Building Overview
Machinco Building is a Grade C office development located at 133 Thai Ha, Dong Da Ward. The property rises 6 above-ground floors, offering a generous typical floor plate of 700 sqm. This spacious, square layout allows tenants to divide the space flexibly into open-plan work areas or separate departments.
The building caters to enterprises requiring a significant physical footprint in a highly active commercial corridor. Leasing terms require a minimum of 3 years, with a standard 3-month deposit and quarterly rental payments. The rent is priced between $11 and $12 per sqm, which already includes the service fee, making it a cost-effective option for businesses seeking predictable operational expenses.
Location and Connectivity
Situated on Thai Ha in Dong Da Ward, the building sits within a major commercial and entertainment hub. Nearby local landmarks include the National Cinema Center, Hanoi TV, and the Parkson commercial center. This positioning provides tenants with direct access to retail, dining, and administrative services.
Because parking fees for cars and motorbikes are currently listed as needing updates, incoming tenants should verify the exact monthly parking allocations and rates during the site survey. The primary parking option is the space around the building, though tenants should confirm if additional basement parking is available for staff and visitors.
Technical Specifications and Operations
The building operates under standard business hours from Monday to Friday (8:00 AM to 6:00 PM) and Saturday (8:00 AM to 12:00 PM). The technical infrastructure includes:
- Ceiling Height: Clear height of 2.7 meters.
- Air Conditioning: Modern central air conditioning system.
- Power Backup: 100% capacity backup generator.
- Elevators: 2 high-speed passenger elevators.
- Parking: Dedicated parking space around the building.
- Electricity: Billed based on actual consumption via individual meters.
Overtime charges are negotiable. Tenants are advised to clarify the specific terms for after-hours air conditioning and electricity use prior to signing. The 10% VAT is applicable to the rental rates and should be factored into the total monthly leasing budget.
Leasing Costs and Commercial Terms
The financial structure at Machinco Building is straightforward, with base rents ranging from $11 to $12 per square meter. This rate already incorporates the building service fee, which simplifies monthly operational accounting. However, tenants must account for the 10% VAT and electricity costs, which are billed based on actual consumption via individual meters.
Key commercial terms include:
- Minimum Lease Term: 3 years.
- Deposit: Equivalent to 3 months of rent.
- Payment Cycle: Quarterly.
- Overtime Charges: Subject to direct negotiation depending on usage.
Suitable Tenant Profiles and Checks
With a generous floor plate of 700 square meters, the building is well-suited for medium to large enterprises that require contiguous space on a single level. This layout supports open-plan configurations or distinct departmental zoning.
Before finalizing a lease, prospective tenants should conduct specific checks:
- Parking Allocations: Since car and motorbike parking fees are currently listed as needing updates, verify the exact monthly rates and the maximum vehicle quota allocated to your floor area.
- After-Hours Operations: Negotiate overtime fees early if your business requires regular evening or weekend operations, as these are handled on a case-by-case basis.
- Current Vacancy: Confirm the exact square footage available at the time of inquiry, as floor divisions may vary.
Advisory Conclusion
Machinco Building provides a practical, cost-effective office solution in Dong Da Ward. Its spacious floor plates and inclusive service fees make it a viable option for budget-conscious organizations needing a significant physical presence. Ensuring a thorough review of parking availability and overtime terms during the site visit will help secure a highly predictable leasing arrangement. Tenants should also clarify the exact boundary of the parking space around the building to ensure smooth daily operations for staff and visitors. This proactive verification helps avoid unexpected operational friction later, allowing businesses to focus entirely on their core activities.