TVL Building GRADE C

Building Overview

Located on Doi Can Street, Ngoc Ha Ward, Hanoi, TVL Building is an optimal cash flow solution for businesses seeking a modern workspace with a tight operating budget. Completed in 2021, this Grade C office building offers a significant cost advantage with highly competitive rental rates and reasonable service fees, helping businesses minimize monthly fixed financial burdens.

With a scale of 09 above-ground floors and 02 basement floors, the building offers a typical floor plate of 310 sqm/floor. The well-proportioned layout optimizes usable net area, allowing tenants to easily divide functional zones and maximize spatial efficiency per square meter.

Location and Connectivity

The building is situated at 153 Doi Can, Ngoc Ha Ward, Ha Noi, on a bustling street with active commercial trade and rapid connectivity to key administrative and commercial ward nearby.

• Doi Can - Lieu Giai - Van Cao axis: Enables businesses to easily commute and connect directly to the city's economic lifelines with minimal traffic congestion.
• Daewoo Hotel, Lotte Center, and Vincom complex: Located just a 5-minute drive away, providing ultimate convenience for diplomatic receptions, partner meetings, and major events.
• Noi Bai International Airport: Reachable in approximately 30 minutes via Ring Road 2 and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding utility ecosystem: Surrounded by numerous major bank branches, restaurants, local eateries, and office cafes, fully meeting the daily needs of employees and clients.

Technical Specifications and Operations

Before finalizing the lease, businesses should verify the building's actual technical specifications to ensure they align with daily operational requirements:

• Scale & Floor plate: 09 above-ground floors and 02 basement floors; typical floor plate of 310 sqm/floor, well-proportioned for flexible division.
• Ceiling height: Reaches a standard of 2.7 m, creating an airy and comfortable working environment.
• Elevator system: Equipped with 03 high-speed Mitsubishi elevators, ensuring efficient traffic flow during peak hours.
• Air conditioning system: Daikin central air conditioning system, operating stably and energy-efficiently.
• Backup power: 100% backup power generator, ensuring uninterrupted operations during power outages.
• Parking: Parking available on 02 basement floors and surrounding the building, 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

TVL Building offers highly competitive rental rates and commercial terms, allowing businesses to easily plan their long-term budgets:

• Reference rent: $11 - $12 /sqm/month (highly competitive in the area, subject to change based on area and lease timing).
• Service fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/motorbike/month.
• Car parking fee: 2,500,000 VND/car/month.
• Electricity consumption: Actual consumption based on meter readings.
• Overtime fee (OVT): Negotiable directly with the building management.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With reasonable costs and a central location, TVL Building is an ideal choice for small and medium enterprises (SMEs), tech startups, or representative offices prioritizing cash flow optimization. To secure the best financial terms, businesses should perform the following on-site checklist:

• Verify net usable area: Measure the actual usable area compared to the gross area to calculate the exact rental cost per employee.
• Negotiate overtime (OVT) fees: Clarify OVT charges if your business frequently operates late or in night shifts to avoid unexpected expenses.
• Assess parking capacity: Evaluate the actual capacity of the basement and surrounding area for motorbikes and cars during peak morning and afternoon hours.
• Evaluate AC performance: Inspect the Daikin central AC system in the prospective leasing area to ensure even cooling and efficiency.

Advisory Conclusion

TVL Building offers a perfect balance between a reasonable rental budget and stable operational quality in Ngoc Ha Ward. To receive a detailed quotation, updated vacant space listings, and professional negotiation support, please contact GRES specialists for comprehensive and objective assistance.