Securing the right office space needs more than just a competitive rental rate or a central location. It requires a thorough, systematic evaluation of both current and future needs of the businesses.
To assist tenants in making informed decisions, this article provides a detailed checklist of key factors to consider before signing an office lease agreement. Specifically, we will apply this checklist to Oriental Square by OSI – a premier Grade A office development located within the Starlake Urban Area (Tay Ho Tay).
Checklist for Evaluating Office Buildings for Lease
Location and Connectivity: Key Factors
- Criteria: Accessibility for employees, partners, and clients; transportation networks; and nearby amenities.
- Application at Oriental Square by OSI:
- Centrally located in Starlake Urban Area, Hanoi's western gateway.
- Direct connections to major arterial roads including Vo Chi Cong, Nguyen Van Huyen Extension, Hoang Quoc Viet, and Ring Road 3.
- Easy access to Noi Bai International Airport (approximately a 25-minute drive).
- Fast commuting to central districts such as Ba Dinh, Hoan Kiem, or key hubs like Nam Tu Liem (My Dinh, Me Tri Thuong) and Cau Giay (near Duy Tan area).
- Situated in a modern urban area with comprehensive amenities.
Building Quality and Infrastructure: A Solid Foundation
- Criteria: The building's classification (Grade A, B, C); construction quality; and overall maintenance condition.
- Application at Oriental Square by OSI:
- Positioned as an international-standard Grade A office development.
- Newly built (scheduled opening in late 2025), ensuring high construction quality.
- Designed by renowned firms, featuring modern, sustainable design.
- Compliant with LEED Gold standards for green buildings.
Design, On-site Amenities, and Work Environment: Elevating the Experience
- Criteria: Flexible layout for space optimization; availability of natural light and ventilation; range and quality of internal amenities.
- Application at Oriental Square by OSI:
- Column-free floors designed for optimal workspace efficiency.
- Emphasis on green spaces and natural light in accordance with LEED Gold standards.
- Spacious, modern lobby.
- Integration of diverse amenities including restaurants, cafes, a gym center, a rooftop mini-golf facility, and more.
- Generous basement parking space.
- Diverse amenities and a more professional environment compared to standalone residential buildings repurposed as office spaces.
Technical Infrastructure and Security: Ensuring Operational Efficiency
- Criteria: Elevator and HVAC (Heating, Ventilation, and Air Conditioning) systems; 100% backup power supply; quality of network and telecommunications infrastructure; and adherence to fire prevention and fighting (PCCC) standards.
- Application at Oriental Square by OSI:
- High-speed, smart elevator system.
- High-efficiency central HVAC system with air filtration.
- 100% backup power supply capacity.
- High-speed telecommunications infrastructure readily available.
- Fire prevention and fighting (PCCC) systems that meet international standards.
- 24/7 multi-layered security; smart Building Management System (BMS).
Commercial Terms and Lease Agreement: Transparency as the Key
- Criteria: Clarity of rental rates; associated fees; support policies; and flexibility in lease terms.
- Application at Oriental Square by OSI:
- Provision of a detailed and transparent fee schedule.
- Flexible tenant support policies during the fit-out period.
- Diverse and flexible lease terms (regarding duration, area/space).
- Professional leasing process supported by OSI Holdings and Savills Vietnam.
Property Management and Support Services: The Human Element
- Criteria: Reputation and professionalism of the property management entity; efficiency and quality of office leasing services; and responsiveness of the management staff.
- Application at Oriental Square by OSI:
- Managed and operated by Savills Vietnam, a reputable international property management firm.
- On-site technical team providing 24/7 support.
- Dedicated tenant support from the OSI Holdings project development team.
Sustainability Standards (LEED/Green Building): A Future-Ready Criterion
- Criteria: Green certifications and sustainable operational solutions.
- Application at Oriental Square by OSI:
- Designed and operated to the prestigious LEED Gold standard – a leading green building certification.
- Reinforces the developer’s commitment to sustainable development and corporate responsibility.
Applying the Checklist to Office Leasing Needs in Hanoi
Applying this checklist helps prospective tenants evaluate criteria holistically, thus making the most informed leasing decision, rather than relying on price or location alone.
For the most accurate evaluation, we encourage you to combine this checklist with an in-person visit.
Contact us for a detailed consultation and a site tour of Oriental Square by OSI.
- Savills Vietnam (Management & Leasing Agent): 0948 000 468
- OSI Holdings (Project Developer): 0932 038 666
