Hòa Bình International Towers GRADE B

Building Overview

Featuring 21 above-ground floors and a modern twin-tower design that harmoniously blends Western romanticism with Eastern classicism, Hoa Binh International Towers offers a professional workspace backed by a robust technical infrastructure. This Grade B office building provides a large total usable area with a typical floor plate of 759 sqm/floor, optimizing net usable area thanks to perimeter load-bearing columns, which allows tenants to easily partition functional departments.

From an operational standpoint, the building possesses outstanding mechanical and electrical (M&E) advantages in the Grade B segment, featuring a modern central air conditioning system and a backup power generator that meets 100% capacity. The cost-benefit ratio here is highly optimized as the central AC electricity fee is already included in the service charge, helping businesses control their fixed monthly operating budgets without worrying about fluctuating cooling costs during summer.

Location and Connectivity

The building occupies a prime location with three street fronts, with the main facade situated at 106 Hoang Quoc Viet, Nghia Do Ward, Ha Noi, one of the widest and busiest arterial routes in the northwestern area of the capital.

• Hoang Quoc Viet arterial route: Connects directly and quickly to key routes such as Pham Van Dong, Buoi, and Vo Chi Cong, ensuring smooth inter-wardt travel.
• Lotte Mall Tay Ho / Hotels / Parks: Only a 10-minute drive away, providing excellent conditions for client meetings, diplomatic activities, and employee shopping/entertainment.
• Noi Bai International Airport: Reachable within 25 minutes via Vo Chi Cong street and Nhat Tan bridge, minimizing travel time for business trips.
• Surrounding business ecosystem: Home to a dense network of major bank branches (Vietcombank, BIDV, Techcombank), restaurants, and corporate cafes right at the building's doorstep.

Technical Specifications and Operations

The technical infrastructure at the tower is comprehensively invested according to professional office standards, ensuring continuous business performance:

• Scale & Floor plate: 21 above-ground floors and 02 basement levels; typical floor plate of 759 sqm/floor with a square layout that minimizes dead space.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy environment and facilitating the installation of under-ceiling technical systems.
• Elevator system: Equipped with 03 high-speed elevators, operating smoothly to minimize waiting times during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing temperature evenly and saving energy efficiently.
• Backup power: Backup power generator meeting 100% capacity, automatically activated immediately in case of power grid failure.
• Parking space: 02 basement levels and surrounding areas of the building fully meet the parking needs of employees and visiting clients.
• Standard working hours: Monday - Friday: 7:00 AM - 7:00 PM; Saturday: 7:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The rental policy at the building is considered highly competitive and transparent within the regional Grade B office segment:

• Reference rental price: $10 - $12 /sqm/month (rates may vary depending on the leased area and lease signing time).
• Service fee: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 110,000 VND/motorbike/month (Complimentary parking for a certain number of motorbikes based on leased area).
• Car parking fee: 2,100,000 VND/car/month.
• Electricity consumption: Billed based on actual usage via individual sub-meters for each office.
• Overtime fee (OVT): Complimentary when air conditioning is not used, helping businesses optimize costs during night shifts or overtime work.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a well-proportioned 759 sqm floor plate and robust technical infrastructure, the building is an optimal choice for medium to large-sized enterprises in Information Technology (IT), Finance & Banking, Import-Export, and multinational corporations requiring stable workspaces. However, to ensure seamless operations, businesses should pay attention to the following practical inspection points:

• Elevator efficiency during peak hours: With 21 floors but only 3 elevators, businesses should survey traffic density around 8:00 AM and 5:30 PM to plan appropriate staff coordination.
• Net usable area ratio: Carefully measure the actual net usable area versus the gross wall-to-wall area on the floor plan to optimize the desk layout.
• Overtime fee mechanism: Clearly confirm with the building management regarding any additional costs if central air conditioning is required outside of standard working hours.
• Parking capacity: Physically verify the number of allocated car and motorbike parking spaces relative to the leased area to avoid overcrowding during peak hours.

Advisory Conclusion

Hoa Binh International Towers stands out as one of the most comprehensive Grade B office solutions on the Hoang Quoc Viet axis, offering a perfect combination of reasonable rental rates and synchronized technical infrastructure. The inclusion of central AC electricity in the service charge and free overtime when AC is not in use provides outstanding financial advantages for businesses with flexible operational needs. To receive a detailed quotation, check the latest vacant space, and schedule a physical viewing, please contact GRES consultants today.