Building Overview
Completed in 2018 by CTCP Vimeco, Vimeco Tower is a Grade C development that provides dedicated office space across floors 1 to 6 of its 39-story structure. The building features a typical floor plate of 1,000 sqm, offering regular and efficient layouts suitable for open-plan configurations or partitioned departmental setups. Tenants requiring large contiguous floor areas can secure substantial footprints within the low-rise commercial section.
Location and Connectivity
Situated on Nguyen Chanh in Yen Hoa Ward, Hanoi, Vimeco Tower sits within the Trung Hoa urban area. The property provides direct access to major thoroughfares including Tran Duy Hung, Pham Hung, Khuat Duy Tien, and the Thang Long Avenue. This positioning supports logistics and daily commutes to key commercial hubs in the western part of the city. Tenants should verify local traffic patterns during peak hours and check the specific access routes to the building’s entrance during site visits.
Technical Specifications and Operations
The building’s operational infrastructure is managed directly by the developer to support daily business activities. Key technical specifications include:
- Ceiling Height: Clear height of 2.7 meters, allowing for standard office installations.
- Air Conditioning: Central Chiller air conditioning system, with electricity billed by actual consumption.
- Vertical Transportation: 2 Mitsubishi passenger elevators servicing the office floors.
- Power Backup: 100% backup generator capacity to maintain operations during outages.
- Parking Facilities: 4 dedicated basement levels accommodating cars and motorbikes.
- Operating Hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
Prospective tenants are advised to confirm the allocation of parking spaces per leased area and negotiate overtime fees, which are subject to agreement.
Leasing Costs and Commercial Terms
The commercial structure at Vimeco Tower is positioned within the Grade C segment. Gross rent ranges from $12 to $13 per square meter per month, which already incorporates the building service fee. Value Added Tax (VAT) of 10% is charged separately. Standard lease agreements require a minimum commitment of three years, structured with a three-month security deposit and quarterly rental payments.
Additional operational expenses to consider during budgeting include:
- Motorbike Parking: 100,000 VND per vehicle per month.
- Car Parking: 1,200,000 VND per vehicle per month.
- Electricity: Billed based on actual consumption recorded by individual meters.
- Overtime Charges: Subject to direct negotiation with the building management.
Suitable Tenant Profiles and Checks
The 1,000 sqm floor plates and four basement levels make this property highly functional for large corporations, technology firms, and operations requiring extensive administrative layouts. Organizations that manage high-density staffing or frequent client visits can utilize the substantial parking capacity to streamline daily operations. This layout is particularly suited for back-office operations, customer support centers, and regional administrative hubs that require a consolidated floor area.
Before finalizing terms, incoming tenants should conduct specific site-survey verifications. It is advisable to review the current availability of contiguous space, as vacancy levels fluctuate. Tenants must also clarify the exact duration of the rent-free fit-out period allowed for their specific floor area, negotiate the allocation of parking spaces per leased square meter, and confirm how overtime utility charges are calculated for after-hours operations.
Advisory Conclusion
Vimeco Tower offers a balanced combination of large floor plates, extensive parking, and competitive rental rates in Yen Hoa Ward. The inclusive service fee structure simplifies monthly cost forecasting, while the technical infrastructure supports stable business operations. For organizations seeking a functional, high-volume workspace without the premium costs of Grade A or B developments, this property represents a practical long-term leasing option.