IDMC Tây Hồ Building GRADE C

Building Overview

Planning an optimal workspace for a team of 100 to over 150 employees on a single floor plate requires businesses to carefully balance actual leased area against fixed monthly operating costs. IDMC Tay Ho Building, a Grade C office building developed by CTCP Ford Thăng Long, is the perfect financial solution to this challenge. With a scale of 08 above-ground floors and 01 basement floor, the building offers a typical floor plate of up to 1,300 sqm/floor at a highly competitive rental rate, helping businesses minimize their operating budget while maintaining a professional and modern workspace.

Location and Connectivity

The building is located on the front of 713 Lac Long Quan, Tay Ho Ward, Hanoi, a strategic gateway in the Northwest of the capital with smooth traffic flow and direct connections to central ward.

• Lac Long Quan main road: Directly connects to key routes such as Thuy Khue, Hoang Hoa Tham, Hoang Quoc Viet, and Vo Chi Cong, allowing quick travel to Ba Dinh, Cau Giay, and Bac Tu Liem ward.
• Nhat Tan Bridge and Tay Ho Tay urban area: Just a 10-minute drive away, facilitating convenient business transactions and partner meetings in the new administrative center of the city.
• Noi Bai International Airport: Only 20 minutes away via Vo Chi Cong road and Nhat Tan Bridge, optimizing travel time for management and foreign experts.
• Surrounding utility ecosystem: The area gathers many major bank branches such as Vietcombank, Techcombank, TPBank, BIDV, along with a rich system of restaurants and office cafes, fully meeting the daily needs of staff and clients.

Technical Specifications and Operations

IDMC Tay Ho Building is equipped with synchronous infrastructure, fully meeting the strict operational standards of a modern office:

• Scale & Floor Plate: 08 above-ground floors and 01 basement floor; typical floor plate of 1,300 sqm/floor with a regular, column-free layout to maximize usable area and facilitate flexible department partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious and comfortable working environment even with high-density seating layouts.
• Elevator System: High-speed elevator system operating smoothly to minimize waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing temperature evenly and optimizing power consumption.
• Backup Power: 100% backup power generator capacity, ensuring uninterrupted business operations during power outages.
• Parking: 01 basement floor and surrounding building area, well-meeting the parking needs of both employees and 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 building offers highly attractive commercial policies, providing a significant cash flow advantage for tenants:

• Reference Rent: $10 - $12 /m²/month (highly competitive rate for a large floor plate in the Tay Ho area).
• Service Fee: Included in rental price, helping businesses easily plan a fixed monthly budget.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,650,000 VND/car/month.
• Electricity Consumption: Actual consumption based on individual office meter readings.
• Overtime Fee (OVT): Complimentary, a massive financial advantage for IT or logistics companies operating night shifts.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its massive floor plate of 1,300 sqm and complimentary overtime policy, the building is highly suitable for IT, Logistics, Outsourcing firms, or large corporations requiring a centralized workspace to optimize management efficiency. However, to ensure smooth daily operations, businesses should keep the following points in mind:

• Check central AC efficiency: Inspect the air distribution system in large corner zones to ensure even cooling when partitioning departments.
• Measure actual net usable area: Determine the ratio between gross and net area to design the most efficient desk layout.
• Evaluate peak-hour parking capacity: Check the parking areas around the building in the morning to prepare alternative parking solutions if headcount grows.
• Negotiate lease terms in detail: Clarify clauses regarding renewal, rent escalation after 3 years, and guaranteed parking slots in the contract.

Advisory Conclusion

IDMC Tay Ho Building is the perfect financial solution for large-scale businesses looking to optimize operational costs. With rental rates starting from just $10 - $12 /m² (including service fees) and complimentary overtime, businesses can save hundreds of millions of VND annually compared to other buildings in the same segment. Contact GRES experts today to receive a detailed quotation, updated vacant spaces, and schedule a site visit.