Star City Lê Văn Lương GRADE C

Building Overview

Featuring a 27-story structure with a dedicated 5-story office podium, Star City Le Van Luong stands out as a premier choice for businesses seeking budget-friendly and highly functional office spaces in Thanh Xuan wardt. With rental rates ranging from $13 to $14 /sqm/month and an exceptionally low service fee of 0.65 USD/sqm/month, this Grade C building offers significant financial advantages. The typical floor plate of 1,600 sqm allows large organizations to establish a unified and efficient workspace on a single floor, reducing internal communication barriers and administrative costs.

Location and Connectivity

The building is strategically located at 81 Le Van Luong, Thanh Xuan Ward, Ha Noi, right on one of the most dynamic commercial corridors connecting Thanh Xuan with Cau Giay and Dong Da ward. This prime location offers excellent brand visibility and convenient access to a high-quality talent pool.

• Le Van Luong arterial road: Direct connection to key routes such as Lang Ha, Khuat Duy Tien, and To Huu, facilitating seamless travel to neighboring ward.
• Nearby Hotels / Malls / Parks: Located just 5-7 minutes away from the National Convention Center and Big C Thang Long, providing great convenience for corporate events and client entertainment.
• Noi Bai International Airport: Approximately 35 minutes away via the Ring Road 3 elevated highway and Nhat Tan Bridge, ensuring hassle-free business trips.
• Surrounding business amenities: Surrounded by major banks (Vietcombank, BIDV, Techcombank), restaurants, and cafes, catering to daily dining and client meeting needs.

Technical Specifications and Operations

Star City Le Van Luong is equipped with standard technical infrastructure to support daily business operations efficiently:

• Scale & Floor plate: 27 stories with a 5-story office podium; a typical floor plate of 1,600 sqm allows for highly flexible office layouts.
• Elevator system: Equipped with 3 dedicated elevators for the office block to ensure smooth vertical transportation during peak hours.
• Air conditioning system: Uses an individual air conditioning system, allowing tenants to control temperature zone-by-zone and optimize electricity costs.
• Backup power: 100% backup power generator capacity to guarantee uninterrupted operations during power outages.
• Parking space: 3 spacious basement levels, comfortably accommodating motorbikes and cars for both staff and visitors.
• Standard working hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (7:30 AM - 12:00 PM).

Leasing Costs and Commercial Terms

From a financial perspective, Star City Le Van Luong offers highly competitive lease terms and low operational overhead:

• Reference rental price: Approximately $13 - $14 /sqm/month (subject to change depending on the leased area and lease term).
• Service fee: 0.65 USD/sqm/month (highly cost-effective for a professional office building).
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Car parking fee: 1,600,000 VND/car/month.
• Electricity consumption: Billed based on actual consumption via individual meters.
• Overtime fee (OVT): Negotiable based on the tenant's specific operational requirements.
• Minimum lease term: 3 years.
• Deposit & Payment: 3-month deposit, paid quarterly.

Suitable Tenant Profiles and Checks

With its massive floor plate of 1,600 sqm and highly economical operational costs, Star City Le Van Luong is an ideal match for IT firms, outsourcing companies, training centers, and SMEs looking to maximize their rental budget. However, to ensure optimal daily operations, businesses should carefully evaluate several technical aspects:

• AC system pros and cons: The individual AC system offers operational flexibility without high overtime fees, but tenants should check the outdoor unit placement to ensure efficient cooling throughout the office.
• Floor plate efficiency: The large 1,600 sqm layout is perfect for open-plan offices, but it is crucial to measure the net usable area versus the gross area to calculate exact headcount capacity.
• Elevator traffic: With 3 dedicated elevators, high-occupancy businesses should survey the traffic flow during morning and afternoon rush hours.
• Parking capacity: Despite having 3 basements, tenants should clarify the monthly allocation limits for motorbikes and cars with the building management.

Advisory Conclusion

Star City Le Van Luong represents a highly pragmatic financial solution for businesses that prioritize cost efficiency while maintaining a professional presence in Thanh Xuan wardt. To receive a detailed quotation, updated vacant spaces, and professional negotiation support, contact GRES today.