Building Overview
Trung Long Group is a Grade C office building featuring 6 above-ground floors and 1 basement level. It is an economical option for small and medium-sized enterprises seeking a stable workspace in the Tu Liem Ward area. With a modern open-floor design, the building allows tenants to easily partition the space to suit their actual operational needs. Specific vacant areas should be verified directly at the time of contact.
Location and Connectivity
Located at 2 Phu My, Tu Liem Ward, the building benefits from a corner position with two frontages facing the main road. This location helps businesses establish their brand presence and welcome partners. Commuting from the building to neighboring areas within Tu Liem Ward is convenient due to the surrounding clear traffic system.
Technical Specifications and Operations
On the technical side, the building is equipped with 1 elevator serving all floors and standard lighting. The rental rate ranges from $10 to $12 per sqm, with the service fee already included, helping businesses easily plan their budgets. Motorbike parking costs VND 150,000 per vehicle per month, and electricity for air conditioning is billed based on actual consumption meters. The building requires a minimum lease term of 3 years, with a 3-month deposit and quarterly payments. Key checks for tenants include verifying the actual capacity of the basement parking area and the detailed specifications of the air conditioning system upon handover.
Leasing Costs and Commercial Terms
With a rental rate of $10 to $12 per sqm, the building includes the service fee directly in the unit price. This helps businesses easily plan their fixed monthly budgets. VAT is applied at 10%. Other operational costs include a motorbike parking fee of VND 150,000 per vehicle per month and electricity billed based on actual meter consumption. Regarding commercial terms, the building requires a minimum lease term of 3 years, a 3-month deposit, and quarterly payments, ensuring long-term stability for both parties.
Suitable Tenant Profiles and Checks
The building is particularly suitable for small and medium-sized enterprises looking to optimize operational costs in the Tu Liem Ward area. The open-floor design allows for flexible workspace partitioning. However, a key tenant check is to verify the actual vacant area at the time of contact. Additionally, businesses should verify the actual parking capacity in the basement and negotiate detailed overtime fees if they regularly work late.
Advisory Conclusion
Trung Long Group is a budget-friendly office option worth considering due to its clear cost structure and easily divisible spaces. Having the service fee integrated into the rent minimizes the risk of unexpected expenses, making it suitable for startups or businesses in their accumulation phase.