Hapulico Center Building GRADE C

Building Overview

Located on Vu Trong Phung Street, Thanh Xuan Ward, Hanoi, Hapulico Center Building offers outstanding commercial advantages thanks to its valuable three-frontage location adjacent to Nguy Nhu Kon Tum, Nguyen Huy Tuong, and Vu Trong Phung streets. This is a large-scale Grade C office complex comprising 24 above-ground floors and 02 basements, providing a typical floor plate of up to 1450 sqm/floor. With an optimized design and reasonable rental rates, the building is a pragmatic choice for businesses requiring large spaces for centralized operations. From a financial and operational perspective, the building delivers an extremely optimized cost-benefit ratio due to its large floor plate, allowing tenants to easily design open workspaces without being fragmented across multiple levels. Although positioned in the Grade C segment, the management quality directly handled by the Building Owner ensures stability and professionalism for daily business activities.

Location and Connectivity

The building is located at the exact public address of 85 Vu Trong Phung, Thanh Xuan Ward, Hanoi, situated right at the bustling development center of the western part of the city. This area features a high density of offices, directly connecting to new urban areas like Trung Hoa Nhan Chinh and major radial routes, facilitating smooth commutes for staff and easy access for business partners.

• Nguyen Trai and Le Van Luong Arterial Roads: Enable quick connection to Dong Da, Cau Giay, and Ha Dong ward, minimizing travel time during peak hours thanks to wide lanes and the elevated railway system.
• Ring Road 3 (Khuat Duy Tien): Located just 5 minutes away from the building, opening up highly convenient inter-provincial transport routes to northern and southern provinces.
• Noi Bai International Airport: Takes approximately 35 minutes to travel via the elevated Ring Road 3 directly connecting to Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Utility Ecosystem: Surrounded by numerous major bank branches, high-end residential complexes, restaurants, and office cafes, fully meeting the daily dining and entertainment needs of staff.

Technical Specifications and Operations

Hapulico Center Building is equipped with synchronous technical infrastructure to ensure continuous operational efficiency for businesses.

• Scale & Floor Plate: Comprising 24 above-ground floors and 02 basements; typical floor plate reaches 1450 sqm/floor, allowing flexible division of lease areas.
• Ceiling Height: Reaches a standard of 2.7 m, optimizing natural light for the workspace.
• Elevator System: Equipped with 07 high-speed elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution throughout the office.
• Backup Power: Backup generator providing 100% power capacity, ensuring uninterrupted operations during grid failures.
• Parking Space: Parking space across 02 basement floors, well-meeting the motorbike and car parking needs of all staff and visiting 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 leasing policy at the building is highly competitive and transparent, helping businesses easily plan their long-term budgets.

• Reference Rental Price: $13 - $14 /sqm/month (rates may vary depending on the area and leasing period).
• Service Fee: Included in the rental price.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,100,000 VND/car/month.
• Electricity Consumption: Actual consumption as per meter for each office.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of a large floor plate of up to 1450 sqm, the building is highly suitable for large-scale enterprises, technology companies, training centers, or pharmaceutical firms that need a centralized workspace on a single floor to optimize internal collaboration. The large floor plate makes it easy to plan open workspaces and meeting rooms while maintaining high space efficiency.

• Space Efficiency: It is necessary to measure the actual usable area versus the wall-to-wall area to accurately calculate the headcount distribution on the floor.
• Elevator Capacity during Peak Hours: Observe the actual traffic of the 07 elevators at 8:00 AM and 5:30 PM to evaluate potential delays.
• Overtime Air Conditioning: Since overtime fees are not fixed, businesses should negotiate this clause in detail if they frequently work late.
• Parking Infrastructure: Check the actual capacity of the 2 basements during peak days to secure parking slots for management and employees.

Advisory Conclusion

Hapulico Center Building is a highly pragmatic office leasing solution in Thanh Xuan wardt, successfully balancing reasonable costs with large-scale floor plates. To receive a detailed report on actual vacant spaces and support in negotiating the most optimal lease terms, please contact GRES consultants today.