Ocean Park Building GRADE B

Building Overview

Ocean Park Building is a prominent Grade B office building developed by the Vietnam National Shipping Lines and directly managed by the Building Owner. Featuring a modern architectural design, the building offers an expansive typical floor plate of 1,200 sqm, providing highly flexible and efficient workspace solutions for large-scale enterprises. The high-quality glass facade not only optimizes natural light but also significantly reduces energy consumption for lighting and air conditioning.

Location and Connectivity

The building is strategically located at 1 Dao Duy Anh, Kim Lien Ward, Ha Noi, right at a major traffic intersection, ensuring seamless connectivity for employees and clients.

• Dao Duy Anh arterial road: Directly connects to key routes such as Le Duan, Giai Phong, and Dai Co Viet, facilitating rapid inter-wardt travel and minimizing traffic congestion.
• Thong Nhat Park and Bay Mau Lake: Located adjacent to the building, offering refreshing green views and an ideal setting for relaxation and business meetings.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring convenient travel for business trips.
• Surrounding business ecosystem: Surrounded by major banks such as Ocean Bank, Maritime Bank, and Agribank, along with numerous restaurants and cafes to support daily corporate needs.

Technical Specifications and Operations

To ensure maximum operational efficiency for businesses, the building is equipped with modern and synchronized technical infrastructure.

• Scale & Floor plate: Comprising 19 above-ground floors and 2 basement levels; typical floor plate of 1,200 sqm, supporting flexible partition options.
• Ceiling height: Reaches a standard of 2.65 m, creating an airy atmosphere and allowing easy installation of technical ceilings.
• Elevator system: Equipped with 6 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air conditioning system: Daikin VRV II Central Air Conditioning System, ensuring even temperature distribution and energy efficiency.
• Backup power: 100% backup power capacity to maintain uninterrupted operations during power outages.
• Parking space: 2 basement levels and surrounding areas provide ample space for both motorbikes and cars.
• Standard working hours: Monday - Friday: 7:00 AM - 6:00 PM; Saturday: 7:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below is a summary of the rental rates and commercial terms applicable at the building, helping businesses plan their operational budgets effectively.

• Reference rent: $20 - $22 /sqm/month (subject to change depending on the leased area and lease term).
• Service fee: Included in rent.
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Car parking fee: 2,500,000 VND/car/month.
• Electricity consumption: Air conditioning electricity is included in rent; other usage is metered separately.
• Overtime fee (OVT): Negotiable directly with the building management.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large floor plates of up to 1,200 sqm and energy-saving green certifications, the building is an ideal fit for multinational corporations, financial institutions, IT companies, and logistics firms requiring centralized open-plan workspaces. Before signing the lease, businesses should conduct the following practical checks:

• Verify usable area: Clearly distinguish between net usable area and gross area to optimize office layout and desk arrangements.
• Assess peak-hour parking: Evaluate the actual capacity of the 2 basements and surrounding areas during morning arrival and evening departure times.
• Measure elevator performance: Observe the speed and waiting times of the 6 Mitsubishi elevators during peak lunch hours.
• Negotiate overtime fees: Clarify OVT charges if your business frequently operates night shifts or weekend schedules.

Advisory Conclusion

Ocean Park Building is one of the most outstanding Grade B office options in the area, offering a perfect blend of green design, spacious floor plates, and a highly connected location. It serves as a solid foundation for long-term business growth. To receive a detailed quotation, check current vacancies, and schedule a site visit, please contact GRES today.