Building Overview
Planning an optimal workspace for a workforce of 150 to over 300 employees on a single floor plate always demands a sufficiently large space structure to prevent operational fragmentation. Toà nhà TTTM Grand Plaza is one of the rare options in the West of Hanoi that thoroughly addresses this challenge, thanks to its massive typical floor plate of 2,464 sqm. Comprising 27 stories and 2 basements, including 5 floors dedicated to commercial and office use, this Grade B building delivers outstanding space efficiency, enabling large-scale enterprises to establish centralized workspaces, optimize internal communication, and minimize operational management costs.
Location and Connectivity
Toà nhà TTTM Grand Plaza is strategically situated with prime street frontage at 117 Tran Duy Hung, Yen Hoa Ward, Hanoi, right at the key intersection connecting Cau Giay, Thanh Xuan, and Nam Tu Liem ward.
- Tran Duy Hung - Thang Long Boulevard Axis: A vital arterial route directly linking the city center with the Hoa Lac Hi-Tech Park and western provinces, while offering rapid access to the elevated Ring Road 3 for southbound travel or connections to neighboring provinces.
- Grand Plaza Hotel and Vincom Center Tran Duy Hung: Located adjacent to a 5-star luxury hotel and a bustling shopping mall, providing ultimate convenience for hosting international partners, organizing global conferences, and meeting high-end shopping and entertainment needs.
- Noi Bai International Airport: Takes approximately 30 minutes of seamless travel via the Pham Hung - Vo Chi Cong - Nhat Tan Bridge route, ensuring business trips for executives and foreign experts are always on schedule.
- Surrounding Utility Ecosystem: A high-density area featuring major bank branches such as Vietcombank, BIDV, and Techcombank, along with a diverse range of restaurants and premium business cafes to support daily client entertainment.
Technical Specifications and Operations
To ensure continuous operational efficiency for high-density businesses, the building is equipped with synchronized and modern technical infrastructure.
- Scale & Floor Plate: 27 stories and 2 basements (5 office and commercial floors); typical floor plate of 2,464 sqm, allowing flexible space division with minimal columns to maximize seating capacity.
- Elevator System: Operated by 7 High-speed elevators, minimizing wait times during morning and afternoon peak hours.
- Air Conditioning System: High-capacity central air conditioning system, ensuring even cool air distribution across large work areas.
- Backup Power: High-capacity backup generator, meeting 100% of the operational needs of the entire building in the event of a power grid failure.
- Parking Space: 2 spacious basement parking levels, fully meeting the vehicle parking capacity for both staff and visiting clients.
- Standard Working Hours: Flexible operating hours from 8:00 AM - 10:00 PM, Monday - Sunday, providing maximum support for businesses requiring overtime work or shift-based operations.
Leasing Costs and Commercial Terms
The financial balance at the building is highly competitive and pragmatic compared to other buildings in the same segment within the area.
- Reference Rental Price: $12-$18 /sqm/month (rates may vary depending on the leased area and the time of contract signing).
- Service Fee: 6 USD/sqm/month.
- VAT: 10%.
- Motorbike Parking Fee: 130,000 VND/motorbike/month.
- Car Parking Fee: 2,200,000 VND/car/month.
- Electricity Consumption: Charged based on actual consumption recorded by individual meters for each office.
- Overtime Fee: Negotiable based on the actual operational needs of the enterprise.
- Minimum Lease Term: Minimum 3-year lease to ensure operational stability and amortization of interior investment costs.
- Deposit & Payment: Standard terms of 3-month deposit - Quarterly payment.
Suitable Tenant Profiles and Checks
With the advantage of an exceptionally large floor plate and a prime trading location, the building is an ideal destination for multinational corporations, large-scale IT enterprises, training centers, or financial-insurance institutions seeking centralized workspaces to optimize their management structure.
- Verify Overtime AC Policy: Since operating hours extend until 10:00 PM, businesses should clarify the cost-charging mechanism for the cooling system after standard office hours to optimize their budget.
- Assess Peak Hour Traffic: Tran Duy Hung is a high-density traffic route. Enterprises are advised to conduct on-site surveys at 8:00 AM and 5:30 PM to design suitable commuting routes for their staff.
- Evaluate Space Division Options: With a typical floor plate of 2,464 sqm, medium-sized enterprises should consult closely with GRES advisors on optimal partition plans to avoid wasting unusable corner spaces.
Advisory Conclusion
Toà nhà TTTM Grand Plaza represents a highly pragmatic and cost-effective office solution for businesses seeking large-scale workspaces in the western center of Hanoi. Its strong location connectivity and reasonable rental rates ensure the building maintains a highly competitive edge in the market. To receive a detailed quotation, update the latest vacant spaces, and schedule an on-site survey, please contact GRES consulting specialists today.