HUD Tower GRADE B

Building Overview

Optimizing the workspace layout for a team of 100 to 150 employees on a single floor plate requires businesses to carefully balance actual leased area against fixed monthly operating costs. HUD Tower is a prominent Grade B+ office complex in the Western area of Hanoi, completed in 2023 with prestigious LEED and Green Mark certifications. Comprising two towers of 32 and 27 floors, supported by 3 spacious basement levels, the project offers a generous typical floor plate of 1,100 sqm. This represents a rare large-scale floor solution in this segment with highly competitive rental rates, helping medium to large enterprises optimize their long-term cash flow.

Location and Connectivity

The building is strategically located at 37 Le Van Luong, Thanh Xuan Ward, Ha Noi, right at the major intersection of Le Van Luong, Hoang Minh Giam, and Nguyen Tuan, ensuring seamless commuting for both employees and clients.

• Le Van Luong Axis: Connects directly to key arterial routes such as Khuat Duy Tien, Ring Road 3, Lang, and Giang Vo, facilitating rapid travel between Thanh Xuan, Cau Giay, and Dong Da ward.
• Thanh Xuan Park / Commercial Centers / Hotels: Located just 3-5 minutes away from Thanh Xuan Park, major shopping malls, and premium dining options, ideal for hosting high-profile corporate clients.
• Noi Bai International Airport: Approximately 40 minutes away via Pham Van Dong or Vo Chi Cong road over Nhat Tan Bridge, ensuring efficient business travel schedules.
• Surrounding Amenities Ecosystem: Surrounded by a high density of major bank branches, office cafes, and diverse retail services located right at the building's podium.

Technical Specifications and Operations

HUD Tower is comprehensively invested to international standards, delivering outstanding operational efficiency for tenants.

• Scale & Floor Plate: Comprising 02 towers of 32 and 27 floors, with 03 basement levels; a typical floor plate of 1,100 sqm with a column-free design to maximize usable space.
• Ceiling Height: Reaches a standard of 2.7 m, providing an airy working environment and easy installation of technical ceilings.
• Elevator System: Equipped with 11 high-speed elevators and escalators from the Ground Floor to the 5th Floor, minimizing wait times during peak hours.
• Air Conditioning System: Modern centralized Chiller air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: 100% backup power generator capacity, ensuring uninterrupted business operations.
• Parking: 03 spacious basement levels, fully meeting the parking needs of motorbikes and cars for both 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

The financial feasibility at HUD Tower is highly rated due to the cost-saving policy of including AC electricity in the service charge.

• Reference Rent: $13 - $15 /sqm/month (highly competitive compared to other Grade B+ buildings in the area).
• Service Charge: 4.5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,181,818 VND/car/month.
• Electricity Consumption: Billed based on actual consumption via individual meters; notably, AC electricity is already included in the service charge, saving tenants significant monthly operational costs.
• Overtime Fee (OVT): To be negotiated based on leased area and actual usage requirements.
• Minimum Lease Term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: 3-month deposit - Quarterly payment, aligning well with corporate cash flow cycles.

Suitable Tenant Profiles and Checks

With its modern design, LEED and Green Mark certifications, and large floor plates, HUD Tower is an ideal choice for multinational corporations, large technology firms, and financial institutions that prioritize brand image and sustainable workspaces. When conducting a site survey, tenants should pay attention to the following:

• Net vs. Gross Area Efficiency: Carefully measure the net usable area compared to the gross area to plan accurate workstation density.
• Overtime Cost Balance (OVT): Negotiate overtime rates in detail if your business operates night shifts or requires 24/7 technical support.
• Parking Allocation: Clarify the exact quota of motorbike and car parking spaces allocated to your leased area to prevent peak-hour parking shortages.
• Integrated Cooling System: Inspect the operation of the Chiller AC system and the ability to control temperatures in individual zones.

Advisory Conclusion

HUD Tower offers an excellent financial solution for businesses by combining reasonable rental rates with inclusive AC electricity during working hours. This is a prime opportunity to optimize fixed operating costs while securing a premium, green-certified workspace in the Thanh Xuan wardt. Contact GRES specialists today to receive a detailed quotation, check current vacant spaces, and schedule a site visit.