Tòa nhà 183 Trường Chinh GRADE C

Building Overview

Comprising 6 above-ground floors and 1 basement completed with a modern glass facade that optimizes natural light, 183 Truong Chinh Building offers a highly cost-effective office space solution at the southern gateway of Hanoi. With a typical floor plate of 340 sqm, this Grade C building is highly regarded for its square layout, which facilitates easy partitioning and maximizes the actual usable area for businesses.

From a financial perspective, this is one of the most cost-efficient office options in the area. The reasonable rental rate combined with the service fee being already included allows businesses to easily manage their operational cash flow, minimizing the burden of monthly fixed costs while still maintaining a professional working environment.

Location and Connectivity

The building is strategically located on the street front at 183 Truong Chinh, Phuong Liet Ward, Hanoi, a vital arterial route connecting key commercial ward including Dong Da, Thanh Xuan, and Hai Ba Trung. The completion of the expanded Truong Chinh street and the elevated ring road has resolved traffic congestion issues, ensuring smooth and rapid daily commutes for businesses.

• Truong Chinh arterial route: Connects directly to major traffic intersections such as Nga Tu So, Giai Phong, Khuat Duy Tien, and Ring Road 3, facilitating convenient inner-city and inter-provincial trade.
• Royal City Shopping Mall: Only a 10-minute drive away, offering a significant advantage for client receptions, event hosting, and employee recreation.
• Noi Bai International Airport: Approximately 35 minutes away via the elevated Ring Road 2, which connects directly to Nhat Tan Bridge and Vo Chi Cong Street.
• Surrounding utility ecosystem: Concentrates a dense network of major banks such as Vietcombank, Techcombank, and BIDV, alongside numerous office-friendly restaurants and cafes to fully support daily financial transactions.

Technical Specifications and Operations

The technical infrastructure of the building is comprehensively invested to ensure maximum operational continuity and high efficiency for tenants.

• Scale & Floor Plate: Comprising 6 above-ground floors and 1 basement, with a typical floor plate of 340 sqm and flexible partitioning options starting from 70 sqm.
• Ceiling Height: Reaches professional office standards with a clear height of 2.7 m, creating a spacious feel and allowing easy installation of technical ceilings.
• Elevator System: Equipped with 1 high-speed elevator, operating smoothly to meet internal vertical transportation needs.
• Air Conditioning System: Utilizes a modern centralized ceiling-mounted air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: A backup generator ensuring 100% operational capacity for the entire building in the event of a power grid failure.
• Parking Area: 1 basement level for parking along with the surrounding courtyard adequately meets the motorcycle and car parking needs of both staff and partners.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policies and commercial terms at the building are flexibly structured, providing excellent cash flow optimization benefits for businesses.

• Reference Rental Price: Ranges from $12 - $14 /sqm/month (rates may vary depending on the leased area and the timing of the contract signing).
• Service Fee: Included in the rental price, helping businesses reduce monthly administrative overheads.
• VAT: 10%.
• Electricity Consumption: Billed based on actual consumption measured by individual meters for each office.
• Overtime Fee (OVT): Negotiable depending on the actual operational requirements of the business.
• Minimum Lease Term: Minimum 3-year lease to ensure business stability.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With an affordable budget and a prominent main-street location, the building is highly suitable for small and medium enterprises (SMEs), technology firms, logistics companies, or representative offices looking to optimize operational costs while maintaining convenient trade access. However, as a Grade C building, businesses should carefully weigh the highly competitive rental rate against certain infrastructural limitations to plan their workplace layout effectively.

• Elevator Efficiency: Since the building is equipped with 1 elevator, businesses should survey traffic flow during peak hours to coordinate staff schedules efficiently.
• Actual Usable Area: Carefully measure the net usable area versus the gross wall-to-wall area to design an optimal column-free interior layout.
• Parking Capacity: Check the actual capacity of the 1 basement during high-density hours to proactively arrange external parking options if the staff size is large.
• Air Conditioning Costs: Clarify the billing mechanism for AC electricity based on individual meters to accurately forecast monthly operational budgets.
• Overtime Policy: Negotiate overtime (OVT) fees in detail from the outset if the business frequently operates night shifts or weekend overtime.

Advisory Conclusion

183 Truong Chinh Building is one of the most economical office leasing solutions on the southern arterial axis of Hanoi, effectively resolving the challenge of optimizing fixed costs for businesses. To receive a detailed quotation, update on current vacancies, and schedule a physical site visit, contact GRES's consulting specialists today for comprehensive support and negotiation of the most favorable lease terms.