Tòa nhà 18-4 (Vinfast) GRADE C

Building Overview

From the market analysis perspective of GRES experts, the 18-4 Building (Vinfast) stands out as one of the most effective cash flow optimization solutions for businesses in West Hanoi. Comprising 10 stories and 1 basement, this Grade C building offers a typical floor plate of 450 sqm. The most significant financial advantage of the building lies in its highly competitive rental rates combined with an all-inclusive service fee, allowing tenants to easily manage their fixed monthly operating budgets without unexpected overheads.

Location and Connectivity

The building is located at 08 Pham Hung, Tu Liem Ward, Ha Noi, positioned directly on the backbone route connecting the western gateway with central ward and neighboring provinces.

• Pham Hung Main Road: Directly connects to the Ring Road 3 elevated highway, Pham Van Dong, Xuan Thuy, and Ho Tung Mau, facilitating seamless interprovincial and inner-city travel.
• My Dinh Bus Station: Located just 700m away, making express deliveries, document transfers, and commute for out-of-town staff highly convenient.
• Noi Bai International Airport: Approximately 30 minutes away via Pham Van Dong Road and Thang Long Bridge or Nhat Tan Bridge.
• Surrounding Amenities: Surrounded by major bank branches, professional office buildings, restaurants, and business cafes, perfectly catering to client receptions and staff daily needs.

Technical Specifications and Operations

The building is equipped with standard technical facilities to ensure continuous operational efficiency for businesses:

• Scale & Floor Plate: Consists of 10 stories and 1 basement, with a typical floor plate of 450 sqm, easily divisible into flexible layouts.
• Elevator System: Equipped with 2 high-speed Mitsubishi elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Utilizes an individual air conditioning system, allowing departments to independently control temperatures and optimize electricity costs.
• Backup Power: Equipped with a backup generator to ensure uninterrupted business operations during power outages.
• Parking Area: On-site parking space is spacious, meeting the parking needs of both motorbikes and cars for employees and visiting clients.
• Standard Working Hours: Monday to Friday (08:00 - 18:00) and Saturday (08:00 - 12:00).

Leasing Costs and Commercial Terms

From a financial perspective, the building offers a strong competitive edge with a transparent and simplified cost structure:

• Reference Rental Price: Approximately $10 - $11 /sqm/month (subject to change depending on leased area and lease timing).
• Service Fee: Included in the rental price, reducing the administrative burden of managing multiple utility bills.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,500,000 VND/car/month.
• Electricity Fee: Based on actual consumption measured by individual meters.
• Overtime Fee (OVT): Negotiable based on the actual usage requirements of the tenant.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit and quarterly payment terms apply.

Suitable Tenant Profiles and Checks

With a 450 sqm floor plate and reasonable costs, this building is a solid choice for companies seeking an office on a major road, ensuring easy client access, especially SMEs, logistics companies, IT firms, or representative offices looking to optimize operational cash flow. To ensure maximum benefits, businesses should carefully survey the following practical aspects:

• Net Usable Area: Measure the actual usable area versus the gross wall-to-wall area to calculate the optimal desk layout density.
• Parking Capacity: Assess the on-site parking capacity during peak hours to proactively arrange external parking alternatives if the company has a large headcount.
• AC Electricity Costs: Since individual AC is used, check the efficiency of the current units to forecast the monthly electricity budget.
• Overtime Fee Agreement: Clearly negotiate overtime (OVT) fees from the beginning if your team frequently works late or runs overnight projects.

Advisory Conclusion

The 18-4 Building (Vinfast) is a highly practical office solution that effectively resolves the budget constraints for businesses wanting to establish a brand presence on the bustling Pham Hung axis. The combination of reasonable rental rates and convenient connectivity creates a sustainable financial balance. To receive a detailed quotation, check the latest vacant spaces, and schedule a physical site visit, please contact GRES consultants for comprehensive support and the negotiation of the most favorable commercial terms.