Building Overview
Vnsteel Building is a Grade C commercial property located in Dong Da Ward, Hanoi. Developed by the Vietnam Steel Corporation (Tổng công ty thép Việt Nam) and managed directly by the building owner, this property provides a stable corporate environment. The structure consists of 8 above-ground floors and 1 basement level dedicated to parking.
The building is suited for organizations seeking a steady presence in a well-established commercial hub. While specific typical floor plate sizes are currently undergoing verification, the layout is designed to accommodate diverse business scales with flexible partitioning.
Location and Connectivity
Situated at 91 Lang Ha, Dong Da Ward, the property occupies a position along a major transport route. This location facilitates direct connections to surrounding commercial zones and local amenities.
Tenants benefit from proximity to various financial institutions, dining options, and administrative services. For precise transit times and local traffic patterns during peak hours, GRES advisers suggest conducting a physical site visit.
Technical Specifications and Operations
The building operates under standard business hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM. The technical infrastructure includes:
- Ceiling Height: Clear height of 2.7 meters.
- Elevators: 2 high-speed passenger elevators.
- Air Conditioning: Modern central air conditioning system.
- Backup Power: Generator capacity covering 100% of the building's operational needs.
- Parking: 1 dedicated basement level.
Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. Electricity for air conditioning is billed based on actual meter readings. Prospective tenants should verify current motorbike parking fees and available space allocations during lease negotiations.
Leasing Costs and Commercial Terms
The rental rate for Vnsteel Building is available upon request. Commercial terms dictate a minimum lease duration of 3 years, paired with a standard 3-month security deposit and quarterly rental payments. Value Added Tax (VAT) is applied at 10%.
Electricity consumption for the central air conditioning system is calculated and billed based on actual individual meter readings. Because specific monthly parking rates for motorbikes and cars are currently not pre-defined in the standard schedule, tenants must clarify these costs during direct negotiations.
Suitable Tenant Profiles and Checks
This property is suited for businesses seeking a stable Grade C office presence in Dong Da Ward. The flexible floor layouts accommodate various organizational structures, from small administrative units to mid-sized operations.
Before finalizing a lease agreement, GRES advisers suggest performing the following practical checks:
- Confirm current vacant floor areas and exact layout configurations with the building owner.
- Verify the allocation limit and monthly fees for motorbike and car parking spaces.
- Clarify any potential overtime or after-hours operational charges for air conditioning and lighting.
- Review the exact billing process for electricity and shared utility services.
Advisory Conclusion
Vnsteel Building provides a functional, owner-managed corporate environment on Lang Ha, Dong Da Ward. Its established management structure and essential technical systems offer a reliable foundation for long-term operations. Tenants seeking straightforward Grade C space with predictable terms will find this property to be a practical option for their business needs.