Building Overview
Sevin Office is a Grade C commercial development completed in 2021 by CT TNHH Dau tu Sevin. Managed directly by the developer, the property features a 4-story podium dedicated to retail and office functions. The building layout allocates the first floor for retail activities, the second and third floors for office leasing, and the fourth floor for a gym, health services, and additional office spaces.
With a typical floor plate of 2,876 sqm, the building accommodates organizations requiring large, contiguous floor areas. The square floor plates allow tenants to configure layouts according to specific operational needs.
Location and Connectivity
Situated at 609 Truong Dinh, Hoang Mai Ward, Hanoi, the building provides direct access to local transport routes. The surrounding area hosts several financial institutions within a 500-meter radius, including Agribank Truong Dinh, VP Bank, and Sacombank PGD Tan Mai, which support daily business transactions.
As specific transit times and regional connections are subject to local traffic conditions, tenants are advised to conduct on-site surveys to evaluate commute times for their workforce during peak hours.
Technical Specifications and Operations
The building is equipped with standardized infrastructure to support daily business operations. The technical and operational details include:
- Ceiling Height: Clear height of 2.7 meters.
- Elevators: 08 high-speed elevators servicing the podium.
- Air Conditioning: Modern central air conditioning system, with electricity costs for cooling included in the service charge.
- Backup Power: Generator capacity covering 100% of operational demands.
- Parking: 02 basement levels dedicated to vehicle parking.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
Overtime charges are free of charge for non-AC usage, though tenants should verify specific terms for extended operations during lease negotiations.
Leasing Costs and Commercial Terms
The financial structure at Sevin Office reflects its Grade C positioning, offering a cost-effective alternative for businesses seeking large floor plates. Base rent ranges from $8 to $10 per square meter per month, excluding a service charge of 2.5 USD per square meter per month and a 10% VAT. A notable feature of the service charge is the inclusion of electricity costs for central air conditioning during standard working hours.
Key commercial terms and operational fees include:
- Lease Term: Minimum commitment of 3 years.
- Deposit and Payment: A standard 3-month deposit with quarterly rental payments.
- Vehicle Parking: Motorbike parking is priced at 100,000 VND per vehicle per month, while car parking is 1,300,000 VND per vehicle per month.
- Overtime Fees: Free of charge for operations that do not require air conditioning.
Suitable Tenant Profiles and Checks
With a generous floor area of 2,876 square meters per floor, the building is suited for organizations requiring expansive, single-level layouts. This includes back-office operations, customer service centers, and technology firms that benefit from open-plan configurations. The integration of retail spaces on the lower levels also supports businesses that value immediate access to daily conveniences.
Prospective tenants should conduct several practical checks prior to finalizing a lease:
- Space Availability: As current vacancy data is variable, tenants must verify the exact contiguous areas available at the time of inquiry.
- Parking Allocation: Confirm the specific quota of car and motorbike spaces allocated to your leased area within the two basement levels.
- Overtime AC Costs: Clarify the exact rates and terms if your business requires central air conditioning outside standard working hours.
Advisory Conclusion
Sevin Office provides a practical leasing solution in Hoang Mai Ward, balancing competitive rental rates with substantial floor plates. The inclusion of AC electricity in the service charge and the waiver of non-AC overtime fees offer predictable operational costs. To ensure a smooth transition, tenants are advised to engage in early negotiations regarding space division, parking allocations, and specific fit-out periods allowed by the developer.