Building Overview
Boasting a solid structure of 17 above-ground floors and a 3-story commercial podium, 187 Nguyen Luong Bang Building stands out as one of the Grade C office buildings with the largest typical floor plates in Dong Da wardt. Offering a typical floor area of up to 2,000 sqm, the building provides a rare spatial advantage in this segment.
The square-shaped floor layout allows for highly efficient space utilization, eliminating dead corners and columns. Compared to leasing multiple smaller floors across different buildings, consolidating all staff on a single, expansive floor plate here significantly reduces operational overhead, enhances internal communication, and streamlines management.
Location and Connectivity
Strategically located at 187 Nguyen Luong Bang, Dong Da Ward, Hanoi, the building sits on one of the most vibrant arterial streets of Dong Da wardt, a bustling commercial hub with highly synchronized public infrastructure.
- Nguyen Luong Bang arterial route: A key traffic corridor connecting directly to major streets like Tay Son, Ton Duc Thang, Xa Dan, facilitating quick travel to Ba Din, Thanh Xuan, and Hoan Kiem ward.
- Ho Dac Di Lake / Retail / Hotel / Park cluster: Just a 5-minute drive to the lake, shopping centers, and neighboring office buildings, offering excellent convenience for business meetings and client entertainment.
- Noi Bai International Airport: Approximately 40 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, ensuring seamless travel for executive business trips and international partners.
- Surrounding business ecosystem: Densely packed with major bank branches (Vietcombank, BIDV, Techcombank), restaurants, and office cafes, fully catering to the daily needs of employees.
Technical Specifications and Operations
187 Nguyen Luong Bang Building is equipped with synchronized technical infrastructure to support continuous business operations:
- Scale & Floor plate: 17 above-ground floors and 01 basement. The podium comprises 03 commercial floors, with a typical floor plate of 2000 sqm.
- Ceiling height: Reaches a standard of 2.7 m, ensuring an airy and comfortable working environment.
- Elevator system: Equipped with 04 high-speed elevators, minimizing waiting times during peak hours.
- Air conditioning system: Modern central air conditioning system, distributing temperature evenly across the entire floor.
- Backup power: 100% backup power generator, ensuring uninterrupted operations during power outages.
- Parking: 01 basement level for parking along with the building's surrounding courtyard to accommodate motorbikes and cars.
- Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
Below is a summary of the financial parameters and commercial terms applicable at the building:
- Reference rent: $11 - $12 /sqm/month (highly competitive for a large-scale floor plate in a central location).
- Service fee: 0.5 USD/sqm/month.
- VAT: 10%.
- Electricity consumption: Billed based on actual usage via individual sub-meters.
- Overtime fee (OVT): Negotiable depending on actual usage requirements.
- Minimum lease term: Minimum 3-year lease.
- Deposit & Payment: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
With its expansive 2,000 sqm floor plate, the building is an optimal choice for large corporations, IT enterprises, training centers, or businesses requiring a unified, single-floor layout to maximize collaboration. However, due to the high density of personnel on one floor, tenants should pay attention to several operational factors during site inspection.
- Elevator efficiency during peak hours: Assess the capacity of the 4 elevators relative to your large workforce to plan staggered working hours if necessary.
- Parking capacity: Inspect the single basement and surrounding courtyard to ensure adequate parking spaces for your staff.
- Acoustic and spatial layout: Utilize the column-free, square layout to install acoustic glass partitions, preventing noise from traveling across a large open-plan office.
- Network and cabling infrastructure: Verify the location of cable trays and technical shafts to guarantee stable high-speed internet for a large number of simultaneous users.
Advisory Conclusion
187 Nguyen Luong Bang Building represents a highly cost-effective office solution in Dong Da wardt, perfectly balancing reasonable rental costs with the demand for large floor plates. To receive updated information on current vacancies, floor plans, and to secure the most favorable lease terms, please contact GRES specialists for comprehensive advice and a complimentary site tour.