Building Overview
Lotte Mall West Lake Hanoi is a large-scale Grade A office complex completed in 2023 by the developer Lotte Group. Featuring a modern design integrated with a shopping mall, a 5-star hotel, and luxury serviced apartments, the building delivers an international-standard working environment. With a scale of 21 above-ground floors and 02 basement levels, the project offers an expansive typical floor plate of 1,290 sqm/floor, perfectly meeting the operational needs of multinational corporations and large enterprises.
Location and Connectivity
The building occupies a prime street-front location at 272 Vo Chi Cong, Tay Ho Ward, Hanoi, right at the strategic intersection of the arterial Vo Chi Cong and Lac Long Quan roads, directly adjacent to the scenic West Lake. This is the backbone axis connecting the Ba Dinh political center with the new Western urban areas and the international airport, offering outstanding commercial advantages for businesses.
- Vo Chi Cong arterial road: A major 10-lane highway connecting the inner city directly via Nhat Tan Bridge to northern provinces and key industrial zones.
- Ciputra and Ngoai Giao Doan Urban Areas: Just a 5-minute drive away, allowing businesses easy access to an international residential community and leading diplomatic missions.
- Noi Bai International Airport: Only 15 to 20 minutes of seamless travel via Vo Chi Cong and Nhat Tan Bridge, optimizing business travel schedules for executives and foreign experts.
- Surrounding utility ecosystem: Surrounded by a dense network of major bank branches such as Vietcombank, Techcombank, BIDV, along with premium restaurants and cafes to support daily business meetings and transactions.
Technical Specifications and Operations
Lotte Mall West Lake Hanoi is equipped with synchronous technical infrastructure and holds international green certifications (LEED, Green Mark), ensuring optimal operational efficiency for tenants.
- Scale & Floor plate: 21 above-ground floors and 02 basement levels; typical floor plate of 1,290 sqm/floor with a column-free design to maximize usable area.
- Ceiling height: Reaches a standard clear height of 2.8 m, creating an airy workspace filled with natural light.
- Elevator system: Equipped with 06 high-speed passenger elevators and 01 dedicated service elevator, minimizing wait times during peak hours.
- Air conditioning system: Modern central air conditioning system, ensuring stable temperature control and energy efficiency.
- Backup power: 100% backup power generator capacity to maintain continuous business operations during any power outages.
- Parking space: Spacious parking areas across basements B1-B2 and floors 2-M5, completely resolving the parking challenge for staff and visitors.
- Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.
Leasing Costs and Commercial Terms
Leasing policies at the building are flexibly structured with transparent commercial terms, suitable for high-end corporate budgets.
- Reference rental price: $30 - $32 /sqm/month (rates may vary depending on the leased area and signing time).
- Service fee: 6 USD/sqm/month.
- VAT: 10%.
- Motorbike parking fee: 150,000 VND/motorbike/month.
- Car parking fee: 2,000,000 VND/car/month.
- Electricity consumption: Central air conditioning electricity is included in the service charge, helping businesses easily project fixed monthly expenses.
- Overtime fee (OVT): Negotiable based on actual operational needs.
- Minimum lease term: Minimum 3-year lease.
- Deposit & Payment: 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
As a world-class Grade A office building, Lotte Mall West Lake Hanoi is the premier choice for multinational corporations, technology firms, financial institutions, and diplomatic organizations looking to elevate their brand prestige. When conducting a physical site survey, businesses should pay attention to the following technical details:
- Floor layout planning: Leverage the column-free floor plate and 2.8 m ceiling height to design open-plan workspaces, maximizing seat density per square meter of usable area.
- Parking capacity efficiency: Inspect the parking areas at basements B1-B2 and floors 2-M5 to ensure the allocated motorbike and car spaces meet the demands of a large workforce.
- Overtime policy: Negotiate overtime (OVT) fees in detail if your business operates night shifts or works continuously over weekends.
- Integrated amenities: Evaluate the internal connectivity to the shopping mall, Lotte Mart, and the 5-star hotel to optimize client hosting and employee welfare.
Advisory Conclusion
Lotte Mall West Lake Hanoi is not just a workspace, but a strategic launchpad to elevate brand positioning for businesses leading the office relocation trend towards Northwest Hanoi. With its quick airport connectivity, synchronous Grade A infrastructure, and self-contained utility ecosystem, the building is a worthy long-term strategic destination. Contact GRES consulting specialists today to receive a detailed quotation, the latest vacant area updates, and support in negotiating the most optimal lease agreement.