Building Overview
N01-T2 Ngoại Giao Đoàn is a mixed-use development completed in 2017 by Tổng Công ty Xây dựng Hà Nội. Managed directly by the building owner, this Grade C property rises 27 stories above ground and includes 2 basement levels. It is notable for holding a LOTUS green certification, making it a practical option for businesses seeking to balance cost efficiency with environmental standards.
The building provides a total office environment suitable for small-to-medium enterprises as well as larger organizations. The 1,200 sqm typical floor plate is highly adaptable, allowing tenants to configure layouts according to specific operational workflows. Because available leasing areas fluctuate, tenants should confirm current vacancies during the lease-check phase.
Location and Connectivity
Situated in the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, the building offers direct access to key regional infrastructure. It is positioned near Pham Van Dong street, a major route connecting the city center with Noi Bai International Airport.
The surrounding area hosts several diplomatic missions, including the embassies of South Korea and Saudi Arabia, alongside local administrative offices such as the Xuan Dinh Ward Police Station located 700 meters away. Tenants also benefit from proximity to Ngoai Giao Doan Park and Hoa Binh Park, which provide open green spaces nearby.
Technical Specifications and Operations
The building’s technical infrastructure supports stable daily operations with the following specifications:
- Ceiling Height: Clear height of 2.7 meters, ensuring a professional and open work environment.
- Elevators: 2 dedicated elevators serving the office levels to manage vertical traffic.
- Air Conditioning: Modern central air conditioning system with electricity billed by actual meter consumption.
- Backup Power: 100% capacity backup generator to maintain business continuity during power outages.
- Parking: Vehicle parking is distributed across 2 basement levels.
- Operating Hours: Standard operations run Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM).
Overtime use is complimentary, though tenants should verify specific operational policies regarding late-night access and HVAC usage during site surveys.
Leasing Costs and Commercial Terms
Leasing costs at N01-T2 Ngoại Giao Đoàn are structured to support cost-sensitive operations. The base rent ranges from $9 to $11 per square meter per month, with an additional service fee of 0.5 USD per square meter per month. Value-added tax (VAT) is 10%.
For daily operations, parking fees are set at 1,200,000 VND per car per month and 120,000 VND per motorbike per month. Electricity for air conditioning and general office use is billed based on actual meter consumption. A notable operational benefit is the complimentary overtime policy, which reduces extra overheads for businesses with extended working hours. The standard lease term requires a minimum commitment of 3 years, with a commercial structure of a 3-month deposit and quarterly rental payments. These terms provide a predictable financial structure for tenants planning multi-year budgets.
Suitable Tenant Profiles and Checks
This property is well-suited for organizations that prioritize cost efficiency while maintaining an eco-friendly workspace. The LOTUS green certification appeals to environmentally conscious tenants, while the 1,200 square meter floor plate is highly adaptable, allowing tenants to easily optimize space for various office models, from dense administrative setups to collaborative layouts.
Before finalizing lease negotiations, prospective tenants should conduct specific site-survey checks:
- Vacancy Verification: Confirm exact available floor areas, as vacant spaces fluctuate.
- HVAC and Overtime: Verify the operational guidelines for late-night access and air conditioning usage.
- Fit-out Period: Negotiate rent-free fit-out periods based on the leased area size.
- Power Requirements: Confirm backup generator capacity matches specific server or high-load equipment needs.
Advisory Conclusion
N01-T2 Ngoại Giao Đoàn represents a practical Grade C office solution in Xuan Dinh Ward. It balances competitive rental rates with sustainable building practices under the LOTUS framework. The combination of large floor plates, complimentary overtime, and professional management by the building owner makes it a viable option for growing enterprises. Tenants seeking a stable, cost-effective base in Hanoi’s diplomatic area can leverage these commercial terms for long-term operational planning.