Building Overview
Sky Tower is a Grade C office building situated at 19-21 Hue Street, Cua Nam Ward, Hanoi. The property features a structure of 9 office floors and 2 basement floors, providing functional spaces for small and medium-sized enterprises. With a typical floor plate of 300 sqm, the layout is well-proportioned and easy to divide, allowing tenants to configure their workspaces efficiently according to their operational needs.
The building is suited for businesses seeking a professional image and active operations in a central commercial area. The flexible floor divisions make it adaptable for various business types, from administrative offices to transaction centers.
Location and Connectivity
Located on Hue Street within Cua Nam Ward, Sky Tower offers tenants a central position that facilitates business transactions and client meetings. The surrounding area in Cua Nam Ward hosts a variety of local amenities, including food and beverage options, retail outlets, and administrative services. Tenants can easily connect with partners due to the established street network, though specific travel times and parking allocations for cars should be confirmed during an on-site inspection.
Technical Specifications and Operations
Sky Tower is equipped with standard technical systems to support daily business operations. The building operates from Monday to Friday (8:00 AM to 6:00 PM) and Saturday (8:00 AM to 12:00 PM).
- Ceiling Height: Clear height of 2.7 meters, maintaining a comfortable working environment.
- Vertical Transportation: Serviced by 2 high-speed elevators.
- Climate Control: Ceiling-mounted air conditioning system, with electricity billed on actual metered consumption.
- Power Supply: 100% backup power generator capacity to ensure business continuity.
- Parking Facilities: 2 basement floors dedicated to parking, with motorbike parking priced at 150,000 VND per vehicle per month.
- Overtime Policy: Overtime operations are complimentary, offering flexibility for extended working hours.
Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. Prospective tenants are advised to verify current vacant areas and specific car parking availability prior to signing.
Leasing Costs and Commercial Terms
The commercial terms at Sky Tower are structured to provide predictable operational costs for small and medium enterprises. The rental rate ranges from $12 to $14 per square meter per month, which already includes the building service fee. Value Added Tax (VAT) of 10% is applied additionally to the base rate.
- Base Rent: $12 to $14 per square meter per month (inclusive of service fees).
- Lease Term: Minimum commitment of 3 years.
- Payment Structure: 3-month security deposit with quarterly rental payments.
- Motorbike Parking: 150,000 VND per vehicle per month.
- Electricity & Utilities: Billed based on actual metered consumption.
- Overtime Charges: Complimentary, allowing tenants to operate beyond standard hours without additional fees.
Suitable Tenant Profiles and Checks
Sky Tower is well-suited for businesses prioritizing a central presence in Cua Nam Ward, particularly those requiring frequent client interactions or a professional corporate image. The 300 sqm floor plates offer flexible division options, making the building adaptable for administrative offices, representative branches, or local service firms.
Before finalizing any lease agreement, prospective tenants should conduct specific on-site verifications:
- Confirm the exact available floor areas and partition options at the time of inquiry.
- Verify car parking capacity within the two basement levels and negotiate monthly car parking fees.
- Review the capacity of the backup generator relative to any specialized IT or server requirements.
- Clarify the exact billing mechanism for electricity used by the ceiling-mounted air conditioning system.
Advisory Conclusion
Sky Tower offers a practical Grade C office solution on Hue Street, Cua Nam Ward, combining a central location with a competitive cost structure. The inclusion of service fees in the base rent and the complimentary overtime policy provide practical financial advantages for businesses with extended working hours. Tenants seeking to establish their operations here are advised to arrange a detailed site survey to assess the physical layout, elevator efficiency, and secure the most up-to-date commercial proposal.