Building Overview
MHDI Le Duc Tho building was completed in 2020 by the developer, Housing and Urban Development Investment Corporation – Ministry of National Defence. With a scale of 27 stories and 3 basements, the project dedicates 2 podium floors for professional office space. This is a suitable option for small and medium enterprises thanks to a reasonable rental cost of $15 – $16 /sqm and a highly competitive service fee of only 0.5 USD/sqm/month. Actual vacant areas should be updated at the time of contact.
Location and Connectivity
The building is located on Le Duc Tho Street, Tu Liem Ward, Hanoi. From this position, businesses can easily connect to major traffic routes such as Tran Huu Duc and Cau Dien. Commuting for employees and partners to neighboring areas remains smooth, supporting daily business transactions without major infrastructure obstacles.
Technical Specifications and Operations
Each standard floor has a floor plate of approximately 500 sqm with a ceiling height of 2.7 m, creating an airy space that is easy to arrange into departments. The building is equipped with a modern ceiling-mounted air conditioning system and a backup generator that meets 100% capacity in case of power outages. Businesses benefit from a free overtime work policy, helping to save budget for units that need to work late. The parking area is arranged in the basements and around the building. A key tenant check is the actual number of operating elevators to evaluate traffic density during peak hours.
Leasing Costs and Commercial Terms
The building offers a base rental cost of $15 to $16 /sqm/month, combined with a very low service fee of only 0.5 USD/sqm/month. This is a highly competitive cost structure for a building completed in 2020. VAT is 10%. Tenants should note that air conditioning electricity is charged based on actual consumption on the meter, helping to control operating budgets accurately. Commercial policies require a minimum lease term of 3 years, accompanied by flexible deposit and payment terms of a 3-month deposit and quarterly payments. Parking fees for motorbikes and cars apply according to the management board’s tariff at any given time. Notably, the free overtime work policy significantly reduces the financial burden for offices that regularly work overtime.
Suitable Tenant Profiles and Checks
With flexible floor areas and economical operating costs, the building is well-suited for small and medium enterprises, startups, or technology firms that need to manage cash flow tightly. However, as actual vacant space fluctuates, businesses should verify availability at the time of contact. In addition, key tenant checks should include the capacity of the basements and surrounding parking areas during peak hours to ensure convenience for employees and clients.
Advisory Conclusion
MHDI Le Duc Tho in Tu Liem Ward provides a good quality Grade C office solution at a reasonable cost. The combination of synchronized technical infrastructure from 2020 and the free overtime policy creates a clear competitive advantage, helping businesses operate stably and develop in the long term.