operational cost savings and its prestigious commercial location. To receive detailed information on vacant spaces, actual rental cost calculations, and professional negotiation support for the best commercial terms, please contact GRES specialists for comprehensive and objective assistance.

Office space for lease at Tungshing Square

Address2 Ngo Quyen, Hoan Kiem Ward, Hanoi
Building scaleComprising 15 above-ground floors and 02 basement floors
Typical floor area700 sqm/floor
Indicative rent$18 - $20 /SQM
Contact098 197 85 08info@gres.vn

Location map

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Frequently asked questions

What can the EDGE certification at Tungshing Square add beyond image?
Tungshing Square holds EDGE. This can be useful for ESG reporting, supplier requirements and workplace commitments; confirm the certificate scope and validity so the business can use it with confidence.
Beyond rent, which costs matter at Tungshing Square?
Indicative rent is $18 - $20 /SQM; service charge 7 USD/sqm/month; VAT 10%. Compare the full monthly occupancy cost for the exact area, especially if the team uses parking or works after hours.
What kind of office plan suits the floor plate at Tungshing Square?
The typical floor is 700 sqm/floor. A requirement close to a full floor can give the tenant better control of access and layout. A smaller requirement should be checked for subdivision, shared access and usable area.
Which alternatives are worth viewing alongside Tungshing Square?
A practical comparison set is BIDV Tower, Gelex Tower, Leadvisors Place. View them against the same brief—usable area, total cost, commute, parking and operating terms—rather than assuming the nearest or same-grade building is automatically better.
What should the team check first during a tour of Tungshing Square?
Prioritise whether the floor can be divided as required, lift waiting time at peak hour, the tenant's actual parking allocation, after-hours access and charges, the certificate scope and validity. Bring the real team brief and ask for answers on the exact floor, so the visit leads to a decision rather than another general tour.
What does the scale of Tungshing Square mean in day-to-day use?
Tungshing Square is comprising 15 above-ground floors and 02 basement floors. For a tenant, this is a cue to check peak-hour traffic, visitor wayfinding, goods movement and move-in logistics on the actual floor.
What does the lift setup at Tungshing Square mean at peak times?
Tungshing Square has 02 Mitsubishi elevators across comprising 15 above-ground floors and 02 basement floors. The specification is useful, but the real test is waiting time: visit around arrival or lunch time and check lift zoning, access control and goods movement.
What should an after-hours team know about Tungshing Square?
The practical terms are building hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM; overtime: Negotiable; air-conditioning electricity: Included in service charge. Match these against the real work schedule before deciding, because repeated overtime and cooling costs can materially change the monthly budget.
Want to compare with Tungshing Square and similar buildings?GRES can send 3–5 nearby or same-grade options so you can review the shortlist before a site visit.
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