Office Space for Lease in Hanoi

For business owners in Hanoi, choosing where to lease an office and which building grade to select can be difficult. This article reviews the options and key criteria.

1. Office Leasing in Hanoi

Office buildings in Hanoi are commonly grouped by grade. The market offers Grade A, B and C properties with different features.

  • Grade A office buildings:

These are the highest-rated buildings, typically with modern, prestigious design and advanced facilities. They are well suited to large companies seeking a premium workplace. The benefits come with higher rents and a narrower pool of potential tenants.

  • Grade B office buildings:

Grade B buildings also have modern designs, though their facilities may be older than those of Grade A buildings. Many are well located, solidly built and close to amenities. Their lower rents appeal to many businesses. Artemis Tower at No. 3 Le Trong Tan Street, Thanh Xuan, Hanoi is one example cited in the article.

Office for lease in Hanoi

  • Grade C office buildings:

Grade C buildings are common and suit many companies and individual businesses. Although they are generally less luxurious and less extensively equipped than Grade A or B properties, they can still provide a suitable workplace.

2. Indicative Office Rental Costs 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. Criteria for Choosing an Office in Hanoi

Office location

Location is a major consideration when leasing an office in Hanoi. It should support business operations, brand promotion and client transactions, and may also meet the tenant’s preferred orientation and feng shui considerations.

An ideal office location is clean, well lit, landscaped and easy to access. Tenants should also consider flood risk. The article notes locations in Hanoi that may flood during heavy rain, including sections of Ba Trieu Slope, Tho Nhuom Street, Quang Trung Street, Bach Mai Street and Truong Dinh Street.

Nearby amenities such as restaurants, banks, parking and cafés are also useful.

Office for lease in Hanoi

Office rent

Choose an office with rent that fits the company’s financial capacity.

Rental rates depend on location, building management, equipment and other factors.

Note: the original article states that tax treatment may differ between corporate and private landlords, citing rates of 10% and approximately 23% respectively. Confirm with the landlord whether the quoted rent includes tax and state this clearly in the lease. Some buildings include electricity for air conditioning during business hours, while others do not.

Office building equipment

A building should have elevators, basement space, air conditioning, washrooms and suitable finishes. These facilities affect its long-term value. In older buildings, employees may have to wait too long for elevators or struggle to find washrooms.

The building also needs sufficient internet bandwidth for its occupants and their work.

Security and building management

Building security matters because a company’s assets can be valuable. Theft around the building can put both property and employees at risk.

Office area

Choose office space based on the number of employees and the company’s long-term business plans.

The article suggests approximately 4 sq m per employee, including shared, technical and support areas.

Office for lease in Hanoi

Infrastructure, included services and additional costs

When choosing an office, confirm that the building provides the infrastructure and supporting services needed for smooth operations.

Management fee: tenants usually pay this fee for reception, security, technical support and related building services.

Parking availability and cost: some buildings include a limited number of spaces, but a company may need more. Discuss the fee for additional spaces with the landlord in advance.

Check legal requirements

Businesses should review legal procedures alongside the rental price when choosing a quality office.

To reduce risk, tenants can choose a reputable landlord, review the landlord’s business record and financial position, and negotiate a termination right if the landlord fails to meet agreed obligations.

Office for lease in Hanoi

4. An Office Leasing Provider 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

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