AC Building Grade C

Building Overview

Located in the alley 78 of Duy Tan Street, Cau Giay Ward, Ha Noi, AC Building is a Grade C office building featuring 10 stories and 1 basement. With a typical floor plate of 600 sqm/floor, the building provides well-proportioned, column-free workspaces that optimize actual usable area. Completed in 2011 by AC Electromechanical Equipment Company and managed by An Dien Company, the building offers a stable office solution, balancing rental costs and real-world operational efficiency. Compared to other buildings in the same segment in the Duy Tan area, AC Building stands out due to its rent-inclusive service fee policy, helping businesses easily control monthly fixed cash flows. However, since it is located in an alley, tenants should consider traffic density during peak hours, in exchange for a quieter working environment and significantly more competitive rental rates than those on main roads.

Location and Connectivity

The building's exact public address is at 3 Ngo 78 Duy Tan, Cau Giay Ward, Ha Noi. Duy Tan Street has long been established as Hanoi's "Silicon Valley," featuring the highest density of technology, telecommunications, and financial enterprises in the wardt. Being located in a wide alley keeps the building away from direct main-road noise while still ensuring rapid traffic access.

• Duy Tan Street and Ring Road 3: Connects directly to major arterial routes such as Pham Hung, Pham Van Dong, Xuan Thuy, and Tran Thai Tong, making travel to neighboring ward and the western area highly convenient.
• Hotel and Commercial Hubs: Positioned close to major hotels like Novotel Suites Hanoi, commercial centers, and large office buildings, facilitating professional partner receptions and diplomatic meetings.
• Noi Bai International Airport: Takes approximately 30 minutes via Pham Van Dong Street and Thang Long Bridge or Nhat Tan Bridge, optimizing travel time for domestic and international business trips.
• Surrounding Utility Ecosystem: Surrounded by a network of major banks such as Vietcombank, TPBank, BIDV, and numerous office-friendly restaurants and cafes, fully meeting the daily needs of employees.

Technical Specifications and Operations

The building's technical systems are synchronously invested to ensure continuous working efficiency for businesses:

• Scale & Floor Plate: Built with 10 stories and 1 basement, featuring a typical floor plate of 600 sqm/floor with a square, column-free layout, allowing businesses to easily partition departments and optimize desk density.
• Ceiling Height: Reaches a standard of 2.7m, creating a spacious feel and facilitating the installation of plaster ceilings and office lighting.
• Elevator System: Equipped with 02 high-speed Schindler elevators, ensuring rapid vertical transportation during morning and afternoon peak hours.
• Air Conditioning System: Utilizes a Daikin central air conditioning system, distributing temperature evenly and saving energy efficiently.
• Backup Power: A Kohler backup generator meets 100% of the building's power capacity in the event of a main grid failure.
• Parking Area: 1 basement level and surrounding building area are logically arranged to meet the parking needs of both staff and visiting clients.
• Standard Working Hours: Monday - Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:30 PM).

Leasing Costs and Commercial Terms

Below is a summary of the financial parameters and actual leasing terms at the building:

• Reference Rental Price: From $12 - $14 /sqm/month (rates may vary depending on the leased area and lease signing timing).
• Service Fee: Included in rent, helping businesses minimize unexpected management costs.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Charged based on actual consumption from individual office meters.
• Overtime (OVT) Fee: 0.02 USD/sqm/hour, an extremely competitive rate for businesses that frequently work late.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit and quarterly payment.

Suitable Tenant Profiles and Checks

With its strategic location in the Duy Tan tech hub and a well-proportioned 600 sqm floor plate, AC Building is an excellent choice for tech, IT, software companies, and SMEs looking to establish an office in this vibrant area on a reasonable budget.

• Check parking capacity: Since the building has only 1 basement, businesses with large workforces should carefully survey the actual number of motorbike and car parking spaces during peak hours, or look for additional parking lots nearby.
• Measure net usable area: Clearly determine the ratio between gross and net usable area to optimize the office layout design.
• Evaluate elevator efficiency: With 10 stories and 2 Schindler elevators, businesses should inspect transit speeds at 8:00 AM and 12:00 PM to proactively manage employee schedules.
• Negotiate Overtime (OVT) fees: Although the OVT rate of 0.02 USD/sqm/hour is low, tech companies running overnight projects should still negotiate lump-sum or free OVT options for larger leased areas.

Advisory Conclusion

AC Building is one of the most optimal Grade C office options in the Duy Tan area when balancing cost and operational efficiency. The wide alley location provides the necessary quietness for high-focus tasks like programming and research, while the rent-inclusive service fee helps businesses optimize their fixed budget. To receive actual vacant area updates, detailed cost breakdowns, and the best lease negotiation support, contact a GRES consultant today.