Building Overview
Completed in 2020 by Sunshine Group, Sunshine Center is a Grade B office development located at 16 Pham Hung, Tu Liem Ward. The mixed-use tower rises 36 floors above ground and includes 4 basement levels dedicated to parking. The office spaces are situated from floors 6 to 12, offering large floor plates of approximately 3,000 sqm. This expansive floor size allows corporate tenants to implement open-plan layouts or partition the space efficiently to suit large-scale operations. The building is managed directly by Sunshine Center, ensuring structured operational oversight.
Location and Connectivity
Situated on Pham Hung road within Tu Liem Ward, the property provides direct access to the major arterial routes of western Hanoi. Tenants can connect to key thoroughfares such as the Ring Road 3, Tran Duy Hung, and Le Van Luong. This positioning facilitates transit to surrounding commercial hubs and southern Hanoi. The surrounding infrastructure supports corporate operations with established retail and dining options located within the lower levels of the building from basement 1 to floor 5, reducing the need for off-site travel during business hours.
Technical Specifications and Operations
The building’s technical infrastructure is designed to support continuous business operations. Office floors feature a clear ceiling height of 2.7 meters, allowing for standard workspace installations.
Key technical and operational specifications include:
- Air conditioning: Semi-centralized Daikin system, with electricity costs included in the service charge.
- Power backup: 100% backup generator capacity for the entire building.
- Vertical transit: High-speed elevator system serving the office floors.
- Parking facilities: 4 basement levels with dedicated spaces for cars and motorbikes.
- Standard hours: Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:30 PM).
Tenants should verify current vacancy configurations and specific electricity allocation limits during the site survey.
Leasing Costs and Commercial Terms
The financial structure for leasing at Sunshine Center reflects its Grade B positioning in the western commercial corridor. Base rent ranges from $13 to $16 per square meter per month, with an additional service charge of 6 USD per square meter per month. Notably, the service fee covers electricity for the semi-centralized Daikin air conditioning system during standard business hours, which helps tenants manage utility overheads effectively.
Key commercial terms and operational costs include:
- Lease Term: Minimum of 3 years to ensure operational stability.
- Deposit and Payment: 3-month security deposit with quarterly rental payments.
- Car Parking: 2,000,000 VND per vehicle per month.
- Motorbike Parking: 150,000 VND per vehicle per month.
- Overtime Fees: Subject to direct negotiation based on specific usage requirements.
- Value Added Tax: 10% VAT applies to rent and service charges.
Suitable Tenant Profiles and Checks
With floor plates reaching 3,000 square meters, this property is highly suited for large-scale corporate headquarters, technology firms, and shared service centers that require expansive, contiguous office layouts. The large floor size minimizes the need to split departments across multiple levels, improving internal communication and workflow efficiency. It also accommodates high-density seating arrangements without compromising workspace comfort.
Prospective tenants should conduct specific site checks during the advisory process. It is important to verify the current configuration of available spaces, as actual layout divisions can vary based on prior tenancies. Additionally, businesses with high-density staffing should confirm the allocation ratio for car and motorbike parking within the four basement levels to ensure sufficient capacity for their workforce, as parking availability is a critical factor for daily operations.
Advisory Conclusion
Sunshine Center offers a structured corporate environment in Tu Liem Ward, combining large floor plates with competitive Grade B rental rates. The inclusion of air conditioning electricity in the service charge provides predictable operational forecasting for financial planning. Advisors recommend scheduling an early site survey to evaluate floor layout efficiency and to clarify overtime operational costs prior to formal negotiations.