Five Star West Lake GRADE B

Building Overview

Located on Thuy Khue and Hoang Hoa Tham streets, Tay Ho Ward, Hanoi, Five Star West Lake occupies one of the most prestigious commercial coordinates in the West Lake area. Designed as a high-end boutique luxury complex, the building features 15 stories and 02 basement levels, offering a spacious typical floor plate of 1224 sqm/floor. This is a rare development in the area to achieve the prestigious Green Mark certification, providing an eco-friendly, energy-efficient workspace that elevates the corporate prestige of its tenants.

Distinct from mass-market commercial office towers, Five Star West Lake focuses on exclusivity, privacy, and sophistication. The combination of its wave-inspired architectural design and premium exclusive amenities creates an ideal working environment where medium and large enterprises can establish creative, highly efficient workspaces.

Location and Connectivity

The building is situated at the prime dual-frontage location of 167 Thuy Khue - 162 Hoang Hoa Tham, Tay Ho Ward, Hanoi, right on the arterial route connecting the political center of Ba Dinhs with the new Tay Ho Tay urban area.

• Hoang Hoa Tham and Thuy Khue Arterial Roads: These parallel streets running along West Lake allow businesses to easily route their commutes, connecting directly to Ba Dinh, Cau Giay, and Bac Tu Liem ward with minimal traffic congestion.
• West Lake and Lotte Mall Tay Ho: Located just a 200m walk from West Lake and 5 minutes from Lotte Mall Tay Ho, providing exceptional landscape advantages and prestigious venues for client meetings.
• Noi Bai International Airport: Reachable within 20-30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel schedules for executives and international partners.
• Surrounding Amenities: Positioned adjacent to luxury 5-star hotels such as InterContinental Hanoi Westlake and Sheraton Hanoi Hotel, alongside major bank branches, high-end restaurants, and corporate cafes.

Technical Specifications and Operations

Five Star West Lake is fully equipped with standard technical specifications to meet the rigorous operational demands of modern businesses:

• Scale & Floor Plate: 15 stories and 02 basement levels; typical floor plate of 1224 sqm/floor with flexible partitioning options, maximizing usable space thanks to smart perimeter columns.
• Ceiling Height: Reaches a standard 2.7 m clearance, ensuring an airy atmosphere and easy installation of technical ceilings and office lighting.
• Elevator System: Equipped with 04 high-speed elevators, operating smoothly to minimize waiting times during peak hours.
• Air Conditioning: Modern central air conditioning system with localized temperature controls, optimizing energy efficiency.
• Backup Power: Backup generator with 100% capacity to support all building operations during power outages.
• Parking: 02 spacious basement levels with scientific traffic flow, fully accommodating the motorbike and car parking needs of staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

The leasing policy at the building is designed with flexibility, accompanied by transparent and clear commercial terms:

• Reference Rental Price: The rental rate is flexibly applied depending on the leasing area, floor level, and the time of contract signing.
• Service Fee: 3 USD/sqm/month.
• VAT: 10%.
• Overtime Fee (OVT): Negotiable based on the leased area and the actual operational needs of the business.
• Minimum Lease Term: Minimum 3-year lease to ensure operational stability and amortization of fit-out costs.
• Deposit & Payment: 3-month deposit - Quarterly payment in accordance with market standards.

Suitable Tenant Profiles and Checks

With its private and premium boutique luxury positioning, Five Star West Lake is the perfect fit for multinational corporations, large groups seeking prestigious spaces, diplomatic representative offices, investment funds, or tech companies requiring high security and a quiet working environment.

• Net Usable Area: Tenants should carefully measure the net usable area (carpet area) compared to the gross area to plan the most optimal office layout.
• Overtime AC Efficiency: For businesses operating night shifts or frequent overtime, it is essential to negotiate clear overtime fee structures to optimize the budget.
• Integrated Amenities: Inspect the exclusive amenities such as the indoor swimming pool and gym to integrate them into employee wellness programs, boosting staff retention.
• Basement Parking Capacity: Assess the actual vehicle volume of the company during peak hours to coordinate with the building management for convenient parking arrangements.

Advisory Conclusion

Five Star West Lake is not just a place to work, but a symbol of prestige and corporate standing in the Tay Ho wardt. The combination of its prime location, unique Green Mark certified design, and professional management services delivers sustainable value to tenants. To receive a detailed quotation, the latest vacancy updates, and to schedule a site inspection, please contact GRES consultants today.