PV Oil Tower GRADE C
148 Hoang Quoc Viet, Nghia Do Ward, Hanoi
PV Oil Tower is a Grade C office building at 148 Hoang Quoc Viet, Nghia Do Ward, Hanoi. Indicative rent: $10 - $11 /SQM. Typical floor area: 427 sqm/floor. Scale: Features 17 above-ground floors and 2 basements.
Building specifications
Cost details
Available space
Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.
Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.
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Building Overview
PV Oil Tower is a Grade C office building featuring 17 above-ground floors and 2 basements, located in the bustling commercial area of Nghia Do Ward. With a typical floor plate of 427 sqm, the building offers flexible, virtually column-free workspaces that allow businesses to easily partition departments and maximize seating density. Completed in 2014 with EDGE green certification, the building ensures energy efficiency while providing a professional, high-quality working environment at a highly competitive cost.
Location and Connectivity
The building is situated on the frontage of 148 Hoang Quoc Viet, Nghia Do Ward, Hanoi, right at a key intersection connecting major traffic arteries in the northwestern gateway of the capital.
- Hoang Quoc Viet Axis: A spacious two-way avenue providing quick access to Pham Van Dong, Buoi, Lac Long Quan, and Vo Chi Cong streets.
- Nghia Do Park and West Lake: Located just 3 minutes away from Nghia Do Park, offering green spaces and convenient venues for business networking.
- Noi Bai International Airport: Approximately 25 minutes away via Vo Chi Cong street and Nhat Tan Bridge, optimizing travel time for business trips.
- Surrounding Amenities: Surrounded by a dense network of major bank branches (including Vietcombank on the 1st floor), restaurants, and popular office cafes to support daily business needs.
Technical Specifications and Operations
A practical assessment of the building's technical infrastructure helps businesses accurately evaluate its capacity to support daily operations:
- Scale & Floor Plate: 17 above-ground floors and 2 basements; typical floor plate of 427 sqm with a column-free design to maximize usable area.
- Ceiling Height: Reaches a standard of 2.7 m, ensuring a bright and airy office environment.
- Elevator System: Equipped with 04 high-speed Mitsubishi elevators with large capacities to minimize waiting times during peak hours.
- Air Conditioning: Daikin semi-centralized air conditioning system, allowing flexible temperature control for different zones.
- Backup Power: 100% capacity backup generator ensuring uninterrupted business operations.
- Parking Area: 2 spacious basements and auxiliary outdoor areas comfortably accommodating motorbikes and cars.
- Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
Below is a summary of the financial parameters and commercial terms applicable at the building:
- Reference Rent: $10 - $11 /sqm/month (subject to change based on leased area and timing).
- Service Fee: 5 USD/sqm/month.
- VAT: 10%.
- Motorbike Parking Fee: 150,000 VND/motorbike/month.
- Car Parking Fee: 2,000,000 VND/car/month.
- Electricity Consumption: AC electricity is included in the service charge; other office electrical appliances are metered separately.
- Overtime Fee (OVT): Complimentary when AC is not used.
- Minimum Lease Term: Minimum 3-year lease.
- Deposit & Payment: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
With a well-proportioned floor plate of 427 sqm and optimized operating costs, PV Oil Tower is highly suitable for small and medium-sized enterprises (SMEs), IT companies, financial firms, or representative offices seeking a strategic location in Western Hanoi within a reasonable budget. To ensure smooth fit-out and daily operations, tenants should review the following practical checklist:
- Actual Staff Density: Compare the net usable area with the projected headcount to design an ergonomic layout and avoid overcrowding.
- Parking Capacity: Inspect the 2 basements during peak hours to plan parking arrangements for expanding teams.
- Semi-Centralized AC Layout: Check the placement of Daikin AC vents to ensure partitions for meeting rooms or executive offices do not block airflow.
- Overtime Policy: Clarify with the building management regarding AC usage policies if your team frequently works late.
Advisory Conclusion
PV Oil Tower 148 Hoang Quoc Viet stands out as an excellent Grade C office choice, balancing a prime main-road location, EDGE-certified construction quality, and highly competitive rental rates. The building delivers a professional workspace solution that elevates brand image while optimizing long-term cash flow. Contact GRES specialists today to receive a detailed quotation, check the latest vacant spaces, and schedule a site visit.
Office space for lease at PV Oil Tower
| Address | 148 Hoang Quoc Viet, Nghia Do Ward, Hanoi |
|---|---|
| Building scale | Features 17 above-ground floors and 2 basements |
| Typical floor area | 427 sqm/floor |
| Indicative rent | $10 - $11 /SQM |
| Contact | 098 197 85 08info@gres.vn |
