VTC Online Building GRADE C

Under the market analysis perspective of GRES specialists, VTC Online Building in the Southern area of Hanoi stands out as one of the optimal choices for technology and media enterprises, thanks to its massive floor plates and convenient commercial connectivity.

Building Overview

VTC Online Building is a Grade C office building developed by VTC Multimedia Corporation and completed in 2010. The building stands out with LEED and Green Mark certifications, offering a sustainable and eco-friendly workspace. Scaling 21 stories with 1 basement level, it provides a typical floor plate of up to 1500 sqm/floor, facilitating highly efficient centralized workspace planning.

Location and Connectivity

The building is located at 18 Tam Trinh, Tuong Mai Ward, Hanoi, a strategic position at the southern gateway of the capital, allowing businesses to easily trade and access major traffic arteries.

• Tam Trinh traffic axis: A key route directly connecting to Ring Road 2.5 and Ring Road 3, facilitating rapid transit to Southern and Eastern provinces.
• Times City Complex / Mall / Park / Hospital / Landmark: Only 5 minutes away from Times City urban area, providing access to a bustling shopping mall and international-standard healthcare and education services.
• Noi Bai International Airport: Approximately 40 minutes of travel via Minh Khai - Vinh Tuy route or Ring Road 2, ensuring seamless schedules for business trips.
• Surrounding utility ecosystem: Home to major bank branches such as Vietinbank, BIDV, and Techcombank on the ground floor and nearby, along with numerous restaurants and cafes for business meetings.

Technical Specifications and Operations

Before making a leasing decision, businesses should verify the following actual technical specifications to ensure optimal operational efficiency:

• Scale & Floor plate: 21 stories with 1 basement level; typical floor plate of 1500 sqm/floor, designed to maximize usable workspace and easily accommodate open-plan layouts.
• Ceiling height: Reaches a standard 2.65 m, ensuring a well-ventilated office environment.
• Elevator system: Equipped with 05 high-speed elevators to ensure smooth traffic during peak hours.
• Air conditioning system: Modern central air conditioning system providing even temperature distribution.
• Backup power: 100% capacity backup power generator to maintain operations during power outages.
• Parking space: 1 basement level and surrounding areas of the building, well-accommodating the parking needs of staff and clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Below is a detailed table of costs and commercial terms applicable at the building:

• Reference rent: $10 - $11 /sqm/month (highly competitive for a large-scale building).
• Service fee: Included in rent.
• VAT: 10%.
• Motorbike parking fee: 120,000 VND/motorbike/month.
• Car parking fee: 1,300,000 VND/car/month.
• Electricity consumption: Actual consumption as per meter.
• Overtime fee (OVT): Complimentary, optimizing operational costs for night-shift operations.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is highly suitable for large corporations, tech, and media companies requiring an expansive 1500 sqm floor plate to design open-plan layouts and foster collaboration.

• Verify elevator efficiency: Observe the actual speed and waiting time of the 5 elevators during peak morning and afternoon hours.
• Evaluate parking capacity: Confirm the actual capacity of the basement and surrounding areas for a large workforce.
• Measure net usable area: Calculate the ratio of net usable area versus gross area to optimize desk layout.
• Check air conditioning zoning: Assess cooling capacity in meeting rooms or server rooms that require continuous operation.

Advisory Conclusion

VTC Online Building represents a high-quality office solution with extremely reasonable operational costs in Southern Hanoi. To receive the latest vacant space updates and schedule a physical site visit, please contact GRES specialists for comprehensive support.