Diamond Flower Tower GRADE B

Building Overview

Diamond Flower Tower is a prominent Grade B office building on Le Van Luong axis, offering an excellent solution for optimizing corporate operational cash flow. Rising 37 stories with 3 basements, the dedicated office space is located from the 4th to the 15th floor, providing a typical floor plate of 1500 sqm. Completed in 2015 and achieving the Green Mark certification, the property is developed and directly managed by Hanoi Housing Investment and Development Joint Stock Company No. 6. The most significant financial advantage here is the complimentary overtime (OVT) policy and the integration of central air conditioning electricity into the fixed service charge, helping businesses completely eliminate seasonal cost fluctuations.

Location and Connectivity

The building is strategically located at 48 Le Van Luong, Yen Hoa Ward, Hanoi, right at the bustling intersection of Le Van Luong and Hoang Dao Thuy streets. This is a vibrant economic hub connecting the western ward, offering seamless commercial transactions for tenants.

• Le Van Luong - Lang Ha Axis: Provides rapid connection to Dong Da and Ba Dinh ward, and links directly to Lang Street for easy transit to neighboring areas.
• Ring Road 3 - Khuat Duy Tien Intersection: Located approximately 10 minutes away, opening quick access to neighboring provinces and northern/southern industrial zones.
• Noi Bai International Airport: Accessible within 30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, facilitating smooth international business receptions.
• Surrounding Amenities: Features a dense network of major bank branches such as Agribank, BIDV, and Vietinbank, alongside bustling office-friendly restaurants and cafes right at the doorstep.

Technical Specifications and Operations

Before making a leasing decision, businesses should address key practical questions: Does the cooling system perform reliably during peak summer days? Is the elevator capacity sufficient for rush-hour traffic? Does the parking lot accommodate the high volume of employee vehicles? Below are the actual technical specifications addressing these operational needs:

• Scale & Floor Plate: Comprises 37 stories and 3 basements, with professional office spaces from the 4th to 15th floor featuring a typical floor plate of 1500 sqm, designed to maximize usable area.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated working environment and easy installation of technical ceilings.
• Elevator System: Equipped with 6 high-speed KONE elevators, operating smoothly to minimize waiting times during peak hours.
• Air Conditioning System: Utilizes a high-efficiency Daikin central air conditioning system, ensuring even cool air distribution across the floor.
• Backup Power: 100% capacity backup generator, securing uninterrupted business operations during power outages.
• Parking Space: 3 spacious basement floors, fully satisfying the motorbike and car parking needs of both staff 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

To plan an accurate budget for a stable 3-year cycle, businesses must grasp the fixed and variable costs applied at the building:

• Reference Rental Rate: $12 - $14 /sqm/month (a highly competitive rate for a standard Grade B office in the new central business wardt).
• Service Charge: 3.63 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 110,000 VND/vehicle/month.
• Car Parking Fee: 1,320,000 VND/car/month.
• Electricity Consumption: Billed based on actual consumption via individual meters.
• Overtime Fee (OVT): Complimentary (a major financial advantage for companies with frequent late-night operations).
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring cash flow stability.

Suitable Tenant Profiles and Checks

With its large 1500 sqm floor plate and optimized financial policies, the building is highly suitable for IT companies, logistics firms, financial institutions, or multinational corporations requiring centralized workspace and minimized overtime costs. To ensure a seamless office setup, businesses should perform the following practical checklist:

• Verify Cooling Capacity: Identify the distribution of Daikin AC vents to design meeting room partitions without restricting airflow.
• Inspect Basement Parking: Assess the actual capacity of the 3 basements during morning and afternoon peak hours to allocate executive parking slots.
• Measure Net Usable Area: Conduct on-site measurements of the net usable area versus the gross area to create the most accurate seating layout.
• Confirm Handover Conditions: Check the status of ceilings, floors, and fire fighting systems before officially taking over the space from the landlord.

Advisory Conclusion

Diamond Flower Tower delivers an outstanding Grade B office solution with highly competitive operational costs, particularly the complimentary overtime policy and AC electricity included in the service charge. To receive a detailed quotation, updated vacant areas, and schedule an on-site tour, contact GRES consulting experts today.