CEO Tower GRADE B

Building Overview

From the independent market analysis of GRES specialists, CEO Tower stands out as one of the most financially optimized office solutions in the Grade B segment in Western Hanoi. With highly competitive rental rates ranging from $10 - $11 /sqm, combined with a service charge that already includes central Chiller air conditioning electricity, the building allows businesses to easily stabilize their monthly operational cash flow without worrying about utility spikes during peak hot seasons. The scale of 27 above-ground floors and 02 basements, professionally managed by CBRE Vietnam, guarantees international-standard services at an exceptionally reasonable budget.

Location and Connectivity

CEO Tower is strategically located on the front of Pham Hung, Tu Liem Ward, Hanoi, a vital traffic artery connecting the western commercial hub with the city center and neighboring provinces.

• Pham Hung - Ring Road 3 Axis: Offers rapid connectivity to Thanh Xuan, Cau Giay ward, and northern industrial provinces via the elevated highway.
• Keangnam Landmark 72 and Vincom Pham Hung: Located just 3 to 5 minutes away, providing excellent convenience for business trading, client hospitality, and retail amenities.
• Noi Bai International Airport: Approximately 25-30 minutes away via Ring Road 3 and Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Business Ecosystem: Surrounded by a high density of major bank branches, restaurants, and essential office support services along Pham Hung street.

Technical Specifications and Operations

The building features modern and synchronized technical infrastructure, fully meeting the strict operational requirements of both domestic and foreign enterprises.

• Scale & Floor Plate: Comprises 27 above-ground floors and 2 basements, with a typical floor plate of 600 sqm/floor, featuring a highly efficient square layout.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a spacious and airy working environment.
• Elevator System: Equipped with 5 passenger elevators and 1 service elevator by Mitsubishi, minimizing waiting times during peak hours.
• Air Conditioning System: Central Chiller air conditioning system providing stable and efficient cooling.
• Backup Power: 100% backup power generator capacity ensuring uninterrupted business operations.
• Parking Space: 2 spacious basement levels and surrounding areas dedicated to motorbike and car parking.
• Standard Working Hours: Monday - Friday: 7:00 AM - 7:00 PM, Saturday: 7:00 AM - 1:00 PM.
• Green Certification: EDGE certified, promoting energy efficiency and sustainable workspace standards.

Leasing Costs and Commercial Terms

The leasing policies at the building are highly transparent, offering a major financial advantage to businesses that require strict budget control.

• Reference Rent: $10 - $11 /sqm/month (highly competitive for a CBRE-managed property).
• Service Charge: 5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 2,300,000 VND/car/month.
• Air Conditioning Electricity: Included in the service charge (significantly reducing actual operating costs).
• Overtime Fee (OVT): Negotiable based on leased area and business requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

CEO Tower is particularly suitable for tech, finance, logistics companies, or multinational representative offices seeking professional CBRE management at a controlled budget. The EDGE green certification is also a major plus for ESG-oriented businesses.

• Verify Net Usable Area: Conduct a physical survey of the net usable area versus the gross area to optimize desk layouts.
• Assess Elevator Traffic: Visit the site during peak hours (morning, lunch, afternoon) to evaluate the efficiency of the Mitsubishi elevators.
• Negotiate Overtime (OVT) Fees: Clarify the calculation method for overtime usage if your business operates late shifts or weekends.
• Confirm Parking Capacity: Physically check the basement and outdoor parking availability to ensure sufficient space for executives and clients.

Advisory Conclusion

CEO Tower represents one of the most cost-effective Grade B office spaces on Pham Hung street, driven by its inclusive AC utility policy and CBRE management. To receive a detailed cost analysis and schedule a site visit, please contact GRES specialists for prompt and professional assistance.