FLC Complex Phạm Hùng GRADE C

Building Overview

From an independent market analysis by GRES experts, FLC Complex Pham Hung stands out as a highly effective cash-flow optimization solution in the West of Hanoi. Positioned in the Grade C segment, the building offers dedicated office spaces from floors 1 to 4 within a modern 39-story mixed-use development. The biggest financial advantage of this building is its highly competitive rental rates combined with the policy of including central air conditioning electricity in the service charge, helping businesses tightly control monthly fixed operational costs while maintaining a professional corporate image on a major arterial road.

Location and Connectivity

The building is located at 36 Pham Hung, Tu Liem Ward, Hanoi, right on the most dynamic ring road axis in the western area. This is a vital route that quickly connects Cau Giay, Nam Tu Liem, and Thanh Xuan ward, creating extremely favorable conditions for commercial exchange.

• Pham Hung - Ring Road 3 Axis: Allows businesses to easily and quickly travel to neighboring northern and southern provinces, while directly connecting to major routes such as Thang Long Boulevard, Xuan Thuy, and Ho Tung Mau.
• Nearby Hotels / Shopping Malls / Parks: Only 5-10 minutes to reach the National Convention Center, My Dinh Bus Station, major shopping centers, and nearby lake parks, optimizing time for hosting diplomatic partners.
• Noi Bai International Airport: Conveniently accessible within approximately 30 minutes via Pham Van Dong Street and Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Utility Ecosystem: A high density of major bank branches, office-friendly restaurants, and coffee shops are located right at the base of the building and nearby.

Technical Specifications and Operations

FLC Complex Pham Hung is equipped with synchronous technical infrastructure to ensure continuous working efficiency for businesses:

• Scale & Floor Plate: The building consists of 39 above-ground floors and 2 basement levels, with the office block dedicated from floors 1 to 4, featuring a typical floor plate of 753 sqm/floor.
• Ceiling Height: Reaches a standard of 2.7 m, creating a well-ventilated space that is easy for installing plaster ceilings and office lighting systems.
• Elevator System: Equipped with 4 high-speed elevators dedicated solely to the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing cool air evenly across the working floor area.
• Backup Power: Equipped with a backup generator that meets 100% of operational capacity in the event of a power outage.
• Parking Lot: 2 spacious basement levels fully meet the parking needs of both employees and visiting clients.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

Regarding the budget equation, FLC Complex Pham Hung offers an extremely attractive cost balance compared to other buildings in the area:

• Reference Rental Price: $10 - $11 /sqm/month (A highly competitive rate for a prime front-facing location on Pham Hung).
• Service Fee: 4.6 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 80,000 VND/vehicle/month.
• Car Parking Fee: 1,000,000 VND/car/month.
• Electricity Consumption: Air conditioning electricity is already included in the service fee; office equipment electricity is billed based on actual consumption via a separate meter.
• Overtime (OVT) Fee: Negotiable depending on the actual needs of the business.
• Minimum Lease Term: Minimum of 3 years to ensure operational stability.
• Deposit & Payment: 3-month deposit and quarterly payment terms apply.

Suitable Tenant Profiles and Checks

With a flexible floor plate of 753 sqm/floor that can be easily partitioned, the building is an ideal choice for small and medium-sized enterprises (SMEs), technology companies, logistics firms, or units that need to optimize fixed costs while still desiring a reputable, easy-to-find business address on a major road. However, as it is located in a mixed-use complex with a residential block, businesses should carefully analyze the following practical operational factors:

• Verify Traffic Separation: Conduct a physical inspection of the dedicated office entrance versus the residential entrance to ensure professionalism and security when welcoming clients.
• Evaluate Elevator Efficiency: Test the speed and wait times of the 4 office elevators during peak hours (morning arrival, lunch break).
• Determine Usable Area: Measure the ratio of actual usable area versus gross area to establish the most optimal interior design layout.
• Negotiate Overtime Fees: Clarify overtime (OVT) rates if your business frequently has staff working night shifts or weekends.

Advisory Conclusion

FLC Complex Pham Hung is one of the most financially optimal office leasing options along Hanoi's western axis, resolving the cash flow challenge for businesses thanks to reasonable rental rates and the inclusion of AC electricity in the service fee. To receive a detailed cost calculation sheet and the best negotiation terms at the building, please contact GRES specialists for professional support and in-depth site surveys.