Overview of the Building
Cong Doan Building stands as a notable Grade C office for lease option in central Hanoi, catering to businesses seeking efficient workspace at a reasonable cost. With its modern architecture and a scale of 08 above-ground floors and 02 basements, the building offers flexible total leasable area, suitable for various business types from small to medium-sized enterprises, especially those aiming to maintain a presence in the capital’s key economic zone.
Strategically located, Cong Doan Building not only provides convenience in transportation but also benefits from the vibrant business environment of Hoan Kiem district. This area is home to numerous government agencies, financial institutions, and large corporations, fostering a dynamic business ecosystem. The internal amenities are fully equipped, from the air conditioning system to backup power, ensuring a professional and comfortable working environment that fully supports all tenant operations.
Location and Connectivity
Situated at 1B Yet Kieu, Cua Nam Ward, Hoan Kiem District, Hanoi, Cong Doan Building boasts a prime location, offering easy access to major arterial roads and the city center. This location provides a significant advantage in terms of transportation, allowing employees and partners to easily reach the building from all directions, minimizing commute times and enhancing work efficiency.
From Cong Doan Building, tenants can quickly connect to important administrative agencies, major banks, high-end restaurants, hotels, and other bustling commercial areas of Hanoi. The convenience of travel and access to surrounding amenities is a major plus, not only facilitating business transactions but also contributing to enhancing the company’s image and operational effectiveness. The area also concentrates many public facilities, ensuring a convenient lifestyle for employees.
Technical Specifications and Operational Amenities
Cong Doan Building is designed with standard technical specifications and operational amenities, ensuring a stable and efficient working environment, suitable for the needs of modern businesses:
- Scale: The building features 08 above-ground floors and 02 spacious basements, providing ample space for offices and parking.
- Typical Floor Area: Approximately 800 m2/floor, offering flexibility in space division, from small offices to open-plan workspaces for large teams.
- Working Hours:
- Monday – Friday: 8:00 AM – 6:00 PM
- Saturday: 8:00 AM – 12:30 PM
These standard working hours are suitable for most businesses, with special arrangements potentially available upon discussion.
- Air Conditioning System: A modern central air conditioning system ensures cool and comfortable air throughout working hours, creating optimal conditions for productivity.
- Backup Power System: A backup generator provides 100% power capacity, ensuring continuous operation even during grid power outages, helping businesses avoid work interruptions.
- Elevator System: A system of 02 Sanaky brand elevators, regularly maintained, facilitates quick and convenient movement between floors, minimizing waiting times.
- Parking: The 02 spacious basement levels provide safe and convenient parking for both cars and motorbikes for employees and clients.
Lease Costs and Commercial Terms
Lease terms at Cong Doan Building are designed to provide transparency and flexibility for clients, helping businesses easily budget their expenses:
- Rent: From $17 – $18 /m²/month (excluding VAT). This price is considered competitive within the Grade C office segment in central Hoan Kiem.
- Service Fee: Included in the rent, covering management costs, maintenance, common area cleaning, 24/7 security, and other utility services.
- Value Added Tax (VAT): 10% according to current Vietnamese regulations.
- Car Parking Fee: Calculated according to the building’s specified price list, ensuring fairness and clarity for all tenants.
- Motorbike Parking Fee: A certain number of motorbikes are complimentary based on the leased area, a significant incentive that helps reduce operational costs for businesses.
- Overtime Fee: To be negotiated directly with the building management, providing flexibility for businesses requiring work outside standard office hours.
Detailed information regarding lease contracts, minimum lease terms, and other clauses will be provided upon client inquiry and arrangement of office viewing appointments.
Suitable Business Types
With its prime central location, reasonable lease costs, and comprehensive basic amenities, Cong Doan Building is an ideal choice for various business types, especially those seeking a stable and efficient workspace in Hanoi:
- Startups and Small and Medium-sized Enterprises (SMEs) looking for offices in the city center with an optimal budget, desiring a reputable business address.
- Representative offices or branches of larger companies aiming to expand their operations in Hanoi, requiring an independent and professional workspace.
- Businesses in information technology, consulting, services, e-commerce, education, or other sectors needing a dynamic, easily accessible, and highly connected workspace.
The building provides a stable working environment, allowing businesses to focus on growth without worrying about basic operational issues, while also facilitating talent acquisition and retention.
Conclusion
Cong Doan Building at 1B Yet Kieu, Cua Nam Ward, Hoan Kiem, is a highly recommendable Grade C office option for businesses seeking efficient workspace in central Hanoi. With its convenient location, comprehensive amenities, stable technical specifications, and competitive lease costs, the building promises a professional working environment that fully supports the sustainable development of businesses. This presents an opportunity for companies to establish or expand their presence in one of the capital’s most dynamic economic zones.