IBC Building

IBC Building is a practical option for businesses seeking an office for lease in Hoan Kiem with a highly central address, manageable floor size and competitive rental level.

Located at 37 Trang Thi Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi, the building is only a short distance from Hoan Kiem Lake, Trang Tien Plaza, the pedestrian district and several five-star hotels.

Its location makes it particularly relevant to companies looking for an office for lease in Hanoi that supports client meetings, corporate visibility and convenient access to central business services.

IBC Building is a five-storey Grade C office property with a typical floor area of approximately 272 m². It is suitable for small and medium-sized companies, representative offices, professional-service businesses and other organisations that value location more than the extensive shared amenities of a large office tower.

The indicative rental rate is approximately USD 11–12/m²/month. The final quotation, available areas and additional occupancy costs should be confirmed at the time of enquiry.

Overview of IBC Building

Rental Price and Office Availability at 214 Tran Quang Khai Building provide key information for businesses evaluating office space in Hong Ha Ward, Hanoi, including rental rates, available office areas, service fees, and lease terms

IBC Building is a Grade C office building located on Trang Thi Street, one of the best-known commercial streets in central Hanoi.

The surrounding district contains administrative offices, banks, hotels, shopping centres, restaurants and several professional office buildings. This makes the property suitable for businesses whose location must support client access, financial transactions and corporate recognition.

Key information about the property includes:

• Building name: IBC Building
• Address: 37 Trang Thi Street, Hoan Kiem Ward, Hoan Kiem District, Hanoi
• Office grade: Grade C
• Property type: Office accommodation
• Scale: Five above-ground floors
• Typical floor area: Approximately 272 m²
• Indicative rental rate: Approximately USD 11–12/m²/month
• Parking: External parking for motorcycles and cars, subject to availability
• Suitable occupiers: SMEs, representative offices and companies in trade, consulting, technology, education and professional services

Within the Hoan Kiem office-leasing market, IBC Building is positioned as a practical alternative to larger and more expensive office towers.

It may not provide the same scale or premium facilities as a Grade A building, but it offers something valuable to cost-conscious businesses: a central address and functional workplace at a more accessible indicative rent.

An office space for lease at IBC Building may be suitable for:

• Small and medium-sized enterprises
• Representative offices
• Consulting and professional-service firms
• Trading companies
• Technology businesses
• Education and training organisations
• Companies requiring a central transaction office
• Businesses that regularly welcome clients

A Trang Thi address can also strengthen the way a business is perceived. It is easy to communicate, familiar to both Vietnamese and international visitors and close to several of Hanoi’s most recognisable landmarks.

Location and Transport Connections of IBC Building

IBC Building is situated at 37 Trang Thi Street, in the commercial, administrative and tourism centre of Hanoi.

According to the supplied property information, its approximate connections include:

• About two minutes to Hoan Kiem Lake
• About two minutes to the central post office
• About two minutes to the pedestrian district
• Approximately 100 metres to Trang Tien Plaza
• Convenient access to Ba Trieu and Hai Ba Trung streets
• About three minutes to hotels such as Hilton Opera, Melia Hanoi and Sofitel Legend Metropole

Travel times are indicative and can vary according to traffic conditions and the time of day.

The surrounding area provides access to:

• Banks and financial services
• Restaurants and cafés
• Five-star hotels
• Shopping centres
• Public and administrative services
• Tourist and cultural destinations
• Professional office buildings

Nearby office properties include:

• Asia Tower
• Nam Long Tower
• Minexport Tower
• VID Tower
• Naforimex Building

For a business researching office rental in Hoan Kiem Ward, this location offers several important advantages:

• A prestigious and recognisable business address
• Convenient access for clients and partners
• Proximity to banks and administrative services
• Numerous venues for business lunches and external meetings
• Access to hotels for visiting executives and international guests
• Stronger corporate visibility than a property in a secondary location

The central position is particularly valuable to consulting firms, representative offices and service companies that regularly meet clients. However, the right location must also work for employees.

Before signing a lease, businesses should examine employee commuting routes, public transport, traffic conditions, visitor drop-off arrangements and parking availability. A prestigious address will only create lasting value if it also supports practical daily operations.

Building Scale and Office Space for Lease at IBC Building

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

IBC Building comprises five above-ground floors and provides approximately 272 m² on a typical floor.

This is a relatively manageable floor size for businesses that want a central office without committing to a large headquarters. Depending on the current subdivision policy and available unit, a tenant may be able to lease part of a floor or consider a larger, more private configuration.

A typical workplace may include:

• Reception and visitor waiting area
• Open-plan workstations
• One or more meeting rooms
• Management offices
• Client-consultation room
• Pantry
• IT and storage areas
• Internal circulation space

The building may suit:

• Companies with approximately 5–15 employees
• Businesses with approximately 15–30 employees
• Representative offices
• Consulting and professional-service teams
• Trading companies requiring a transaction office

Employee capacity depends on the precise leased area, layout and density. Businesses should not estimate capacity using floor area alone.

A test-fit plan should consider:

• Number and dimensions of workstations
• Meeting-room requirements
• Need for private offices
• Reception and client-facing facilities
• Storage requirements
• Pantry and staff facilities
• IT infrastructure
• Planned employee growth

Businesses comparing Hanoi office space should also confirm the measurement method applied to the quoted area. A landlord may quote net usable area, chargeable area or another measurement basis. Two units with the same advertised size may therefore deliver different usable workplace capacity.

Those searching broadly for commercial space for rent Hanoi should note that IBC Building is presented primarily as an office property. Retail, showroom, high-footfall education or customer-service activities may require separate permission.

Before paying a deposit, a prospective tenant should verify:

• Whether the intended business use is permitted
• Whether external signage is allowed
• Whether customers may access the building freely
• Whether the proposed occupancy complies with fire-safety regulations
• Whether weekend and evening operations are permitted

Architecture and Office Standards at IBC Building

Architecture and Office Standards at IBC Building reflect a professional and functional workspace, combining practical design with suitable office standards to support efficient business operations in Hoan Kiem, Hanoi

IBC Building follows a practical architectural approach appropriate to a compact Grade C office property. Its design prioritises usable workspace, straightforward access and manageable daily operations.

The building’s scale can be an advantage for companies that prefer a less complex workplace environment. Employees and visitors do not need to navigate a large mixed-use complex, while the company can retain a central Hanoi address.

The supplied property information identifies the following operational provisions:

• One high-speed lift
• Building-wide monitoring and management 24 hours a day
• External parking serving motorcycles and cars
• Office infrastructure suitable for professional occupation

The source does not specify the air-conditioning model, backup-power capacity, telecommunications providers or detailed handover condition. These items should therefore be checked during a physical inspection rather than assumed.

Tenants should request confirmation of:

• Air-conditioning system and operating hours
• Charges for overtime air-conditioning
• Backup-power coverage
• Electrical capacity inside the office
• Fire-protection and evacuation systems
• Internet service providers
• Finished ceiling height
• Natural-light conditions
• Restroom configuration
• Signage rights
• Handover condition
• Fit-out regulations

For an older or compact building, the condition of the actual unit can be more important than the general property classification.

A well-maintained existing office with reusable partitions may reduce fit-out time and cost. In contrast, an inexpensive unit requiring major renovation can create a larger upfront investment than expected.

Equipment, Amenities and Services at IBC Building

Equipment, Amenities and Services at IBC Building provide a professional and convenient working environment, with essential facilities and building services supporting the daily operational needs of businesses in Hoan Kiem, Hanoi

The building’s reported on-site facilities include:

• One high-speed lift
• Continuous building monitoring
• External motorcycle parking
• External car-parking options
• Professionally operated office areas

Its wider location contributes a more extensive set of amenities:

• Banks and financial transaction points
• Restaurants and cafés
• Trang Tien Plaza
• Hotels and serviced accommodation
• Hoan Kiem Lake and the pedestrian district
• Post office and public services
• Other professional office buildings

The external parking arrangement requires particular attention. Prospective tenants should confirm:

• Exact parking location
• Distance from the building entrance
• Number of motorcycle spaces available
• Car-parking availability
• Monthly parking fees
• Visitor-parking procedure
• Parking operating hours
• Whether the parking operator is connected to the landlord

Parking can materially affect employee experience and total occupancy cost. A lower office rent may not be economical if staff must use expensive or inconvenient third-party parking every day.

Companies should also ask what the service charge includes. Common inclusions may cover security, common-area lighting, lift maintenance, cleaning of shared areas and general building management. Electricity, internet, office cleaning and other tenant-specific expenses may be charged separately.

Business Environment and Suitable Tenant Profile

IBC Building is surrounded by an established network of businesses, hotels, banks, service providers and office properties. This environment can support client meetings, business development and recruitment.

The property may be particularly appropriate for:

• Consulting businesses
• Trading companies
• Technology firms
• Education and training organisations
• Representative offices
• Professional-service companies
• Financial-support businesses

For international organisations searching for office space for rent in Hanoi, Vietnam, IBC Building offers a cost-conscious route into the city centre.

Its location can help an international company:

• Establish a central Hanoi address
• Welcome overseas visitors conveniently
• Access nearby hotels and meeting venues
• Reach banks and administrative services
• Improve recognition among local partners

The tenant should still compare the building’s Grade C facilities with its internal corporate standards. Businesses with strict requirements regarding reception, accessibility, sustainability, security or building certification may need to compare IBC Building with higher-grade alternatives.

The property is most suitable when a business gains significant value from the location but does not require extensive premium facilities.

Why Lease an Office at IBC Building?

There are five main reasons to consider an office for rent at IBC Building.

1. Central Trang Thi address

The building is close to Hoan Kiem Lake, Trang Tien Plaza, the pedestrian district and major commercial streets.

2. Competitive Grade C positioning

The indicative rent may provide a more economical route into central Hoan Kiem than a Grade A or Grade B office.

3. Manageable building and floor scale

A five-storey property with approximately 272 m² per floor can suit SMEs and representative offices that do not need a large headquarters.

4. Strong external amenity network

Banks, restaurants, cafés, hotels and retail services are available throughout the surrounding district.

5. Support for corporate visibility

A Trang Thi address can help businesses create a stronger impression when communicating with clients, partners and prospective employees.

IBC Building should nevertheless be evaluated on total value rather than rent alone. A tenant should inspect the actual unit, test the layout, confirm parking and calculate all recurring and one-time expenses.

For another cost-effective central option, businesses can compare IBC Building with 15 Ly Nam De Building.

Rental Price and Office Availability at IBC Building

The indicative rental rate at IBC Building is approximately USD 11–12/m²/month.

Businesses researching office rental price Hanoi should verify whether this range includes or excludes the service charge and VAT. The final price may vary according to:

• Leased area
• Floor level
• Lease term
• Current availability
• Handover condition
• Payment schedule
• Move-in date
• Landlord incentive policy

The full occupancy-cost calculation should include:

• Base rent
• Service charge
• VAT
• Electricity
• Air-conditioning costs
• Motorcycle parking
• Car parking
• Internet and telecommunications
• Office cleaning
• Fit-out expenses
• Security deposit
• Reinstatement expenses at lease expiry

Tenants should also clarify:

• Deposit amount
• Monthly or quarterly payment schedule
• Minimum lease term
• Rent escalation
• Rent-free fit-out period
• Early-access conditions
• Lease commencement date
• Renewal rights
• Expansion options
• Early-termination conditions
• Signage rights
• Handover specifications
• End-of-lease reinstatement obligations

Vacant areas can change quickly because offices with a central location and accessible price are often attractive to SMEs. Businesses should request a date-stamped vacancy list and current written proposal before relying on any advertised availability.

Office for Lease in Hanoi – Contact HL Land

Businesses evaluating an office for lease in Hoan Kiem can work with HL Land to determine whether IBC Building matches their space requirements, operating model and budget.

HL Land supports tenants throughout the office-leasing process, including:

• Confirming current vacancies
• Obtaining quotations directly from the building
• Shortlisting suitable offices
• Arranging physical inspections
• Comparing rental 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 commercial quotations directly from the relevant building or landlord, supporting transparency during comparison and negotiation.

To receive an updated proposal for office space for lease at IBC Building, provide the required area, employee count, target move-in date, expected lease term and approximate budget. HL Land can then confirm suitable vacancies and recommend comparable properties where appropriate.

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