Hoàng Ngân Plaza GRADE C

Building Overview

From the independent market analysis of GRES specialists, Hoang Ngan Plaza represents a highly practical Grade C office option in Western Hanoi, distinguished by its mixed-use commercial model. Rising 19 stories high with 02 basements, the building allocates its 1st to 5th floors specifically for retail and office spaces, fostering a dynamic work environment with integrated on-site amenities. Featuring a spacious typical floor plate of 878 sqm, Hoang Ngan Plaza allows tenants to easily configure functional zones and maximize net usable area. It stands out as a compelling choice for businesses seeking cost-effective office spaces without compromising on essential operational standards.

Location and Connectivity

Hoang Ngan Plaza is strategically located at 125 Hoang Ngan, Yen Hoa Ward, Hanoi, positioned along a key connector road between the bustling commercial hubs of Trung Hoa - Nhan Chinh and Yen Hoa. This prime location grants businesses swift access to major ring roads and the new administrative center in the West of Hanoi.

• Le Van Luong and Tran Duy Hung Arteries: Facilitating direct and rapid connections to Thanh Xuan, Dong Da, and Ha Dong ward via adjacent major roadways.
• Thang Long Boulevard and Ring Road 3: Located just 5 minutes away from the elevated highway system, streamlining regional logistics and business travel to neighboring provinces.
• Noi Bai International Airport: Approximately 30 minutes of travel via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless schedules for international clients and partners.
• Surrounding Business Ecosystem: Surrounded by a high density of major bank branches, restaurants, business cafes, and neighboring office buildings, creating an ideal corporate networking environment.

Technical Specifications and Operations

To assist businesses in aligning their operational requirements, GRES has compiled the following technical specifications of the building:

• Scale & Floor Plate: 19 above-ground floors and 02 basement levels, featuring a typical floor plate of 878 sqm with flexible subdivision options.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated workspace even under high-density seating layouts.
• Elevator System: Equipped with 01 high-speed Mitsubishi elevator dedicated to the office and commercial blocks.
• Air Conditioning: Modern VRV central air conditioning system, allowing precise temperature control across different work zones.
• Backup Power: 100% capacity backup power generator, ensuring business continuity during power grid outages.
• Parking Facilities: 02 spacious basement levels fully accommodating the parking demands of employees and visiting clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:30 PM.

Leasing Costs and Commercial Terms

Below is a summary of the verified financial parameters and leasing conditions at the building, compiled by GRES:

• Reference Rental Rate: $11 - $13 /sqm/month (Subject to fluctuation based on leased area and lease commencement date).
• Service Fee: 1 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 2,000,000 VND/car/month.
• Electricity Consumption: Billed based on actual usage via individual office meters.
• Overtime (OVT) Fee: Negotiable based on the actual operational requirements of the tenant.
• Minimum Lease Term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its integrated commercial podium and large floor plate of 878 sqm, Hoang Ngan Plaza is highly suited for companies in technology, training, services, or any business looking to integrate dining and retail amenities within their workspace to enhance employee experience.

• Elevator Traffic Assessment: Monitor the performance of the single Mitsubishi elevator during peak hours to evaluate actual wait times for staff.
• Usable Area Measurement: Verify the ratio between wall-to-wall area and net usable area to plan the most efficient spatial layout.
• Parking Capacity Check: Confirm the actual availability of the 02 basements and pre-negotiate the allocation limits for both cars and motorbikes.
• Overtime (OVT) Fee Negotiation: Clarify how overtime fees are calculated if your business frequently operates night shifts or weekend schedules.

Advisory Conclusion

Hoang Ngan Plaza is a highly cost-effective Grade C office solution in Yen Hoa, offering a perfect balance between strategic commercial connectivity and a reasonable operational budget. To receive the latest vacant space updates, a detailed total cost estimation, and professional negotiation support, contact GRES specialists today to schedule an on-site inspection.