Tecos Building GRADE B

Building Overview

Featuring a modern structure of 08 above-ground floors, 01 rooftop floor, and 03 basements completed in 2020, Tecos Building stands out as one of the most cost-effective Grade B office options in Dong Da wardt. With a generous typical floor plate of 1,000 sqm, the building offers exceptional space efficiency, allowing businesses to easily arrange multiple departments on a single floor without physical separation.

From a financial perspective, Tecos Building presents a highly attractive budget proposition for medium to large enterprises. The competitive rental rate combined with the inclusion of AC electricity in the service charge allows tenants to tightly control their monthly operating expenses, eliminating any concerns over fluctuating power bills during peak summer months.

Location and Connectivity

The building is located at 106 Chua Lang, Lang Ward, Hanoi, situated on a bustling commercial street that directly connects Dong Da and Cau Giay ward.

• Chua Lang and Lang Road axes: Enable quick access to major arterial routes such as Nguyen Chi Thanh, Huynh Thuc Khang, and Ring Road 2, facilitating smooth travel to neighboring ward.
• Foreign Trade University and Diplomatic Academy of Vietnam: Located within a 5-minute drive, offering a significant advantage in recruiting high-quality talent and reaching a young customer base.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless schedules for receiving international partners.
• Surrounding utility ecosystem: Densely packed with major bank branches, restaurants, and business cafes, catering to daily client meetings and staff needs.

Technical Specifications and Operations

The technical infrastructure at the building is fully invested to modern Grade B standards, ensuring continuity and safety for all business operations.

• Scale & Floor Plate: 08 above-ground floors, 01 rooftop floor, and 03 spacious parking basements; typical floor plate of 1,000 sqm with a column-free design to maximize usable space.
• Ceiling Height: Reaches a standard of 2.7 m, providing an airy workspace and ease of installing suspended ceilings and lighting systems.
• Elevator System: Equipped with 03 high-speed elevators, minimizing waiting times during morning and afternoon peak hours.
• Air Conditioning: Smart 2-way air conditioning system for flexible temperature control and optimal energy savings.
• Backup Power: 100% capacity backup generator, ensuring uninterrupted operations during power outages.
• Parking: 03 basement levels, fully meeting the parking needs of employees and visiting clients.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:30 PM).

Leasing Costs and Commercial Terms

The building's commercial policy is highly flexible, offering significant cash flow advantages for long-term tenants.

• Reference Rent: $12 - $14 /sqm/month (highly competitive compared to other properties in the same segment).
• Service Charge: 4.95 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 165,000 VND/vehicle/month.
• Electricity Consumption: Billed based on actual sub-meter readings for each office.
• AC Electricity: Included in the service charge (a major advantage for operational cost optimization).
• Overtime Fee (OVT): Negotiable depending on the actual operational needs of the tenant.
• Minimum Lease Term: 03 years to ensure operational stability.
• Deposit & Payment: 3-month deposit - Quarterly payment, aligning with standard corporate cash flow cycles.

Suitable Tenant Profiles and Checks

With its large floor plates and optimized cost structure, the building is ideal for companies in IT, education, insurance, or corporations requiring a large consolidated workspace.

• Net vs. Gross Area: Carefully measure the actual usable (net) area versus the gross area to plan an optimal seating layout.
• Parking Capacity: Assess the actual capacity of the 03 basements during peak hours to plan appropriate parking card allocations for staff.
• Overtime Policy: Clearly negotiate overtime fees if your business frequently operates night shifts or weekend hours.
• Telecom and Internet: Verify the available connection ports and telecom providers in the building to ensure stable high-speed internet.

Advisory Conclusion

Tecos Building represents a smart office solution where businesses find the perfect balance between a convenient trading location and optimized operational costs. With competitive rent and inclusive AC electricity, it is a solid foundation for sustainable corporate growth. Contact GRES specialists today to receive a detailed quotation, the latest vacant space updates, and to schedule a complimentary site visit.