FACTORS AFFECTING OFFICE RENTAL PRICES

Impact of office location

In practice, as well as according to assessments by industry experts, offices located closer to central areas generally have higher rental prices than those farther from the city center or in suburban areas. Prime locations, such as buildings with wide street frontage, multiple frontages or locations along major roads, are factors that can increase rental prices because of their greater ability to attract customers.

In addition, different locations within the same building may also have different rental prices, such as corner units or spaces with windows.

Artemis Tower is located at a prime frontage position at the Truong Chinh intersection - Hanoi
Artemis Tower is located at a prime frontage position at the Truong Chinh intersection - Hanoi

Building scale

The scale of a building is another factor affecting office rental prices. Large and impressive buildings with spacious floor plates, modern and elegant designs, and strong recognition often have higher rental prices than smaller buildings in terms of floor area, number of floors and other factors.

Service quality

Service quality and accompanying facilities are important factors that determine whether a business chooses a building after finding a suitable location and appropriate scale.

To evaluate and compare the service quality of buildings, experts in the office rental market classify offices into Grades A, B and C based on different criteria. Grade A and B office buildings generally have higher service costs than Grade C buildings, while also providing higher-quality and more diverse services and facilities. However, the higher costs are accompanied by greater professionalism, experienced management teams and attentive service staff, helping ensure that businesses receive value for the amount they spend.

Office rental area

The area of office space for rent is an important factor affecting rental costs because most buildings currently calculate rent per square meter. This cost may be paid monthly, quarterly or annually depending on the agreement. Office rent is the amount paid for the right to use the office as a place of business. This cost is separate from other additional charges such as service fees, parking fees, electricity and taxes…


Open floor plate at Artemsi Tower

Rental prices at Artemis Tower

At Artemis Tower, despite its outstanding advantages and the quality of a modern and elegant office and commercial building, rental prices remain highly attractive and suitable for businesses of different sizes. Office rental prices range from only USD 10 - 18/m2/month, while commercial space ranges from USD 25 - 40/m2/month, depending on the leased area and location. The building's service fee is only USD 5.5/m2/month. Other fees, such as motorbike and car parking, are also relatively reasonable, starting from VND 120,000/month/vehicle for motorbikes and VND 2,100,000/month for cars. More importantly, when renting office or commercial space at Artemis Tower, customers can also receive a range of attractive incentives depending on the leased area.


If you are interested in renting space at a Hanoi office building or commercial center and would like to receive detailed information, please contact:

Leasing hotline: 0911 422 911

Website: theartemis.vn

Facebook: Artemis Office For Lease

Decor
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