The Matrix One GRADE B

Building Overview

Located at 01 Le Quang Dao, Tu Liem Ward, Hanoi, The Matrix One offers an optimal solution for corporate cash flow management, catering to businesses seeking high-quality workspace within a well-controlled budget. With a scale of 29 above-ground floors and 03 basement levels dedicated to the retail and office podium, the building meets synchronized Grade B standards. The typical floor plate of 650 sqm/floor is smartly designed to maximize net usable area, delivering the highest efficiency per square meter leased.

Location and Connectivity

Situated at 01 Le Quang Dao, Tu Liem Ward, Hanoi, the building occupies a strategic position in the Western gateway, allowing tenants to seamlessly connect with major transport routes without significant travel delays.

• Le Quang Dao arterial road: Directly connects to major routes such as Thang Long Boulevard, Pham Hung, and Ring Road 3, facilitating convenient inter-provincial trade and access to the city center.
• My Dinh National Stadium Hub: Located just 5 minutes away, offering a distinct advantage for hosting diplomatic events, welcoming business partners, and enhancing brand prestige.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for executive business trips.
• Surrounding business ecosystem: Surrounded by major bank branches such as Vietcombank, Vietinbank, and Agribank, alongside a variety of restaurants and office-friendly cafes to support daily business operations.

Technical Specifications and Operations

The building features synchronized technical specifications, ensuring high operational efficiency:

• Scale & Floor Plate: 29 above-ground floors, 03 basement levels. Podium block for Retail and Office; typical floor plate of 650 sqm/floor with a smart layout that maximizes net usable area.
• Ceiling Height: Reaches a standard 2.7 m, providing an airy working environment and facilitating technical ceiling installations.
• Elevator System: High-speed elevator system dedicated to the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution and energy efficiency.
• Backup Power: 100% backup power capacity, ensuring uninterrupted business operations during grid failures.
• Parking Facilities: 03 basement levels for parking, fully meeting the motorbike and car parking demands 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

From a financial perspective, this building offers some of the most competitive commercial terms in the Grade B office segment in the area:

• Reference Rental Rate: $14 - $15 /sqm/month (highly competitive, subject to variation based on leased area and lease timing).
• Service Fee: 1.5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 110,000 - 275,000 VND/motorbike/month.
• Car Parking Fee: 2,200,000 VND/car/month.
• Electricity Consumption: Actual consumption based on meter readings.
• Overtime Fee (OVT): Complimentary, helping businesses optimize operational costs during night shifts or extra hours.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With highly optimized operating costs, particularly the complimentary overtime policy, the building is exceptionally suited for technology companies, logistics firms, outsourcing agencies, or fast-growing businesses looking to conserve cash flow. However, to ensure maximum utilization efficiency, tenants should consider the following practical checklist:

• Cost-benefit analysis: Compare the total actual rental cost (including service fees and VAT) with neighboring buildings to clearly see the financial advantage of the complimentary overtime (OVT) policy.
• Net vs. Gross area check: Measure the actual usable space compared to the gross area on the 650 sqm/floor layout to optimize desk arrangements.
• Peak-hour parking assessment: Evaluate the actual capacity of the 03 basement levels during morning and afternoon rush hours to ensure convenience for employees.
• HVAC capacity evaluation: Inspect the central air conditioning system at planned locations for meeting rooms or executive offices to prevent ventilation issues.

Advisory Conclusion

The Matrix One represents a highly pragmatic and cost-effective choice for businesses seeking high-quality Grade B office space while maintaining strict control over monthly operating cash flows. To receive a detailed cash flow projection and schedule a site visit of the available spaces, contact GRES specialists today for comprehensive and professional assistance.