Thanh Xuân Complex GRADE C

Building Overview

Featuring a modern scale of 24 above-ground floors and 03 basement floors, with floors 01 to 04 dedicated to professional office spaces, Thanh Xuân Complex offers an optimized workspace solution in the Western area of Hanoi. Completed in 2018 by Thanh Xuan Development JSC, the building has quickly become a preferred destination for businesses seeking a balance between infrastructure quality and operational budgets. With a generous typical floor plate of 2000 sqm/floor and a standard ceiling height of 3 m, the building provides a spacious, well-ventilated environment that allows for flexible partitioning of functional departments without being restricted by large concrete columns.

From a financial perspective, this building holds a highly competitive advantage due to its rental pricing policy, which already includes the management service fee. This gross rent structure helps businesses optimize their monthly cash flow and eliminate unexpected operational overheads compared to other Grade C buildings where service fees are billed separately. This represents an extremely efficient economic solution for medium to large enterprises requiring high usable area efficiency.

Location and Connectivity

The building is situated at the prime street front of 6 Le Van Thiem, Thanh Xuan Ward, Ha Noi, right in the heart of a vibrant developing area with a well-planned grid road network. Le Van Thiem Street connects directly to major arterial roads, ensuring seamless daily travel and business trading.

• Le Van Luong and Nguyen Trai Arterial Roads: Provide rapid connection to Dong Da and Cau Giay ward, as well as the Ring Road 3 elevated highway for easy travel to neighboring provinces.
• Hapulico Complex: Located adjacent to the building, offering great diplomatic advantages and full access to a high-end ecosystem of dining, services, and conference facilities.
• Noi Bai International Airport: Takes approximately 35-40 minutes of driving via the Ring Road 3 connected directly to Nhat Tan Bridge or Thang Long Bridge.
• Surrounding Amenities Ecosystem: Home to numerous major bank branches such as BIDV, VPBank, and MSB, along with office-friendly restaurants, cafes, and convenience supermarkets to support employees' daily needs.

Technical Specifications and Operations

Thanh Xuân Complex is equipped with synchronized technical infrastructure, meeting all the strict operational standards of a modern office:

• Scale & Floor Plate: 24 above-ground floors and 03 basement floors, with floors 01 - 04 dedicated to offices and a typical floor plate of 2000 sqm/floor.
• Ceiling Height: Reaches a standard of 3 m, creating a spacious feel and maximizing natural light.
• Elevator System: Equipped with 03 high-speed elevators dedicated to the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing cool air evenly across the floor area.
• Backup Power: 100% backup power generator capacity to ensure uninterrupted business operations during power outages.
• Parking Space: 03 spacious basement floors, completely resolving the parking needs for both motorbikes and cars of employees.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial standpoint, the commercial terms at the building are highly attractive and offer high stability for corporate cash flows:

• Reference Rental Price: $13 - $14 /m²/month (highly competitive, subject to change based on leased area and timing).
• Service Fee: Included in the rental price, helping businesses easily plan a fixed monthly budget.
• VAT: 10%.
• Motorbike Parking Fee: 90,000 VND/motorbike/month.
• Car Parking Fee: 900,000 VND/car/month.
• Electricity Consumption: Actual consumption based on meter readings for each private office.
• Overtime Fee (OVT): Negotiable depending on equipment usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With a spacious 2000sqm column-free floor plate and highly reasonable operating costs, Thanh Xuân Complex is a great option for startups or young businesses seeking a dynamic and vibrant space, IT/software companies, outsourcing firms, or large-scale enterprises looking to optimize workspace density on a single floor. However, to ensure smooth operations, businesses should pay attention to the following practical inspection points:

• Elevator efficiency during peak hours: Check the traffic flow at the elevator lobby around 8:00 AM and 5:30 PM, as the building is part of a mixed-use complex.
• Actual usable area: Carefully measure the gap between the wall-to-wall area and the usable area to design the most efficient interior layout.
• Overtime air-conditioning capacity: Clearly negotiate the overtime (OVT) fee structure if your business frequently operates night shifts or weekend shifts.
• Parking lot traffic flow: Inspect the parking areas in the 03 basements to understand the management's coordination process between office tenants and residents.

Advisory Conclusion

Thanh Xuân Complex represents an outstanding financial milestone for businesses looking to establish a large-scale office in Thanh Xuan wardt with an optimized budget. Integrating the service fee into the gross rent eliminates the risk of annual operational cost fluctuations. To receive the latest vacant space list, a detailed cost-benefit analysis, and to schedule a physical site visit, contact GRES's consulting specialists today for comprehensive support and the negotiation of the most favorable commercial terms.