Netland Building GRADE C

Building Overview

From the independent market analysis perspective of GRES experts, Netland Building stands out as a highly competitive Grade C office option in the Thanh Xuan area. Developed by Netland Investment and Management JSC, the building features 10 stories and 1 basement, offering a typical floor plate of approximately 450 sqm/floor.

With its modern, minimalist design and flexible floor division capabilities, the building provides a professional and quiet working environment while maintaining excellent commercial accessibility. This is an ideal office solution for businesses looking to balance operational budgets and regional connectivity in West Hanoi.

Location and Connectivity

Netland Building is located at Lane 27 Le Van Luong, Thanh Xuan Ward, Hanoi, situated right on the backbone axis connecting Thanh Xuan and Cau Giay ward. The wide lane allows the building to avoid direct noise from the main street while ensuring easy access for cars.

• Le Van Luong - Lang Ha Axis: Swiftly connects to the city center and Dong Da, Ba Dinh ward via the Le Van Luong overpass.
• Ring Road 3 - Khuat Duy Tien Axis: Located less than a 5-minute drive from the intersection, facilitating convenient travel to neighboring provinces and southern areas.
• Noi Bai International Airport: Takes approximately 35 minutes via the elevated Ring Road 3 connecting to Nhat Tan Bridge or Thang Long Bridge.
• Surrounding Utility Ecosystem: Surrounded by major office buildings, large bank branches (Vietcombank, BIDV, Techcombank), and bustling office restaurants and cafes, serving reception and dining needs.

Technical Specifications and Operations

Netland Building is equipped with synchronous technical infrastructure, fully meeting professional office operation standards:

• Scale & Floor Plate: 10 stories and 1 basement; typical floor plate of 450 sqm/floor, easily divisible into smaller areas from 90 sqm upwards.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy space and facilitating the installation of plaster ceilings and lighting systems.
• Elevator System: Equipped with 02 Mitsubishi brand elevators, operating smoothly to minimize waiting times during peak hours.
• Air Conditioning System: Central air conditioning system (Media brand) with deep cooling capacity and even temperature distribution.
• Backup Power: 100% capacity backup generator, ensuring continuous operation of the entire building during power outages.
• Parking: 01 basement level and outdoor parking around the building, well-meeting the parking needs of motorbikes and cars.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

The rental policy at Netland Building is highly competitive and transparent, helping businesses easily plan their budgets:

• Reference Rental Price: $11 - $13 /m²/month (subject to slight variations depending on the leased area and signing time).
• Service Fee: Included in rental price.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 1,600,000 VND/car/month.
• Electricity Usage: Actual consumption based on meter readings for each office.
• Overtime Fee (OVT): Complimentary, a significant advantage for businesses with frequent overtime work.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a moderate floor plate of 450 sqm and a quiet environment, Netland Building is an ideal choice for businesses in Information Technology (IT), startups, service companies, design consultancies, or enterprises requiring a highly focused workspace away from the noisy main streets while maintaining good transport accessibility.

• Parking Capacity Check: Verify the actual capacity of the basement and surrounding area during peak hours to ensure it accommodates the staff of larger operations.
• Net Usable Area Measurement: Accurately determine the net usable area versus the gross area to optimize the office layout and desk arrangement.
• Air Conditioning Performance: Evaluate the cooling capacity in corner zones of the office and clarify maintenance responsibilities and costs.
• Lighting and Soundproofing: Assess the noise isolation from common corridors and the quality of natural light on the floor plate to optimize the employee working experience.

Advisory Conclusion

Netland Building is one of the most remarkable Grade C office buildings on Le Van Luong street, thanks to its harmonious combination of convenient location, quiet workspace, and optimized operational costs (especially the complimentary overtime policy). To receive the latest vacant area updates, detailed cost calculations, and schedule a physical site visit at Netland Building, please contact GRES specialists immediately for professional support and the best commercial terms negotiation.