Building Overview
N03T3-N03T4 Ngoai Giao Doan is a Grade C office development located in Xuan Dinh Ward, Hanoi. Developed by Vinaenco and managed directly by the building owner, this mixed-use complex features 25 stories and 2 basement floors. The property provides a substantial typical floor plate of 2,418 sqm divided across two office blocks, making it suitable for large enterprises that require open-plan layouts or distinct departmental setups. Tenants can secure spaces with a minimum 3-year lease term, backed by a standard 3-month deposit and quarterly payment schedule.
Location and Connectivity
Situated within the Diplomatic Corps Area in Xuan Dinh Ward, Hanoi, the building offers direct access to the local infrastructure of this developing administrative and residential zone. Its position allows tenants to connect to nearby commercial developments and essential services. When planning a site visit, tenants should verify the specific entry points for the office blocks and evaluate local traffic patterns during peak commuting hours.
Technical Specifications and Operations
The building is equipped with standard technical systems to support daily business operations:
- Ceiling Height: Clear height of 2.7 meters.
- Air Conditioning: Central air conditioning system.
- Elevators: 2 lobbies equipped with 2 high-speed elevators dedicated to the office blocks.
- Power Supply: 100% backup power capacity.
- Parking: Vehicle parking is allocated across 2 basement floors.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
The base rent ranges from $9 to $12 per sqm per month, with a service fee of 0.6 USD per sqm per month. Additional operational costs include electricity billed by actual meter consumption, car parking at 1,200,000 VND per vehicle per month, and motorbike parking at 120,000 VND per vehicle per month. Prospective tenants should consult GRES to confirm current vacancy sizes and clarify any overtime air conditioning charges before signing.
Leasing Costs and Commercial Terms
The financial structure at this Xuan Dinh Ward development is defined by a base rent of USD 9 to USD 12 per square meter per month, combined with a direct service fee of USD 0.6 per square meter per month. Value-added tax (VAT) of 10% is applicable to these base rates.
For tenants managing corporate fleets, monthly parking fees are set at VND 1,200,000 per car and VND 120,000 per motorbike. Utility expenses, specifically electricity for office operations, are billed based on actual consumption recorded by individual meters. The standard leasing framework requires a minimum commitment of 3 years, structured with a 3-month security deposit and quarterly rental payments.
Suitable Tenant Profiles and Checks
With a combined typical floor plate of 2,418 square meters across two office blocks, this property is structured to accommodate specific corporate profiles:
- Large-Scale Enterprises: Organizations requiring expansive, contiguous floor areas to house multiple departments on a single level.
- Custom Layout Operations: Businesses needing highly customizable floor plans to establish specialized functional zones.
- Back-Office and Operations Centers: Firms seeking cost-efficient administrative spaces outside the central business districts.
Before finalizing any lease agreement, prospective tenants should perform several practical checks during site visits. It is important to verify the exact allocation of parking spaces within the two basement levels, as high-density offices may require additional capacity. Additionally, because overtime air conditioning fees are not pre-defined in the standard terms, tenants must negotiate these rates directly with the building owner during the proposal stage.
Advisory Conclusion
N03T3-N03T4 Ngoai Giao Doan in Xuan Dinh Ward offers a practical solution for organizations prioritizing floor plate scale and cost efficiency. The combination of competitive base rents, low service fees, and substantial floor plates provides a clear operational advantage for large-scale setups. To ensure a smooth transition, incoming tenants should clarify current space availability and secure written terms regarding after-hours utility usage with the building management.