Fafim Building GRADE C

Building Overview

From the independent market perspective of GRES specialists, Fafim Building stands out as one of the most optimal Grade C office choices in the Nguyen Trai area, thanks to its newly completed status in 2023. With a scale of 06 above-ground floors and a typical floor plate of 320 sqm/floor, the building perfectly addresses the need for a modern, professional workspace while maintaining a highly reasonable budget for growing enterprises. The prominent advantage of the building lies in the balance between new construction quality and operational costs. Compared to older Grade C buildings in the area that often suffer from degraded technical systems, Fafim Building offers a smoother operational experience with synchronized infrastructure, a modern central air conditioning system, and 03 high-speed elevators.

Location and Connectivity

Fafim Building is located at 19 Nguyen Trai, Khuong Dinh Ward, Ha Noi, a strategic border area between Dong Da and Thanh Xuan ward. Positioned right on the city's main arterial road, the building possesses outstanding traffic connectivity, allowing businesses to easily reach clients and partners.

• Nguyen Trai arterial road: Directly connects to the Nga Tu So intersection, linking quickly to Tay Son, Truong Chinh, Duong Lang, and Ha Dong areas.
• Royal City complex: Situated right next door, offering a major advantage for external relations, client receptions, and access to high-end services.
• Noi Bai International Airport: Approximately 35-40 minutes away via the Ring Road 2 elevated highway and Nhat Tan Bridge, ensuring seamless business travel.
• Surrounding utility ecosystem: Surrounded by major bank branches such as BIDV, MB Bank, and Vietcombank, along with various restaurants and cafes for daily business meetings.

Technical Specifications and Operations

The building is equipped with synchronized infrastructure according to professional office standards, ensuring maximum working efficiency.

• Scale & Floor plate: Designed with 06 above-ground floors and a typical floor plate of 320 sqm/floor with flexible partitioning capabilities.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy space and optimizing natural light.
• Elevator system: Equipped with 03 high-speed elevators, minimizing waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing temperature evenly and saving energy.
• Backup power: 100% backup power generator capacity to ensure continuous operations during power outages.
• Parking area: Spacious parking area around the building, well-meeting the motorbike and car parking needs of employees.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

GRES provides a summary of the actual costs and lease terms at the building to help businesses easily plan their budgets.

• Reference rent: Around $9 - $12 /sqm/month (rates may vary depending on the leased area and timing).
• Service fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 100,000 VND/motorbike/month.
• Car parking fee: 1,500,000 VND/car/month.
• Electricity consumption: Actual consumption based on individual meter readings.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Fafim Building is an ideal solution for small and medium-sized enterprises (SMEs), technology companies (IT), creative startups, or service providers looking for a modern workspace with optimized costs. The column-free 320 sqm floor plate maximizes actual usable area, making it easy to arrange departments and collaborative spaces scientifically.

• Operational cost balance: Compare total actual rental costs (including rent, service fees, and metered electricity) with peer buildings to see the budget-saving advantages.
• Floor efficiency: Measure the net usable area versus the gross area to accurately calculate staff density per square meter.
• Parking capacity: Survey the parking area around the building during peak hours to ensure sufficient space for employees and clients.
• Overtime policy: Discuss in detail with the building management regarding any extra charges if your business frequently operates outside standard hours.

Advisory Conclusion

Fafim Building is a bright spot in the Grade C office segment in the Nguyen Trai area, thanks to its newly completed status in 2023 and highly competitive rental policies. To receive a detailed quotation, updated vacant areas, and schedule a physical viewing, contact GRES specialists today for comprehensive support and contract optimization.