Bustling office rental market in Hanoi

The office rental market in Hanoi is currently quite vibrant. The inner city area is the most popular, as it is home to many high-quality new projects, is close to the city center, and offers reasonable prices.

Office real estate for rent is booming

According to CBRE Vietnam's real estate market report, from the beginning of 2024 until now, the office market has recorded signs of improvement, even becoming more vibrant. Commenting on this, Savills Hanoi said that office leasing activities in recent times have been recorded as vibrant again, with many transactions of office expansion or relocation.

According to Savills' real estate market report for the first half of 2024, office supply in Hanoi reached 2.13 million square meters of floor space, stable quarterly and annually. In terms of office class, the supply growth rate of the A, B, and C segments has significant differences. The supply of the A segment has increased by 6%, the B segment by 5%, and the C segment by 1% per year. The B segment has the largest supply, accounting for 48% of the market share, equivalent to 1.03 million square meters of floor space.

In Hanoi, most tenants prefer the inner city area, where there are new high-quality projects, suitable rental prices and close to the center such as: Hoan Kiem, Ba Dinh, Hai Ba Trung, Dong Da... However, the number of offices for rent here is not abundant, even from now until the end of 2024, no new supply is recorded. According to Savills' report on office supply for rent in the first half of 2024, by region, the West accounts for the largest proportion of supply with 41% market share, equivalent to 871,836 m2 of floor space from 77 projects. The inner city area has the second largest supply with 39% market share or 836,157 m2 of floor space from 73 projects. The Hoan Kiem area - the city center - has the scarcest supply.

Tenants' office selection trends depend on many factors, and price is not the only factor that businesses consider.

According to Matthew Powell, Director of Savills Hanoi, companies are willing to pay extra for higher-quality buildings with green certifications, providing a more efficient working environment for employees and building a positive brand image with customers.

Vinaconex Diamond Building optimizes "Green space" for customers

In the context of an increasingly vibrant office rental market, Vinaconex Diamond Building is considered a noteworthy focal point in Hanoi's inner city, as it capitalizes on the preference of clients for "green spaces" in the workplace.

Vinaconex Diamond Commercial Center - Office Building Complex has a "prime location" at Bach Mai - Minh Khai intersection, where many office buildings, prestigious businesses, financial institutions - banks are concentrated. From the building, it is very convenient to connect to Hoan Kiem Lake with a distance of only 3 km through the busiest main street of the capital, Bach Mai, Hue Street.

Vinaconex Diamond Tower owns a prime location on a busy street in Hanoi.

This is an office building built according to class A office standards invested and directly constructed by Vinaconex Corporation. The investor Vinaconex is particularly concerned with the feelings of customers, so it has cooperated with Raymond - Japan's leading prestigious architectural design company with 100 years of experience, devoted much effort to research and design Vinaconex Diamond to become a modern, smart, convenient, highly aesthetic project and an architectural highlight in the area.

One of the key elements emphasized by the investor and design team is optimizing "green space" in the workplace. The landscaped area in front of the building's lobby is designed in a tropical garden style, with many types of lush greenery planted in clusters and combined with water features, creating a very relaxing feeling every time you step into the office.

The office space is also designed to maximize natural light with floor-to-ceiling windows offering panoramic views of the surrounding area. The open-plan design allows for the placement of numerous plants according to the company's wishes.

Open office space of Vinaconex Diamond.

Vinaconex Diamond Tower comprises 25 above-ground floors, 2 basement floors, and 1 semi-basement floor. Specifically, floors 1 to 5 are commercial spaces; floors 6 to 25 (20 floors) are office spaces for rent; and the 2 basement floors have a capacity of 500 cars and 2,000 motorbikes.

With a total floor area of ​​20 floors of office space for lease of nearly 47,000 m2; Vinaconex Diamond has invested in equipping interior and exterior items and equipment with high-end imported products according to European standards; VRV central air conditioning system; synchronous and modern fire protection system with 8 large elevators, of which 2 elevators are designed to simultaneously serve fire protection to increase the overall safety level; Automatic basement parking management system with synchronized cameras connected to the building's technical system... Currently, the building has welcomed many customers to rent offices and has been operating stably.

Along with Vinaconex Green Diamond 93 Lang Ha, Vinaconex Diamond Tower continues to be a shining diamond of Vinaconex in the high-end real estate segment that has recently been launched on the market.

Source: https://baodautu.vn/batdongsan/soi-dong-thi-truong-cho-thue-van-phong-tai-ha-noi-d223569.html