N01-T5 Lạc Hồng Lotus Grade B

Located in the Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, N01-T5 Lac Hong Lotus offers outstanding commercial advantages thanks to its synchronized infrastructure and airy landscape.

Building Overview

N01-T5 Lac Hong Lotus is a Grade B office building with LOTUS certification, optimized for IT firms, financial institutions, international organizations, and SMEs seeking a professional workspace with large floor plates of up to 1,500 sqm/floor. Featuring a modern design and a dedicated office lobby completely separated from the residential block, the building delivers cost-effective operational solutions with free overtime working hours and ceiling-mounted AC systems with individual meters.

Location and Connectivity

The building is strategically located at Diplomatic Corps Area, Xuan Dinh Ward, Hanoi, situated on a wide road directly connecting to the northern arterial avenues, facilitating seamless travel for employees and partners.

• Vo Chi Cong and Nguyen Van Huyen Extended Arteries: Enable rapid connection to central ward, Tay Ho Tay urban area, and Ciputra.
• Hoa Binh Park and Internal Lake: Situated right in front of the building, offering open green views and a relaxing environment for staff.
• Noi Bai International Airport: Only a 25-minute drive via Nhat Tan Bridge or Thang Long Bridge, optimizing travel time for business trips.
• Surrounding Ecosystem: Surrounded by 14 embassies, international schools, major commercial banks, and a diverse range of restaurants and cafes.

Technical Specifications and Operations

To ensure the technical infrastructure meets continuous operational demands, businesses should review the following core specifications:

• Scale & Floor Plate: 35 above-ground floors and 3 basement levels, with a typical floor plate of 1,500 sqm, flexibly divisible from 100 sqm to full floors.
• Ceiling Height: Reaches a standard of 2.7 m, optimizing natural light.
• Elevator System: Equipped with 2 high-speed elevators dedicated to the office block, ensuring independent traffic flow.
• Air Conditioning: Modern ceiling-mounted AC system, equipped with individual meters for each leased area.
• Backup Power: 100% backup power capacity to ensure uninterrupted operations.
• Parking: 3 spacious basement levels, resolving parking challenges for staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM; Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below is a summary of rental rates and commercial terms applied at the building:

• Reference Rent: $11 - $13 /sqm/month (highly competitive for a LOTUS-certified building).
• Service Fee: Included in rent.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Billed based on actual consumption via individual meters.
• Overtime Fee (OVT): Complimentary (a major advantage for IT and logistics firms working night shifts).
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its large 1,500 sqm floor plates and complimentary overtime policy, the building is exceptionally suited for IT companies, multinational corporations requiring 24/7 operations, or representative offices and financial institutions prioritizing diplomatic presence in the Diplomatic Corps area.

• Verify AC power consumption: Clearly locate the individual meters to control actual monthly electricity costs.
• Inspect the lobby and entrance: Ensure the office lobby is completely separated from the residential entrance to maintain a professional corporate image.
• Evaluate elevator traffic: Test travel times during morning and afternoon peak hours to assess the efficiency of the 2 office elevators.
• Confirm parking space allocation: Negotiate the number of car and motorbike parking slots allocated in the 3 basements relative to your leased area.

Advisory Conclusion

N01-T5 Lac Hong Lotus is an outstanding Grade B office solution in Northern Hanoi, perfectly balancing reasonable rental costs, large floor plates, and a strategic diplomatic location. To receive a detailed quotation, the latest vacant space updates, and to schedule a physical site visit, please contact GRES consultants today.