Building Overview
18-4 (Vinfast) Building presents a Grade C office for lease option in the Western area of Hanoi, catering to businesses seeking efficient workspaces with optimized costs. With a total of 10 above-ground floors and 1 basement level, the building offers a significant total leasable area, suitable for various business sizes. Each floor has a typical area of 450m2, providing flexibility in layout arrangements. The building is designed to offer a stable and basic comfortable working environment for companies.
Location and Connectivity
Located at 08 Pham Hung, Tu Liem Ward, Hanoi, 18-4 (Vinfast) Building boasts a strategic position on one of the capital’s main arterial roads. Pham Hung is a key route connecting the Western area with the city center and neighboring provinces, facilitating convenient travel and trade. From the building, businesses can easily access key areas such as the National Convention Center, Hanoi Museum, new urban areas, and other public amenities. This location also provides quick access to Noi Bai International Airport via Ring Road 3, a significant advantage for companies with partners or clients who frequently travel by air.
Technical Specifications and Operational Facilities
18-4 (Vinfast) Building is equipped with essential facilities to ensure smooth office operations:
- Scale: 10 above-ground floors and 1 basement level.
- Typical Floor Area: 450m2/floor.
- Air Conditioning System: Localized air conditioning, allowing flexible temperature adjustment for each area.
- Elevators: 2 high-speed Mitsubishi elevators, ensuring quick and convenient movement within the building.
- Backup Power: Equipped with a backup generator, ready to supply power in case of outages, ensuring uninterrupted business operations.
- Working Hours: Monday to Friday (08:00 – 18:00) and Saturday (08:00 – 12:00), suitable for the administrative working hours of most businesses.
- Parking: The building’s premises provide parking space for both cars and motorbikes, meeting the needs of staff and clients.
Lease Costs and Commercial Terms
18-4 (Vinfast) Building offers competitive rental rates, suitable for the Grade C office segment:
- Rent: 10 – 11 USD/m²/month (excluding VAT).
- Service Fee: Included in the rent.
- Value Added Tax (VAT): 10%.
- Car Parking Fee: 1,500,000 VND/car/month.
- Motorbike Parking Fee: 100,000 VND/motorbike/month.
- Overtime Fee: To be negotiated directly with the building management.
Suitable Business Segments
With its reasonable rental rates and convenient location on Pham Hung Street, 18-4 (Vinfast) Building is an ideal choice for small and medium-sized enterprises, startups, or branch offices and representative offices seeking a stable and cost-effective workspace. Companies in technology, services, e-commerce, or other industries that do not require overly luxurious premises but need good transportation connectivity will find this building suitable for their needs. Particularly, with a typical floor area of 450m2, the building can flexibly meet space requirements for both small and larger teams.
Conclusion
18-4 (Vinfast) Building at 08 Pham Hung offers a noteworthy Grade C office solution in Hanoi. With its prime location, essential operational facilities, and competitive rental costs, this building is an effective option for businesses looking to optimize office rental expenses while ensuring a stable working environment and convenient transportation. This presents a good opportunity for businesses to establish or expand their operations in one of the capital’s dynamic development areas.