VAD Building GRADE C

Building Overview

Located on Nguyen Thai Hoc Street, O Cho Dua Ward, Hanoi, VAD Building stands out as a prominent Grade C office choice due to its superior technical infrastructure and highly efficient floor plate design. Comprising 8 above-ground floors and 1 basement level, the building offers flexible office spaces that perfectly cater to the operational needs of small and medium-sized enterprises seeking a professional working environment in the central wardt. The combination of a regular, column-free floor plate and modern M&E systems optimizes the actual usable area (carpet area). Tenants can easily partition departments and arrange high-density seating layouts while maintaining a spacious, productive, and comfortable workspace.

Location and Connectivity

The building is located right on the street front at 154 Nguyen Thai Hoc, O Cho Dua Ward, Hanoi, situated on one of the busiest arterial routes connecting the historic city center with the newly developed western and southern ward. Nguyen Thai Hoc Street features high traffic flow and well-developed infrastructure, offering excellent brand visibility and business networking opportunities.

• Nguyen Thai Hoc arterial route: Connects directly and quickly to major streets such as Kim Mã, Giảng Võ, and Tôn Đức Thắng, facilitating seamless inter-wardt travel.
• Temple of Literature (Văn Miếu - Quốc Tử Giám) cultural landmark: Located just 5 minutes away, providing a significant advantage for hosting business partners and organizing external diplomatic events.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring smooth business travel schedules.
• Surrounding utility ecosystem: Concentrates a dense network of major banks, dining establishments, and office cafes to support daily business meetings and staff activities.

Technical Specifications and Operations

The building's technical infrastructure is comprehensively invested to ensure operational continuity and safety for all tenant businesses.

• Quy mô & Mặt bằng sàn: Comprises 8 above-ground floors and 1 basement level; typical floor plate of 338 sqm/floor with a regular layout that maximizes usable space.
• Chiều cao trần: Reaches a standard of 2.7 m, creating an airy working environment and allowing easy installation of acoustic ceilings and lighting systems.
• Elevator system: Equipped with high-speed elevators that operate smoothly, minimizing waiting times during peak hours.
• Air conditioning system: Modern Mitsubishi/VRF central air conditioning system, ensuring deep cooling performance and even temperature distribution across the floor.
• Backup power: 100% capacity backup power generator, automatically activated in the event of a main grid power failure.
• Parking space: 1 basement level and surrounding the building, adequately meeting the motorbike and car parking needs of both employees and visiting clients.
• Standard working hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (7:30 AM - 12:00 PM).

Leasing Costs and Commercial Terms

The leasing policy at the building is highly competitive and transparent, helping businesses easily plan their long-term operational budgets.

• Reference rental price: Ranges from $12 - $14 /sqm/month (rates may vary depending on the leased area, floor level, and negotiation timing).
• Service fee: 4 USD/sqm/month, covering common area maintenance and building management services.
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Car parking fee: 2,100,000 VND/car/month.
• Electricity consumption: Air conditioning electricity is included in the service fee; other consumption is metered and billed based on actual usage.
• Overtime fee (OVT): Negotiable based on the actual operational requirements of the business.
• Minimum lease term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its regular 338 sqm floor plate and stable M&E systems, the building is particularly suitable for small and medium-sized enterprises (SMEs), technology companies, design consultancies, or representative offices requiring a professional central workspace at a reasonable cost. During physical site inspections, businesses should carefully evaluate the following technical and operational factors:

• Floor efficiency: Measure the actual carpet area versus the gross area to accurately calculate the maximum number of workstations.
• Parking capacity: Survey the actual capacity of the basement and surrounding areas during peak hours to ensure sufficient parking for staff.
• Central air conditioning: Verify the ability to adjust temperatures in specific zones within the office to optimize employee comfort.
• Overtime operations: Discuss in detail the operational costs for lighting and elevator usage when running late-night shifts.

Advisory Conclusion

VAD Building at 154 Nguyen Thai Hoc is a high-quality Grade C office solution that strikes an excellent balance between reasonable rental costs and stable technical infrastructure. The regular floor plate design and integrated central air conditioning are significant advantages that help businesses optimize their workspace. To receive a detailed quotation, check current vacant spaces, and schedule a physical site visit, please contact GRES consultants for professional support and to negotiate the most favorable lease terms.