Heritage West Lake GRADE A

Building Overview

Located on Lac Long Quan Street, Tay Ho Ward, Hanoi, Heritage West Lake is a prominent Grade A office development completed in 2024 by the developer CapitaLand Development. The project has achieved the prestigious international BCA Green Mark certification, reflecting its energy-efficient and environmentally friendly design. With a scale of 25 stories and 4 basements, the building provides spacious floor plates, delivering a premium and professional workspace in the Tay Ho area.

Location and Connectivity

The building is located at the prime address of 677 Lac Long Quan, Tay Ho Ward, Hanoi, occupying a strategic position at the intersection of major arterial roads in the northwestern gateway of the capital, offering outstanding regional connectivity for businesses.

• Vo Chi Cong and Lac Long Quan Arterial Roads: Provide seamless and rapid connections from the Tay Ho wardt to central business ward like Ba Dinh, Cau Giay, and the new western urban areas.
• Lotte Mall West Lake Complex: Located within a 3-minute drive, offering immediate access to premium shopping, dining, and 5-star hotel facilities, highly convenient for client receptions and corporate events.
• Noi Bai International Airport: Accessible within 20-25 minutes via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for executives and international experts.
• Surrounding Business Ecosystem: Surrounded by a dense network of major banks such as Vietcombank, Techcombank, BIDV, alongside premium lakeside restaurants and cafes catering to daily business needs.

Technical Specifications and Operations

Heritage West Lake is designed and operated according to the strict technical standards of an international Grade A office building, focusing on space efficiency and robust technical infrastructure.

• Scale & Floor Plate: 25 stories and 4 basements, with typical floor plates ranging from 1,091 - 1,132 sqm. The column-free layout maximizes space utilization for flexible seating arrangements and office partitioning.
• Ceiling Height: Reaches a standard of 2.8 m, creating an airy atmosphere and optimizing natural light distribution across the office floor.
• Elevator System: Equipped with 07 passenger elevators, 02 basement elevators, and 01 Kone service elevator, ensuring rapid vertical transit during peak hours.
• Air Conditioning: Modern central air conditioning system, ensuring uniform cooling and high energy efficiency.
• Backup Power: 100% backup power generator capacity, ensuring uninterrupted business operations during power outages.
• Parking Space: 03 basement levels dedicated to parking, fully accommodating the motorbike and car parking needs of tenants and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Rental policies and operating expenses at the building are clearly defined, allowing businesses to plan their long-term budgets effectively.

• Reference Rent: $16 - $19 /sqm/month (subject to change depending on the leased area and floor level).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 2,200,000 VND/car/month.
• Electricity Consumption: Billed based on actual sub-meter readings.
• Air Conditioning Electricity: Included in service charge.
• Overtime Fee (OVT): Complimentary when AC is not in use.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its BCA Green Mark certification and superior technical infrastructure, Heritage West Lake is ideal for large corporations seeking luxurious workspace and international green standards. The column-free floor plates allow businesses to easily set up creative open-plan layouts or partition spaces flexibly.

• Evaluate AC capacity: Determine the requirements for central air conditioning during overtime hours to optimize operating costs.
• Inspect elevator traffic: Assess the speed and response time of the Kone elevator system during morning and afternoon peak hours.
• Measure net usable area: Conduct physical measurements of the usable area versus the gross area to ensure accurate interior layout planning.
• Confirm allocated parking slots: Work with the building management to confirm the exact number of motorbike and car parking slots allocated to the leased area.

Advisory Conclusion

Heritage West Lake stands out as one of the most desirable Grade A office buildings in the Tay Ho wardt, combining international green standards with CapitaLand's modern technical infrastructure. To receive the latest updates on vacant spaces and negotiate optimal lease terms, contact GRES consulting specialists today for comprehensive support and to schedule a physical site inspection.