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 /m². 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 /m²
Service charge7 USD/sqm/month
VAT10%
Motorcycle parking300,000 VND/motorbike/month
Car parking3,500,000 VND/car/month
Cooling electricityIncluded in service charge
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate spaceEstimate lease costEstimate fit-out cost

Available space

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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.

Location map

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Frequently asked questions

What is the rent at Tungshing Square?
Indicative rent at Tungshing Square is $18 - $20 /m². Service charge, VAT, and commercial terms should be checked against the required area and leasing date.
Where is Tungshing Square located?
Tungshing Square is located at 2 Ngo Quyen, Hoan Kiem Ward, Hanoi.
What grade is Tungshing Square?
Tungshing Square is classified as Grade B.
Who are the investor and manager of Tungshing Square?
Investor: Công ty TNHH FTC Tung Shing. Management: Leonidas Management Co., Ltd..
What are the scale and typical floor area at Tungshing Square?
Scale: Comprising 15 above-ground floors and 02 basement floors. Typical floor area: 700 sqm/floor.
What technical systems does Tungshing Square provide?
Air conditioning: Modern central air conditioning system. Elevators: 02 Mitsubishi elevators. Backup power: 100% backup power generator capacity.
Does Tungshing Square provide parking?
Published parking information: 02 basement levels and surrounding the building.
What are the working hours and lease terms at Tungshing Square?
Working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM. Minimum lease term: Minimum 3-year lease.
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