N01-T1 Ngoại Giao Đoàn GRADE C

Building Overview

Boasting the LOTUS green building certification along with a scale of 27 stories and 03 basement floors, N01-T1 Ngoại Giao Đoàn stands out as one of the few Grade C office buildings in Northwest Hanoi that strictly meets modern sustainable architecture and high operational efficiency standards. Completed in 2019 by Lạc Hồng Investment Joint Stock Company, the building offers a typical floor plate of approximately 1,300 sqm/floor. This well-proportioned layout allows for easy division and efficient space optimization, making it an ideal choice for medium to large-scale enterprises.

Location and Connectivity

The building is strategically located in the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, situated right on a major internal road that connects directly to the city's key arterial routes. This rapidly developing area hosts numerous diplomatic missions and modern urban projects, offering outstanding commercial advantages for businesses.

• Nguyen Van Huyen and Vo Chi Cong Arteries: Enable rapid connection to central ward such as Tay Ho, Cau Giay, and Ba Dinh, as well as easy access to outer areas via major beltways.
• Tay Ho Tay and Diplomatic Corps Urban Areas: Positioned adjacent to major urban zones, inheriting synchronized infrastructure, fresh air from the nearby regulating lake, and high diplomatic security.
• Noi Bai International Airport: Takes approximately 25 minutes via Pham Van Dong or Vo Chi Cong and Nhat Tan Bridge, highly convenient for business trips and welcoming international partners.
• Surrounding Utility Ecosystem: Surrounded by embassies, major banks, restaurants, and premium office cafes, fully meeting the daily needs of employees and business entertainment.

Technical Specifications and Operations

To ensure practical operational efficiency and optimize workspace layout, businesses should review the following core technical specifications and amenities:

• Scale & Floor Plate: Comprises 27 stories and 03 basement floors; typical floor plate is approx. 1,300 sqm/floor with a column-free design to maximize usable net area.
• Ceiling Height: Reaches a standard of 2.7m, ensuring a spacious and airy working environment even with high-density seating layouts.
• Elevator System: Equipped with 04 high-speed elevators dedicated to the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Features a central air conditioning system, ensuring consistent and comfortable temperature distribution across the floor.
• Backup Power: 100% backup power generator capacity to maintain seamless business operations during any power outages.
• Parking Lot: 03 spacious basement floors, fully accommodating the parking needs of both motorbikes and cars for staff and visitors.
• Standard Working Hours: Monday - Friday (7:30 AM - 6:30 PM) and Saturday (7:30 AM - 1:00 PM), matching the operational pace of most businesses.

Leasing Costs and Commercial Terms

The following table summarizes the rental costs and commercial terms at the building, helping businesses plan their operational budgets effectively:

• Reference Rent: $10 - $12 /sqm/month (subject to change based on leased area and lease timing).
• Service Fee: 0.5 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,300,000 VND/car/month.
• Electricity Consumption: Charged based on actual consumption via individual meters.
• Overtime Fee (OVT): Negotiable depending on actual usage requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of LOTUS green certification, a large floor plate of 1,300 sqm, and convenient transport connections, this building is a strong choice for companies prioritizing sustainable workspaces and modern amenities. It is particularly suitable for technology firms, logistics companies, international organizations, or representative offices looking for a green workspace to boost productivity and employee well-being. Before signing the lease, businesses should conduct the following practical checks:

• Verify Space Efficiency: Measure the actual net usable area versus the gross area to plan the exact seating density.
• Assess Parking Capacity: Evaluate the availability of motorbike and car parking spaces during peak morning and afternoon hours.
• Evaluate HVAC Performance: Determine the zoning plan for the office layout to ensure even cooling and optimize electricity costs.
• Clarify Overtime Fees: Confirm the OVT fee structure if your business frequently operates night shifts or weekend hours.
• Verify Handover Conditions: Inspect the current state of ceilings, floors, and electrical systems to estimate fit-out costs and timelines.

Advisory Conclusion

N01-T1 Ngoại Giao Đoàn is an outstanding Grade C office choice in Northwest Hanoi, perfectly balancing LOTUS green building standards, large floor plates, and highly competitive rental costs. To receive detailed information on currently vacant spaces and to get professional support in negotiating the best commercial terms, please contact the consulting experts at GRES.