N01-T4 Phú Mỹ Complex GRADE B

Building Overview

Located in the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, N01-T4 Phu My Complex is a prominent Grade B mixed-use development completed in 2017. Rising 35 stories with 03 basement levels, the building dedicates its 1st to 5th floors entirely to professional office spaces, featuring a completely independent lobby and entrance from the residential zone. With a typical floor plate of 1500 m²/floor, N01-T4 Phu My Complex offers highly flexible partitioning options starting from 50 sqm up to full-floor layouts. Compared to other buildings in the same segment within the area, this development stands out due to its deep integration of professional workspaces and premium on-site amenities, fully meeting the operational demands of modern enterprises.

Location and Connectivity

The building is situated on a wide internal road within the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, benefiting from well-planned infrastructure and direct access to the city's key arterial routes.

• Pham Van Dong and Vo Chi Cong Arteries: Enable businesses to connect seamlessly across regions, reaching Cau Giay, Tay Ho, and the northern ward of Hanoi rapidly.
• Starlake Urban Area and New Administrative Center: Located adjacent to the building within a 10-minute drive, facilitating smooth business transactions and administrative work with government ministries.
• Noi Bai International Airport: Accessible in approximately 25 minutes via Vo Chi Cong Road and Nhat Tan Bridge, optimizing travel time for executive business trips and international clients.
• Surrounding Business Ecosystem: Surrounded by a dense network of major banks such as Vietcombank, BIDV, MB Bank, alongside premium restaurants and cafes suitable for daily business meetings.

Technical Specifications and Operations

To ensure continuous business operations and high performance, the building is equipped with standardized technical infrastructure.

• Scale & Floor Plate: Comprises 35 above-ground floors and 03 basement levels, with dedicated office spaces from the 1st to 5th floors featuring a typical floor plate of 1500 m²/floor.
• Ceiling Height: Reaches a standard of 2.7 m, maximizing natural light and providing ample space for technical installations.
• Elevator System: Equipped with 02 dedicated elevators for the office block, minimizing waiting times during peak hours.
• Air Conditioning System: Centralized ceiling-mounted air conditioning system, ensuring consistent temperature distribution across the floor.
• Backup Power: 100% backup power capacity, ensuring uninterrupted business operations during power outages.
• Parking Area: Parking available across 3 basement levels, fully accommodating the motorbike and car parking needs of employees and visitors.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The cost structure at the building reflects high competitiveness within the Grade B office segment in Northwestern Hanoi.

• Reference Rent: $11 - $13 /m² (subject to change based on leased area and negotiation timing).
• Service Fee: Included in gross rent, allowing businesses to optimize fixed budget forecasting.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Billed based on actual consumption via individual meters.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of being located in a highly secure diplomatic zone and offering large floor plates of 1500 m²/floor, N01-T4 Phu My Complex is an ideal choice for technology firms, financial institutions, NGOs, or multinational representative offices seeking a quiet, secure, and professional working environment. When conducting an on-site survey, businesses should carefully evaluate the following operational aspects:

• Elevator Efficiency During Peak Hours: Since the office block utilizes 02 dedicated elevators, high-density businesses should assess traffic flow during morning arrivals and evening departures.
• AC System and Electricity Costs: As AC electricity is billed based on actual meter consumption, tenants should inspect the thermal insulation of the building's glass facade to estimate summer utility costs.
• Net vs. Gross Area: Clearly define the usable (net) area versus the gross area to optimize the office layout and desk density.
• On-site Amenities: Evaluate access to integrated facilities such as supermarkets, gyms, and swimming pools to incorporate them into employee welfare policies.

Advisory Conclusion

N01-T4 Phu My Complex stands out as one of the most cost-effective Grade B office options in the Diplomatic Corps Area. The combination of a strategic location, standard technical infrastructure, and competitive rental rates provides a sustainable competitive advantage for businesses establishing their headquarters here. Contact GRES specialists today to receive a detailed quote, updated vacant spaces, and schedule a complimentary on-site tour.