MIPEC Tower GRADE B

Building Overview

Optimizing workspace layouts for a workforce of 100 to over 500 employees on a single floor plate requires businesses to seek buildings with large floor areas to prevent departmental fragmentation. MIPEC Tower is a prominent Grade B office building in Dong Da wardt, completed in 2011 by CTCP Hoa Dau Quan Doi. With a scale of 25 above-ground floors and 2 basements, the building offers a typical floor plate of up to 1,300 sqm, providing highly flexible spatial solutions for large-scale enterprises. Notably, this project holds international green certifications including LEED and Green Mark, which optimize energy efficiency and significantly reduce actual operational costs for tenants.

Location and Connectivity

The building is located at the prime frontage of 229 Tay Son, Kim Lien Ward, Hanoi, situated right on the vital traffic axis connecting the historic center with the rapidly developing southwestern urban area. This area features high commercial density, synchronized infrastructure, and easy access to a diverse customer base.

• Tay Son - Nguyen Trai Axis: A key arterial route directly connecting Dong Da wardt with Thanh Xuan and Ha Dong, providing rapid access to Ring Road 3 for inter-provincial travel.
• Nga Tu So Intersection / Shopping Mall: Just a 3-minute commute to the Nga Tu So junction and the retail mall located right at the building's podium, offering ultimate convenience for client meetings, dining, and staff entertainment.
• Noi Bai International Airport: Approximately 40 minutes away via the Vo Chi Cong highway or the elevated Ring Road 2, ensuring seamless schedules for welcoming international partners.
• Surrounding Utility Ecosystem: Surrounded by a dense network of major banks (Vietcombank, BIDV), prestigious universities (Trade Union, Water Resources), and a rich variety of office-friendly restaurants and cafes.

Technical Specifications and Operations

The technical infrastructure at the building is comprehensively invested to professional office standards to ensure continuous business operations.

• Scale & Floor Plate: 25 above-ground floors and 2 basements; typical floor plate of 1,300 sqm with a column-free design that maximizes usable space.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy environment and facilitating the installation of technical ceilings.
• Elevator System: Equipped with 9 high-speed elevators to minimize waiting times during peak hours.
• Air Conditioning System: Central air conditioning system (Mitsubishi VRF brand), ensuring even cool air distribution and energy efficiency.
• Backup Power: 100% capacity backup generator, automatically activating in the event of a power grid failure.
• Parking Area: A spacious 2-basement parking area fully meeting the motorbike and car parking needs of staff and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policy at the building is flexibly designed with highly competitive costs within the Grade B office segment in the central area.

• Reference Rental Price: $12 - $15 /sqm/month (rates may vary depending on the leased area and signing time).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 2,200,000 VND/car/month.
• Electricity Consumption: Included in service charge for public areas and air conditioning during standard working hours.
• Overtime Fee (OVT): Negotiable based on the actual operational needs of the business.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of a large floor plate of up to 1,300 sqm and LEED green certification, the building is an ideal choice for multinational corporations, technology firms, financial institutions, and large enterprises seeking a centralized, sustainable workspace.

• Verify Net vs. Gross Area: Carefully measure the usable area versus the gross area to plan the most efficient desk layout.
• Assess Parking Capacity: Conduct a physical survey of the 2 basements during morning and afternoon peak hours to ensure adequate parking slots for growing staff.
• Negotiate Overtime Fees (OVT): Clarify electricity and elevator operation costs if your business frequently operates night shifts or weekends.
• Central AC Control: Check the ability to adjust temperatures in specific zones to avoid wasting electricity.

Advisory Conclusion

MIPEC Tower solidifies its position as one of the most desirable Grade B office buildings in Dong Da wardt, perfectly combining a prime commercial location, a large floor plate, and sustainable green operational standards. To receive the latest vacant area updates, detailed cost breakdowns, and professional lease negotiation support, please contact GRES specialists for real-world consultation and continuous guidance throughout your survey process.