Milhomes 30 Nguyên Hồng GRADE C

Building Overview

Planning an optimal workspace for a team of 15 to 25 employees requires a well-proportioned floor plate to eliminate wasted space while strictly controlling fixed monthly operating expenses. Financial analysis indicates that Milhomes 30 Nguyen Hong is a highly cost-effective Grade C office solution for small businesses and startups in Hanoi. Comprising 9 above-ground floors and 1 basement, the building offers a typical floor plate of 120 sqm, allowing tenants to easily lease an entire floor to ensure high privacy and eliminate spatial inefficiencies caused by sub-dividing.

Location and Connectivity

The building is situated at 30 Nguyen Hong, Lang Ward, Hanoi, in a bustling commercial area directly connecting major arterial roads of Dong Da and Ba Dinh ward.

• Nguyen Hong - Huynh Thuc Khang axis: Connects swiftly to major streets such as Lang Ha and Nguyen Chi Thanh, ensuring seamless travel for staff and clients.
• Thanh Cong Lake / Commercial cluster: Located just 3-5 minutes from Thanh Cong Lake and surrounding commercial facilities, offering relaxing spaces and convenient venues for client meetings.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong road and Nhat Tan bridge, ensuring timely business trips for executives.
• Surrounding business ecosystem: Surrounded by numerous major bank branches, restaurants, and office cafes, fully supporting daily financial transactions and dining needs.

Technical Specifications and Operations

Tenants should review the following technical specifications to evaluate operational compatibility:

• Scale & Floor plate: Features 9 above-ground floors and 1 basement, with a typical floor plate of 120 sqm/floor, creating a cozy and highly efficient workspace.
• Elevator system: Equipped with 1 high-speed elevator ensuring stable vertical transit.
• Air conditioning system: Utilizes an individual air conditioning system, allowing tenants to independently control usage per room to optimize energy costs.
• Backup power: 100% backup power generator ensures uninterrupted business operations during outages.
• Parking facility: 1 basement level provides ample space for motorbikes and cars of staff and visitors.
• Standard working hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.

Leasing Costs and Commercial Terms

To establish an accurate financial plan, businesses should note the following commercial terms and fixed operating costs:

• Reference rental rate: Ranges from $11 - $12 /sqm/month (subject to change depending on lease area and timing).
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/vehicle/month.
• Car parking fee: 1,000,000 VND/car/month.
• Electricity consumption: Air conditioning electricity is included in the service charge, significantly reducing monthly operational overhead.
• Overtime fee (OVT): Negotiable based on actual business requirements.
• Minimum lease term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit and quarterly payment terms apply.

Suitable Tenant Profiles and Checks

With reasonable costs and a 120 sqm floor plate, this building is highly suitable for startups, small tech firms, or representative offices seeking private space with manageable budgets. Before signing, tenants should conduct the following on-site checklist:

• Desk layout density: Verify the net usable area versus gross area to design an optimal interior layout for the staff count.
• Parking capacity: Assess the basement's capacity during peak morning and afternoon hours.
• Elevator efficiency: Test the speed and wait time of the single elevator during peak hours.
• Individual AC system: Ensure all AC units function properly and allow independent temperature control for each office room.

Advisory Conclusion

Milhomes 30 Nguyen Hong offers an excellent financial solution for businesses looking to establish an office in the heart of Dong Da wardt within a reasonable budget. Private full-floor layouts and highly optimized operating costs are significant advantages. Contact GRES experts today to receive a detailed quotation, check the latest availability, and schedule a complimentary site visit.