Leasing an Office Building
An office is more than a workplace; it represents your company. This article covers key considerations when choosing a building to lease for office use.
1. Benefits of Leasing a Building for Office Use
Enhance your corporate image
Placing your headquarters or representative office in a professional office building helps strengthen your company’s image with clients and business partners and supports effective brand positioning.
Make it easier for clients and partners to reach you
An office in a prominent central location near major roads is easy to find and supports long-term operations. Clients and business partners can locate your company more easily.

Improve company productivity
An office in a high-quality building can provide a better working environment. With teams located on the same floor, managers and employees can communicate and work together more effectively.
It also helps create a professional workplace and improve productivity across the company.
Modern, convenient facilities already in place
Professional buildings typically provide facilities such as air conditioning, elevators and security cameras, creating favorable conditions for businesses to develop.
Flexible floor areas for different business sizes and needs
Office buildings often have large floors that can be divided to suit companies ranging from a few dozen to several hundred employees.
Building safety and security
Professional buildings usually have strict security systems, modern cameras and security staff on duty around the clock.
2. Office Building Rental Rates in Hanoi
Office building service charges generally cover repairs and maintenance of the building and its facilities, including electrical systems, central air conditioning, elevators and 24-hour cameras. They also support shared building services such as:

- Reception services in the main lobby
- Building security, parking services and management support when incidents occur
- Cleaning of offices and washrooms, and periodic pest control
- In some buildings, central air conditioning appears to be free, but its cost is included in the service charge
- Other shared services, such as pantry drinking water and domestic water
The article cites average service charges of USD 3–5 per sq m for Grade A and B office buildings in Hanoi, covering amenities such as central air conditioning, a large lobby and reception. For Grade C buildings, it cites USD 1–2 per sq m with fewer services. Luxury buildings generally follow stricter service standards and provide corresponding amenities.

The following indicative prices are provided:
Individual workspace (2–3 sq m): from VND 800,000/month
Serviced office, 8–9 sq m: from VND 4,000,000/month
Serviced office, 10–12 sq m: from VND 5,000,000/month
Serviced office, 13–15 sq m: from VND 6,000,000/month
Serviced office, 16–18 sq m: from VND 8,000,000/month
Serviced office, 18–21 sq m: from VND 9,000,000/month
More serviced-office prices are available at www.theartemis.vn.
3. Points to Consider When Leasing an Office Building
When looking for an affordable office in Hanoi, avoid vague selection criteria.
A detailed set of criteria based on your needs will make the search and selection faster and help avoid problems after moving in.
Expectations beyond the budget
It is common to stretch a little beyond one’s budget when buying or leasing property. A business with an office budget of USD 15/sq m/month may find spaces at USD 17–18/sq m/month more appealing, just as a USD 15/sq m/month office may look ideal to a business whose budget is only USD 12/sq m/month.
This mindset can prolong or delay the selection process. Stretching the budget may also create a long-term financial burden for the business.
Failing to plan for changes in staffing
Moving offices is usually costly. Businesses should therefore choose an area that accommodates their staffing plans over the next three to five years.
Is office rent merely an expense?
Office rent pays for a building’s facilities and services, but it is also a long-term investment. The right workplace can strengthen brand positioning, attract talent, help employees focus and improve the company’s image with partners.
Not spending enough time assessing the building and office
Some businesses decide after only viewing an office. They may spend just 20–30 minutes touring a building, looking at the space and speaking with management before negotiating and signing a lease. That is often too rushed: insufficient evaluation can cause problems later.
The usual deposit process
Office lease negotiations generally have two steps: (i) sign an Offer to Lease and pay a deposit equal to one month’s rent; (ii) sign the lease and pay a further deposit equal to two months’ rent.
An Offer to Lease often does not set out every cost that the tenant will have to pay.
Ask the landlord for a draft lease in advance and negotiate all cost-related terms before committing.
Not remeasuring the leased area
The area quoted by a building may not always be accurate, so it is important to measure it again. A small monthly difference can add up considerably over a three-to-five-year lease.
The area shown on a floor plan may differ slightly from the actual space. Remeasure the office before handover and before signing the lease.
Leaving too little time to find an office
Except in emergencies or circumstances beyond your control, it is best to start researching the market and choosing a building four to six months before the intended move.
A short search period can leave too little time to negotiate rent, result in a space that does not fit your needs, and increase fit-out, furniture and other related costs.

Selecting a design and fit-out contractor too late
Choosing a design and fit-out contractor early gives you time to find a provider with the right quality and price.
Many design and fit-out companies will also help plan the layout and estimate investment costs at no charge. These are important inputs when deciding whether to lease a particular office.
4. An Office Building for Lease in Hanoi
Artemis Tower at No. 3 Le Trong Tan Street is regarded as one of the most modern office and shopping complexes in Thanh Xuan District. It offers convenient transport links, flexible floor areas and attractive rental rates.
Developed by IMG Investment Joint Stock Company, Artemis Tower has 27 floors, including an eight-floor podium for offices, retail and other activities. It has become a workplace for businesses in finance, banking, technology, tourism, insurance and commercial services.

LEASING POLICY
Despite its prime business location and four street frontages, Artemis Tower offers attractive, flexible rental and service charges for offices and retail space. Tenants can also benefit from a long rent-free fit-out period and communications support.
Contact details:
ARTEMIS TOWER
Address: No. 3 Le Trong Tan Street, Khuong Mai, Thanh Xuan, Hanoi
Phone: 0911 422 911
Contact: marketing@mhl.vn | Website: www.theartemis.vn | Artemis Office For Lease