Hoà Bình Green GRADE C

Building Overview

Optimizing workspace layout for a team of 100 to over 1,000 staff always demands a strict balance between actual usable area and the total monthly budget. Hoà Bình Green, a Grade C office building with 26 stories and 3 basements, offers a large-scale spatial solution at an exceptionally optimized cost. With a typical floor plate of 1,500 sqm, the building perfectly addresses the need for consolidated floor layouts, allowing large enterprises to operate on a single level, thereby reducing internal management costs and departmental silos.

Location and Connectivity

The building is located at 14/376 Buoi Street, Ngoc Ha Ward, Hanoi, positioned on a major ring road that connects the western economic hubs with the political center of the city. This location features smooth traffic flow, enabling businesses to establish stable commercial connections.

• Ring Road 2 Axis: Connects directly and quickly to neighboring ward such as Cau Giay, Tay Ho, and Dong Da, facilitating convenient daily commutes for employees.
• Nhat Tan Bridge: Only 10 minutes away, opening direct trade routes to northern industrial zones.
• Noi Bai International Airport: Approximately 20 minutes away via Vo Chi Cong Street, optimizing travel time for executive business trips and international partners.
• Surrounding Amenities Ecosystem: Surrounded by major bank branches such as Vietcombank, BIDV, Techcombank, along with a diverse range of restaurants and business cafes to support daily corporate entertainment.

Technical Specifications and Operations

The technical infrastructure at the building is comprehensively invested to ensure continuous operational efficiency for businesses:

• Scale & Floor Plate: 26 stories with 3 basements; typical floor plate of 1,500 sqm with minimal columns, maximizing the efficiency of net usable area.
• Ceiling Height: Reaches a standard of 2.7 m, providing an airy working environment and allowing easy installation of acoustic ceilings and lighting.
• Elevator System: Equipped with 4 Mitsubishi brand elevators with high speed, minimizing waiting times during peak hours.
• Air Conditioning System: Utilizes a modern central air conditioning system, distributing temperature evenly across the office area.
• Backup Power: 100% capacity backup generator, ensuring business operations remain uninterrupted during power grid failures.
• Parking: Parking across 3 basement levels, effectively solving the parking needs for both motorbikes and cars of employees and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

From a financial perspective, the building offers highly competitive rental terms compared to other properties with similar floor plate sizes in the area:

• Reference Rental Price: $9 - $11 /sqm/month (rates may vary depending on the leased area and negotiation timing).
• Service Fee: Included in rental price, helping businesses easily control and forecast their monthly fixed cash flow.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 1,500,000 VND/car/month.
• Electricity Usage: Actual consumption as per meter for each individual office.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring stability for corporate operational cash flow.

Suitable Tenant Profiles and Checks

With the advantage of large floor plates up to 1,500 sqm and reasonable rental costs, the building is an ideal choice for technology companies, training centers, or corporations requiring large consolidated workspaces to optimize cost-per-head ratios. However, to ensure smooth daily operations, businesses should pay attention to the following checklist:

• Staff Density Allocation: Evaluate the layout configuration on the 1,500 sqm floor plate to make the most of column-free corners.
• Peak Hour Parking Capacity: Survey the actual capacity of the 3 basements during morning and afternoon peak hours to plan for any overflow parking needs.
• Electricity Metering System: Verify the location of separate electricity meters for the leased area to ensure transparent utility billing.
• Overtime Policies: Clarify terms and conditions for overtime usage to avoid unexpected impacts on the monthly operational budget.

Advisory Conclusion

Hoà Bình Green presents an outstanding economic solution for businesses seeking large floor plates at reasonable costs in Ngoc Ha Ward. The combination of building scale, synchronous technical infrastructure, and competitive rental pricing optimizes long-term operational cash flow. To receive a detailed quotation, updated vacant space listings, and professional negotiation support, contact GRES consultants today.