Mercury Building GRADE C

From an independent market perspective by GRES specialists, Mercury Building in Tay Ho wardt stands out with its robust mechanical and electrical infrastructure and highly efficient floor plate design, offering an optimal spatial solution for medium-sized enterprises.

Building Overview

Mercury Building is a prominent Grade C office building in the western area of Hanoi. Comprising 16 above-ground floors and 03 basement levels, the building offers a typical floor plate of approximately 580 sqm/floor. The project has achieved Green Mark certification for its green spaces and energy-saving features, providing a fresh working environment and reducing operational costs for tenants. The regular, column-free floor plate design allows businesses to easily partition departments and optimize actual usable space.

Location and Connectivity

Strategically located at 444 Hoang Hoa Tham, Tay Ho Ward, Hanoi, the building sits on a major arterial route connecting Tay Ho wardt with the Ba Dinh administrative center and surrounding areas. The tree-lined Hoang Hoa Tham street offers a peaceful working environment with stable traffic flow.

• Hoang Hoa Tham - Thuy Khue - Vo Chi Cong Axis: Provides rapid connectivity to central business ward and the Tay Ho Tay urban area.
• Sheraton and Daewoo Hotels: Located within a 10-minute drive, facilitating high-profile client receptions and international conferences.
• Noi Bai International Airport: Reachable in approximately 25 minutes via Vo Chi Cong street and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding Amenity Ecosystem: Surrounded by numerous major bank branches, restaurants, and business cafes, fully supporting daily transactions and networking.

Technical Specifications and Operations

The building's technical infrastructure is comprehensively invested to meet professional office standards:

• Scale & Floor Plate: Comprising 16 above-ground floors and 03 basement levels, with a regular typical floor plate of 580 sqm/floor that minimizes columns to maximize usable space.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious feel and easy installation of drop ceilings and lighting systems.
• Elevator System: Equipped with 03 high-speed Mitsubishi elevators, minimizing wait times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even air distribution and energy efficiency.
• Backup Power: 100% backup power capacity to ensure uninterrupted business operations during power outages.
• Parking Facilities: Parking available across 03 basement levels and surrounding the building, comfortably accommodating vehicles of staff 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

Financial terms at the building are highly competitive and transparent, suitable for various corporate budgets:

• Reference Rent: $12 - $13 /sqm/month (subject to change based on leased area and lease timing).
• Service Fee: Included in rent.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,500,000 VND/car/month.
• Electricity Consumption: Actual consumption as per meter.
• Overtime (OVT) Fee: Negotiable based on actual operational needs.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its regular 580 sqm floor plate and stable technical systems, the building is ideal for technology firms, financial institutions, or representative offices seeking a quiet, nature-friendly workspace in Tay Ho. To ensure optimal operational efficiency, businesses should conduct the following on-site checks:

• Net Usable Area Efficiency: Measure the net usable area versus the gross area to accurately plan the workstation layout.
• Parking Capacity: Verify the actual capacity of the 3 basements during peak hours to ensure adequate parking for future staff growth.
• Overtime Operational Costs: Clearly negotiate OVT fees if your business regularly operates night shifts or weekends.
• HVAC Control: Check the flexibility of temperature control in specific zones to optimize electricity consumption.

Advisory Conclusion

Mercury Building is an outstanding Grade C office choice in Tay Ho, balancing reasonable rental costs with robust technical infrastructure. To receive a detailed vacancy report and professional negotiation support, contact GRES specialists today for comprehensive assistance.