Building Overview
CEO Tower is a Grade B office development located in Tu Liem Ward, Hanoi. Developed by CEO Group and managed by CBRE Vietnam, the property provides a professional working environment tailored for organizations prioritizing sustainability. The building has achieved EDGE certification, reflecting a commitment to energy efficiency and resource conservation. With 27 above-ground floors and 2 basements, the property offers approximately 20,000 square meters of total construction area, featuring efficient square floor plates of 600 square meters per floor that simplify interior layouts and maximize usable space.
Location and Connectivity
Situated on Pham Hung Road in Tu Liem Ward, Hanoi, the building is positioned within a rapidly developing commercial hub. Tenants benefit from proximity to major urban developments, including My Dinh, Nam Trung Yen, and The Manor, as well as established commercial properties like Keangnam, Vinaconex 9, and Handico Tower. The location provides direct access to key transport routes such as the Ring Road 3, Thang Long Boulevard, Tran Duy Hung, and Le Van Luong. This connectivity facilitates transit for employees and clients across the western office corridor.
Technical Specifications and Operations
The building is equipped with standard technical infrastructure to support daily business operations:
- Elevator System: 5 passenger elevators and 1 service elevator manufactured by Mitsubishi.
- Climate Control: Central Chiller brand air conditioning system with adjustable zoning.
- Power Backup: 100% backup power generator capacity to ensure continuous operations.
- Ceiling Height: Clear height of 2.7 meters from floor to ceiling.
- Parking Facilities: Dedicated parking space across 2 basement levels and surrounding the building exterior.
- Operating Hours: Monday to Friday from 7:00 AM to 7:00 PM, and Saturday from 7:00 AM to 1:00 PM.
Leasing terms require a minimum 3-year commitment with a 3-month deposit and quarterly payments. Tenants should verify current area availability and specific electricity consumption terms during the site survey.
Leasing Costs and Commercial Terms
The financial structure at CEO Tower reflects its Grade B positioning in Tu Liem Ward. Base rent ranges from $10 to $11 per square meter per month, with an additional service charge of 5 USD per square meter per month. Notably, the central Chiller air conditioning electricity during standard operating hours is already included in this service fee, helping tenants manage utility overheads. Value Added Tax (VAT) is 10%.
For vehicle parking, the building charges 2,300,000 VND per car per month and 120,000 VND per motorbike per month. Overtime usage fees are negotiable, allowing flexibility for businesses with extended operational hours. The standard lease term requires a minimum commitment of 3 years, structured with a 3-month deposit and quarterly rental payments. These terms are managed under the professional oversight of CBRE Vietnam, ensuring transparent billing.
Suitable Tenant Profiles and Checks
With its EDGE certification, CEO Tower is well-suited for organizations prioritizing environmental sustainability and energy efficiency. The square floor plates of 600 square meters are highly practical for technology firms, professional services, and corporations requiring efficient space planning.
During the site survey, prospective tenants should verify several operational details to ensure alignment with their business requirements:
- Current Vacancies: Confirm the exact contiguous floor areas available at the time of inquiry.
- Overtime Costs: Negotiate specific hourly rates for air conditioning and electricity usage outside standard hours.
- Parking Allocation: Verify the exact ratio of car and motorbike parking spaces allocated to the leased area.
- Fit-out Period: Confirm the rent-free period allowed for interior construction and setup.
Advisory Conclusion
CEO Tower offers a balanced combination of sustainable infrastructure, professional management by CBRE Vietnam, and competitive commercial terms in Tu Liem Ward. The inclusion of air conditioning electricity in the service charge provides clear budget predictability. Organizations seeking a functional, resource-efficient office environment in the western corridor will find this property to be a highly practical option for their long-term growth.