Quang Minh Tower N02-T3 GRADE C

Building Overview

Officially put into operation in 2017 by CTCP Đầu tư Bất động sản Quang Minh, Quang Minh Tower N02-T3 has quickly established itself as a prominent Grade C office building in the northwestern area of Hanoi. With a scale of 25 above-ground floors and 2 basements, the building features a massive typical floor plate of 1800 sqm/floor and holds the LOTUS green building certification. GRES evaluates this as an optimal space solution for businesses seeking high-quality workspaces with smart layouts designed to maximize daily operational efficiency.

Location and Connectivity

The building is located on the front of Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, right on the extended Nguyen Van Huyen street, directly opposite the Embassy of South Korea, offering highly clear traffic connections for international business activities.

• Nguyen Van Huyen and Pham Van Dong axes: Enable rapid regional connectivity to Cau Giay and Tay Ho ward, as well as the Ring Road 3 elevated highway.
• Embassy of South Korea and Diplomatic Corps Park: Positioned directly opposite the building, providing outstanding diplomatic advantages and a relaxing green environment for staff.
• Noi Bai International Airport: Takes approximately 25 minutes of travel via the highly clear Nhat Tan Bridge or Vo Chi Cong route.
• Surrounding utility ecosystem: Fully converges major bank branches such as BIDV and VIB on the 1st floor, alongside a rich variety of restaurants and office cafes within the urban area.

Technical Specifications and Operations

Below are the core technical specifications verified directly by GRES with the building management:

• Scale & Floor plate: 25 above-ground floors and 2 basements; typical floor plate of 1800 sqm/floor, supporting flexible partitioning from 50 sqm to full floors.
• Ceiling height: Reaches a standard of 2.7 m, optimizing natural light.
• Elevator system: Equipped with 2 high-speed elevators dedicated to the office block.
• Air conditioning system: Modern central air conditioning system, ensuring optimal temperature distribution.
• Backup power: Backup generator meeting 100% of the building's operational capacity during outages.
• Parking: An area of 2 basements and surrounding spaces fully meets the parking needs of staff.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

The financial terms and actual operational costs at the building are applied as follows:

• Reference rental price: $11 - $13 /sqm/month (rates may vary depending on the leased area and timing).
• Service fee: 0.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 80,000 VND/motorbike/month.
• Car parking fee: 1,500,000 VND/car/month.
• Electricity consumption: Charged based on actual consumption via individual office meters.
• Overtime fee (OVT): Negotiable based on actual operational needs.
• Minimum lease term: Minimum 3 years.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With the advantage of large floor plates up to 1800 sqm and its location opposite diplomatic agencies, the building is an ideal choice for IT companies, financial firms, logistics providers, representative offices, or medium-to-large enterprises (SMEs) requiring spacious, LOTUS-certified green workspaces.

• Check AC efficiency: Inspect the central air conditioning system at the planned partition locations to ensure stable airflow.
• Evaluate peak-hour parking: Verify the capacity of the 2 basements and surrounding areas to accommodate a large number of staff.
• Validate floor partitioning plan: Work with the management on partitioning options from the 1800 sqm floor plate to optimize actual usable space.
• Measure net usable area: Conduct actual measurements of the net usable area versus the gross area to accurately calculate staff density.
• Negotiate overtime fees: Clearly agree on the overtime (OVT) fee structure if your business frequently operates night shifts or weekends.

Advisory Conclusion

Quang Minh Tower N02-T3 is one of the leading Grade C office buildings offering large floor plates and LOTUS-standard construction quality in the Xuan Dinh area. To receive a detailed quotation, the latest vacant space updates, and to schedule a physical site visit, please contact GRES consultants immediately for comprehensive support and cost optimization.