Building Overview
Completed in 2020, Golden Park Tower is a modern mixed-use development located in Cau Giay Ward. Developed by Cong ty TNHH Dau tu Va Xay dung Tay Do, the building stands 45 stories tall and features 4 dedicated basement levels. The designated office spaces are situated from Floor 2 to Floor 7, offering professional Grade B environments for corporate tenants.
A notable feature of the property is its expansive typical floor plate of 1,600 sqm. This generous floor size allows businesses to design open-plan layouts or partition the space flexibly to accommodate various departments on a single level, reducing internal fragmentation.
Location and Connectivity
The building is situated at 2 Pham Van Bach, Cau Giay Ward, Hanoi. This location places businesses in an active commercial zone within Cau Giay Ward, providing convenient access to local administrative offices and commercial services. The intersection nearby connects to major local thoroughfares, facilitating commutes for employees and clients.
Because specific travel times to key transport hubs are subject to local traffic conditions, prospective tenants are advised to perform a site survey during peak commuting hours. This will help verify actual transit times and evaluate the availability of nearby amenities and dining options for staff.
Technical Specifications and Operations
Golden Park Tower is equipped with standard technical systems to support daily business operations. The infrastructure includes the following specifications:
- Ceiling Height: 2.7 meters, ensuring a standard and comfortable office environment.
- Elevator System: 02 dedicated elevators serving the office floors to manage vertical traffic.
- Air Conditioning: Daikin Central Air Conditioning System for consistent climate control.
- Backup Power: 100% backup power generator capacity to maintain operations during outages.
- Parking: 04 spacious basement levels allocated for motorbike and car parking.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
The building is managed directly by the Developer, which simplifies administrative coordination. Tenants should verify specific overtime policies and utility metering arrangements during lease negotiations to ensure alignment with their operational schedules.
Leasing Costs and Commercial Terms
Leasing at Golden Park Tower involves structured commercial terms typical of Grade B properties in Cau Giay Ward. The base rent ranges from $17 to $18 per square meter per month, with an additional service fee of $1 per square meter per month. Value Added Tax (VAT) of 10% is applicable to these rates. Utility costs, specifically electricity for air conditioning, are billed based on actual consumption recorded by individual meters.
Additional operational expenses and standard lease parameters include:
- Car Parking Fee: 1,400,000 VND per vehicle per month.
- Motorbike Parking Fee: 150,000 VND per vehicle per month.
- Overtime Fee: Subject to negotiation based on usage requirements.
- Lease Term: A minimum commitment of 3 years is required.
- Payment Structure: A 3-month security deposit with quarterly rental payments.
Suitable Tenant Profiles and Checks
The 1,600 sqm floor plates make this property highly suitable for medium to large enterprises requiring contiguous space. Organizations that benefit from open-plan layouts or need to consolidate multiple departments on a single level will find the floor design efficient. It serves businesses looking to establish a modern operational base in Cau Giay Ward.
Before finalizing agreements, incoming tenants should conduct specific site checks. Because available areas fluctuate, verifying current vacant space is necessary. Additionally, since overtime fees are negotiable, businesses with late-night or 24/7 operations should clarify these costs during the initial proposal stage to avoid unexpected operational expenses.
Advisory Conclusion
Golden Park Tower, completed in 2020, offers a well-maintained Grade B infrastructure managed directly by the developer. The combination of extensive basement parking, modern Daikin climate control, and large floor plates provides a stable environment for corporate tenants. Prospective occupiers should align their space requirements with the building’s technical parameters and secure detailed terms on overtime and utility metering during negotiations.