Building Overview
Completed in 2019 by investor Lac Hong Investment Joint Stock Company, N01-T1 Ngoại Giao Đoàn is a Grade C development situated in Xuan Dinh Ward. The building holds a LOTUS certification, reflecting its focus on green building practices and sustainable operations. Structurally, the development consists of 27 stories and 3 basement floors, with the lower levels allocated for commercial services and the upper floors housing residential units. The dedicated office block benefits from independent infrastructure, providing a professional environment for corporate tenants. The typical floor plate is approximately 1,300 sqm, designed with a well-proportioned layout that allows for flexible partitioning and efficient space utilization.
Location and Connectivity
The building is located within the Diplomatic Corps Area in Xuan Dinh Ward, Hanoi. This positioning provides tenants with direct access to modern infrastructure and key transport routes. From the property, vehicles can reach Nhat Tan Bridge in approximately 10 minutes, while Noi Bai International Airport is accessible within a 20-minute drive. The surrounding area hosts a growing network of public amenities, retail outlets, and dining options, which support daily business operations and client entertainment. Tenants should verify specific travel times during peak traffic hours as part of their site-survey planning.
Technical Specifications and Operations
N01-T1 Ngoại Giao Đoàn is equipped with standard technical systems managed directly by the developer. The office spaces feature a ceiling height of 2.7 meters, ensuring a comfortable working environment. Key operational specifications include:
- Elevators: 04 high-speed elevators dedicated exclusively to the office block.
- Air Conditioning: Central air conditioning system with electricity billed by actual consumption.
- Backup Power: 100% backup generator capacity to maintain business continuity.
- Parking: Vehicle parking distributed across 03 basement floors.
- Operating Hours: Monday to Friday from 7:30 AM to 6:30 PM, and Saturday from 7:30 AM to 1:00 PM.
- Lease Terms: Minimum 3-year term with a 3-month deposit and quarterly payments.
Overtime fees are negotiable, and tenants are advised to confirm specific utility rates and current vacancy layouts with the management unit during lease negotiations.
Leasing Costs and Commercial Terms
The financial structure at N01-T1 Ngoại Giao Đoàn is positioned competitively within the Grade C segment in Xuan Dinh Ward. Base rent ranges from $10 to $12 per square meter per month, excluding service charges and VAT. The monthly service fee is set at 0.5 USD per square meter. Tenants should budget for additional operational costs and standard lease terms, which include:
- Value Added Tax: 10% applied to rent and service fees.
- Parking Fees: 1,300,000 VND per car per month and 120,000 VND per motorbike per month.
- Electricity: Billed based on actual consumption via individual meters.
- Overtime Charges: Subject to direct negotiation with the building management.
- Lease Duration: A minimum commitment of 3 years.
- Payment Terms: A standard 3-month deposit with quarterly rental payments.
Suitable Tenant Profiles and Checks
With its LOTUS green building certification and modern infrastructure completed in 2019, the property is well-suited for organizations prioritizing sustainable operations. The floor plates of approximately 1,300 square meters are highly adaptable, allowing medium to large enterprises to configure efficient layouts. The division of space can accommodate various office scales, making it practical for back-office operations, technology firms, or administrative hubs.
Before finalizing any commitment, prospective tenants should conduct specific site checks. It is advisable to verify the current layout availability, as vacant spaces change frequently. Additionally, occupiers should clarify the exact allocation of parking spaces within the three basement levels to ensure it meets their staff requirements, and confirm the specific utility billing procedures with the developer.
Advisory Conclusion
N01-T1 Ngoại Giao Đoàn offers a balanced proposition for businesses seeking modern, environmentally certified office space in Xuan Dinh Ward without the premium cost of central districts. The combination of competitive rental rates, low service fees, and substantial floor plates provides clear cost efficiencies. To secure favorable terms, tenants are encouraged to initiate negotiations early, focusing on overtime flexibility and specific fit-out period allowances with the developer’s management team.