Building Overview
N01-T3 Ngoại Giao Đoàn is a Grade C mixed-use development situated in the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi. The building rises 27 stories above ground and includes 2 basement levels. The lower levels, specifically floors 1 through 4, are dedicated to commercial and office activities, while the upper floors contain residential units.
With a generous typical floor plate of 1,800 sqm, the property provides substantial horizontal space. This layout is suitable for organizations requiring large, contiguous floor areas to consolidate operations. Tenants can configure their workspaces flexibly to support different operational structures, making it a practical choice for cost-conscious businesses.
Location and Connectivity
The property is located in Xuan Dinh Ward, Hanoi, within the developing Diplomatic Corps Area. It sits along the extended Nguyen Van Huyen road, providing direct routes to key areas of the city.
- Approximately 2 km from the Metro Pham Van Dong area.
- Around 21 km from Noi Bai International Airport.
- Positioned opposite public green spaces, including Hoa Binh Park and Huu Nghi Park, which offer open views and natural ventilation.
Prospective tenants should verify current traffic patterns and local infrastructure developments during site visits to assess commute times for employees and clients.
Technical Specifications and Operations
The office section is supported by dedicated infrastructure to ensure daily business continuity:
- Ceiling height of 2.7 meters, providing standard vertical clearance.
- Two dedicated elevators serving the office block to manage vertical transit.
- A modern central air conditioning system to regulate indoor temperatures.
- A backup generator capable of meeting 100% of the building’s power capacity during outages.
- Two basement levels dedicated to vehicle parking.
Standard operating hours run from 8:00 AM to 6:00 PM on weekdays, and 8:00 AM to 12:00 PM on Saturdays. Overtime utility fees and specific space availability should be confirmed directly during lease negotiations to ensure alignment with corporate requirements.
Leasing Costs and Commercial Terms
Rental rates at the property range 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) of 10% is applicable. Parking fees are established at 1,200,000 VND per car per month and 120,000 VND per motorbike per month, providing clear baseline costs for commuting staff. These rates represent a highly competitive pricing structure compared to central business districts.
Utility expenses, specifically electricity for the central air conditioning system, are billed based on actual consumption measured by individual meters. Overtime operational charges are negotiable. The standard commercial lease requires a minimum commitment of 3 years, structured with a 3-month security deposit and quarterly rental payments.
Suitable Tenant Profiles and Checks
With its substantial 1,800 sqm floor plate, this building is well-suited for back-office operations, technology firms, and administrative centers that benefit from keeping large teams on a single floor. It is also appropriate for companies looking to consolidate multiple departments into one unified workspace to improve communication and workflow efficiency. To ensure a smooth transition, prospective tenants should perform several practical checks during site visits:
- Verify the exact allocation of parking spaces within the two basement levels to accommodate staff requirements.
- Confirm the current layout of available spaces, as configurations may vary depending on active leases.
- Clarify the specific metering and billing methods for air conditioning during standard and overtime hours.
- Negotiate the exact terms for overtime fees if your business requires regular late-night or weekend operations.
Advisory Conclusion
N01-T3 Ngoại Giao Đoàn in Xuan Dinh Ward represents a practical, cost-effective option for businesses requiring large horizontal workspaces. While categorized as Grade C, its technical infrastructure—including full backup power and central air conditioning—supports steady daily operations. Tenants can leverage the competitive rental rates of this developing area, provided they clarify utility structures, parking allocations, and overtime terms during the lease negotiation phase to avoid unexpected operational expenses.