Overview of the Building
07 Nghi Tam Building presents a compelling Grade C office option in the Tay Ho area of Hanoi, offering cost-effective workspace solutions for businesses. Located at 07 Nghi Tam, Tay Ho Ward, the building stands out for its convenient location, providing easy access to amenities and bustling residential areas. With a scale of 7 above-ground floors and 1 basement level, 07 Nghi Tam is designed to meet the needs of small to medium-sized companies, startups, or representative offices seeking a stable and highly practical workspace.
Despite being in the Grade C segment, the building ensures basic standards for infrastructure and services, fostering a professional working environment. The building’s design focuses on space optimization, allowing tenants to easily arrange and customize their offices according to their specific requirements. The combination of a strategic location and competitive rental rates makes 07 Nghi Tam Building an attractive office solution in one of Hanoi’s high-quality living districts. It is an ideal location for businesses looking to balance operational costs with a reputable business address.
Location and Connectivity
Situated at 07 Nghi Tam, Tay Ho Ward, Hanoi, 07 Nghi Tam Building boasts a favorable geographical position, offering numerous advantages in terms of transportation connectivity and access to amenities for tenant businesses. Nghi Tam is a significant street in Tay Ho District, renowned for its peaceful, airy environment and proximity to the poetic West Lake. This location not only provides a pleasant working atmosphere but also facilitates convenient commuting and business interactions.
From 07 Nghi Tam Building, businesses can easily connect to other major arterial roads of the city such as Au Co, Yen Phu, and Thanh Nien, making travel to the city center, neighboring districts like Ba Dinh, Hoan Kiem, or suburban industrial zones quick and convenient. The Tay Ho area is also home to a diverse range of amenities, from restaurants, cafes, and banks to entertainment venues and public services, fully meeting the needs of employees and partners.
The building’s presence in Tay Ho Ward also offers an image advantage for businesses, as this is one of the areas with high real estate value and is chosen by many expatriates for living and working. The environment around the building is less congested compared to other central areas, helping to reduce commuting time and enhance work efficiency. This is a crucial factor for businesses looking to optimize daily operations and provide convenience for their teams.
Technical Specifications and Operational Facilities
07 Nghi Tam Building is constructed with 7 above-ground floors and 1 basement level, offering flexible office spaces for businesses. Although it is a Grade C building, basic technical specifications and operational facilities are ensured to support daily business activities.
- Scale: 7 above-ground floors and 1 basement.
- Working Hours: The building operates from 8:00 AM to 6:00 PM from Monday to Friday, and from 8:00 AM to 12:00 PM on Saturday. This provides standard working hours suitable for most types of businesses.
- Air Conditioning System: The building utilizes a local air conditioning system. The advantage of local AC is that it offers high flexibility for each office, allowing tenants to adjust the temperature according to their specific needs, optimizing comfort and energy savings.
- Backup Power System: The building is equipped with a basic backup power system, ensuring electricity supply for essential systems in case of grid power outages, helping to maintain uninterrupted business operations.
- Elevators: There is 01 elevator serving movement between floors. Although there is only one elevator, for a 7-story building, it is sufficient to meet the commuting needs of employees and visitors within the building.
- Parking: The building has 1 basement level dedicated to motorbike parking. For cars, tenants can utilize public parking areas or nearby parking lots, with costs subject to the regulations of each location.
- Typical Floor Area: Detailed information regarding typical floor area is currently being updated and will be provided upon request.
These facilities, while basic, are maintained to ensure a stable and efficient working environment, consistent with the Grade C office segment.
Rental Costs and Commercial Terms
07 Nghi Tam Building stands out with its competitive rental policy, which is a significant advantage for businesses seeking cost-effective office solutions in Hanoi. Below are the detailed costs and commercial terms:
- Office Rent: From 9 USD to 10 USD/sqm/month. This pricing reflects a balance between quality and location, suitable for the budgets of many businesses.
- Service Fee: Included in the rent. This helps tenants easily manage their budgets and avoids additional hidden costs for basic services such as maintenance and common area cleaning.
- Value Added Tax (VAT): 10% on the total rent and service fees (if applicable).
- Car Parking Fee: Parking available near the building. As the building’s basement is primarily for motorbikes, car tenants will need to use public parking lots or nearby parking areas, with costs as per the regulations of each location.
- Motorbike Parking Fee: 120,000 VND/vehicle/month. This is a fixed and reasonable fee for motorbike parking in the building’s basement.
- Overtime (OT) Fee: To be negotiated directly with the building management. This offers flexibility for businesses that require working outside standard office hours.
The lease terms and pricing policy at 07 Nghi Tam Building are designed to provide transparency and flexibility, supporting businesses in their financial planning. Other lease conditions such as contract duration, deposit, and payment methods will be discussed in detail during the lease negotiation process.
Suitable Business Types
07 Nghi Tam Building, characterized as a Grade C office and located in Tay Ho, is an ideal choice for several specific types of businesses:
- Small and Medium-sized Enterprises (SMEs): With reasonable rental rates and flexible office spaces, the building is suitable for SMEs looking for a professional workspace without significant pressure on operational costs.
- Startups: Startups often have limited budgets and require a stable location to grow. 07 Nghi Tam Building provides an effective solution, helping startups focus resources on their core business activities.
- Representative Offices: Larger companies wishing to expand their presence in Hanoi but not requiring an overly large or luxurious office can choose 07 Nghi Tam as a representative office, leveraging its location and cost advantages.
- Businesses Prioritizing a Tay Ho Location: For companies with primary clients or partners in the Tay Ho area, or those wishing to enjoy the peaceful, airy working environment of this district, 07 Nghi Tam is a strategic choice.
- Companies Seeking Practical Office Solutions: Businesses that prioritize practicality, efficiency, and do not overly focus on premium amenities will find this building well-suited to their needs.
In summary, 07 Nghi Tam Building is a smart choice for businesses prioritizing a balance between cost, location, and basic office amenities, helping to optimize business efficiency.
Conclusion
07 Nghi Tam Building represents a valuable Grade C office solution in the Tay Ho area of Hanoi. With its strategic location on Nghi Tam Street, the building offers convenience in transportation and access to public amenities, while providing a peaceful and professional working environment.
Despite being in the Grade C segment, 07 Nghi Tam ensures basic operational facilities such as a flexible local air conditioning system, basic backup power, and motorbike parking in the basement. Notably, its competitive rental rates, with service fees included, are a significant advantage, helping businesses optimize their budgets.
This building is an ideal choice for small and medium-sized enterprises, startups, or representative offices seeking a cost-effective, stable, and conveniently located workspace in one of Hanoi’s most livable districts. 07 Nghi Tam Building is committed to providing a practical working environment that supports the sustainable growth of businesses.