Building Overview
Hanoi Tower, completed in 1998 by the investor Cong ty TNHH Thap Trung Tam Ha Noi, remains an established Grade A office development in Hanoi. Managed directly by the developer, this commercial property comprises two towers rising between 14 and 18 above-ground floors, supported by two basement levels. The development holds both LEED and Green Mark certifications, reflecting its adherence to international environmental and operational standards.
The property caters to corporate tenants seeking structured floor plates in a central business location. With a typical floor plate of 800 square meters, the floor layout is square and designed to support open-plan configurations or division into multiple departmental zones.
Location and Connectivity
Situated at 49 Hai Ba Trung Street, Cua Nam Ward, Hanoi Tower occupies a central position within the city’s established administrative and commercial fabric. Tenants operating from this address benefit from direct access to the surrounding business infrastructure in Cua Nam Ward.
Because specific local transit times and nearby landmarks are subject to real-time traffic conditions, incoming tenants should conduct a localized site survey to assess peak-hour commute patterns and pedestrian access routes for employees and clients.
Technical Specifications and Operations
The building’s operational infrastructure is designed to maintain continuous business activities through standard and extended working hours.
- Floor Plate & Ceiling: 800 sqm typical floor area with a finished ceiling height of 2.7 meters.
- Vertical Transportation: 6 high-speed passenger elevators servicing the towers.
- Climate Control: Modern central air conditioning system, with electricity costs for cooling included in the service charge.
- Power Backup: 100% capacity backup generator ensuring full operational continuity during outages.
- Parking Facilities: 2 dedicated basement levels supplemented by an auxiliary parking area.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:30 PM.
Overtime operations are structured to minimize overhead, with no additional fees applied when the central air conditioning system is not in use. Tenants are advised to verify current vacancy configurations and specific utility metering arrangements during lease negotiations.
Leasing Costs and Commercial Terms
Leasing at this property involves structured financial commitments typical of Grade A assets. The base rent ranges from $25 to $28 per square meter per month, excluding a service charge of 7 USD per square meter per month and a 10% VAT. A key operational advantage is that electricity for central air conditioning is already included in the service charge, which simplifies monthly utility budgeting.
The standard commercial terms require:
- Minimum Lease Term: 3 years.
- Financial Security: A 3-month security deposit.
- Payment Frequency: Quarterly in advance.
- Vehicle Parking: 3,000,000 VND per car per month and 150,000 VND per motorbike per month.
- Overtime Charges: Free of charge when the central air conditioning system is not utilized.
Suitable Tenant Profiles and Checks
The 800-square-meter square floor plates are well-suited for large corporations requiring open-plan configurations or multi-departmental setups. The dual-tower layout allows organizations to separate operational divisions while maintaining a unified corporate address in Cua Nam Ward.
Before finalizing lease agreements, prospective tenants should conduct specific checks:
- Verify the exact available area configurations at the time of inquiry, as floor divisions vary.
- Confirm the allocation of parking spaces within the two basements and auxiliary parking area.
- Review the specific utility metering for non-AC electricity consumption.
- Assess the fit-out guidelines provided by the developer to ensure alignment with corporate design standards.
Advisory Conclusion
Hanoi Tower remains a stable option for corporate occupiers seeking established Grade A infrastructure in Cua Nam Ward. Its LEED and Green Mark certifications reflect a commitment to international operational standards, which aligns with the compliance requirements of multinational tenants. While completed in 1998, the building’s continuous management by the developer ensures consistent maintenance of its technical systems, including the six high-speed elevators and full backup power. Tenants should coordinate with GRES to review current vacancies, negotiate specific fit-out periods, and evaluate how the existing layout divisions can accommodate their headcount density.