Capital Building GRADE C

Building Overview

Boasting a LOTUS green building certification along with a scale of 10 above-ground floors and 02 basement levels, Capital Building in the Kim Ma area offers an optimal Grade C+ office solution for businesses. Completed in 2019, this building with a typical floor plate of 425 sqm/floor not only provides a modern working environment but also effectively addresses financial efficiency thanks to its outstanding energy-saving performance and smart layout design.

Location and Connectivity

Capital Building is strategically located at 58C Kim Ma, Ngoc Ha Ward, Hanoi, situated on one of the busiest administrative and diplomatic arterial routes in the city center. This prime location allows businesses to easily access government agencies, embassies, and key neighboring commercial ward with minimal travel time.

• Kim Ma arterial route: Connects directly and rapidly to Ba Dinh, Dong Da, and Cau Giay ward, as well as major ring roads.
• Lotte Center and Thu Le Park complex: Located just 5 minutes away, providing excellent conditions for client receptions, diplomatic activities, and employee recreation.
• Noi Bai International Airport: Approximately 30 minutes of travel via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding utility ecosystem: Surrounded by a dense network of major banks, diverse restaurants, and office cafes serving daily business needs.

Technical Specifications and Operations

To evaluate Capital Building's technical capabilities against actual operational needs, businesses can refer to the standard specifications below:

• Scale & Floor plate: Comprising 10 above-ground floors and 02 basement levels, offering a typical floor plate of 425 sqm/floor with a square layout that is easy to partition.
• Ceiling height: Reaches a standard of 2.7 m, optimizing natural light and office ventilation.
• Elevator system: Equipped with 02 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air conditioning system: Utilizes a modern Daikin central air conditioning system, ensuring quiet operation and energy efficiency.
• Backup power: A backup generator with 100% capacity ensures uninterrupted operations during power outages.
• Parking space: 02 basement levels and the surrounding area of the building provide ample parking space for employees and clients.
• Standard working hours: Monday - Friday: 7:30 AM - 6:30 PM, Saturday: 7:30 AM - 1:00 PM.

Leasing Costs and Commercial Terms

From a financial perspective, Capital Building is one of the most economical choices in the central area, featuring a transparent cost structure and favorable cash flow policies:

• Reference rental price: $13 - $14 /sqm/month (highly competitive for a LOTUS green-certified building).
• Service fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Car parking fee: 1,500,000 VND/car/month.
• Electricity consumption: Charged based on actual consumption via individual meters.
• Overtime fee (OVT): Free of charge (a major financial advantage for businesses operating late shifts or overtime).
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, helping businesses manage their working capital efficiently.

Suitable Tenant Profiles and Checks

The building is ideal for businesses prioritizing modern, sustainable spaces and a central location while seeking to optimize monthly fixed operating costs. To ensure the perfect office layout, businesses should conduct an on-site survey based on the following criteria:

• Verify space efficiency: Measure the net usable area versus the gross area to accurately calculate the number of workstations.
• Evaluate the Daikin AC system: Check the distribution of air vents in areas planned for meeting rooms or executive offices to ensure even cooling.
• Confirm parking capacity: Discuss the maximum allocation of motorbike and car parking spaces in the 2 basements during peak hours.
• Clarify overtime terms: Confirm which services are included in the free overtime policy (such as elevators and corridor lighting) and any potential AC operational costs.

Advisory Conclusion

Capital Building is a prime example of a modern LOTUS green-certified workspace that still ensures cost optimization for businesses in the Kim Ma area. With reasonable rental rates, an exceptional free overtime policy, and convenient connectivity, the building deserves to be at the top of the shortlist for businesses seeking high-quality central offices. Contact GRES specialists today to receive a detailed quote, updated vacant areas, and support for a free on-site survey.