Friend's Tower GRADE A

Building Overview

Boasting a modern architecture completed in 2019 with 20 above-ground floors and 2 basements, Friend's Tower at No.11 Lang Ha establishes an optimized operational standard for businesses seeking a professional workspace. This Grade A office building offers flexible floor plates ranging from 380 sqm to 707 sqm, catering to various corporate scales. With a premium glass facade, the building not only maximizes natural light but also delivers outstanding energy-saving efficiency for the central air conditioning system.

From a financial perspective, Friend's Tower offers an extremely competitive cost-benefit ratio compared to other Grade A buildings in the surrounding area. The clear segregation between the commercial podium (Floors 1-7) and the dedicated office block (Floors 8-20) optimizes foot traffic, minimizes elevator wait times, and enhances actual operational efficiency for tenants.

Location and Connectivity

The building is strategically located on the main frontage of No.11 Lang Ha, O Cho Dua Ward, Hanoi, situated along one of the city's most bustling financial and retail corridors.

• Lang Ha arterial route: Connects directly and swiftly to key traffic arteries such as Giang Vo, De La Thanh, Thai Ha, and Ring Road 2, enabling seamless transit to major districts.
• Thanh Cong Lake Park / Hotels / Commercial Centers: Just a 3-to-5-minute drive to Thanh Cong Lake, Indira Gandhi Park, and major hotels, providing relaxing green spaces and ideal venues for hosting diplomatic partners.
• Noi Bai International Airport: Approximately 35 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing business travel schedules for executives and foreign experts.
• Surrounding utility ecosystem: Gathers a dense network of major bank branches, restaurants, convention centers, and office-friendly cafes right next to the building, fully meeting daily business transaction needs.

Technical Specifications and Operations

The technical infrastructure at Friend's Tower is synchronously invested according to Grade A standards, ensuring absolute continuity and safety for all business operations.

• Scale & Floor plate: 20 above-ground floors and 2 basements; typical floor plates range from 380 sqm/floor (office block on floors 8-20) to 707 sqm/floor (commercial block on floors 1-7).
• Ceiling height: Reaches an outstanding 3.5 m, creating maximum ventilation and allowing easy installation of technical ceiling systems.
• Elevator system: Equipped with 05 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air conditioning system: Daikin central air conditioning system of the latest generation, operating quietly and energy-efficiently.
• Backup power: 100% capacity backup power generator, ensuring uninterrupted operations during any power grid failure.
• Parking: Two levels of basement parking, with basement B2 integrated with an intelligent automated parking system to optimize capacity for motorbikes and cars.
• Standard working hours: Monday to Friday from 7:00 AM to 7:00 PM; Saturday from 7:00 AM to 12:30 PM.

Leasing Costs and Commercial Terms

The cost structure at Friend's Tower is highly regarded as an effective cash flow solution for enterprises, thanks to reasonable service fees and flexible commercial terms.

• Reference rent: $22 - $23 /sqm/month (highly competitive for a central Grade A office space).
• Service fee: 3 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 180,000 VND/motorbike/month.
• Car parking fee: 2,500,000 VND/car/month.
• Electricity consumption: Billed based on actual metered consumption for each office.
• Overtime (OVT) fee: Flexible agreements are available based on leased area and actual usage, referencing the standard policy of approx. 5,000 VND/sqm/hour (excluding AC & electricity).
• Minimum lease term: Minimum 3 years.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring cash flow stability for businesses.

Suitable Tenant Profiles and Checks

With its optimized operating costs and modern design, Friend's Tower is the premier choice for enterprises in Finance & Banking, Information Technology, multinational corporations, and professional service firms looking to establish a strong brand presence in the central business district.

• Verify automated parking efficiency: Conduct a physical survey of the automated parking system's operation in basement B2 during morning and afternoon peak hours to evaluate retrieval times.
• Measure net vs. gross area: Accurately determine the ratio of actual usable area (net) to wall-center area (gross) to optimize the workplace layout design.
• Negotiate overtime (OVT) fees: Clarify the overtime calculation method and agreement if the business operates night shifts or weekend hours.
• Assess AC distribution: Check the cooling distribution of the Daikin central system in corner areas of the office after partitioning smaller rooms.

Advisory Conclusion

Friend's Tower stands out as one of the most cost-effective Grade A office solutions in Hanoi. The combination of a prime commercial location, synchronous Mitsubishi-Daikin technical infrastructure, and competitive rental rates allows businesses to preserve cash flow while elevating their professional image. To receive the latest vacancy report and expert negotiation support for the most favorable lease terms, please contact GRES consultants today.