Red River Building GRADE C
68 Le Van Luong, Thanh Xuan Ward, Hanoi
Red River Building is a Grade C office building at 68 Le Van Luong, Thanh Xuan Ward, Hanoi. Indicative rent: $11 - $12 /SQM. Typical floor area: 500 sqm/floor. Scale: 03 upper floors and 01 basement.
Building specifications
InvestorCông ty TNHH Du lịch và Thương mại Sông Hồng
Building gradeGrade C
Scale03 upper floors and 01 basement
Typical floor area500 sqm/floor
Ceiling height2.7 m
Air conditioningCeiling-mounted air conditioning system
Elevators01 high-speed elevator
Backup power100% backup power generator
Parking01 basement level
Working hoursMonday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM
Cost details
Rent$11 - $12 /SQM
Service chargeIncluded in the rental price
VAT10%
Motorcycle parking150,000 VND/vehicle/month
Car parking1,200,000 VND/vehicle/month
Cooling electricityActual consumption based on meter readings
Minimum lease termMinimum 3-year lease
Deposit & payment3-month deposit - Quarterly payment
OvertimeNegotiable
Estimate office spaceSketch the right space range from headcount, working style, and growth plans.Estimate suitable space
Estimate lease costBring rent, service charge, VAT, lease term, and operating inputs into one practical budget view.Estimate lease budget
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Available space
Use the information below as an initial guide before confirming the preferred space and commercial terms with the building.
● Updated 24/09/2026
Displayed rent and terms are for an initial comparison. The final option depends on required area, lease term, move-in timing, and the building’s current commercial conditions.
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More information
Building Overview
Developed by Song Hong Tourism and Trade Company Limited, Red River Building has established itself as one of the most cost-effective Grade C office leasing options in the Thanh Xuan area. Rising 3 upper floors with 1 basement, the building offers a typical floor plate of 500 sqm, providing spacious and highly functional workspaces.
This is an ideal location for small and medium-sized enterprises (SMEs), technology startups, or service providers seeking a professional yet budget-friendly working environment without compromising on essential operational facilities.
Location and Connectivity
The building is located at 68 Le Van Luong, Thanh Xuan Ward, Hanoi, situated on one of the most bustling arterial routes in the western part of the city, directly connecting central ward with new urban areas.
- Le Van Luong arterial route: Connects quickly to major streets such as Lang, Khuat Duy Tien, and To Huu, facilitating convenient inter-wardt travel.
- Thanh Xuan Park / Commercial Centers: Only a 5-minute drive to major shopping malls and parks, perfect for relaxation and hosting business partners.
- Noi Bai International Airport: Approximately 30-40 minutes away via Ring Road 3 and Nhat Tan Bridge, ensuring seamless business travel schedules.
- Surrounding amenities ecosystem: High density of major bank branches, restaurants, and office cafes, fully meeting the daily needs of employees.
Technical Specifications and Operations
Below are the actual technical specifications to help businesses evaluate the building's operational capabilities:
- Scale & Floor Plate: 03 upper floors and 01 basement, with a typical floor plate of 500 sqm designed for high space utilization.
- Ceiling Height: Reaches a standard of 2.7 m, creating an airy working environment suitable for ceiling installations.
- Elevator System: Equipped with 01 high-speed elevator, ensuring stable vertical transit.
- Air Conditioning System: Modern ceiling-mounted air conditioning system, distributing temperature evenly across the office.
- Backup Power: 100% capacity backup power generator to ensure uninterrupted operations during power outages.
- Parking Space: 01 basement level combined with surrounding areas, accommodating the parking needs of both motorbikes and cars.
- Standard Working Hours: Monday - Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
Leasing Costs and Commercial Terms
Financial terms at the building are structured flexibly to support tenant cash flow:
- Reference Rental Price: Around $11 - $12 /sqm/month (highly competitive in the area).
- Service Fee: Included in the rental price, helping businesses easily control their fixed budget.
- VAT: 10%.
- Motorbike Parking Fee: 150,000 VND/motorbike/month.
- Car Parking Fee: 1,200,000 VND/car/month.
- Electricity Charges: Based on actual consumption measured by individual meters.
- Overtime Fee (OVT): Negotiable based on actual business requirements.
- Minimum Lease Term: 03 years to ensure operational stability.
- Deposit & Payment: 3-month deposit and quarterly payments.
Suitable Tenant Profiles and Checks
With reasonable costs and a 500 sqm floor plate, Red River Building is highly suitable for SMEs, tech firms, design agencies, or training centers that require open layouts to optimize employee density per square meter.
- Evaluate elevator efficiency: Assess the performance of the 01 elevator during morning and afternoon peak hours.
- Survey parking capacity: Clarify the maximum number of motorbikes and cars allocated to your leased area in the basement.
- Measure usable area: Compare the actual usable (net) area against the gross area in the contract to optimize costs.
- Inspect ceiling-mounted AC: Check cooling efficiency in partitioned departmental areas.
- Negotiate overtime fees: Clarify OVT rates if your business frequently operates night shifts or on weekends.
Advisory Conclusion
Red River Building is a practical and efficient Grade C office solution for businesses prioritizing operational cost optimization in the Thanh Xuan area. To receive the latest updates on vacant spaces and secure the best lease terms, please contact GRES consultants for a quick on-site survey.
Office space for lease at Red River Building
| Address | 68 Le Van Luong, Thanh Xuan Ward, Hanoi |
|---|---|
| Building scale | 03 upper floors and 01 basement |
| Typical floor area | 500 sqm/floor |
| Indicative rent | $11 - $12 /SQM |
| Contact | 098 197 85 08info@gres.vn |
Location map
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Frequently asked questions
Which spaces at Red River Building can be considered now?
Spaces currently available range from 53 m²–195 m², last updated 24/09/2026. Availability can move quickly, so confirm the floor, handover condition and possible move-in date before arranging the tour.
What should a realistic budget for Red River Building include?
Indicative rent is $11 - $12 /SQM; service charge included in the rent; VAT 10%. Compare the full monthly occupancy cost for the exact area, especially if the team uses parking or works after hours.
How flexible is the typical floor at Red River Building for a tenant?
The typical floor is 500 sqm/floor. A requirement close to a full floor can give the tenant better control of access and layout. A smaller requirement should be checked for subdivision, shared access and usable area.
Does Red River Building work for teams that stay late or work weekends?
The practical terms are building hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM; overtime: Negotiable; air-conditioning electricity: Actual consumption based on meter readings. Match these against the real work schedule before deciding, because repeated overtime and cooling costs can materially change the monthly budget.
What does the lift setup at Red River Building mean at peak times?
Red River Building has 01 high-speed elevator across 03 upper floors and 01 basement. The specification is useful, but the real test is waiting time: visit around arrival or lunch time and check lift zoning, access control and goods movement.
What should the final offer for Red River Building contain before approval?
Ask for a dated offer tied to the exact floor and area, covering rent, service charge, VAT, parking, overtime, handover, lease length, escalation and incentives. That is the figure finance should compare—not the headline rent alone.
Is Red River Building suitable for teams with demanding IT or operating needs?
The building has ceiling-mounted air conditioning system; 100% backup power generator. For server rooms or specialist equipment, confirm the available electrical load, which circuits receive backup power, after-hours cooling and the approval path for upgrades.
Will parking at Red River Building work for the team in practice?
The building provides 01 basement level for parking. Current fees: motorbike 150,000 VND/motorbike/month; car 1,200,000 VND/car/month. If many staff drive, ask for the tenant allocation, waiting list, visitor access and hours in writing; a basement count alone does not show how many spaces the tenant will receive.
Want to compare with Red River Building and similar buildings?GRES can send 3–5 nearby or same-grade options so you can review the shortlist before a site visit.