Sun Square Office GRADE B

Building Overview

Officially put into operation in 2026 by THANG LONG URBAN., JSC, Sun Square Office has quickly established itself as one of the most cost-effective office solutions for businesses in Western Hanoi. With a scale of 21 above-ground floors and 3 spacious basement levels, the building offers typical floor plates ranging from 857 to 922 sqm/floor, which can be flexibly subdivided from 101 sqm to full floors to accommodate various business scales.

From a financial perspective, Sun Square Office holds a major competitive advantage with highly reasonable Grade B rental rates ranging from $12 to $13/sqm. Compared to neighboring buildings, the optimized service fee of 3 USD/sqm/month and the high-efficiency Mitsubishi central air conditioning system help tenants significantly reduce monthly operating expenses, allowing them to allocate capital to core business activities.

Location and Connectivity

The building is located at 21 Le Duc Tho Street, Tu Liem Ward, Hanoi, right at the strategic intersection of Le Duc Tho, Nguyen Hoang, and Ham Nghi streets, offering excellent commercial connectivity.

• Le Duc Tho - Nguyen Hoang - Ham Nghi intersection: Direct connection to Ring Road 3, Pham Hung, and Thang Long Boulevard, enabling quick travel to Cau Giay, Thanh Xuan, and Nam Tu Liem districts.
• My Dinh National Stadium / Hotels / Shopping Malls: Only 5 minutes away from My Dinh National Sports Complex and major convention centers, providing great advantages for hosting partners and events.
• Noi Bai International Airport: Approximately 30 minutes away via Pham Van Dong Street and Thang Long Bridge or Nhat Tan Bridge.
• Surrounding amenities: Home to many major bank branches such as BIDV and MB Bank, along with restaurants, cafes, and high-end residential developments supporting employees' daily needs.

Technical Specifications and Operations

Sun Square Office is equipped with modern technical infrastructure to ensure a professional and safe working environment for all tenants.

• Scale & Floor plate: Comprising 21 above-ground floors and 03 basement floors; typical floor plate of 857 - 922 sqm/floor, with flexible subdivisions starting from 101 sqm.
• Ceiling height: Reaches a standard of 2.7 m, ensuring airy workspaces and optimal lighting.
• Elevator system: Equipped with 07 high-speed Mitsubishi elevators with a capacity of 1,000–1,350 kg to minimize waiting times during peak hours.
• Air conditioning system: Mitsubishi Two-Way VRF Central Air Conditioning System, ensuring energy efficiency.
• Backup power: 100% Back-up Generator (800 kVA) ensures continuous operations during power outages.
• Parking space: 3 basement levels and surrounding areas of the building adequately meet the parking needs of employees and clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The leasing policies at the building are designed to be highly flexible, supporting tenants' cash flow throughout the lease term.

• Reference rental price: $12 - $13 /sqm/month (highly competitive in the My Dinh area, subject to change based on leased area and signing time).
• Service fee: 3 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/motorbike/month.
• Car parking fee: 1,800,000 VND/car/month.
• Electricity consumption: Actual consumption as per individual meters.
• Overtime fee (OVT): Negotiable based on actual business requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Sun Square Office is ideal for SMEs, technology firms, education providers, and companies seeking cost-effective offices in the My Dinh - Le Duc Tho area. Thanks to its reasonable rental rates and flexible subdivisions from 101 sqm, the building helps optimize initial cash flow for rapidly growing businesses.

• Net usable area efficiency: Verify the ratio between net usable area and gross area to accurately calculate the number of workstations per square meter.
• Actual cooling costs: Evaluate the power consumption of the Mitsubishi central AC system during peak summer months.
• Overtime policy: Negotiate overtime (OVT) fees in detail if your business operates night shifts or weekends.
• Parking capacity: Inspect the 3 basements during morning and afternoon peak hours to assess actual availability.

Advisory Conclusion

Sun Square Office represents an excellent choice in the Grade B office segment in Western Hanoi, offering a perfect balance between affordable rental rates and stable operational quality. The building effectively resolves the challenge of optimizing fixed overheads for businesses in the long run. To receive a detailed operating cost estimation and schedule a site visit, please contact GRES specialists today.