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King Palace Grade B

108 Nguyen Trai, Thanh Xuan Ward, Hanoi

King Palace
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Building specs

Investor
CTCP Bất động sản Hoa Anh Đào
Management unit
Savills Vietnam
Building grade
Grade B
Completion year
2021
Scale
36 above-ground floors, 03 basements. Office spaces from Ground floor to 5th floor.
Typical floor
~ 3,000 sqm/floor
Ceiling height
2.7 m
AC system
Modern central air conditioning system
Elevators
03 elevators and escalators
Backup power
100% backup power generator capacity
Parking
03 basement parking levels
Working hours
Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM

Cost details

Rent $18 - $19 /m²
Service fee 0.6 USD/sqm/month
VAT 10%
Motorbike fee 80,000 VND/motorbike/month
Car fee 1,500,000 VND/car/month
AC electricity fee Actual consumption based on meter readings
Lease term Minimum 3-year lease
Deposit & payment 3-month deposit - Quarterly payment
Overtime Negotiable

Available space

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Additional info

Office for lease at King Palace: Modern Grade B Office Space at 108 Nguyen Trai, Thanh Xuan located at 108 Nguyen Trai, Thanh Xuan Ward, Hanoi. This is a grade b building with reference rent $18 - $19 /m².

GRES provides updated building specs, photos, and leasing support with a typical floor plate of ~ 3,000 sqm/floor.

  • Grade: Grade B
  • Rent: $18 - $19 /m²
  • Typical floor: ~ 3,000 sqm/floor

Building Overview

Located at 108 Nguyen Trai, Thanh Xuan ward, Hanoi, King Palace stands out as a prominent Grade B office building in the western part of the city. With its contemporary design and impressive scale, King Palace provides a professional and convenient working environment, catering to the diverse needs of businesses.

The building comprises a total of 36 above-ground floors and 03 spacious basement levels. Specifically, floors 01 to 05 are dedicated to office spaces, offering a typical floor area of approximately 3000 sqm per floor. This arrangement facilitates businesses requiring large areas or flexibility in partitioning their workspace.

Location and Connectivity

King Palace boasts a strategic location at 108 Nguyen Trai, one of Hanoi’s vital arterial roads. This position ensures not only convenient connectivity to central districts but also easy access to the dynamically developing western areas.

From King Palace, businesses can readily access other major thoroughfares, facilitating trade and commuting for both employees and partners. The Thanh Xuan area is also home to numerous public amenities and bustling residential areas, offering convenience in daily life and business operations.

Technical Specifications and Operational Amenities

King Palace is equipped with modern infrastructure and amenities, ensuring an efficient and comfortable working environment for all businesses:

  • Working Hours: From Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM), aligning with the work schedules of most companies.
  • Air Conditioning System: The building utilizes a modern central air conditioning system, ensuring stable temperatures and fresh air throughout the office spaces.
  • Backup Power: A backup generator system provides 100% power capacity, ensuring continuous and uninterrupted operations even during power outages.
  • Elevators: The system includes 03 high-speed elevators and escalators, making vertical movement between floors quick and convenient.
  • Parking: With 03 spacious basement levels, King Palace offers ample parking space for both cars and motorbikes, meeting the needs of employees and clients.

Rental Costs and Commercial Terms

The following information regarding office rental costs at King Palace is provided:

  • Rent: From 18 USD to 19 USD/sqm/month
  • Service Fee: 0.6 USD/sqm/month
  • VAT: 10%
  • Car Parking Fee: 1,500,000 VND/car/month
  • Motorbike Parking Fee: 80,000 VND/motorbike/month
  • Overtime Fee: Negotiable

Other detailed leasing conditions, such as minimum lease term, security deposit, and payment methods, will be provided upon direct contact for inquiries and negotiations.

Suitable Business Types

With its prime location, modern facilities, and professional services, King Palace is an ideal choice for various types of businesses. In particular, the building is suitable for medium to large-sized enterprises, multinational corporations, technology companies, finance, insurance firms, or organizations seeking a reputable, modern office location to establish their brand presence in the Hanoi market.

Conclusion

King Palace is not just an office building but a comprehensive workspace solution for businesses in Hanoi. By combining a convenient location, sophisticated design, and integrated amenity systems, King Palace is committed to providing an efficient, comfortable, and professional working environment, contributing to the sustainable growth of every business leasing space here.

Map location

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