Sevin Office GRADE C

Building Overview

Located on Truong Dinh Street, Hoang Mai Ward, Hanoi, Sevin Office stands out as one of the premier cost-effective office solutions in the southern gateway of the capital. Completed in 2021 as a 4-story podium dedicated to retail and office space, the building features an expansive typical floor plate of 2,876 sqm. This is an ideal destination for businesses seeking a spacious, modern workspace while maintaining strict control over their operational budget.

Location and Connectivity

The building is situated at 609 Truong Dinh, Hoang Mai Ward, Hanoi, right on a major traffic artery connecting the southern wardt with the city center. This strategic location provides businesses with seamless access to key transport infrastructure and a vibrant commercial network.

• Truong Dinh Axis: Directly connects Giai Phong Street with Ring Road 2 and Ring Road 2.5, facilitating smooth transit to adjacent ward and southern provinces.
• Giap Bat Station: Located just 450m away, optimizing travel time for employees and partners utilizing inter-provincial public transit.
• Noi Bai International Airport: Approximately 40 minutes away via Vo Chi Cong Street or Nhat Tan Bridge, ensuring efficient business travel schedules.
• Surrounding Amenities: Surrounded by major bank branches including Agribank, VPBank, and Sacombank, alongside a rich array of restaurants and cafes within the retail podium.

Technical Specifications and Operations

Sevin Office is equipped with modern and synchronized technical infrastructure, meeting the strict operational requirements of businesses:

• Scale & Floor Plate: 04-story podium for retail and office with a typical floor plate of 2,876 sqm, offering high flexibility for various layout designs.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated and comfortable working environment.
• Elevator System: Equipped with 08 high-speed elevators to minimize waiting times during peak hours.
• Air Conditioning: Modern central air conditioning system providing consistent temperature control.
• Backup Power: 100% capacity backup generator, guaranteeing uninterrupted business operations.
• Parking: 02 spacious basement levels, fully accommodating the parking needs of both cars and motorbikes.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The building offers highly competitive rental policies with financial incentives to optimize cash flow for tenants:

• Reference Rent: $8 - $10 /sqm/month (highly competitive for such large floor plates).
• Service Charge: 2.5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/vehicle/month.
• Car Parking Fee: 1,300,000 VND/car/month.
• Electricity Consumption: Included in the service charge (covering AC electricity during standard hours, significantly reducing operating costs).
• Overtime Fee: Free of charge for non-AC usage, a major financial advantage for companies with night shifts or frequent overtime.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its massive 2,876 sqm floor plate and highly competitive rental rates, Sevin Office is perfectly suited for large-scale enterprises, technology firms, training centers, or companies requiring single-floor operations to maximize collaboration. Furthermore, the inclusion of AC electricity in the service charge and free non-AC overtime usage allows businesses to tightly manage their monthly operational cash flow.

• Floor Layout Optimization: Evaluate partitioning options to maximize the usable net area of the large floor plate.
• Parking Capacity Check: Verify the allocation of motorbike and car parking slots in the 2 basements during peak hours.
• AC Operational Plan: Discuss with building management regarding central AC operations during overtime hours.
• Retail Podium Amenities: Survey the dining and shopping options on the ground floor to support employees' daily needs.

Advisory Conclusion

Sevin Office is a prime example of cost optimization without compromising on infrastructure quality. With competitive rents, rare large floor plates in Hoang Mai, and flexible commercial terms, the building promises to deliver sustainable cash flow advantages for your business. Contact GRES specialists today to receive a detailed quote, check current availability, and schedule a site visit free of charge.