Overview of the Building
VET Building is a prominent Grade C office building located in the bustling Hoang Quoc Viet street, a key artery in West Hanoi. With a modern architectural design and a scale of 11 above-ground floors and 01 basement level, VET Building offers a substantial and flexible total leasable area, catering to the diverse needs of various businesses, from startups to established enterprises. The building is designed to optimize working spaces, ensuring comfort and operational efficiency, thereby fostering a professional and dynamic business environment that aligns with current office market trends.
Location and Connectivity
VET Building is situated at 98 Hoang Quoc Viet, Nghia Do Ward, Cau Giay District, Hanoi. This location is considered strategic, offering significant advantages in terms of transportation and connectivity. Hoang Quoc Viet is a major thoroughfare, connecting several key districts of the capital such as Ba Dinh, Tay Ho, Bac Tu Liem, and especially Cau Giay – Hanoi’s new economic hub. Surrounding the building is a synchronously developed infrastructure with numerous banks, shopping centers, restaurants, cafes, and other public amenities, creating favorable conditions for business activities and employee convenience. From VET Building, businesses can easily access major transportation routes, bus stops, and public facilities, optimizing commuting and commercial interaction times.
Technical Specifications and Operational Facilities
VET Building is equipped with standard technical specifications and operational facilities of a modern office building, ensuring a stable, safe, and efficient working environment for all businesses:
- Scale: The building features a robust structure with 11 above-ground floors dedicated to office leasing and a spacious 01 basement level, serving parking needs.
- Typical Floor Area: Each floor spans 720 m2, allowing businesses flexibility in choosing and designing workspaces that suit their scale and operational specifics.
- Working Hours: The building operates from Monday to Friday (7:30 AM – 7:00 PM) and Saturday (7:30 AM – 1:00 PM), accommodating common business schedules.
- Air Conditioning System: A modern Daikin central air conditioning system is installed, providing cool, fresh air and stable temperatures throughout the office spaces, ensuring maximum comfort for occupants.
- Backup Power: To ensure uninterrupted business operations, the building is equipped with a backup generator capable of meeting 100% of power demand, ready to activate immediately in case of grid power failures.
- Elevators: A system of 02 high-quality, high-speed Mitsubishi elevators operates smoothly, making vertical movement between floors convenient and efficient, minimizing waiting times.
- Parking: VET Building provides a dedicated 01-level basement and additional parking adjacent to the building, ensuring ample space for both cars and motorcycles for staff and clients.
Leasing Costs and Commercial Terms
VET Building offers office leasing options at competitive costs, suitable for the budgets of many businesses, especially those seeking cost-effective office solutions in the Cau Giay area. Detailed information on fees is as follows:
- Rent: From $12 to $13 /m²/month (excluding VAT). This price reflects the quality and location of a Grade C building.
- Service Fee: Included in the rent, covering management costs, maintenance of common systems, cleaning of public areas, and 24/7 security.
- VAT (Value Added Tax): 10% on the total rent and service fee.
- Car Parking Fee: Detailed information on car parking fees is currently being updated by the building management and will be provided upon request.
- Motorbike Parking Fee: 150,000 VND/vehicle/month, a reasonable fee for safe and convenient motorbike parking.
- Overtime Fee: Information regarding overtime working fees is currently being updated.
Lease terms, contract duration, and other preferential policies can be discussed directly to best suit the specific needs and business plans of each tenant.
Suitable Business Types
VET Building is an ideal choice for a wide range of businesses seeking office space in Hanoi. Specifically, the building is suitable for:
- Small and Medium-sized Enterprises (SMEs): With flexible floor areas and reasonable rental rates, VET Building provides a professional working environment without significant cost pressure.
- Startups: The convenient location and comprehensive amenities support startups in their initial growth phase, helping them focus on core business activities.
- Representative Offices or Branches: Companies looking to expand their operations in West Hanoi will find VET Building a strategic location, easily accessible to clients and partners.
- Diverse Industries: From IT, e-commerce, consulting services, education, marketing, to small financial companies, all can leverage the advantages of VET Building’s location and facilities.
Conclusion
VET Building at 98 Hoang Quoc Viet, Cau Giay, represents an efficient and reliable Grade C office solution in Hanoi. With its strategic location, modern facilities including a central air conditioning system, 100% backup power, and convenient parking, coupled with competitive rental costs, this building is a strategic choice for businesses seeking a professional, stable, and highly connected working environment. VET Building is not just a workspace but a solid foundation for your business’s growth and success.