Building Overview
Completed in 2015 by Hoang Cuong Construction Investment Co., Ltd, Golden Palace Le Van Luong features 20 stories and 3 basements, with a 4-story podium dedicated to office space. It is a practical option for businesses requiring a large floor plate of up to 1,800 m² to consolidate multiple departments on a single level, enhancing operational efficiency.
Location and Connectivity
The building is located at 54 Le Van Luong, within the administrative boundary of Yen Hoa Ward. This area hosts several office projects, including Handi Ressco, Time Tower, and Diamond Flower, facilitating business trade. Tenants can access financial services directly on the first floor with BIDV and HSBC transaction offices, alongside fitness amenities on the second and third floors.
Technical Specifications and Operations
The property is equipped with a modern central air conditioning system and 3 dedicated office elevators. The backup power system covers 100% of capacity during outages. Regarding costs, the rental rate ranges from $15 to $16 per m², with the service fee already included in the official rent to simplify budgeting. Motorbike parking is priced at 5 USD/bike/month, while overtime fees are free of charge. A key tenant check is that car parking fees are currently not fixed, and actual vacant space must be verified directly at the time of contact.
Leasing Costs and Commercial Terms
The building applies standard commercial terms with a minimum lease term of 3 years, accompanied by a 3-month deposit and quarterly payments. This structure helps businesses actively manage mid-term cash flow. VAT is applied at 10%. Electricity costs for lighting and office equipment are calculated based on actual consumption via separate meters, allowing tenants to monitor monthly operating budgets without unexpected surcharges.
Suitable Tenant Profiles and Checks
With its spacious layout, the building suits medium to large enterprises looking to consolidate staff on a single floor to enhance collaboration. Flexible partitioned areas from 200 m², 300 m², up to a full floor of 1,800 m² meet the needs of IT firms or training centers. However, key tenant checks include the handover condition of a basic concrete floor, requiring tenants to carefully budget for initial fit-out costs. Additionally, tenants should verify car parking fees at the time of contract signing as this rate is not fixed.
Advisory Conclusion
Positioned in the Grade C office segment in Yen Hoa Ward, the building offers high practical value with reasonable costs and large floor plates. It is a practical option for office relocation plans aiming to reduce expenses while maintaining standard technical amenities.