Building Overview
N04B Ngoại Giao Đoàn is a Grade C mixed-use development located in Xuan Dinh Ward, Hanoi. The building rises 21 stories above ground and includes 2 basements. While the upper floors serve residential purposes, the lower section allocates dedicated space for commercial and office tenants. This structure provides a functional environment for companies seeking to establish their presence in the expanding western area of Hanoi.
With a typical floor plate of 1,100 sqm, the property accommodates mid-to-large-scale operations. The generous floor size allows tenants to arrange open-plan layouts or partition the space into distinct departmental zones. The ceiling height of 2.7 meters supports a standard professional atmosphere.
Location and Connectivity
Situated within the Diplomatic Corps Area in Xuan Dinh Ward, N04B Ngoại Giao Đoàn benefits from a planned urban environment. The building’s immediate surroundings offer a mix of privacy and openness. The eastern side provides clear views toward West Lake, while the southern aspect borders a quiet residential villa zone. The western side faces an internal urban road, which helps manage traffic flow and maintains security for arriving clients and employees.
Because the administrative boundaries are strictly within Xuan Dinh Ward, tenants should verify specific local registration requirements for new business licenses. The location connects efficiently to major arterial roads leading to the northern industrial zones and the airport, making it a practical hub for logistics, trading, or administrative headquarters.
Technical Specifications and Operations
The building is equipped with standard commercial infrastructure to support daily business activities:
- Elevators: High-speed elevator system dedicated specifically for the office and commercial sections.
- Climate Control: Modern central air conditioning system ensuring consistent temperature management.
- Backup Power: Generator system capable of supporting 100% capacity during power interruptions.
- Parking: Two dedicated basements providing parking space for cars and motorbikes.
- Operating Hours: Standard operations run from 8:00 AM to 6:00 PM on weekdays, and 8:00 AM to 12:00 PM on Saturdays.
- Ventilation: Designed with natural ventilation features to assist fresh air circulation across the floor plates.
Leasing terms require a minimum commitment of 3 years, with a standard 3-month deposit and quarterly rental payments. Electricity for air conditioning is billed based on actual consumption via individual meters. Overtime fees and specific parking allocations should be confirmed during the site-survey phase to align with your operational schedule.
Leasing Costs and Commercial Terms
Leasing at N04B Ngoại Giao Đoàn involves a clear cost structure suitable for budget-conscious organizations. The base rent ranges from $9 to $11 per square meter, with an additional service fee of 0.5 USD per square meter monthly. Value-added tax (VAT) is applied at 10%.
Operational expenses and standard terms include:
- Motorbike parking: 80,000 VND per vehicle monthly.
- Car parking: 1,500,000 VND per vehicle monthly.
- Electricity for air conditioning: Billed based on actual consumption via individual meters.
- Overtime fees: Subject to direct negotiation depending on usage hours.
- Lease terms: Minimum commitment of 3 years, with a 3-month deposit and quarterly payments.
These terms provide a predictable financial framework for tenants planning their annual operational budgets.
Suitable Tenant Profiles and Checks
With typical floor plates of 1,100 square meters, this property is well-suited for back-office operations, logistics firms, and growing enterprises requiring large open-plan layouts or multiple departmental divisions. The competitive pricing makes it a practical option for businesses establishing a regional headquarters in Xuan Dinh Ward without high overhead costs.
Before signing, tenants should conduct a site survey to verify the current available area. It is also advisable to inspect the separation of residential and commercial traffic, as the upper floors of the building serve residential purposes. Confirming the allocation of parking spaces in the two basements for both employees and visitors is recommended. Additionally, tenants should review the capacity of the high-speed elevators during peak hours to ensure smooth daily operations for staff.
Advisory Conclusion
N04B Ngoại Giao Đoàn provides a cost-effective solution for businesses seeking functional office space in Xuan Dinh Ward. The combination of spacious floor plates, standard technical infrastructure, and predictable commercial terms supports stable long-term operations. Tenants looking to secure space here should prepare their space planning requirements early and clarify any overtime or parking needs during initial negotiations. Working within these parameters ensures a smooth transition into the Xuan Dinh Ward business community.