319 Tower GRADE B

Building Overview

Officially put into operation in 2013 by the 319 Corporation of the Ministry of National Defense, 319 Tower on Le Van Luong street has quickly established itself as one of the most financially optimal Grade B office solutions. Comprising 21 above-ground floors and 02 basement levels, the building offers a typical floor plate of 760 sqm. Designed with modern architecture and managed directly by the developer, it provides a high-quality working environment while ensuring strict budget control for domestic and international enterprises.

Location and Connectivity

Located at the prime frontage of 63 Le Van Luong, Yen Hoa Ward, Hanoi, the building enjoys outstanding transport connectivity at the administrative boundary of the dynamically developing ward in Southwest Hanoi.

• Le Van Luong transport axis: Direct and rapid connection to Cau Giay, Thanh Xuan, Dong Da, and Nam Tu Liem ward, facilitating staff travel and business transactions.
• Grand Plaza Hotel / Commercial Center: Located within a 5-minute walk, offering great advantages for receiving diplomatic partners and organizing conferences.
• Noi Bai International Airport: Approximately 30 minutes away via the Ring Road 3 and Nhat Tan Bridge, optimizing business travel schedules.
• Surrounding utility ecosystem: Surrounded by a dense network of major banks, restaurants, and office cafes, fully meeting the daily needs of businesses.

Technical Specifications and Operations

The building's technical systems are designed to support high-density operations and ensure business continuity with the following specifications:

• Scale & Floor plate: Comprising 21 above-ground floors and 02 basement levels; typical floor plate of 760 sqm/floor, with a regular layout that optimizes actual usable space.
• Ceiling height: Reaches a standard of 2.7m, creating a spacious working environment and allowing easy installation of plaster ceilings.
• Elevator system: Equipped with 05 Mitsubishi high-speed elevators, minimizing waiting time during peak hours.
• Air conditioning system: Daikin central air conditioning system, ensuring even temperature distribution across the floor.
• Backup power: 100% backup power capacity, ensuring uninterrupted business operations during power outages.
• Parking space: 02 basement levels and surrounding the building, well-meeting the parking needs of employees and clients.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

For businesses seeking to optimize cash flow and tightly control operational budgets, the cost structure at the building offers a highly competitive advantage:

• Reference rental price: $11 - $12 /sqm/month (highly competitive for Grade B offices in this area).
• Service charge: 3.5 USD/sqm/month.
• VAT: 10%.
• Motorbike parking fee: 150,000 VND/motorbike/month.
• Car parking fee: Basement parking: 1,500,000 VND/car/month; Outdoor parking: 800,000 VND/car/month.
• Electricity consumption: Central air conditioning electricity is included in the service charge during standard working hours, saving significant monthly operational costs.
• Overtime fee (OVT): Negotiable based on actual business requirements.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

The building is particularly suitable for medium to large enterprises in technology, finance, logistics, and corporations looking for a professional headquarters at a reasonable budget. Below is a checklist for on-site inspection:

• Check space utilization efficiency: Measure the actual net usable area versus the gross area to accurately plan desk layouts.
• Evaluate after-hours AC needs: Define overtime requirements to negotiate the best OVT rates with the management.
• Survey parking capacity at peak hours: Verify the actual capacity of the 2 basements and surrounding areas during morning arrival and evening departure times.
• Verify backup power connection: Ensure the backup generator system is seamlessly connected to critical server and computer equipment.
• Assess natural lighting: Survey the Southeast-facing natural light to scientifically arrange functional departments.

Advisory Conclusion

319 Tower represents an ideal financial solution for businesses looking to establish their headquarters in the new Southwest central area of Hanoi. With the advantage of reasonable rent and inclusive air-conditioning electricity, the building maximizes operational cash flow. To receive a detailed operational cost breakdown and schedule a physical viewing, please contact GRES specialists today.