Building Overview
Completed in 2024 by the developer HANDICO, Handico Complex is a newly constructed Grade B commercial property. The development comprises 25 above-ground floors and 3 dedicated basements for parking. Designed to accommodate modern corporate requirements, the property provides fresh office spaces suited for businesses establishing a presence in the Thanh Xuan Ward administrative hub.
Location and Connectivity
Situated at 33 Le Van Luong, Thanh Xuan Ward, Hanoi, the building occupies a visible position along a major urban corridor. This location connects tenants to surrounding commercial developments and local administrative services. Because specific transit times and nearby landmarks are not detailed in current records, tenants should conduct a physical site survey to evaluate local traffic patterns during peak hours.
Technical Specifications and Operations
The building is equipped with modern infrastructure to support daily business operations:
- Ceiling height of 2.7 meters, providing a standard professional environment.
- A system of 5 high-speed elevators for vertical transit.
- Modern central air conditioning system.
- 100% capacity backup power generator.
- Three basements dedicated to vehicle parking.
Standard operating hours run from 8:00 AM to 6:00 PM on weekdays, and 8:00 AM to 12:00 PM on Saturdays. Electricity for air conditioning is billed based on actual meter consumption, while overtime fees are negotiable. Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. As typical floor plans, service fees, and parking rates are currently being updated, prospective tenants should verify these operational costs and space allocations during lease negotiations.
Leasing Costs and Commercial Terms
Rental rates and service charges for Handico Complex are currently available upon request. The standard lease structure requires a minimum commitment of 3 years, supported by a 3-month security deposit and quarterly rental payments. Value-added tax (VAT) is set at 10%.
Operational utilities, including electricity for air conditioning, are billed based on actual meter consumption. Overtime fees remain negotiable. Because specific parking rates for cars and motorbikes are currently being finalized, tenants should confirm these costs during the early stages of lease negotiations.
Suitable Tenant Profiles and Checks
This property is well-suited for corporate tenants seeking newly constructed office space within the Thanh Xuan Ward administrative hub. Because the building features a mixed-use design—with residential apartments on floors 7 through 25 and commercial spaces in the lower podium—prospective tenants should perform specific operational checks:
- Verify the separation of residential and commercial elevator systems and access points.
- Confirm the exact allocation of parking spaces within the 3 basements.
- Review the layout of the office floors to evaluate space efficiency.
- Clarify the structure of service fees and maintenance charges.
Advisory Conclusion
Completed in 2024, Handico Complex offers a modern Grade B environment. The integration of a retail podium featuring dining, shopping, and fitness facilities provides convenient amenities for staff. To ensure a secure lease, businesses should verify current space availability, parking allocations, and final commercial terms directly with the landlord.