Housing Office GRADE C

Building Overview

From the independent market analysis perspective of a GRES specialist, Housing Office on Trung Kinh Street stands out as a highly efficient Grade C office option, perfectly suited for businesses seeking to optimize operational costs while maintaining strong commercial connectivity. Featuring 06 above-ground floors and a typical floor plate of 400 sqm/floor, the building is managed directly by the Owner, offering maximum flexibility in partitioning office spaces to accommodate small to medium-sized enterprises. The well-proportioned floor plate without major column obstructions maximizes usable carpet area, allowing tenants to easily design open-plan offices and arrange workstations efficiently without wasting space.

Location and Connectivity

Housing Office is located at 299 Trung Kinh, Yen Hoa Ward, Hanoi, right at the strategic intersection of Trung Kinh, Tran Thai Tong, and Yen Hoa streets. This area is characterized by rapid urbanization and a high concentration of commercial activities, making it an ideal hub for business transactions and corporate services in Cau Giay wardt.

• Trung Kinh and Tran Thai Tong Arteries: Connect directly to key routes such as Tran Duy Hưng, Duong Dinh Nghe, Pham Hung, and Cau Giay, ensuring rapid inter-wardt travel.
• Ring Road 3 System: Located just 5 minutes away from the elevated highway, providing convenient access for business trips to neighboring provinces or western Hanoi.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, facilitating smooth arrivals for international clients.
• Surrounding Amenities: Surrounded by major bank branches (Vietcombank, BIDV, Techcombank), vibrant dining streets, and office-friendly cafes to support daily staff needs and client meetings.

Technical Specifications and Operations

The building is equipped with synchronized technical infrastructure, meeting all professional office operational standards:

• Scale & Floor Plate: Consists of 6 above-ground floors with a typical floor plate of 400 sqm, easily divisible to fit various business scales.
• Ceiling Height: Reaches a standard of 2.7 m, ensuring a well-ventilated working environment and easy installation of suspended ceilings and lighting.
• Elevator System: Equipped with 02 high-speed Mitsubishi elevators, ensuring smooth operation and minimal waiting times during peak hours.
• Air Conditioning: High-quality individual air conditioning system, allowing flexible temperature control for each office zone.
• Backup Power: A backup generator ensuring 100% power supply for the entire building during grid outages.
• Parking Space: Features a spacious 1,000 sqm parking area within the building premises, effectively resolving parking issues for both staff and visitors.
• Standard Working Hours: Monday - Friday (7:00 AM - 6:00 PM) and Saturday (7:00 AM - 12:30 PM).

Leasing Costs and Commercial Terms

GRES provides a summary of rental rates and commercial terms applicable at Housing Office:

• Reference Rental Price: $10 - $11 /sqm/month (rates may vary depending on leased area and lease commencement date).
• Service Fee: 0.65 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 90,000 VND/motorbike/month.
• Car Parking Fee: 800,000 VND/car/month.
• Electricity Charges: Actual consumption as per individual office meters.
• Overtime Fee: Negotiable based on actual business requirements.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit with quarterly payments.

Suitable Tenant Profiles and Checks

With its reasonable budget and convenient location in central Cau Giay, Housing Office is highly suitable for small and medium-sized enterprises (SMEs), IT companies, logistics firms, or representative offices requiring a stable, accessible, and cost-effective workspace.

• Verify Parking Capacity: Confirm the exact allocation of motorbike and car parking spaces based on the leased area to plan for any overflow.
• Measure Usable Area: Conduct physical measurements of the carpet area versus the wall-to-wall area on drawings to optimize rental costs.
• Inspect Individual AC System: Evaluate cooling efficiency in corner zones and agree on routine maintenance schedules with the building management.
• Negotiate Overtime Fees: If your business regularly operates late or runs weekend projects, clarify overtime costs in the lease agreement.

Advisory Conclusion

Housing Office at 299 Trung Kinh represents a highly economical and efficient office solution in Cau Giay wardt. The combination of excellent transport links, a generous 1,000 sqm parking area, and highly competitive operating costs ensures the building maintains a consistently high occupancy rate. Contact a GRES specialist today to receive detailed quotes, check current vacancies, and schedule a complimentary site visit.