Building Overview
Horison Tower is a Grade B+ office building completed in 2017 by the developer Global Toserco Co., Ltd. With a 14-story scale and a typical floor plate of 678 sqm, the building provides flexible workspaces for various business sizes. Management by CBRE Vietnam and a green LEED certification help reduce operating costs and enhance brand reputation for tenants establishing their headquarters here.
Location and Connectivity
Located at 40 Cat Linh, O Cho Dua Ward, the building supports daily commuting and transactions to nearby administrative and diplomatic areas. From this location, businesses are less than 10 minutes away from the US, Japanese, and Australian embassies, a major advantage for organizations with regular international transactions. Tenants should verify actual vacant space at the time of contact to plan their layout effectively.
Technical Specifications and Operations
The building features synchronized technical systems with a clear ceiling height of 2.65 m. A Daikin VRV central air conditioning system is included in the service fee, significantly lowering operational expenses. Vertical transit is served by 4 high-speed Schindler elevators, backed by a 100% capacity backup generator. The parking area accommodates approximately 100 cars and 800 motorbikes. Financially, rental rates range from $20 to $22 per sqm, with a service fee of $5 per sqm per month (excluding 10% VAT). Parking fees are VND 150,000 per motorbike per month and VND 2,000,000 per car per month. Tenants should perform a due diligence check on overtime working fees before signing a minimum 3-year lease term.
Leasing Costs and Commercial Terms
In addition to the base rent, businesses should note key financial terms to plan their budgets accurately. The building applies a policy of a 3-month deposit and quarterly payment, helping businesses stabilize cash flow throughout a minimum lease term of 3 years. For organizations requiring late operations, overtime fees are negotiated directly with the management board, offering maximum flexibility based on the scale of overtime shifts.
Suitable Tenant Profiles and Checks
With synchronized technical standards and professional management services, the building is suitable for joint ventures, foreign corporations, or organizations with strict brand image requirements. However, businesses should note the regulated working hours from 8:00 to 19:00 (Monday to Friday) and until 14:00 on Saturday. A key tenant check is to confirm the actual vacant space at the time of contact to ensure the floor division matches the staffing layout.
Advisory Conclusion
The building demonstrates a clear advantage in the Grade B+ office segment thanks to the combination of green certification and a reputable operator in O Cho Dua Ward. This is a well-integrated option combining long-term operational cost efficiency and an international standard working environment for businesses.