15 Ly Nam De Building

15 Ly Nam De Building is a practical option for businesses seeking an office for lease in Hoan Kiem with a central address, flexible unit sizes and a more manageable rental budget than many higher-grade properties in the district.

Located at 15 Ly Nam De Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi, the building provides convenient access to administrative offices, banks, restaurants, cafés and established business areas. Its position also enables relatively easy connections with Hoan Kiem Lake, Chuong Duong Bridge, Vinh Tuy Bridge and Noi Bai International Airport.

For companies considering an office for lease in Hanoi, the property is particularly relevant when location and cost efficiency are more important than the extensive amenities of a large Grade A complex. Available configurations reportedly range from approximately 18 m² to 188 m², making the building accessible to startups, representative offices and small or medium-sized enterprises.

This guide examines the building’s specifications, transportation advantages, available office sizes, technical systems, tenant suitability and the commercial terms businesses should verify before signing a lease.

Overview of 15 Ly Nam De Building

Overview of 15 Ly Nam De Building highlights a centrally located office building in Hoan Kiem, Hanoi, offering a professional working environment, convenient connectivity, and suitable office space for businesses

15 Ly Nam De Building is a Grade C office building in central Hoan Kiem. It offers businesses a professional workplace in a convenient district without requiring the budget normally associated with a Grade A or premium Grade B tower.

The building is developed by Quy Hanh Real Estate and is organised on a relatively compact scale. Its principal specifications include:

• Building name: 15 Ly Nam De Building
• Address: 15 Ly Nam De Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi
• Office grade: Grade C
• Property type: Office accommodation
• Scale: Seven above-ground floors and one basement
• Approximate construction area: 244 m²
• Reported unit sizes: 18 m², 78 m², 83 m², 90 m², 120 m², 129 m² and 188 m²
• Suitable occupiers: Small and medium-sized enterprises, representative offices and service, technology or financial companies

Within the Hoan Kiem office market, the property serves tenants that need a central corporate address but do not require a large-scale headquarters or premium shared facilities.

An office space for lease at 15 Ly Nam De Building may be suitable for:

• Startups establishing their first independent office
• Representative offices requiring a central business address
• Consulting and professional-service firms
• Technology and digital-service companies
• Financial and business-support organisations
• Training and education companies
• International organisations with a small local team
• Businesses requiring a client-facing transaction office

The building’s main value lies in the combination of central accessibility and flexible space. Businesses can select a unit that corresponds more closely with their current headcount instead of paying for a large amount of unused space.

Location and Transport Connections of 15 Ly Nam De Building

15 Ly Nam De Building is located on Ly Nam De Street, within the central area of Hoan Kiem District. The street provides access to the Old Quarter, central administrative areas and several important roads serving Hanoi’s inner districts.

According to the supplied property information, approximate connections include:

• Less than 15 minutes to Hoan Kiem Lake
• Approximately seven minutes to Chuong Duong Bridge
• Approximately 15 minutes to Vinh Tuy Bridge
• Approximately 40 minutes to Noi Bai International Airport

Travel times are indicative and may vary significantly depending on traffic, road restrictions and the time of day. Prospective tenants should inspect the route during actual commuting hours before making a final decision.

The surrounding area offers access to:

• BIDV
• Vietcombank
• Techcombank
• Restaurants and local dining options
• Cafés and meeting venues
• Financial transaction points
• Public and administrative services
• Other office properties, including Quy Hanh Building and BIDV Tower

For companies searching for office rental in Hoan Kiem Ward, this position can provide several operational advantages:

• A central and recognisable company address
• Convenient access for clients and business partners
• Faster connections to banks and administrative services
• Access to food, beverage and everyday employee amenities
• Reasonable links to the eastern side of Hanoi via the major bridges
• A location that can support corporate credibility

However, location should be evaluated against the company’s actual operating needs. A central office may be highly valuable for a consulting firm that regularly receives clients, but less important for a back-office team whose employees mainly live in western Hanoi.

Before proceeding, the company should assess employee commuting patterns, visitor access, nearby parking and the frequency of external meetings. This makes it possible to determine whether the address creates measurable value rather than simply carrying a central postcode.

Building Scale and Office Space for Lease

Building Scale and Office Space for Lease at 15 Ly Nam De Building offer professional workspace options suitable for businesses of different sizes, with flexible office areas designed to support efficient operations in Hoan Kiem, Hanoi

15 Ly Nam De Building consists of seven above-ground floors and one basement, with an approximate construction area of 244 m². Its compact scale can create a more straightforward working environment than a large mixed-use complex.

The reported leasing options include:

• 18 m²
• 78 m²
• 83 m²
• 90 m²
• 120 m²
• 129 m²
• 188 m²

Actual vacancy and unit configuration can change. These figures should therefore be treated as possible leasing formats rather than confirmation that every size is currently available.

The range of units accommodates several workplace requirements:

• A very small startup or project office may consider an 18 m² unit.
• A representative office may find a unit of approximately 78–90 m² suitable.
• A professional-service or technology company may consider 120–129 m².
• A business requiring more privacy or an almost full-floor layout may examine the 188 m² option.

For businesses comparing Hanoi office space, choosing the correct size is more important than simply selecting the lowest rate per square metre.

A unit that is too large creates recurring rental and service-cost waste, while a unit that is too small can restrict recruitment and lead to another relocation before the lease expires.

A preliminary test fit should account for:

• Reception and waiting area
• Number of workstations
• Meeting-room requirements
• Management offices
• Storage
• Pantry or refreshment area
• IT and server equipment
• Internal circulation
• Future headcount growth

The business should also confirm how the area is measured. The quoted leasing area may include structural elements or other chargeable components, depending on the landlord’s measurement method. Comparing two buildings solely by the nominal square metres may therefore be misleading.

People searching for commercial space for rent Hanoi should note that 15 Ly Nam De Building is presented primarily as an office property.

Companies intending to operate a shop, showroom, high-traffic training centre or another customer-facing commercial activity should confirm permitted use, signage rights, access rules and fire-safety requirements before paying a deposit.

Architecture and Office Standards at 15 Ly Nam De Building

The building has a contemporary and functional design for its Grade C market segment. Its interior spaces are organised to support practical office use, client meetings and day-to-day business operations.

Reported handover and finishing elements include:

• Painted walls
• Glazed windows
• Granite finishes on the first and second floors
• Concrete flooring or the existing finish on upper floors
• Standard suspended ceilings
• Completed restroom facilities
• Electrical outlets and switches
• Telephone connection points

The actual handover condition may differ by unit. Some spaces may have existing tenant improvements, while others may require flooring, partitions, lighting adjustments or a complete new fit-out.

The building’s technical infrastructure reportedly includes:

• Two high-speed Mitsubishi lifts
• Concealed air-conditioning that can be separated by floor
• Backup generator
• Fire-protection system meeting national standards

Independent air-conditioning control can be useful for tenants because it may provide greater flexibility than a central system operating only during fixed building hours.

The lease should nevertheless clarify who pays for electricity, who maintains the equipment and whether the tenant can operate it outside standard working hours.

Before signing, businesses should verify:

• The precise handover condition
• Finished ceiling height
• Electrical capacity
• Backup-power coverage
• Air-conditioning ownership and maintenance responsibility
• Internet providers and installation routes
• Fire-safety approval for the proposed layout
• Signage and branding regulations
• Fit-out working hours
• Waste-removal and contractor-access rules

These checks help prevent unexpected costs after the lease has been signed.

Equipment, Amenities and Services at 15 Ly Nam De Building

The building provides the main facilities required for a small or medium-sized professional office:

• One basement parking level
• Additional parking options near the building
• Two Mitsubishi passenger lifts
• Concealed air-conditioning with floor-level separation
• Backup generator
• Fire-detection and protection systems
• Completed common facilities
• Access to surrounding business services

Parking is especially important when evaluating an office for rent at 15 Ly Nam De Building. Although the property has a basement and nearby parking options, prospective tenants should not assume that every employee or visitor will automatically receive a space.

The company should confirm:

• Motorcycle spaces included or available
• Car-parking availability
• Monthly parking charges
• Visitor-parking arrangements
• Parking hours
• Whether nearby parking is operated by the landlord or a third party
• Access procedures outside normal working hours

The two-lift system is positive for a building of this scale. Nevertheless, an inspection during busy hours can help tenants assess waiting times and service reliability.

Businesses should also clarify which services are included in the service charge. Depending on the property, these may include common-area electricity, security, cleaning, lift maintenance, fire-safety maintenance and general building management.

Items consumed within the leased premises—such as office electricity, internet, cleaning and air-conditioning—may be charged separately. A written cost schedule is therefore essential.

Business Environment and Suitable Tenant Profile

The Ly Nam De–Hoan Kiem area has an active business environment supported by banks, professional-service companies, administrative offices and other commercial properties.

Companies occupying the building can benefit from:

• A central corporate address
• Access to banking and financial services
• Nearby restaurants and meeting venues
• Opportunities to connect with businesses in the area
• Convenient client and partner access
• A professional setting for recruitment and external meetings

The property may be particularly suitable for:

• Technology companies
• Finance and banking service providers
• Consulting firms
• Education and training organisations
• Professional-service businesses
• Representative offices
• Medium-sized international organisations

For international businesses searching for office space for rent in Hanoi, Vietnam, the building offers an economical route into the central district.

However, overseas tenants should assess whether the building’s Grade C facilities meet their corporate requirements for accessibility, sustainability reporting, security, reception services and workplace standards.

The correct property should support both daily operations and the company’s future direction. A business expecting rapid growth should verify whether additional space could become available in the same building. Without an expansion option, the company may face another relocation during the lease term.

Why Lease an Office at 15 Ly Nam De Building?

There are five principal reasons to consider the property.

1. Central Hoan Kiem location

The address supports access to the Old Quarter, banks, administrative services and major routes across the city.

2. Flexible office sizes

Options reported from 18 m² to 188 m² allow businesses to select an area closer to their operational requirements.

3. Cost-efficient Grade C positioning

The building may provide a more economical alternative to Grade A and Grade B offices while retaining a central Hoan Kiem address.

4. Practical technical infrastructure

Two lifts, separate air-conditioning, backup power and fire-protection systems support routine office operations.

5. Suitable for several stages of business growth

The building can serve a small startup, representative office or established SME, subject to the availability of an appropriately sized unit.

These advantages should still be tested against the company’s priorities. The building is likely to work best for an organisation that values centrality, flexible space and cost control more than luxury common areas or extensive on-site amenities.

Rental Price and Office Availability at 15 Ly Nam De Building

The Vietnamese source does not provide a confirmed rental range. An exact office rental price Hanoi estimate for this property should therefore be based on a current, written quotation rather than an assumed figure.

The asking rent can vary according to:

• Unit size
• Floor level
• Lease period
• Handover condition
• Current vacancy
• Payment schedule
• Deposit requirement
• Landlord incentive policy
• Market conditions at the time of negotiation

The headline rent is only one part of the financial commitment. Businesses should request a breakdown covering:

• Base rent
• Service charge
• Value-added tax
• Electricity inside the office
• Air-conditioning electricity
• Motorcycle and car parking
• Internet and telecommunications
• Fit-out management charges
• Deposit
• Reinstatement costs at the end of the lease

Tenants should also clarify:

• Whether the quotation is inclusive or exclusive of VAT
• Whether service charges are included
• The frequency and basis of rent increases
• Payment monthly, quarterly or under another schedule
• Length of the rent-free fit-out period
• Conditions for early access
• Lease commencement date
• Minimum lease term
• Renewal and expansion rights
• Early-termination conditions
• Handover and reinstatement obligations

Vacancies may change quickly, particularly for smaller units suitable for representative offices and compact teams. Prospective tenants should request a date-stamped vacancy schedule and arrange a viewing before relying on any listed area.

Companies may also compare Vietrans Tower with 15 Ly Nam De Building to assess rental costs, workplace quality and leasing conditions along the same street.

Office for Lease in Hanoi – Contact HL Land

Businesses considering an office for lease in Hoan Kiem can work with HL Land to confirm whether 15 Ly Nam De Building is suitable for their headcount, budget, move-in schedule and operating model.

HL Land supports tenants throughout the leasing process, including:

• Confirming current vacancies
• Obtaining quotations directly from the building
• Shortlisting suitable properties
• Arranging office viewings
• Comparing rent and total occupancy costs
• Reviewing handover conditions
• Supporting commercial negotiations
• Coordinating lease signing and premises handover

HL Land’s office-leasing advisory is provided without a tenant-side service fee. Tenants receive the building’s commercial quotation directly, supporting a transparent comparison and negotiation process.

To receive an updated proposal for office space for lease at 15 Ly Nam De Building, provide the required area, employee count, target move-in date, preferred lease term and expected budget. HL Land can then check the available units and recommend comparable properties where necessary.

HL Land – A dedicated advisory partner for a workplace worthy of your business.