Vinafoam Tower GRADE B

Building Overview

From the independent market analysis of GRES specialists, Vinafoam Tower represents an outstanding cash flow optimization solution for enterprises seeking large floor plates in the East of Hanoi. With highly competitive rental rates ranging from $15 to $18 /sqm, this Grade B office building delivers superior economic efficiency compared to equivalent projects in the central business ward. The building features 05 stories and 01 basement, offering a typical floor plate of 1,000 sqm/floor. This spacious layout allows businesses to easily design centralized workspaces, eliminating the operational costs of managing multiple floors.

Location and Connectivity

The building is located at 1/6 Vu Duc Thuan, Viet Hung Ward, Ha Noi, positioned right on the internal traffic axis connecting directly to the arterial roads of Long Bient.

• Vu Duc Thuan traffic axis: Provides quick access to Ngo Gia Tu and Nguyen Van Cu streets, facilitating smooth travel to central ward and northern provinces.
• Vinh Tuy and Chuong Duong Bridges: Takes only 5 to 10 minutes to connect directly to Hoan Kiem wardt, Hai Ba Trung wardt, and Hanoi's city center.
• Noi Bai International Airport: Conveniently accessible within 25 to 30 minutes via the Dong Anh - National Route 5 extension or Nhat Tan Bridge.
• Surrounding utility ecosystem: Close to Aeon Mall Long Bien, Vinhomes Riverside, major commercial banks, restaurants, and corporate cafes.

Technical Specifications and Operations

Vinafoam Tower is equipped with synchronous technical infrastructure to ensure high operational efficiency:

• Scale & Floor plate: Comprises 05 stories and 01 basement, with a typical floor plate of 1,000 sqm/floor featuring a well-proportioned layout for flexible partitioning.
• Ceiling height: Reaches a standard of 2.7 m, ensuring airy workspaces and maximizing natural light.
• Elevator system: Equipped with 3 high-speed elevators, ensuring rapid vertical transportation during peak hours.
• Air conditioning system: Utilizes an individual air conditioning system, allowing independent temperature control for each leased area.
• Backup power: Supported by a 100% capacity backup generator, ensuring uninterrupted business operations.
• Parking space: 1 basement floor provides ample space for staff and visitor parking.
• Standard working hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

From a financial perspective, Vinafoam Tower offers highly attractive leasing terms that optimize business cash flow:

• Reference rent: $15 - $18 /sqm/month (highly competitive in the Grade B office segment).
• Service fee: 3 USD/sqm/month.
• VAT: 10%.
• Electricity consumption: Air conditioning electricity is included in the service charge, saving businesses a significant amount of monthly operational expenses.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Vinafoam Tower is an ideal choice for medium to large-sized enterprises, technology firms, logistics companies, or organizations requiring large floor plates up to 1,000 sqm to optimize centralized work efficiency.

• Check floor space efficiency: Evaluate the net usable area versus gross area to optimize the layout of workstations.
• Confirm overtime charges: Clarify the calculation method for overtime fees (if any) if the company operates night shifts or weekends.
• Inspect parking capacity: Assess the actual capacity of the basement during peak hours to ensure convenience for employees.
• Negotiate fit-out period: Secure a rent-free period during the office interior construction phase.

Advisory Conclusion

Vinafoam Tower stands out as one of the most cost-effective Grade B office options in the Long Bien area when balancing cost and performance. With the advantage of a 1,000 sqm floor plate and air conditioning electricity included in the service fee, businesses can save a massive portion of their operational budget. Contact GRES specialists today to receive a detailed quotation, update the latest vacant spaces, and schedule a site visit completely free of charge.