VTC Lạc Trung GRADE C

Building Overview

Developed by VTC Digital Television and directly managed by the Building Owner, VTC Lac Trung is one of the most budget-friendly office solutions in the eastern area of Hanoi. Comprising 19 above-ground floors and 02 basement levels, the building provides a substantial floor plate of 1,140 sqm per floor, allowing large-scale enterprises to optimize staff density on a single floor. This is a smart financial strategy that significantly reduces initial setup costs and monthly operational expenses compared to similar properties in the central business ward.

Location and Connectivity

The building is prominently located at 23 Lac Trung, Vinh Tuy Ward, Hanoi, a bustling commercial street with high trading density. The Lac Trung route features well-developed traffic infrastructure, enabling businesses to easily connect with central ward and the eastern part of the city without major traffic obstacles.

• Nguyen Khoai and Minh Khai Arteries: Provide quick access to Vinh Tuy Bridge, expanding trade connectivity to industrial zones and urban areas in East Hanoi.
• Vincom Mega Mall Times City: Only 5-10 minutes away from major commercial hubs, facilitating client entertainment and external relations.
• Noi Bai International Airport: Approximately 35-40 minutes away via the Nguyen Khoai dyke road connecting to Nhat Tan Bridge or Chuong Duong Bridge.
• Surrounding Amenities: Surrounded by a dense network of major bank branches such as VPBank, BIDV, Vietinbank, and Techcombank, along with various restaurants and cafes for daily business meetings.

Technical Specifications and Operations

VTC Lac Trung is equipped with synchronized technical infrastructure, fully meeting the operational standards of a professional office:

• Scale & Floor Plate: Comprising 19 above-ground floors and 02 basement levels; typical floor area is 1,140 sqm/floor, easily adaptable for open-plan layouts or flexible subdivisions.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring optimal ventilation for the workspace.
• Elevator System: Equipped with 06 high-speed elevators, minimizing waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, distributing cool air evenly across the floor plate.
• Backup Power: 100% power backup generator, ensuring uninterrupted business operations during power outages.
• Parking Space: 02 basement levels and surrounding areas of the building, fully accommodating the motorbike and car parking needs of employees.
• Standard Working Hours: Monday - Friday from 8:00 AM to 6:00 PM, Saturday from 8:00 AM to 12:30 PM.

Leasing Costs and Commercial Terms

With a focus on maximizing operational cash flow for tenants, the rental policy at the building is highly competitive:

• Reference Rent: $9 - $10 /sqm/month (an extremely attractive rate for a large-scale building).
• Service Fee: Included in rent, allowing businesses to easily plan a fixed monthly budget.
• VAT: 10%.
• Motorbike Parking Fee: 60,000 VND/vehicle/month.
• Car Parking Fee: 900,000 VND/car/month (ground floor parking during office hours).
• Electricity Consumption: Actual consumption as per individual office meters.
• Overtime Fee (OVT): Negotiable based on the tenant's equipment usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring stability for operational cash flow.

Suitable Tenant Profiles and Checks

The building is highly suitable for technology, media, and communication firms, or large-scale enterprises looking to optimize rental costs per square meter, as well as businesses requiring quick access to the eastern region of Hanoi.

• Verify Usable Area (Net vs. Gross): Clarify the ratio of usable area to wall-to-wall area to accurately plan the desk layout.
• Assess Peak-Hour Parking Capacity: Evaluate the actual capacity of the 2 basements and surrounding areas during morning arrival and evening departure hours.
• Negotiate Overtime (OVT) Fees: Clarify the pricing structure for after-hours operations if your business runs night shifts or weekend schedules.
• Evaluate Elevator Efficiency: Observe the speed and traffic flow of the 6 elevators during lunch hours and peak departure times.

Advisory Conclusion

VTC Lac Trung Building is an ideal office space solution for businesses seeking the perfect balance between a reasonable rental budget and a large, professional workspace. To receive a detailed report on current vacancies, a real cost comparison, and professional negotiation support, please contact GRES consultants today.