40 Phan Boi Chau

40 Phan Boi Chau is a practical option for companies seeking an office for lease in Hoan Kiem or a professionally located office for lease in Hanoi.

Situated at 40 Phan Boi Chau Street, Cua Nam Ward, Hoan Kiem District, Hanoi, the building provides convenient access to the capital’s administrative, financial, diplomatic and commercial areas.

Its surroundings include government organizations, embassies, international hotels, banks and professional office buildings.

The property combines a central address with a manageable scale, functional office design and a rental level that may be more accessible than that of several premium buildings nearby.

An office for rent at 40 Phan Boi Chau may therefore suit small and medium-sized companies, representative offices, trading businesses and professional service firms.

Companies considering office space for lease at 40 Phan Boi Chau should evaluate the usable area, total occupancy cost, parking arrangements and lease terms before making a commitment. This guide presents the building’s location, scale, workplace environment, amenities, indicative rental price and practical leasing considerations.

Overview of 40 Phan Boi Chau

Overview of 40 Phan Boi Chau highlights a professional office building at 40 Phan Boi Chau Street, Cua Nam, Hanoi, offering a central location, convenient connectivity, and a suitable working environment for businesses

40 Phan Boi Chau is a Grade B office building on Phan Boi Chau Street in central Hoan Kiem District.

This is a well-connected location within Hanoi’s urban core, providing access to several important transport routes and business areas.

Although the property is not a large premium tower, it offers a practical balance among location, rental cost and operational efficiency. It can therefore be relevant to companies that want to establish a central Hanoi office without paying for facilities or space they do not need.

Key building information

• Building name: 40 Phan Boi Chau
• Address: 40 Phan Boi Chau Street, Cua Nam Ward, Hoan Kiem District, Hanoi
• Office grade: Grade B
• Scale: Eight above-ground floors
• Building use: Professional office leasing
• Parking: Ground-floor parking area, according to the supplied information
• Suitable tenants: SMEs, service companies, representative offices and businesses requiring a central transaction office

Within the market for an office for lease in Hoan Kiem, the building offers several practical advantages:

• A central and accessible address
• Proximity to banks, hotels and government organizations
• Convenient facilities for client meetings
• A manageable building scale
• Office areas suitable for small and medium-sized businesses
• Potentially lower costs than premium Grade A properties nearby
• A professional setting for long-term business operations

Why businesses consider the building

Companies often shortlist 40 Phan Boi Chau because it combines:

• Central location
• Convenient client access
• Proximity to diplomatic and administrative organizations
• Practical office layouts
• A professional business environment
• Manageable occupancy costs

For organizations comparing office space for rent in Hanoi Vietnam, the building is most relevant when operational practicality is more important than occupying a prestigious high-rise tower.

Suitable tenant profiles

The property may suit:

• Trading and service companies
• Consulting firms
• Training providers
• Representative offices
• Logistics and import-export companies
• Small financial businesses
• Organizations requiring a central transaction office
• Businesses seeking to strengthen their presence in Hoan Kiem

Location and Transport Connections of 40 Phan Boi Chau

Location is the property’s principal advantage. The building stands on Phan Boi Chau Street, close to its intersection with Ly Thuong Kiet Street in Cua Nam Ward.

This position places the building within a convenient transport network serving the central districts of Hanoi.

Connections to important streets

From 40 Phan Boi Chau, occupants can access:

• Ly Thuong Kiet Street
• Tran Hung Dao Street
• Hai Ba Trung Street
• Quan Su Street
• Trang Thi Street
• Ngo Quyen Street
• Ba Trieu Street

The location also provides relatively convenient travel to Hai Ba Trung, Ba Dinh and Dong Da districts.

Distances to notable destinations

According to the supplied information, the building is:

• Approximately seven minutes from Hoan Kiem Lake
• Close to Hanoi Opera House
• Close to August Revolution Square
• Approximately four minutes from May 1 Square
• Near the Ministry of Transport
• Near the Vietnam–Soviet Friendship Cultural Palace
• Near Hanoi Railway Station

Actual travel times depend on traffic and should be checked during the business hours relevant to the tenant.

Banking and financial services

Banks in the surrounding area include:

• MUFG Bank
• HSBC
• BIDV
• SHB
• VIB
• MB Bank

The concentration of banking services can make financial transactions and documentation more convenient.

Hotels and meeting venues

Nearby hospitality and meeting facilities include:

• Movenpick Hotel
• International Guest House of the Ministry of Public Security
• Other hotels and accommodation in central Hanoi

The area also provides many restaurants and cafés, such as:

• Highlands Coffee
• Phui Restaurant
• Minh Ky Dimsum and Noodles
• Lanka vegetarian restaurant
• Other venues along Ly Thuong Kiet, Quan Su and Phan Boi Chau streets

These facilities are useful for informal meetings, business lunches and visiting clients.

Practical location benefits

An office at 40 Phan Boi Chau may help a company:

• Receive clients more conveniently
• Conduct banking transactions quickly
• Reduce travel time between central appointments
• Improve its corporate image
• Support employee recruitment
• Access hotels and meeting venues
• Develop relationships within an established business district

Businesses considering office rental in Cua Nam Ward should inspect the location during peak travel periods. They should assess vehicle access, pedestrian movement, passenger drop-off and parking availability rather than relying only on an online map.

Building Scale and Office Space for Lease at 40 Phan Boi Chau

The building comprises eight above-ground floors dedicated to office use.

Although the Vietnamese source does not provide a specific typical floor area or a detailed subdivision schedule, the property is described as suitable for flexible office requirements, including:

• Small offices for growing businesses
• Medium-sized offices for companies with approximately 10–30 employees
• Transaction offices and branches
• Representative offices
• Larger combined areas, subject to actual vacancy

Prospective tenants should request the current vacancy schedule rather than assume that every area can be divided freely.

Potential workplace functions

Depending on the available area, a tenant may be able to configure:

• Compact reception area
• Open-plan workspace
• Meeting room
• Management office
• Client consultation space
• Document storage
• Pantry or support area

The actual capacity will depend on the size and shape of the vacant premises, workstation density, circulation requirements and fire-safety regulations.

Confirm usable area before leasing

When considering office space for lease at 40 Phan Boi Chau, companies should distinguish between gross leased area and net usable area.

The landlord or its authorized representative should confirm:

• Gross leased area
• Net usable area
• Common-area allocation
• Measurement method
• Columns and technical shafts
• Shared corridors and facilities
• The area used to calculate rent
• The area used to calculate the service charge

A test-fit plan can determine whether the premises will accommodate the company’s required headcount and functional rooms.

Parking considerations

The supplied information refers to a ground-floor parking area. Because central Hoan Kiem often has limited vehicle capacity, tenants should confirm:

• Motorcycle and car quotas
• Monthly parking fees
• Visitor parking
• Access hours
• Nearby alternative parking
• Whether spaces are guaranteed in the lease

Parking should be assessed early, particularly for companies with many employees or frequent client visits.

Advantages of a smaller-scale building

An eight-floor property can offer:

• Simpler internal circulation
• A more familiar tenant environment
• Easier access and building navigation
• Less complexity than a large office tower
• A practical workplace for smaller companies

However, the building’s scale may also limit expansion options. Growing companies should ask whether adjacent areas or additional floors are expected to become available during the proposed lease term.

Architecture and Office Standards at 40 Phan Boi Chau

The building has a functional office design focused on practical business use rather than elaborate architectural features.

Principal design characteristics

• Professional office appearance
• Recognizable street frontage
• Compact and manageable interiors
• Practical workplace layouts
• Suitability for various small and medium-sized businesses

Its frontage on Phan Boi Chau Street can support corporate identification and help visitors locate the premises.

Street environment

Phan Boi Chau is described as a relatively wide, one-way street. This may provide several practical benefits:

• More predictable traffic flow
• Easier visitor access
• Less congestion than on some smaller central streets
• A more orderly office environment

Actual traffic conditions should still be assessed during peak periods.

Suitable workplace models

The property may support:

• Transaction offices
• Company headquarters
• Branch offices
• Representative offices
• Client-facing service offices
• Professional consultation facilities

Before signing a lease, tenants should request a written handover schedule showing what will be included, such as:

• Flooring
• Ceiling
• Lighting
• Internal partitions
• Electrical capacity
• Air-conditioning provision
• Fire-safety equipment
• Internet connections

Existing fit-out elements may belong to an outgoing tenant and should not be assumed to form part of the handover.

Equipment, Amenities and Services at 40 Phan Boi Chau

The supplied source emphasizes professional management, a stable working environment and parking at the ground-floor level.

It does not specify the number of lifts, air-conditioning configuration, backup-power coverage or detailed fire-safety systems. Prospective tenants should verify these items during technical due diligence rather than relying on assumptions.

Technical questions tenants should ask

• How many lifts serve the office floors?
• What are the lift capacity and operating hours?
• How is air conditioning supplied and charged?
• Is overtime air conditioning available?
• What systems are covered by backup power?
• Which internet providers serve the property?
• What fire-safety systems are installed?
• What access procedures apply outside working hours?
• How frequently are technical systems maintained?

These questions are important because building infrastructure can affect employee experience and business continuity.

External amenities

The property benefits from a strong surrounding service network.

Restaurants and cafés include:

• Highlands Coffee
• Phui Restaurant
• Minh Ky Dimsum and Noodles
• Lanka
• Other venues around Quan Su and Ly Thuong Kiet

Banks include:

• HSBC
• BIDV
• SHB
• VIB
• MB Bank
• MUFG Bank

Accommodation includes:

• Movenpick Hotel
• International Guest House of the Ministry of Public Security
• Other central Hanoi hotels

These amenities allow tenants to:

• Meet clients conveniently
• Arrange business lunches
• Conduct banking transactions
• Support employees’ daily needs
• Receive visiting partners from outside Hanoi

The building therefore provides more than basic commercial space for rent Hanoi. Its central ecosystem can materially support business operations.

Business Environment and Suitable Tenant Profile

The surrounding district accommodates:

• Government organizations
• Embassies
• Banks
• International hotels
• Professional office buildings
• Trading and service companies

This environment can provide companies with access to potential clients, partners and supporting services.

Suitable industries

The building may be particularly suitable for:

• Consulting services
• Trading companies
• Import-export businesses
• Education and training providers
• Small and medium-sized financial companies
• Representative offices
• Legal and professional service firms

It may be less suitable for organizations requiring large contiguous floors, extensive parking, heavy logistics access or premium Grade A facilities.

Every prospective tenant should therefore evaluate the property against its operational requirements instead of choosing it for location alone.

Why Lease an Office at 40 Phan Boi Chau?

The principal reasons to consider an office for rent at 40 Phan Boi Chau include:

1. Central Hoan Kiem location

The building provides convenient access to major commercial, administrative and financial destinations.

2. Recognizable corporate address

A Phan Boi Chau Street address can strengthen corporate presentation and make the office easier for clients to locate.

3. Proximity to banks and government organizations

The surrounding services can reduce travel time for financial and administrative work.

4. Suitable scale for SMEs

The building offers a manageable office environment for smaller companies and representative offices.

5. Strong hospitality ecosystem

Hotels, restaurants and cafés provide convenient options for receiving clients and partners.

6. Practical Grade B positioning

The property may provide a professional environment without the higher cost structure associated with premium Grade A towers.

7. Convenient central connections

The location provides access to Hoan Kiem Lake, Hanoi Railway Station and several important streets.

8. Balance between location and budget

For cost-conscious companies, the building can offer central positioning while supporting more efficient occupancy planning.

Companies comparing nearby alternatives may also review Capital Building to assess differences in building scale, floor area, parking, technical systems and total occupancy cost.

Rental Price and Office Availability at 40 Phan Boi Chau

The indicative rental price is approximately USD 20–21/m²/month.

This price is described as relatively accessible for a central Hoan Kiem property, but it should not automatically be treated as an all-inclusive quotation.

Factors affecting the rental rate

The final rental price may vary according to:

• Leased area
• Floor and unit position
• Handover condition
• Lease duration
• Market demand
• Vacancy level
• Deposit and payment schedule
• Landlord incentives

Calculate total occupancy cost

When comparing the office rental price Hanoi market provides, tenants should confirm whether each quotation includes or excludes:

• Service charge
• Value-added tax
• Electricity
• Standard-hours air conditioning
• Overtime air-conditioning charges
• Motorcycle and car parking
• Internet and telecommunications
• Cleaning inside the leased premises
• Signage
• Fit-out management fees
• Utility deposits
• Other one-off expenses

The lowest base rent does not always produce the lowest monthly cost. Companies should compare each shortlisted building using a consistent occupancy-cost schedule.

Review the lease conditions

The lease or letter of offer should clearly define:

• Gross and net usable area
• Handover date
• Lease commencement date
• Rent commencement date
• Fit-out period
• Security deposit
• Payment frequency
• Annual rent escalation
• Renewal rights
• Expansion options
• Early-termination conditions
• Subleasing restrictions
• Repair responsibilities
• Reinstatement obligations at lease expiry

Any rent-free period, fit-out support or commercial concession should be documented in writing.

Current office vacancies

Available offices at 40 Phan Boi Chau can change frequently. Areas suitable for small and medium-sized businesses may attract interest quickly.

Before arranging viewings, a company should define:

• Target usable area
• Current and projected headcount
• Maximum total monthly budget
• Preferred move-in date
• Required meeting rooms
• Parking demand
• Technical requirements
• Preferred handover condition

This information allows the consultant to identify relevant vacancies and avoid unnecessary inspections.

Office for Lease in Hanoi – Contact HL Land

If your company is searching for an office for lease in Hanoi, an office for lease in Hoan Kiem or specifically an office space for lease at 40 Phan Boi Chau, HL Land can support the complete leasing process.

HL Land assists corporate tenants with:

• Updated rental quotations and landlord incentives
• Current office vacancy information
• Requirement-based shortlisting
• Building inspections
• Total occupancy-cost comparisons
• Commercial-term analysis
• Landlord negotiations
• Lease signing
• Handover coordination

Rental quotations and vacancy information are obtained from the landlord or authorized representatives. Corporate tenants do not pay an additional brokerage service fee to HL Land for standard office-leasing consultancy.

Contact HL Land with your required area, headcount, budget, parking needs and target move-in date to receive a relevant shortlist and arrange an inspection.

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