Overview of the Building
Hoa Phat Building, located at 257 Giai Phong Street, Bach Mai Ward, Hanoi, stands out as a notable Grade C office option in the area. With a total of 27 above-ground floors, including 5 dedicated to professional office space, and 3 spacious basement levels for parking, the building offers a stable and convenient working environment. Developed and managed by one of Vietnam’s leading conglomerates, Hoa Phat, the building not only inherits a strong reputation but also ensures operational quality. Its strategic location on the arterial Giai Phong road provides easy access to central areas and public amenities, making it an ideal location for businesses seeking a cost-effective office in Hanoi.
Location and Connectivity
Situated at 257 Giai Phong Street, Bach Mai Ward, Hai Ba Trung District, Hoa Phat Building boasts a prime location, serving as a southern gateway to Hanoi’s capital. Giai Phong Street is one of the main arteries, connecting various inner-city districts and acting as a vital route to southern provinces.
From this location, businesses can easily access:
- Central city areas such as Hoan Kiem Lake and the Old Quarter within approximately 15-20 minutes of travel.
- Major universities like Hanoi University of Science and Technology, National University of Civil Engineering, and National Economics University, facilitating recruitment and collaboration.
- Hospitals such as Bach Mai Hospital, Viet Phap Hospital, and National Geriatric Hospital, ensuring medical convenience.
- Hanoi Railway Station and Giap Bat Bus Station, convenient for inter-provincial travel.
- Public amenities including banks, restaurants, cafes, and supermarkets nearby, meeting all daily needs of employees.
With a developed public transportation network, including numerous bus routes passing by, commuting to and from Hoa Phat Building is exceptionally convenient, helping to reduce travel time and costs for employees.
Technical Specifications and Operational Facilities
Hoa Phat Building is designed to provide a professional and efficient working environment, featuring reliable technical specifications and operational facilities:
- Scale: The building comprises a total of 27 above-ground floors, with 5 floors designated for office leasing. Additionally, 3 spacious basement levels are reserved for parking, accommodating both cars and motorcycles.
- Air Conditioning System: The building is equipped with a modern central air conditioning system, ensuring cool and stable air throughout working hours, providing maximum comfort for occupants.
- Backup Power System: With a high-capacity generator, the building can provide 100% backup power, ensuring continuous and uninterrupted operations even during grid power outages.
- Elevators: The building is equipped with 2 high-speed elevators, facilitating quick and convenient movement between floors, especially during peak hours.
- Working Hours: Standard working hours are from 8:00 AM to 6:00 PM, Monday to Friday, and from 8:00 AM to 12:00 PM on Saturday, aligning with the schedules of most businesses.
- Parking: 3 spacious basement levels offer secure and convenient parking for both staff and visitors.
While information regarding typical floor area is currently being updated, the existing facilities affirm Hoa Phat Building as a reliable office choice.
Leasing Costs and Commercial Terms
Detailed information regarding office leasing costs at Hoa Phat Building is currently being updated to ensure accuracy and market relevance. However, the basic commercial terms have been outlined as follows:
- Rent: Price information is currently being updated.
- Service Fee: Currently being updated. This fee typically covers building management and operation costs, system maintenance, 24/7 security, common area cleaning, and public lighting.
- Value Added Tax (VAT): 10% on the total rent and service fee.
- Car Parking Fee: Currently being updated.
- Motorbike Parking Fee: Currently being updated.
- Overtime Fee (OVT fee): Negotiable directly with the building management, offering flexibility for businesses requiring work outside standard office hours.
Leasing conditions and preferential policies may vary depending on the time and leased area. Interested businesses should contact directly to receive the most detailed quotes and consultation.
Suitable Business Profiles
With its convenient location, stable facilities, and anticipated competitive leasing costs, Hoa Phat Building is an ideal choice for various business profiles:
- Small and Medium-sized Enterprises (SMEs): Businesses seeking professional office space at a reasonable cost in an easily accessible location.
- Start-up Companies: Requiring a stable location for growth without the burden of excessively high costs.
- Representative Offices: For domestic or international companies wishing to establish a presence in the southern gateway area of Hanoi, convenient for trade and market expansion.
- Businesses in Education and Healthcare: Due to its proximity to major universities and hospitals, facilitating staff recruitment and client access.
The building provides a professional, secure, and fully equipped working environment, well-suited to the needs of businesses desiring stability and efficiency.
Conclusion
Hoa Phat Building at 257 Giai Phong is a commendable Grade C office option in Hanoi. With its advantages of convenient transportation, integrated technical infrastructure, and essential operational facilities, the building offers a cost-effective office solution for businesses. While some detailed pricing information is currently being updated, the potential for a stable and professional working environment here is evident. This is an ideal location for companies looking to optimize office leasing costs while ensuring quality and convenience in their daily business operations.