Golden Palace Lê Văn Lương GRADE C

Building Overview

Officially put into operation in 2015 by Hoang Cuong Construction Investment Company Limited, Golden Palace Le Van Luong has quickly established itself as one of the most pragmatic Grade C office choices in Western Hanoi. With a scale of 20 above-ground floors and 3 basements, including a 4-story podium dedicated to office space, the building provides substantial commercial space to meet the expansion needs of large enterprises.

The core operational highlight of the building lies in its exceptionally large floor plate of up to 1,800 sqm/floor, a rare specification in the Grade C segment. This allows businesses to optimize open-plan workspaces, eliminate departmental segregation, and enhance internal collaboration efficiency.

Location and Connectivity

The building is located at 54 Le Van Luong, Yen Hoa Ward, Ha Noi, right on the arterial route directly connecting Cau Giay, Thanh Xuan, and Dong Da ward. This area is characterized by rapid urbanization and hosts numerous major commercial and financial complexes.

• Le Van Luong Axis: Directly connects to key routes such as Hoang Dao Thuy, Lang Ha, Khuat Duy Tien, and Ring Road 3, facilitating seamless regional and international transit.
• National Convention Center and Big C Thang Long: Only a 5 to 7-minute drive away, offering a significant advantage for hosting corporate events and welcoming diplomatic clients.
• Noi Bai International Airport: Approximately 35 minutes away via Ring Road 3, connecting directly to Nhat Tan Bridge or Thang Long Bridge.
• Surrounding Amenities: Situated adjacent to major bank branches like BIDV and HSBC, alongside a variety of office-friendly restaurants and cafes to support daily business dining and client meetings.

Technical Specifications and Operations

Golden Palace Le Van Luong is equipped with synchronous technical infrastructure, fully meeting professional office operational standards:

• Scale & Floor Plate: Features 20 above-ground floors and 03 basements, with a 4-story podium dedicated to offices; typical floor plate reaches 1800 sqm/floor, supporting flexible partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated workspace and easy installation of ceiling technical systems.
• Elevator System: Equipped with 03 dedicated high-speed elevators for the office block to minimize waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even air distribution across all working areas.
• Backup Power: 100% backup power generator capacity to maintain full operations during grid power outages.
• Parking Space: 03 spacious basement levels and surrounding areas of the building, fully accommodating the parking needs of staff and visitors.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

The commercial policies and rental costs at the building are highly competitive and well-suited for budget-optimized businesses:

• Reference Rental Price: Approximately $15 - $16 /sqm/month (subject to change depending on leased area and timing).
• Service Fee: Included in the rental price.
• VAT: 10%.
• Motorbike Parking Fee: 5 USD/vehicle/month.
• Electricity Consumption: Billed based on actual consumption via individual sub-meters.
• Overtime Fee (OVT): Complimentary, providing great flexibility for companies operating night shifts or frequent overtime.
• Minimum Lease Term: Minimum 3 years.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its outstanding advantage of a large floor plate of 1,800 sqm, Golden Palace Le Van Luong is a strong fit for occupiers that want a large floor plate to keep several departments on one level, tech firms, training centers, or large corporations seeking to centralize operations. The large floor plate makes it easier to plan open workspaces and meeting rooms without wasting usable area. However, to ensure a smooth design and fit-out process, tenants should pay attention to the following practical inspection points:

• AC Ducting Layout: Verify the distribution of central AC vents when partitioning rooms to prevent temperature imbalances.
• Parking Capacity Check: Assess the 03 basements during morning and lunch peak hours to plan parking allocations for staff.
• Net vs. Gross Area Measurement: Conduct physical measurements of the usable (net) area versus the gross area to accurately calculate staff density.
• Elevator Traffic Assessment: Observe the performance and speed of the 03 office elevators during peak arrival and departure times.

Advisory Conclusion

Golden Palace Le Van Luong represents a highly pragmatic office leasing solution, successfully balancing cost efficiency with the demand for large floor plates in Western Hanoi. To receive detailed information on current vacancies, comprehensive operational cost estimates, and professional negotiation support, please contact GRES consultants to schedule a physical site inspection.