Naforimex Building

Naforimex Building is a practical option for companies seeking an office for lease in Hoan Kiem with a central address, convenient transport connections and a competitive rental level.

Located at 19 Ba Trieu Street, Cua Nam Ward, Hoan Kiem District, Hanoi, the building benefits from its position on one of the capital’s established commercial streets. It provides convenient access to banks, administrative offices, retail facilities, restaurants and other professional office buildings.

For companies looking for an office for lease in Hanoi, Naforimex Building offers a useful balance between location, functional office specifications and operating cost.

Its approximately 300-square-metre typical floor can accommodate several tenant profiles, while two basement levels support parking requirements in a central area where parking capacity is often limited.

Businesses searching for an office space for rent in Hanoi Vietnam should nevertheless assess more than the advertised rent. Service charges, VAT, parking, air-conditioning expenses, fit-out costs and lease conditions can all affect the actual cost of occupying an office.

This guide examines the location, scale, office standards, facilities, tenant suitability and indicative rental price of Naforimex Building, helping decision-makers determine whether the property should be included in their office shortlist.

Overview of Naforimex Building

Naforimex Building is a Grade C office building located on Ba Trieu Street in the central area of Hoan Kiem District.

Rather than competing directly with premium Grade A properties, the building focuses on the practical requirements of small and medium-sized businesses: a recognisable central address, manageable office floors, essential technical infrastructure and an accessible rental range.

Its principal specifications include:

• Building name: Naforimex Building
• Address: 19 Ba Trieu Street, Cua Nam Ward, Hoan Kiem District, Hanoi
• Office grade: Grade C
• Building scale: Nine office floors and two basement levels
• Approximate overall site area: 453 square metres
• Approximate typical floor area: 300 square metres
• Primary use: Professional offices for lease
• Indicative asking rent: USD 13–14 per square metre per month
• Suitable tenant profiles: SMEs, trading companies, import-export businesses, professional service providers and representative offices

Within the Hoan Kiem office leasing market, Naforimex Building is particularly relevant to companies that value location and operating efficiency but do not require the premium presentation or extensive shared amenities of a high-end office tower.

Its strengths include:

• Central location on Ba Trieu Street
• Competitive rental positioning
• Approximately 300-square-metre typical floors
• Potential flexibility for partial-floor or full-floor leasing, subject to vacancy
• Two basement parking levels
• Two high-speed lifts
• Central air conditioning
• Full-capacity backup power
• Fire-safety and 24/7 security systems

Companies comparing Hanoi office space options should confirm whether offered areas are quoted as gross or net usable space. This distinction affects workstation capacity and the effective rental cost per square metre.

Naforimex Building may be especially suitable for businesses researching office rental in Cua Nam Ward because it combines a central commercial address with infrastructure appropriate for stable, long-term operations.

Location and Transport Connections of Naforimex Building

Naforimex Building is situated on Ba Trieu Street, one of central Hanoi’s prominent commercial and business routes.

The building is positioned in Cua Nam Ward, within Hoan Kiem District, and offers connections to important streets and areas such as:

• Tran Hung Dao
• Hai Ba Trung
• Ly Thuong Kiet
• Trang Thi
• The Old Quarter
• Central banking and administrative districts

Ba Trieu operates as a one-way street in this area. Although traffic is generally organised, tenants should inspect access during peak hours and consider the travel direction of employees, clients and company vehicles.

The surrounding area accommodates a diverse range of organisations and services, including:

• Banks and financial institutions
• Government and administrative offices
• Retail facilities
• Restaurants and cafés
• Residential neighbourhoods
• Professional office buildings
• Commercial and customer-service businesses

Nearby office properties include Gia Long Building, 330 Ba Trieu and the office building at 110–112 Ba Trieu. Their presence contributes to an established professional ecosystem and creates opportunities for networking, business development and access to support services.

For companies assessing an office for rent in Hanoi, the value of this location extends beyond travel convenience. A central address can support:

• Easier meetings with clients and partners
• Faster access to banks and administrative services
• Greater visibility and credibility for the company
• More convenient recruitment of employees who prefer an inner-city workplace
• Improved access to hotels, restaurants and meeting venues
• Reduced travel time between appointments in central Hanoi

Companies searching for commercial space for rent Hanoi should distinguish between conventional office use and retail-oriented commercial use. Naforimex Building is primarily operated as an office property. Businesses requiring street-level retail visibility, heavy customer traffic, frequent goods delivery or specialised licences should confirm whether their proposed activity is permitted.

Before making a leasing decision, prospective tenants should inspect:

• Traffic conditions during morning and evening peaks
• Vehicle access and temporary stopping arrangements
• Basement entry and exit
• Visitor-parking procedures
• Access for couriers and deliveries
• Availability of nearby alternative parking
• Distance to bus routes or other public transport
• Walking conditions for employees and visitors

These practical factors influence the workplace experience throughout the lease term and should be assessed alongside rental price.

Building Scale and Office Space for Lease at Naforimex Building

Building Scale and Office Space for Lease at Naforimex Building offer professional workspace options suitable for businesses of different sizes, with practical office areas designed to support efficient operations in Cua Nam, Hanoi

Naforimex Building comprises nine office floors and two basement levels. The property is constructed on an overall area of approximately 453 square metres, while each typical office floor provides around 300 square metres.

This floor size is sufficiently large to support a medium-sized business while remaining divisible for smaller tenants, depending on vacancy and the landlord’s subdivision policy.

The office space for lease at Naforimex Building may suit:

• Small companies taking part of a floor
• Medium-sized businesses requiring 100–200 square metres
• Companies leasing approximately 300 square metres as a full floor
• Representative offices seeking privacy and a central address
• Businesses needing a reception area, meeting rooms and separate departments

A 300-square-metre floor may be configured to include:

• Reception and waiting area
• Open-plan workspace
• Private management offices
• Meeting and interview rooms
• Customer-service or transaction area
• Internal storage
• Pantry and employee support space
• Small server or communications room

The number of employees that can occupy the space depends on workstation density, circulation, fire-safety requirements and the proportion of enclosed rooms. A company with extensive meeting, training or reception requirements will generally need more area per employee than a predominantly open-plan team.

Before committing to an office, the tenant should request a measured floor plan and confirm:

• Gross leased area
• Net usable area
• Common-area allocation
• Structural column positions
• Window lines and natural light
• Ceiling condition and height
• Existing partitions
• Air-conditioning distribution
• Electrical capacity
• Internet and data-cabling routes
• Emergency exits
• Permitted fit-out works

Businesses should also prepare a headcount forecast for the proposed lease term. Taking too little space may result in another relocation before the lease expires, while excessive area creates unnecessary rent, fit-out and utility expenses.

Companies expecting growth should ask whether adjacent areas or additional floors may become available. Where expansion is strategically important, a tenant can request a right of first refusal, although this remains subject to landlord approval and negotiation.

Architecture and Office Standards at Naforimex Building

Naforimex Building has a modern, functional design appropriate for a professionally operated Grade C office property. Its architecture prioritises usability, workplace organisation and operating stability.

Reported technical systems include:

• Two high-speed lifts
• Intelligent central air conditioning
• Fire detection and firefighting systems
• A backup generator supporting 100% of required capacity
• CCTV and security monitoring operating 24/7

Two lifts can reduce waiting times and support smoother movement between the nine office floors. During an inspection, tenants should still observe lift performance at the beginning and end of the working day.

The central air-conditioning system can provide a consistent working environment, but tenants should confirm:

• Standard air-conditioning hours
• How cooling expenses are calculated
• Whether the cost is included in the service charge
• Overtime air-conditioning rates
• Whether different leased areas can be controlled separately
• Maintenance responsibility inside the office

The stated 100% backup-power capacity is an important operational advantage. Companies should nevertheless obtain written clarification of which systems and office loads are covered. The landlord should confirm whether backup power supports all tenant equipment or is subject to technical limits.

Fire safety is another critical area of due diligence. Businesses should review the building’s fire-safety documentation and verify:

• Fire-alarm coverage
• Emergency exits
• Evacuation routes
• Firefighting equipment
• Emergency lighting
• Rules governing new partitions and ceilings
• Approval procedures for electrical and interior works

These checks are particularly important when the tenant plans a substantial fit-out or expects a high daily occupancy.

Equipment, Amenities and Services at Naforimex Building

The property provides the main facilities required for routine office operations:

• Two basement parking levels
• Two high-speed lifts
• Central air conditioning
• Full-capacity backup power
• Fire-safety and warning systems
• CCTV and security monitoring operating 24/7

Two basement levels represent a practical advantage in Hoan Kiem, where parking can be restricted. However, prospective tenants should not assume that basement capacity guarantees parking for every employee.

The lease proposal should clarify:

• Number of motorcycle spaces allocated
• Car-parking availability
• Monthly parking fees
• Visitor-parking procedures
• Parking access hours
• Alternative parking if the basements are full
• Whether parking prices are fixed during the lease term

The surrounding area provides convenient access to several banks, including:

• Vietcombank at 334 Ba Trieu
• VietinBank at 92 Ba Trieu
• BIDV at 191 Ba Trieu
• MB Bank
• GPBank
• VPBank

Tenants also benefit from nearby shopping facilities, restaurants, cafés, residential services and other amenities serving office employees.

This environment supports everyday business operations by making it easier to:

• Complete banking transactions
• Arrange client meetings
• Find restaurants and cafés for business discussions
• Access retail and administrative services
• Support employee lunch and personal-service needs
• Reduce travel time for routine tasks

The building also accommodates Naforimex Hanoi Forest Products Production and Import-Export Joint Stock Company. Its association with the building may contribute to attention being given to the property’s image and general operation.

Telecommunications specifications are not included in the supplied information. Businesses should therefore verify internet providers, fibre-optic availability, cabling procedures and whether redundant connections can be installed.

Business Environment and Suitable Tenant Profile

The Ba Trieu–Cua Nam–Hoan Kiem area supports an active business community consisting of banks, trading companies, professional service providers, retail businesses and representative offices.

An office for rent at Naforimex Building may be particularly suitable for:

• Trading companies
• Import-export businesses
• Consulting firms
• Professional service providers
• Education and training companies
• Representative offices
• SMEs requiring a central transaction address
• Companies that work regularly with banks and administrative organisations

Businesses operating from this location may benefit from:

• A recognisable central address
• Convenient access to clients and partners
• Opportunities to build professional relationships
• Easier recruitment for an inner-city workplace
• Proximity to financial and commercial services
• A professional setting for meetings and negotiations

The property may be less suitable for large corporations requiring several thousand square metres of continuous space, extensive premium amenities or a Grade A reception environment. It may also be unsuitable for businesses involving heavy logistics, industrial activities or intensive street-level retail traffic.

For the right tenant, however, Naforimex Building offers a practical combination of address, floor size, infrastructure and cost control.

Why Lease an Office at Naforimex Building?

Five factors make Naforimex Building worth considering.

1. Central location for business transactions

The Ba Trieu address provides convenient access to financial, commercial and administrative areas. It also offers a recognisable location for clients and partners.

2. Competitive Grade C rental positioning

The indicative rental range is accessible compared with many higher-grade properties in central Hoan Kiem.

3. Practical 300-square-metre floor plates

The typical floor can support subdivision for smaller companies or full-floor occupation for tenants requiring privacy and organisational control.

4. Comprehensive technical infrastructure

Two lifts, central air conditioning, full-capacity backup power, fire-safety systems and 24/7 security support stable daily operations.

5. Strong surrounding amenities

Banks, restaurants, retail facilities and professional services make the area convenient for employees and business visitors.

If Naforimex Building does not fully satisfy a company’s area or budget requirements, Vietbank Building is another property on Ba Trieu Street that may be included in the comparison.

Rental Price and Office Availability at Naforimex Building

The indicative rent at Naforimex Building is approximately USD 13–14 per square metre per month.

This price is provided for reference. The final quotation may vary according to:

• Available floor
• Leased area
• Lease duration
• Handover condition
• Commencement date
• Current vacancy
• Landlord incentives
• Negotiated payment terms

When comparing the office rental price Hanoi market, companies should calculate the total occupancy cost rather than relying solely on the headline rent.

An updated quotation should clarify:

• Base rent
• Service charge
• VAT
• Electricity
• Air-conditioning expenses
• Overtime air-conditioning charges
• Motorcycle-parking fees
• Car-parking fees
• Water charges
• Signage fees, if applicable
• Fit-out management fees or deposits
• Other recurring expenses

The lease agreement should also be reviewed for:

• Minimum lease term
• Security deposit
• Payment frequency
• Rent-review mechanism
• Rent-free fit-out period
• Handover specifications
• Permitted fit-out works
• Access and operating hours
• Renewal rights
• Expansion options
• Early-termination provisions
• Reinstatement obligations at lease expiry

A lower base rent does not always represent a lower overall cost. High service charges, limited parking, extensive fit-out requirements or strict reinstatement obligations can materially change the financial outcome.

Vacant offices at Naforimex Building may change continuously. Prospective tenants should request a current availability schedule before arranging an inspection.

The report should specify:

• Available floor and area
• Gross and net usable measurements
• Availability date
• Existing office condition
• Asking rent and service charge
• Minimum lease duration
• Parking allocation
• Landlord incentives
• Subdivision possibilities

An updated report allows businesses to compare the office space for lease at Naforimex Building objectively with other offices for lease in Hanoi.

Office for Lease in Hanoi – Contact HL Land

Businesses considering an office for lease in Hoan Kiem can contact HL Land for an updated quotation, current vacancies and a comparison with suitable alternatives.

HL Land supports tenants throughout the office-leasing process:

• Defining area, location and budget requirements
• Preparing a focused property shortlist
• Arranging office inspections
• Comparing rental and operating costs
• Reviewing important commercial terms
• Supporting negotiations with landlords
• Coordinating lease signing and office handover

Tenants do not pay an additional brokerage service fee to HL Land. Quotations and vacancy information are obtained directly from landlords or authorised building representatives, supporting a transparent and objective comparison.

Contact HL Land to check whether a suitable office for rent at Naforimex Building is currently available and to compare it with other options for office rental in Cua Nam Ward and Hoan Kiem District.

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