Golden Palm GRADE C

Building Overview

From the market analysis perspective of GRES experts, Golden Palm on the Le Van Luong arterial route is an optimal office solution for large-scale enterprises, technology (IT) companies, and financial institutions seeking a consolidated workspace on a single expansive floor. Completed in 2018 and achieving the Green Mark certification for green building standards, this Grade C office building delivers outstanding practical operational value through a perfect combination of professional workspaces and a bustling commercial podium.

With a scale of 27 above-ground floors and 03 basement levels, where the entire area from floors 1 to 5 is specifically zoned for offices and a commercial center, Golden Palm effectively solves the space fragmentation challenge for large enterprises. The typical floor plate of up to 3,100 sqm allows business owners to easily design open-plan workspaces, optimizing net usable area and enhancing collaboration across departments.

Location and Connectivity

The building is located at the exact public address of 21 Le Van Luong, Thanh Xuan Ward, Hanoi, situated on the key arterial route connecting the western area with the city center, offering highly flexible regional connectivity.

• Le Van Luong arterial route: Connects directly to Dong Da and Ba Dinh ward via Lang Ha overpass, and provides quick access to Ring Road 3 for traveling to neighboring provinces.
• National Convention Center: Just a 5-minute drive (1.2 km), facilitating major conferences, events, and high-profile diplomatic receptions.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong road and Nhat Tan Bridge, ensuring seamless business travel schedules.
• Surrounding utility ecosystem: Close to prestigious schools like Amsterdam High School (0.5 km), USSH (1 km), along with a dense network of banks, restaurants, and busy dining areas in Trung Hoa - Nhan Chinh.

Technical Specifications and Operations

To help businesses easily cross-reference their actual requirements, GRES experts have compiled the core operational technical specifications of the building in the following checklist:

• Scale & Floor Plate: 27 above-ground floors and 03 basement levels, with floors 1-5 dedicated to offices and a commercial center; typical floor plate is exceptionally large at 3,100 sqm/floor.
• Ceiling Height: Reaches a standard of 2.7 m, optimizing natural light and ventilation.
• Elevator System: Equipped with 03 dedicated elevators for the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: 100% capacity backup power generator, ensuring uninterrupted business operations during power outages.
• Parking Space: Spacious parking across 03 basement levels and the building's perimeter, fully meeting the parking needs of staff 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

Below is the detailed breakdown of financial parameters and commercial terms applicable at the building:

• Reference Rental Price: $12 - $15 /sqm/month (rates may vary depending on leased area and lease timing).
• Service Fee: 1.3 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Charged based on actual meter readings for each office.
• Overtime Fee (OVT): Negotiable based on the tenant's specific operational needs.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Golden Palm is particularly suitable for large-scale enterprises, technology (IT) companies, financial institutions, or multinational corporations requiring a massive floor plate of up to 3,100 sqm to consolidate all staff on a single floor, thereby optimizing work efficiency and internal communication. Additionally, businesses looking to leverage the retail and dining amenities directly within the commercial podium will find maximum convenience here. When conducting an on-site survey, businesses should note the following points:

• Verify floor efficiency: Assess the net usable area versus gross area to optimize desk layout density.
• Survey elevator traffic: Test the speed and capacity of the 3 dedicated elevators during peak morning and lunch hours.
• Measure parking capacity: Confirm the actual allocation of motorbike and car parking spaces for the leased area.
• Evaluate air conditioning: Inspect the ability to adjust temperatures in independent work zones within the office.
• Negotiate overtime (OVT) fees: Clarify how late-working fees are calculated, which is crucial for tech companies running night shifts.

Advisory Conclusion

With the rare advantage of an expansive floor plate in the Thanh Xuan area and a fully integrated utility ecosystem, Golden Palm stands out as an excellent Grade C office choice at a highly reasonable cost. To receive a detailed quote, check the latest vacant spaces, and schedule an on-site survey, please contact GRES experts for the most comprehensive and professional support.