Overview of Sapphire Building
Sapphire Building is a Grade C office building strategically located on Ba Trieu Street, one of the busiest and most vital thoroughfares in Hai Ba Trung District, Hanoi. Featuring a modern architectural design and a scale of 09 above-ground floors and 01 basement level, the building offers a substantial total leasable area, with a typical floor plate of 200 sqm. Sapphire Building is designed to meet the needs of small and medium-sized enterprises (SMEs), startups, or representative offices looking for a professional, well-equipped workspace at a reasonable cost in the central area of the capital.
The building focuses on optimizing space utilization, ensuring that each office receives ample natural light and fresh air, thereby creating a comfortable and highly productive working environment for the staff. Essential yet crucial amenities such as a modern ceiling-mounted air conditioning system, two high-speed Mitsubishi elevators, and a backup generator capable of meeting 100% power demand are fully equipped. This ensures continuous and uninterrupted business operations for tenants, even in the event of a power outage.
With its combination of prime location, stable infrastructure, and competitive rental costs, Sapphire Building is an attractive option for businesses looking to establish or expand their presence in one of Hanoi’s most dynamic economic areas.
Location and Connectivity
Sapphire Building proudly stands at 163 Ba Trieu Street, Hai Ba Trung Ward, Hanoi. This is not just an easily identifiable address but also a location that offers numerous strategic advantages for businesses. Ba Trieu Street is renowned as a bustling commercial and service hub, home to many shops, offices, and important public amenities.
- Convenient Transportation Connectivity: From Sapphire Building, tenants can easily access other major city routes such as Dai Co Viet, Le Dai Hanh, and Tran Khat Chan, making travel to neighboring districts like Hoan Kiem, Dong Da, and Ba Dinh quick and convenient. This is particularly important for businesses that require frequent interactions with partners or clients across different areas.
- Diverse Amenity Ecosystem: The area surrounding the building boasts a rich ecosystem of amenities. Within close proximity, one can find major banks (Vietcombank, Techcombank, VPBank), bustling commercial centers (Vincom Ba Trieu), a variety of restaurants and cafes, reputable hospitals (Central Eye Hospital, National Hospital of Obstetrics and Gynecology), and administrative agencies. The presence of these amenities not only serves work-related needs but also caters to the daily living, entertainment, and transactional activities of employees.
- Enhanced Corporate Image: A central city location on a prestigious street like Ba Trieu also contributes to enhancing the professional image and credibility of businesses in the eyes of partners, clients, and the labor market.
Technical Specifications and Operational Facilities
Sapphire Building is fully equipped with modern technical specifications and facilities, ensuring a stable, safe, and efficient working environment for all tenants:
- Building Scale: The building features a solid structure with 09 above-ground floors dedicated to offices and 01 spacious basement level.
- Typical Floor Area: Each floor offers an area of 200 sqm, providing high flexibility in arranging and designing workspace according to the specific requirements of each business, from open-plan offices to private departments.
- Standard Working Hours:
- Monday to Friday: 8:00 AM – 6:00 PM
- Saturday: 8:00 AM – 12:00 PM
These working hours align with the common business schedules in Vietnam.
- Air Conditioning System: The building is equipped with a modern ceiling-mounted air conditioning system, ensuring stable temperatures and fresh air, creating the most comfortable working conditions for employees year-round.
- Backup Power System: With a backup generator capable of meeting 100% power demand, Sapphire Building guarantees no interruptions to tenants’ business operations, even during grid power failures.
- Elevator System: The building features two high-speed Mitsubishi elevators, facilitating quick, safe, and efficient movement between floors, minimizing waiting times.
- Parking Area: Parking needs for employees and clients are met through the building’s 01 basement level and various public and private parking spots around the Ba Trieu area.
Leasing Costs and Commercial Terms
Sapphire Building offers flexible leasing conditions with competitive rental rates, suitable for the budgets of various types of businesses in central Hanoi:
- Office Rent: From $11 to $13 /sqm/month (excluding VAT). This price reflects the value of a central location and the basic amenities the building provides.
- Service Fee: Included in the rent. This fee covers management, maintenance, common area cleaning, 24/7 security, and other building utility services.
- Value Added Tax (VAT): 10% on the total rent and service fee.
- Car Parking Fee: Tenants can utilize public or private car parking facilities near the building. Detailed cost information will be provided at the time of leasing.
- Motorbike Parking Fee: 120,000 VND/motorbike/month, a reasonable fee for motorbike parking in the central area.
- Overtime Fee: Requests for working outside standard hours will be negotiated directly with the building management, ensuring flexibility for businesses with special needs.
Detailed leasing terms, including lease duration, payment methods, and other conditions, will be negotiated and clearly stipulated in the lease agreement, ensuring transparency and fairness for both parties.
Suitable Business Tenants
With its prominent advantages in location, amenities, and cost-effectiveness, Sapphire Building is an ideal choice for a wide range of businesses:
- Small and Medium-sized Enterprises (SMEs): These businesses often seek a professional, fully equipped workspace at a reasonable rental price in the city center to optimize operational costs.
- Startups and Newly Established Businesses: A prestigious address on Ba Trieu will help startups build a strong brand image from the outset, while providing a dynamic working environment with easy access to clients and partners.
- Representative Offices or Branch Offices: Larger companies looking to expand their network or establish a representative office in Hanoi can find in Sapphire Building an independent, efficient workspace without significant infrastructure investment.
- Service-Oriented Businesses: Especially consulting firms, IT companies, e-commerce businesses, educational institutions, or other professional services that frequently need to interact with clients and partners in the city center.
- Businesses Requiring Flexibility: With a typical floor area of 200 sqm, the building can accommodate leasing needs for smaller areas, suitable for businesses that require flexibility in expanding or reducing their office footprint.
Conclusion
Sapphire Building at 163 Ba Trieu is a commendable and attractive Grade C office choice in Hai Ba Trung District, Hanoi. The building offers a harmonious blend of a strategic central location, essential yet comprehensive operational amenities, and competitive rental costs. This allows Sapphire Building to effectively meet the needs of various business types, especially companies seeking a professional, convenient, and economically valuable working environment.
With its convenient transportation connectivity and diverse surrounding amenity ecosystem, Sapphire Building is not just a workspace but also a solid foundation, maximally supporting the sustainable growth and success of your business in the competitive market of the capital.