Building Overview
Reeco Building stands as a notable Grade C office option in the Cau Giay district of Hanoi. Located at 98 Hoang Ngan, Yen Hoa Ward, the building provides professional workspace at a competitive rental cost. With a scale of 7 above-ground floors and 1 basement, Reeco Building is designed to meet the needs of small and medium-sized enterprises, as well as companies seeking a stable and efficient location to grow their business operations. The typical floor area is approximately 200 sqm, offering flexibility in office layout design.
Location and Connectivity
Reeco Building boasts a strategic location at 98 Hoang Ngan, Yen Hoa Ward, one of the dynamic developing areas of Cau Giay district. This location offers excellent connectivity, with easy access to major roads such as Le Van Luong, Hoang Minh Giam, and Ring Road 3. The area surrounding the building is a bustling residential hub, with numerous amenities including restaurants, cafes, banks, and public services, creating a convenient environment for employees and partners. From Reeco Building, businesses can easily reach central areas and neighboring districts, optimizing travel time and business connections.
Technical Specifications and Operational Facilities
Reeco Building is equipped with essential facilities to ensure smooth office operations:
- Scale: The building comprises 7 above-ground floors and 1 basement.
- Typical Floor Area: Approximately 200 sqm/floor, allowing for flexible space design.
- Working Hours: Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM).
- Air Conditioning System: Utilizes a localized air conditioning system, allowing for flexible temperature control in individual areas.
- Backup Power System: A backup generator provides 100% power capacity, ensuring continuous operation even during grid power outages.
- Elevators: Features 1 high-speed elevator system, facilitating quick movement between floors.
- Parking: 1 basement floor and surrounding areas provide convenient parking space for both cars and motorbikes.
Rental Costs and Commercial Terms
Reeco Building offers competitive rental rates, suitable for the budgets of many businesses. The costs associated with leasing office space here include:
- Rent: $10 – $11 /m² (excluding VAT).
- Service Fee: Included in the rent.
- Value Added Tax (VAT): 10% of the rental price.
- Car Parking Fee: 700,000 VND/car/month.
- Motorbike Parking Fee: 100,000 VND/motorbike/month.
- Overtime Fee: To be negotiated directly with the building management.
Lease terms and contract details will be discussed specifically upon business inquiry.
Suitable Business Profiles
Given its convenient location, reasonable costs, and essential facilities, Reeco Building is an ideal choice for:
- Startups and small to medium-sized enterprises seeking a stable office with an optimized budget.
- Branches or representative offices of larger companies looking to expand operations in the Cau Giay area.
- Businesses requiring an easily accessible location, close to residential areas and public amenities.
The building provides an efficient and cost-effective working environment, supporting businesses in focusing on their growth.
Conclusion
Reeco Building at 98 Hoang Ngan, Yen Hoa Ward, Cau Giay, is a noteworthy Grade C office option for businesses seeking quality workspace at a reasonable cost in Hanoi. With its convenient location, essential operational facilities, and competitive rental rates, the building promises an efficient and stable working environment, contributing to the success of businesses.