PVV-Vinapharm GRADE C

Building Overview

Featuring a robust structure of 21 above-ground floors completed in 2018, PVV-Vinapharm offers professional office spaces on floors 2 to 4, effectively addressing the demand for large-scale floor plates in the Southwestern area of Hanoi. Invested by Vinaconex Construction Joint Stock Company – Vietnam National Pharmaceutical Joint Stock Company, the building perfectly solves the space optimization puzzle for businesses requiring large, centralized work environments. The regular-shaped, column-free design maximizes usable area, allowing tenants to flexibly partition departments or set up open-plan layouts.

Location and Connectivity

PVV-Vinapharm is strategically located at 62B Nguyen Huy Tuong, Thanh Xuan Ward, Hanoi, a rapidly developing urban area with a high density of businesses. The Nguyen Huy Tuong route connects directly to major arterial roads, ensuring seamless commuting and trading activities.

• Nguyen Trai and Khuat Duy Tien Arteries: Provide rapid access to Ring Road 3 and Thang Long Boulevard, enabling easy travel to adjacent ward such as Cau Giay, Nam Tu Liem, and Dong Da.
• Hapulico Complex and Commercial Hubs: Located within a 500-meter radius, facilitating commercial transactions, client receptions, and external meetings.
• Noi Bai International Airport: Approximately 35-40 minutes away via the elevated Ring Road 3 and Nhat Tan Bridge.
• Surrounding Amenities Ecosystem: Surrounded by major bank branches, restaurants, local eateries, and office cafes, catering to the daily dining and networking needs of employees.

Technical Specifications and Operations

To evaluate the actual operational capability of PVV-Vinapharm, businesses should review the following core technical specifications:

• Scale & Floor Plate: Comprises 21 above-ground floors and 01 basement, with office spaces allocated from floors 02 to 04, featuring a typical floor area of 1,200 sqm/floor.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious and airy working environment.
• Elevator System: Equipped with 02 high-speed elevators dedicated to the office section.
• Air Conditioning: Modern central air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: 100% capacity backup generator to maintain uninterrupted business operations during power outages.
• Parking Area: 01 basement floor and surrounding areas satisfy the parking needs of 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

Below is a summary of the financial parameters and leasing terms at PVV-Vinapharm:

• Reference Rent: $10 - $12 /sqm/month (rates may vary depending on the leased area and lease timing).
• Service Fee: 1 USD/sqm/month.
• VAT: 10%.
• Electricity Consumption: Charged based on actual consumption via individual sub-meters.
• Minimum Lease Term: 03 years.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large 1,200 sqm floor plate and regular layout, PVV-Vinapharm is highly suitable for medium-to-large enterprises, technology firms, training centers, or organizations requiring centralized workspaces to streamline management and optimize operational costs. Before signing the lease contract, businesses are advised to conduct a physical inspection of the following items:

• Elevator Efficiency: Test the speed and wait times of the 2 elevators during peak hours (morning arrival and evening departure) to assess their capacity for high staff density.
• Floor Layout Optimization: Evaluate the partitioning or open-plan layout options to ensure maximum net usable area compared to gross area.
• AC and Ventilation Performance: Check the cooling efficiency in corner areas of the 1,200 sqm floor to plan for additional ventilation fans if necessary.
• Parking Capacity Allocation: Clarify the exact number of motorbike and car parking spaces allocated to the business in the basement and surrounding areas.

Advisory Conclusion

PVV-Vinapharm stands out as one of the rare Grade C office options in Thanh Xuan offering massive floor plates at highly competitive rental rates. The combination of synchronous technical infrastructure, flexible layouts, and convenient transport links delivers outstanding operational advantages. To receive an updated report on available spaces and secure the best lease terms, please contact GRES leasing specialists today.