Viễn Đông Building GRADE C

Building Overview

Featuring a solid structure of 10 above-ground floors and 1 basement floor along with a highly regular floor plate, Vien Dong Building in the heart of Dong Da wardt stands out as one of the most cost-effective and operationally practical Grade C office options for businesses. The building provides a large total office space for lease with a typical floor plate of up to 700 sqm/floor, allowing flexible division to meet the needs of various business sizes.

In terms of cost-efficiency and operational performance, the building offers an outstanding competitive advantage with extremely reasonable rental rates while still ensuring all technical standards of a professional office. The open floor plate design with minimal columns helps businesses maximize the actual usable area (net area), thereby optimizing staff density per square meter.

Location and Connectivity

Located at the prime street front of 36 Hoang Cau, O Cho Dua Ward, Hanoi, Vien Dong Building offers exceptional commercial advantages right in the center of Dong Da wardt, an area with the most synchronous commercial development and transport infrastructure in the capital.

• Hoang Cau - Xa Dan Axis: Direct connection to key arterial routes such as Yen Lang, Thai Ha, Lang, and Lang Ha, ensuring quick inter-wardt transit and minimizing peak-hour congestion through alternative routes.
• Hoang Cau Lake and diplomatic venues: Just a few steps from Hoang Cau Lake, offering a refreshing view and an ideal environment for hosting partners at nearby upscale restaurants and cafes.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, facilitating convenient business trips for executives and foreign experts.
• Surrounding utility ecosystem: High density of major bank branches (Vietcombank, BIDV, Techcombank), administrative offices, and major office buildings, fostering a dynamic business networking environment.

Technical Specifications and Operations

Vien Dong Building is equipped with synchronous technical infrastructure, fully meeting the operational standards of a modern office:

• Scale & Floor plate: 10 above-ground floors and 1 basement floor; typical floor plate of 700 sqm/floor with a column-free design to maximize usable office space.
• Ceiling height: Reaches a standard of 2.7 m, providing a spacious working environment and ease of installing ceiling and lighting systems.
• Elevator system: Equipped with 2 high-speed Thyssenkrupp elevators, ensuring smooth operation and reducing waiting times during peak hours.
• Air conditioning system: New generation central air conditioning system, allowing flexible temperature control for different working zones.
• Backup power: 100% backup power capacity, ensuring uninterrupted business operations during grid failures.
• Parking space: 1 basement level and surrounding the building, well-meeting the parking needs of both employees and visiting clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The rental costs at the building are considered highly competitive and economical for budget-optimizing businesses:

• Reference rental price: $11 - $12 /sqm/month (highly competitive in the area, subject to change based on leased area and signing time).
• Service fee: 2.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/motorbike/month.
• Car parking fee: 1,600,000 VND/car/month.
• Electricity cost: Actual consumption as per separate meter.
• Overtime fee (OVT): Negotiable based on equipment usage.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Ideal for businesses seeking stable space, convenient location, and optimized budget. Especially suitable for small and medium-sized enterprises (SMEs) in technology and finance looking to optimize operational costs while maintaining a central location in Dong Da wardt for convenient transactions.

• Measure net usable area: Carefully compare the wall-to-wall area against the actual net usable area to plan the most efficient desk layout.
• Check parking capacity during peak hours: Conduct a physical survey of the parking areas around the building in the morning and late afternoon to assess capacity for larger teams.
• Evaluate elevator efficiency: With a 10-story scale and 2 Thyssenkrupp elevators, businesses should calculate employee density during peak transit hours to coordinate flexible working hours.
• Negotiate overtime (OVT) fees: For companies with night shifts or overtime requirements, clarify the negotiable rates before signing the contract.

Advisory Conclusion

Vien Dong Building represents a highly practical financial solution for businesses looking to own a professional office in the center of Dong Da wardt with an optimized budget. The combination of a convenient traffic location, a square floor plate design that is easy to set up, and reasonable rental rates creates a perfect balance of benefits for SMEs. Contact GRES specialists today to receive detailed quotes, the latest updates on vacant spaces, and to schedule a physical survey of the building.