Trường Thịnh Building GRADE C

Building Overview

Optimizing the workspace layout for a team of 80 to 120 employees on a single floor plate is always a primary operational challenge for fast-growing enterprises. Truong Thinh Building, a Grade C office building completed in 2016 in the Nghia Do area, emerges as a highly practical solution thanks to its large and flexible floor plates ranging from 800 to 1200 sqm/floor. Standing 14 stories high with 1 basement, and dedicating floors 4 to 8 for professional office spaces, the building offers a centralized working environment that minimizes departmental fragmentation across different levels. Managed by GP Invest Real Estate Management, Truong Thinh Building inherits a synchronized infrastructure system from the Trang An Complex. It is an ideal choice for businesses requiring substantial usable area to maximize seating density while maintaining a highly reasonable rental budget.

Location and Connectivity

The building is located at the prime frontage of 1 Phung Chi Kien, Nghia Do Ward, Hanoi, adjacent to the major intersection with Hoang Quoc Viet Street. This strategic location directly links the western administrative hub with the northern gateway of the city, enabling businesses to connect seamlessly with partners and clients.

• Hoang Quoc Viet and Vo Chi Cong Arteries: Direct connection to Ring Road 2 and Ring Road 3, facilitating rapid travel to Ba Dinh, Tay Ho, and Bac Tu Liem ward without traffic congestion.
• Administrative Hub and Nghia Do Park: Located within a 1.5 km radius of Nghia Do Park and major universities such as Vietnam National University, creating a dynamic business environment and a rich pool of high-quality talent.
• Noi Bai International Airport: Approximately 25 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing schedules for welcoming international experts and partners.
• Surrounding Amenities Ecosystem: The neighborhood is packed with major banks, business cafes, local restaurants, and on-site retail services, fully meeting daily dining and client hosting needs.

Technical Specifications and Operations

Truong Thinh Building is equipped with modern technical infrastructure, meeting all operational standards for a professional office:

• Scale & Floor Plate: 14 above-ground floors and 01 basement floor, with office spaces located on Floors 04 - 08. The typical floor plate ranges from 800 - 1200 sqm/floor, allowing flexible partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-lit and spacious working environment.
• Elevator System: Equipped with 06 high-speed Mitsubishi elevators, minimizing wait times during peak hours.
• Air Conditioning System: Utilizes a high-efficiency Daikin VRV central air conditioning system to ensure even temperature distribution.
• Backup Power: 100% power backup generator, ensuring uninterrupted business operations during grid failures.
• Parking Area: 01 basement floor combined with the surrounding building yard, effectively resolving parking demands for both staff and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policy at Truong Thinh Building is highly competitive compared to other properties in the same segment:

• Reference Rent: $10 - $11 /sqm/month (subject to change depending on leased area and lease timing).
• Service Charge: 3 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 - 1,600,000 VND/car/month.
• Electricity Consumption: Billed based on actual usage via individual meters.
• Air Conditioning Electricity: Included in service charge, helping businesses save significantly on monthly operating costs.
• Overtime Fee (OVT): Negotiable based on actual usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of large floor plates up to 1200 sqm and air conditioning electricity included in the service charge, Truong Thinh Building is an optimal choice for IT companies, training centers, logistics firms, or large corporations that require a unified floor space to foster collaboration.

• Verify Net Usable Area: Confirm the exact ratio between net usable area and gross area to plan the most efficient desk layout.
• Assess Parking Capacity at Peak Hours: Evaluate the actual capacity of the basement and surrounding yard at 8:00 AM and 5:30 PM to arrange alternative parking if needed.
• Negotiate Overtime (OVT) Fees: For tech companies working late shifts, clarify the costs for operating elevators and hallway lighting outside standard hours.
• Evaluate AC Cooling Performance: Check cooling efficiency at the far corners of the large floor plate to properly locate server rooms or closed meeting rooms.

Advisory Conclusion

Truong Thinh Building stands out as one of the most cost-effective Grade C office options with large floor plates in the Nghia Do area. The inclusion of AC electricity in the service charge, combined with its highly accessible location, provides a solid answer to long-term operational budget concerns. To receive the latest vacant space details and secure the best lease terms, please contact GRES specialists to arrange an on-site survey.