Building Overview
T-Sol Building is a Grade C office property featuring 4 above-ground floors and 1 basement level, designed for small and medium-sized enterprises or startups seeking practical, cost-effective workspaces. With a rental rate of approximately $7/sqm including the service fee, it offers a highly competitive financial option. Tenants should note the lease terms, which require a minimum lease term of 3 years, a 3-month deposit, and quarterly payments to manage cash flow effectively.
Location and Connectivity
The building is located at 36-37-38 Kieu Mai, within Xuan Phuong Ward. This location allows businesses to easily access neighboring areas in western Hanoi without facing the heavy traffic congestion typical of the city center. A key tenant check is to review the daily commute routes of employees and partners to ensure convenience before signing the contract.
Technical Specifications and Operations
Regarding technical infrastructure, the building is equipped with imported cassette air conditioning systems from Casper, ensuring even temperature distribution and energy savings measured by individual meters. The property operates high-speed elevators and a backup generator that covers 100% of capacity during power outages. The parking area is located in the single basement level. Tenants should verify the latest motorbike and car parking fees, as well as actual vacant space, when contacting the landlord directly.
Leasing Costs and Commercial Terms
With a fixed rental rate of $7/sqm including the service fee, the building offers a significant advantage in controlling monthly operating budgets. Tenants should note that a 10% VAT and actual electricity consumption measured by individual meters are excluded. Core commercial terms include a minimum lease term of 3 years, a 3-month deposit, and quarterly payments. Motorbike and car parking fees do not have a fixed rate and must be updated directly during negotiations. Overtime working fees are also applied flexibly based on mutual agreement depending on the actual needs of the business.
Suitable Tenant Profiles and Checks
The building is particularly suitable for small and medium-sized enterprises, startups, or representative offices seeking cost-effective workspaces in Xuan Phuong Ward. The building’s scale of 4 above-ground floors makes centralized personnel management easier. However, an important tenant check is the standard working hours from Monday to Friday (8:00 AM – 6:00 PM) and Saturday (7:30 AM – 12:00 PM). If the business frequently operates overtime, it is necessary to negotiate additional costs in advance to avoid affecting operational cash flow. Additionally, actual vacant areas must be updated at the time of direct contact due to market fluctuations.
Advisory Conclusion
T-Sol Building is a budget-friendly office leasing option worth considering in western Hanoi. With reasonable costs and adequate basic technical infrastructure from high-speed elevators to backup generators, the building effectively solves the problem of saving fixed costs for businesses during their establishment and stable development phases.