Star City GRADE C

Building Overview

Featuring a scale of 27 above-ground floors and a dedicated 5-floor podium block for professional offices, Star City stands as a modern architectural highlight on the Western gateway of Ha Noi. Completed in 2014 by the developer Ocean Group & Song Da Construction Joint Stock Company, this Grade C office building offers a typical floor plate of up to 1,600 sqm, providing a square and highly efficient workspace that optimizes actual usable area for medium to large enterprises.

Location and Connectivity

The building is located at the front of 23 Le Van Luong, Thanh Xuan Ward, Ha Noi, positioned right on the bustling arterial route connecting Thanh Xuan wardt directly with the Trung Hoa - Nhan Chinh urban area and adjacent central ward. This area features synchronous transport infrastructure and concentrates one of the most developed financial and commercial networks in the capital.

• Ring Road 3: Quickly connects to the western and southern ward as well as neighboring provinces via the elevated highway in just a 5-minute drive.
• Nguyen Chi Thanh - Tran Duy Hưng Axis: Provides a direct route into Ba Dinh wardt, Dong Da wardt, and the new administrative center in western Ha Noi.
• Noi Bai International Airport: Conveniently accessible in approximately 30 minutes via Vo Chi Công Road and Nhat Tan Bridge, optimizing travel time for executive business trips.
• Surrounding Utility Ecosystem: Surrounded by numerous major bank branches, culinary restaurants, shopping centers, and prominent office buildings, facilitating convenient partner receptions and daily commercial transactions.

Technical Specifications and Operations

The building is equipped with synchronous technical infrastructure to ensure continuous operational efficiency for businesses.

• Scale & Floor Plate: 27 above-ground floors, 3 basement levels, and a 5-floor podium block for offices with a typical floor plate of 1,600 sqm/floor, featuring a square layout for flexible department setup.
• Ceiling Height: Reaching a standard of 2.7 m, creating an airy atmosphere and optimizing office lighting systems.
• Elevator System: High-speed elevator system minimizes waiting times during peak morning and afternoon hours.
• Air Conditioning System: Modern central air conditioning system ensures even temperature distribution across all workspaces.
• Backup Power: 100% backup power generator capacity ensures business activities remain uninterrupted during power grid failures.
• Parking Space: 3 basement levels and surrounding areas of the building fully meet the motorbike and car parking needs of staff and visiting clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Leasing policies at the building are highly competitive and flexible, suitable for the optimized operating budgets of various business groups.

• Reference Rental Price: $13 - $14 /sqm/month (rates may vary depending on the leased area and lease signing period).
• Service Fee: 0.65 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 1,600,000 VND/car/month.
• Electricity Consumption: Actual consumption based on individual office meter readings.
• Overtime Fee (OVT): Free of charge, helping businesses save significant costs during night shifts or weekend work.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of a major street-front location and large floor plates, the building is particularly suitable for enterprises in Information Technology, Finance & Banking, Logistics, and representative offices requiring a centralized workspace on a single large floor.

• Check floor efficiency: Evaluate the ratio of net usable area to gross area to optimize the actual desk layout density for personnel.
• Survey parking capacity at peak hours: Determine the allocated car and motorbike parking quotas based on the leased area to proactively arrange alternative parking if the staff size is large.
• Measure AC capacity: Check cooling capabilities in meeting rooms or centralized server rooms to plan for additional auxiliary equipment if necessary.
• Negotiate handover conditions: Clearly define the handover status (ceiling, floor, partitions) to accurately calculate initial design and interior fit-out costs.

Advisory Conclusion

Star City represents an optimal office solution in the Thanh Xuan area, thanks to its harmonious combination of a strategic traffic location, a large floor plate of 1,600 sqm, and highly favorable free overtime policies. This is a solid launchpad for businesses to elevate their professional brand image and optimize long-term operational costs. Contact GRES specialists today to receive a detailed quote, updated vacant spaces, and schedule an on-site building inspection.