GRADE A OFFICE RENTAL IN HANOI – THE OPTIMAL CHOICE AT ORIENTAL SQUARE BY OSI
GRADE A OFFICE RENTAL IN HANOI – THE OPTIMAL CHOICE AT ORIENTAL SQUARE BY OSI
Project News
2025.03.06
Grade A Office Market in Hanoi
Market Trends and Demand for Grade A Offices
Hanoi, Vietnam’s economic and political hub, is an ideal destination for both local and international businesses. In recent years, the demand for Grade A office space has been steadily rising, driven by the strong entry of multinational corporations and the expansion of domestic enterprises. According to Savills Vietnam’s Q4 2024 market report, Hanoi recorded the highest new office supply in five years, due to large-scale projects developed by reputable investors.
A key trend is the shift of office locations to western areas, including Starlake Tay Ho Tay, thanks to its modern infrastructure, spacious environment, and potential as Hanoi’s new administrative and commercial center. Savills Vietnam forecasts that by 2027, an estimated 864,500 m² of additional office space will be available across 28 projects, with 64% classified as Grade A. Notable upcoming developments include Oriental Square by OSI, Tien Bo Plaza, 29 Ly Thai To, and The Marc 88.
Key Areas for Grade A Offices in Hanoi
Hanoi has three main areas with a high concentration of Grade A office buildings:
Central Business District (Hoan Kiem and Ba Dinh): Home to premium office towers in prime locations but comes with high rental costs and limited space availability.
Expanding Business Zone (Cau Giay and Nam Tu Liem): A rapidly growing area attracting major technology and financial corporations.
Emerging Business Hub (Bac Tu Liem – Starlake Tay Ho Tay): Boasting modern infrastructure, ample spaces, and strong potential to become Hanoi’s new economic and administrative center.
Criteria for Evaluating Grade A Office Buildings
Strategic Location: Convenient access to major economic and financial hubs.
Modern Design: Flexible layouts, optimized natural lighting, and sustainable architecture.
Smart Technology: Integrated BMS (Building Management System), Face ID/QR Code access control, and energy-efficient central air conditioning.
Integrated Amenities: Shared workspaces, green areas, and modern conference facilities.
Green Certification: Compliance with LEED or EDGE standards to ensure energy efficiency and environmental sustainability.
Comparison of Grade A Office Rental Prices by Area in Hanoi
Average Rental Price Comparison (USD/m²/month)
Area
Rental Price (USD/m²/month)
Key Features
Central Area (Hoan Kiem, Ba Dinh)
25 - 45
Prime location, high pricing, limited large office spaces
Expanded Area (Cau Giay, Nam Tu Liem)
20 - 30
Well-developed infrastructure, new office buildings, more favorable pricing
Note: Prices exclude service fees and VAT and may vary based on location, office size, amenities, and lease terms. Source: Maison Office
Advantages and Disadvantages of Each Are
Area
Advantages
Disadvantages
Central Area (Hoan Kiem, Ba Dinh)
- Proximityto financial institutions and government offices, ensuring convenient transactions. - Premium branding that enhances corporate reputation. - Well-developed infrastructure with high-end services.
- Highest office rental prices in Hanoi. - Limited vacant space, difficult to find large office areas. - Traffic congestion during peak hours and limited parking availability.
Expanded Area (Cau Giay, Nam Tu Liem)
- More affordable rental prices compared to the city center. - Numerous new buildings equipped with advanced technology. - Close to major corporations such as FPT, Viettel, and VinGroup.
- Increasing traffic density. - Some areas still lack sufficient surrounding amenities.
Emerging Area (Bac Tu Liem – Starlake Tay Ho Tay)
- Modern working environment with spacious areas and abundant greenery. - Competitive rental prices, ideal for businesses seeking high-quality office space at a reasonable cost. - Well-connected to Noi Bai Airport and Hanoi’s city center.
- Fewer businesses concentrated than in central districts. - Some amenities like high-end restaurants and hotels are still developing.
Oriental Square by OSI – The Ideal Grade A Office Solution
A Prime Connection Hub in Starlake Tay Ho Tay
Located in the Starlake Tay Ho Tay – Hanoi’s new administrative and commercial center – Oriental Square by OSI is strategically positioned on a 40-meter-wide boulevard, ensuring seamless connectivity to central districts and Nội Bài International Airport via key routes such as Pham Van Dong, Vo Chi Cong, and Vanh Dai 2. This area is home to numerous embassies, government agencies, and major projects like Lotte Mall West Lake, fostering a dynamic, high-potential business environment.
Modern and Sustainable Design
Oriental Square by OSI features 16 above-ground floors and 3 basement levels, offering flexible office spaces of up to 1,000m² per floor to meet the diverse needs of businesses. Designed to LEED Gold standards, the building prioritizes energy efficiency and sustainable development. Abundant natural light and a contemporary workspace environment create a comfortable and inspiring setting for employees, enhancing productivity and well-being.
The building integrates cutting-edge technologies to enhance user experience and optimize operational efficiency. Face ID and QR code access control systems strengthen security, while the VRV central air conditioning system conserves energy and enables intelligent temperature regulation. Oriental Square by OSI also applies IoT technology in building management, allowing businesses to operate more efficiently. Notably, the AI-powered elevator system reduces waiting times and optimizes movement. Additionally, the BMS management system monitors and optimizes real-time electricity, water, and air conditioning consumption, lowering operational costs.
Beyond an office space, Oriental Square by OSI offers premium amenities to elevate the business experience. A spacious parking area, diverse on-site restaurants, cafés, and a fitness center ensure employees can maintain a healthy work-life balance. Moreover, the international-standard conference center and meeting rooms cater to professional event needs.
Exceptional Value at Competitive Pricing
With Grade A office rentals at Starlake Tay Ho Tay ranging from 15 to 20 USD/m²/month, Oriental Square by OSI provides premium office solutions at a more cost-effective rate while also ensuring top-tier quality and modern amenities.
Contact Us Today! Get detailed consultation on Oriental Square by OSI – a premium Grade A office building, along with exclusive offers for your business.