Talico Building GRADE C

Building Overview

From the independent market analysis of GRES specialists, Talico Building represents a highly pragmatic cost-optimization solution for small and medium-sized enterprises (SMEs), representative offices, or technology teams requiring a neat, quick-to-setup workspace to commence operations immediately. With a scale of 10 above-ground floors and 1 basement, this Grade C office building offers a typical floor plate of 240sqm, which can be flexibly partitioned into smaller areas to suit the actual needs of tenants.

Despite being in the budget-friendly office segment, the building still ensures stable basic operational standards with synchronous technical infrastructure. This is an ideal choice for businesses prioritizing the reduction of fixed overheads while maintaining a professional business address in the heart of Dong Da wardt.

Location and Connectivity

The building is located at 22 Ho Giam, Van Mieu Quoc Tu Giam Ward, Hanoi, a quiet street that nevertheless offers highly flexible traffic connectivity to the arterial routes of Dong Da and Ba Din ward.

• Cat Linh - Ton Duc Thang Axis: Enables rapid connection to the Ba Dinh political center, Hoan Kiem wardt, and the western area of Hanoi via major nearby roads.
• Temple of Literature (Van Mieu - Quoc Tu Giam): Situated adjacent to this famous historical landmark, providing an airy landscape and high location recognition when hosting business partners.
• Noi Bai International Airport: Approximately 35-40 minutes away via Vo Chi Cong and Nhat Tan Bridge, facilitating convenient domestic and international business trips.
• Surrounding Utility Ecosystem: The neighborhood features numerous major bank branches, restaurants, local eateries, and office cafes, fully serving the daily dining and reception needs of staff.

Technical Specifications and Operations

The technical infrastructure at the building is fully equipped to ensure continuous working efficiency for businesses:

• Scale & Floor Plate: Consists of 10 above-ground floors and 1 basement parking level, with a typical floor plate of 240sqm, easily partitioned to optimize the workspace.
• Elevator System: Equipped with 2 high-speed Fuji elevators, ensuring rapid movement between floors and minimizing waiting times during peak hours.
• Air Conditioning System: Utilizes an individual split-unit air conditioning system, allowing tenants to actively adjust temperatures based on actual usage and save energy.
• Backup Power: A backup generator with a capacity of 100kVA, meeting basic electricity demands during power grid outages.
• Parking Space: 1 basement parking level of 240sqm dedicated to motorcycles, well-meeting the parking needs of staff.
• Standard Working Hours: Monday to Saturday, from 8:00 AM to 6:00 PM, matching the operational pace of most commercial and service enterprises.

Leasing Costs and Commercial Terms

The leasing policy at the building is geared towards simplicity and maximum cost efficiency for tenants:

• Reference Rent: 12 USD/sqm/month (inclusive of service charges, exclusive of VAT).
• Service Fee: Already included in the rent, helping businesses easily control their monthly fixed budget.
• VAT: 10%.
• Motorcycle Parking Fee: Free of charge, a significant financial advantage that reduces the commuting cost burden for employees.
• Car Parking Fee: No car parking available inside the building (businesses can park at nearby public parking lots).
• Electricity Charges: Charged based on actual electricity consumption measured by individual meters for each office.
• Overtime Fee (OVT): Negotiable depending on the specific operational needs and frequency of the business.
• Minimum Lease Term: Minimum of 3 years to ensure business stability.
• Deposit & Payment: A standard market practice of a 3-month deposit and quarterly payments applies.

Suitable Tenant Profiles and Checks

With its mid-sized floor plate and flexible layout design, the building is exceptionally well-suited for SMEs, tech startups, and representative offices with 15 to 50 staff looking to optimize space costs. However, to ensure smooth daily operations, businesses should carefully inspect the following practical aspects:

• Car Parking Solutions: Since the building does not have internal car parking, businesses should survey nearby public car parks in advance to accommodate directors or visiting clients.
• Individual AC Capacity: Check the installation locations and cooling performance of the split-unit AC system in the leased area to ensure a comfortable working environment during hot summer days.
• Space Layout Planning: Measure the actual usable area to plan the optimal desk arrangement, making the most of corner spaces due to the partitioned nature of the floor.
• Overtime Policy: Clearly negotiate overtime operational costs if the business regularly works late or operates night shifts.

Advisory Conclusion

Talico Building is one of the most pragmatic and economical Grade C office choices in the Dong Da area. With the advantage of free motorcycle parking, reasonable rent inclusive of service fees, and a highly accessible location, the building helps businesses solve their operational cost challenges during the establishment and growth phases. Contact GRES specialists today to receive the latest availability updates and schedule a free site inspection.