Building Overview
Plaschem Tower, developed by CTCP Hóa Chất Nhựa, provides a structured Grade B office environment in Bo De Ward, Hanoi. Managed directly by the building owner, this 18-story development with one basement floor caters to organizations seeking functional corporate space outside the high-density central business districts. The property offers a typical floor plate of 900 sqm, designed with a regular layout that allows tenants to partition offices efficiently. It serves as a practical option for businesses establishing a presence in the area while managing operational expenses.
Location and Connectivity
Situated at 562 Nguyen Van Cu, Bo De Ward, Hanoi, the building occupies a visible position along a major local thoroughfare. This location provides straightforward road access for employees and clients commuting to and from neighboring sectors. While specific transit times are subject to local traffic conditions, the surrounding Bo De Ward area hosts essential commercial amenities, dining options, and retail services. Tenants planning regional logistics should verify specific route access during peak hours to align with their operational requirements.
Technical Specifications and Operations
The building is equipped with standardized infrastructure to support daily business activities. Internal operations are maintained under the following technical parameters:
- Elevators: Three Mitsubishi brand passenger elevators.
- Climate Control: Modern central air conditioning system.
- Power Supply: 100% backup generator capacity to prevent operational downtime.
- Ceiling Height: Clear height of 2.7 meters.
- Parking: One dedicated basement floor supplemented by surrounding surface parking.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
Leasing terms require a minimum three-year commitment, with a three-month deposit and quarterly rental payments. The gross rent ranges from $12 to $13 per sqm, which includes the service fee. Additional costs include a 10% VAT, electricity billed by actual meter consumption, and monthly parking fees of 1,200,000 VND per car and 150,000 VND per motorbike. Prospective tenants should confirm current vacancy layouts and any overtime utility policies directly during site visits.
Leasing Costs and Commercial Terms
The financial structure at this property is relatively straightforward, with gross rents positioned between $12 and $13 per square meter. This rate already incorporates the base service fee, which helps tenants streamline their monthly operational forecasting. However, corporate occupiers must factor in the 10% VAT and monthly utility costs, which are billed based on actual sub-meter consumption.
Standard lease agreements require a minimum commitment of three years, paired with a three-month security deposit and quarterly rental payments. While these terms are typical for Grade B properties in Bo De Ward, tenants should address specific variables during the lease-drafting phase. Since overtime air conditioning fees are not pre-defined, negotiating these rates beforehand is essential for businesses planning regular late-shift operations.
Suitable Tenant Profiles and Checks
With a typical floor plate of 900 square meters that allows for flexible partitioning, the building is well-suited for organizations requiring large, contiguous office layouts without the high overheads of central Hanoi. Typical occupiers include logistics firms, administrative back-offices, and trading enterprises that benefit from the regional road network.
Before finalizing a lease, prospective tenants should conduct several on-site verifications:
- Floor Plan Efficiency: Inspect the physical column layout to ensure the 900 square meter space can be partitioned without losing usable area.
- Parking Allocation: Confirm the ratio of allocated car and motorbike spaces, especially during peak hours, as parking utilizes both the single basement and surrounding surface areas.
- Utility Metering: Verify that individual sub-meters are installed for your specific leased area to ensure accurate electricity billing.
- Fit-out Period: Negotiate the rent-free period allowed for office fit-out and renovation work.
Advisory Conclusion
Managed directly by the owner, CTCP Hóa Chất Nhựa, this development offers a stable and functional corporate environment in Bo De Ward. Its competitive pricing and reliable technical infrastructure, such as the full backup power generator and Mitsubishi elevators, make it a practical choice for cost-conscious businesses. Tenants are advised to perform a detailed site survey to confirm current vacancy configurations and secure clear terms on overtime usage before signing.