Building Overview
Located on Da Tuong Street, Cua Nam Ward, Ha Noi, Sao Bac Building is one of the optimal Grade C office choices for small and medium-sized enterprises (SMEs), technology firms, financial companies, or representative offices seeking a central location with a reasonable budget. Rising 09 above-ground stories and 01 basement level, the building offers a typical floor plate of 500 sqm/floor. This regular and spacious floor plan is highly efficient compared to other Grade C options in the central business wardt, allowing tenants to easily partition departments or design open-plan workspaces to maximize density per actual usable square meter.
Location and Connectivity
Situated at 4 Da Tuong, Cua Nam Ward, Ha Noi, the building enjoys significant commercial advantages near the intersection of Tho Nhuom and Ly Thuong Kiet. This bustling administrative and commercial hub enables businesses to easily connect with major partners, government agencies, and surrounding banking networks.
- Ly Thuong Kiet and Tho Nhuom Arteries: Provide rapid connection to key streets such as Pho Hue, Hang Bai, and Ba Trieu, facilitating smooth daily commutes for employees and clients.
- Ha Noi Railway Station: Located just 700m away, offering excellent inter-provincial transport connectivity.
- Noi Bai International Airport: Approximately 35 to 40 minutes away via Vo Chi Cong and Nhat Tan Bridge, ensuring seamless schedules for welcoming foreign experts.
- Surrounding Amenities Ecosystem: Surrounded by VP Bank transaction office on the ground floor, alongside numerous office-friendly restaurants, cafes, and premium hotels for business hospitality.
Technical Specifications and Operations
Sao Bac Building is equipped with synchronized technical infrastructure to support continuous business operations:
- Scale & Floor Plate: 09 above-ground stories and 01 basement level; typical floor plate of 500 sqm/floor with minimal columns to maximize net usable area.
- Ceiling Height: Reaches a standard of 2.7 m, ensuring an airy workspace and easy installation of plaster ceilings and lighting systems.
- Elevator System: Equipped with 02 high-speed elevators for smooth operation, minimizing waiting times during peak hours.
- Air Conditioning System: Modern central air conditioning system, ensuring even cool air distribution throughout the office.
- Backup Power: 100% backup power generator capacity, automatically activated in case of power grid failures.
- Parking: 01 basement level for parking to meet the parking needs of staff.
- Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
From a financial perspective, the building offers a highly competitive cost-benefit ratio compared to other buildings in the central area:
- Reference Rental Price: $13 - $14 /m²/month (a competitive rate for a central location, subject to change based on leased area and lease timing).
- Service Fee: 2 USD/sqm/month.
- VAT: 10%.
- Electricity Fee: Actual consumption based on meter readings for each office.
- Overtime Fee (OVT): Negotiable depending on staff size and equipment usage.
- Minimum Lease Term: Minimum 3-year lease.
- Deposit & Payment: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
With its efficient 500 sqm regular floor plan, Sao Bac Building is an ideal choice for IT companies, financial-investment firms, law firms, or logistics agencies that require a single large floor plate to enhance inter-departmental collaboration. However, during physical site surveys, tenants should carefully analyze several technical factors to ensure long-term operational efficiency.
- Floor Efficiency: Measure the net usable area versus the gross area to plan the most optimal desk layout for staff density.
- Parking Capacity: Inspect the basement parking space during peak hours to proactively arrange alternative parking options if the quota is exceeded.
- Air Conditioning Coverage: Check the central AC diffusers at planned partitioned rooms to ensure proper air circulation.
- Overtime Infrastructure: Negotiate overtime (OVT) fees clearly if your business frequently operates night shifts or weekends.
Advisory Conclusion
Sao Bac Building represents a practical and economical office solution, successfully balancing a prime central location with reasonable rental costs. To receive a detailed quotation, the latest vacant area updates, and support in negotiating the most favorable lease terms at this building, please contact the consulting experts at GRES today.