Icon4 Tower GRADE B

Building Overview

From the independent market analysis of GRES specialists, Icon4 Tower stands out as one of the most optimal solutions in the Western gateway for large-scale enterprises, multinational corporations, and IT or finance sectors requiring expansive floor plates of up to 1,200 sqm. Completed in 2012 with a scale of 25 above-ground floors and 3 basement levels, this Grade B office building delivers a professional working environment that perfectly balances reasonable rental costs with high operational efficiency. From a financial and operational standpoint, the tower possesses a strong competitive edge thanks to its large floor plates, regular layout that optimizes usable area, and synchronized technical infrastructure. Despite being a well-established building, it maintains high-quality management directly by the developer, ensuring a safe and productive environment for thousands of employees.

Location and Connectivity

The building is located at the precise public address of 243A De La Thanh, Lang Ward, Ha Noi, right at the vital intersection connecting the historic city center and the new Western commercial wardt.

• De La Thanh, Cau Giay, and Kim Ma arterial routes: Enable businesses to easily establish commercial networks and commute swiftly to Ba Din, Cau Giay, and Dong Da ward without significant obstacles.
• Thu Le Park and Ngoc Khanh Lake cluster: Situated adjacent to the building, offering panoramic green views, fresh air, and an ideal setting for relaxation or hosting diplomatic clients.
• Noi Bai International Airport: Only a 30-minute drive via Vo Chi Cong Street and Nhat Tan Bridge, providing exceptional convenience for business trips of executives and international partners.
• Surrounding utility ecosystem: Home to numerous major bank branches such as BIDV, Agribank, and ACB, along with a vibrant array of restaurants and office cafes, fully catering to client entertainment and daily staff needs.

Technical Specifications and Operations

To ensure uninterrupted business continuity and optimize tenant experience, the building is equipped with standard technical infrastructure:

• Scale & Floor Plate: Comprising 25 above-ground floors and 3 basement levels, with a typical floor plate of 1,200 sqm/floor; the regular layout maximizes net usable area and allows flexible departmental division.
• Ceiling Height: Reaches a standard of 2.65 m, providing an airy feel and facilitating the installation of technical ceilings.
• Elevator System: Equipped with 6 ThyssenKrupp high-speed elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Utilizes a modern Trane central air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: 100% backup power capacity to maintain full operations across the building during any power outages.
• Parking Facilities: 3 basement levels for parking, effectively solving the parking needs for motorbikes and cars of all staff and visiting clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 7:00 PM; Saturday: 8:00 AM - 1:00 PM, flexibly supporting corporate operations.

Leasing Costs and Commercial Terms

Below is a summary of the actual rental costs and commercial terms at the building, helping businesses plan their budgets effectively:

• Reference Rental Price: $11 - $13 /sqm/month (highly competitive for a large-scale Grade B office tower).
• Service Charge: 4.1 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,600,000 VND/car/month.
• Electricity Consumption: Billed based on actual usage via individual office meters.
• Air Conditioning Electricity: Included in service charge, saving businesses significant monthly operational costs.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large floor plate of 1,200 sqm and smart spatial design, the building is particularly suited for technology (IT) firms, financial institutions, insurance companies, and multinational corporations with large headcounts requiring a single floor to enhance collaboration. However, to ensure the most optimal leasing decision, businesses should carefully analyze the following practical factors:

• Peak-hour traffic density: De La Thanh Street often experiences heavy traffic congestion during morning and afternoon rush hours; businesses should plan flexible commute schedules for their staff.
• Floor space efficiency: Carefully measure the net usable area versus the gross area and optimize the desk layout to fully leverage the building's core-centered design.
• Parking capacity: Despite having 3 large basements, companies with hundreds of employees should confirm the allocation of fixed car and motorbike parking spaces with the management board in advance.

Advisory Conclusion

Icon4 Tower is one of the best cost-performance Grade B office options in the Dong Da - Cau Giay area today. The combination of large floor plates, central AC included in the service charge, and highly reasonable rental rates presents an extremely attractive financial case for large-scale enterprises. Contact GRES specialists today to receive the latest vacant space report, detailed cost sheets, and professional support in negotiating the most favorable lease terms.