Hanoi boasts numerous exceptional advantages, from its strategic geographical location and convenient transportation network to its modern infrastructure. These factors have turned the capital into an ideal destination for domestic and international businesses seeking office spaces that meet development needs and foster effective business connections. 


With a diverse range of office building segments available for lease, businesses have plenty of options to choose from, though finding the right space can be challenging. To help you make quick and accurate decisions, let RSQUARE accompany your business, offering optimal solutions and identifying the perfect office space for your sustainable growth. 

Outstanding Advantages of Renting Hanoi Offices

The office rental market in Hanoi is currently entering a phase of robust growth, marked by a significant increase in new Grade A and B office projects coming into operation. This development not only meets the demand for diverse workspaces but also contributes to enhancing the quality of office infrastructure in the capital. As a result, the demand for office rentals in Hanoi remains stable and continues to attract strong interest from both domestic and international businesses seeking a professional and convenient working environment for sustainable growth. 

1. Prime Location and Convenient Traffic Connection: 

Hanoi is the capital and the political and economic center of Vietnam, home to numerous government agencies, international organizations, and major corporations. Its transportation system is increasingly improving and expanding, with highways connecting Hanoi to other provinces across the country. 


Notably, with the implementation of major infrastructure projects such as the metro system, new roads, and Noi Bai International Airport, Hanoi is progressively becoming a vital trade hub in Southeast Asia.


2. Modern Infrastructure and High Quality Office Buildings for Lease

Hanoi is currently experiencing significant growth in the office rental market. From Grade A office buildings to Grade B and C spaces, the capital offers a wide variety of options in terms of size and pricing, catering to various types of businesses. 


Prominent areas such as Trung Hoa - Nhan Chinh, Tay Ho, Cau Giay, Hai Ba Trung, and locations along major roads like Nguyen Chi Thanh and Lang Ha host high-quality office buildings featuring modern designs and comprehensive amenities, meeting the diverse needs of enterprises. 


3. Reasonable and Competitive Office Rental Costs

Although office rental prices in Hanoi are higher than in some other areas, they remain quite reasonable compared to major cities in the region, such as Ho Chi Minh City, especially in suburban areas or newly developed zones. 


In central areas, office rental prices may be higher, but the surrounding amenities, convenient transportation connections, and dynamic business environment make them a popular choice for large businesses and international corporations.


4. High-quality Workforce

Hanoi, home to numerous universities, research institutes, and large training centers, produces a young, dynamic, and highly skilled workforce. Businesses can easily find talented employees in fields such as information technology, finance, marketing, management, and research and development. With a strong learning and research environment, the workforce in Hanoi is always up-to-date with the latest industry trends, meeting the development needs of both domestic and international companies. 


With the perfect combination of strategic location, modern infrastructure, reasonable costs, and a high-quality workforce, Hanoi is increasingly becoming the ideal destination for businesses seeking office spaces.

Characteristics of the Office Rental Supply in Hanoi 

Hanoi has many office development areas, ranging from central districts like Ba Dinh, Hoan Kiem, and Dong Da to emerging areas such as Cau Giay, Thanh Xuan, and Nam Tu Liem. These areas offer convenient locations, easy access to surrounding amenities, and a well-integrated transportation system, creating an ideal environment for businesses. 


Geographically, the office rental supply is divided into three main areas:

1. Office for Rent in Hoan Kiem and Hai Ba Trung District

Office buildings in Hoan Kiem and Hai Ba Trung Districts have high rental prices and low vacancy rates due to limited supply, as the land available for office development in this area is almost exhausted. Nevertheless, the demand for office rentals here remains very high, as it is a central area, convenient for business transactions, and helps companies establish their brand.


2. Office for Rent in Dong Da and Ba Dinh District

Office buildings in Dong Da and Ba Dinh Districts are centrally located, making them ideal for businesses with partners and clients spread across various districts in Hanoi. Areas such as Lang Ha, Thai Ha, Kim Ma, Lieu Giai, and Doi Can have a high concentration of office spaces for rent. Compared to central districts like Hoan Kiem and Hai Ba Trung, rental prices in Dong Da and Ba Dinh are typically about 10% lower, while still ensuring excellent quality and amenities.


3. Office for Rent in Cau Giay District and the Western Area

The Western area of Hanoi (Cau Giay, Nam Tu Liem) has seen strong development over the past five years, with many office buildings completed after 2010. The well-integrated infrastructure, spacious roads, and less traffic congestion compared to central districts make this area an ideal destination for businesses. It is also home to communities of Koreans, Japanese, and many other expatriates. While traveling to the center may take more time, businesses in the Western area can easily connect to inter-provincial transport routes, the airport, and industrial zones.

Top 10 Typical Office Buildings for Rent in District 7
  Office building for rent
Building address
Rent
44B Ly Thuong Kiet Street, Tran Hung Dao Ward, Hoan Kiem District
$40 - $44 USD / m² (exclude VAT)
49 Hai Ba Trung Street, Tran Hung Dao Ward, Hoan Kiem District
$38 - $42 USD / m² (exclude VAT)
272 Vo Chi Cong Street, Phu Thuong Ward, Ba Dinh District
$36 - $40 USD / m² (exclude VAT)
360 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District
$29 - $33 USD / m² (exclude VAT)
E6 Pham Hung Street, Me Tri Commune, Nam Tu Liem District
$26.5 - $36.5 USD / m² (exclude VAT)
265 Cau Giay Street, Dich Vong Ward, Cau Giay District
$24.5 - $28.5 USD / m² (exclude VAT)
167 Trung Kinh Street, Yen Hoa Ward, Cau Giay District
$21 - $25 USD / m² (exclude VAT)
27 Tran Duy Hung Street, Trung Hoa Ward, Cau Giay District
$16 - $20 USD / m² (exclude VAT)
02 Pham Hung Street, Nam Tu Liem District
$15 - $19 USD / m² (exclude VAT)
147 Hoang Quoc Viet Street, Nghia Do Ward, Cau Giay District
$16 - $20 USD / m² (exclude VAT)

Learn more: Top high-quality office buildings for rent in Ho Chi Minh City


Each building on the list above boasts outstanding features, from prime locations and modern designs to professional support services, providing an ideal working space for all types of businesses. Whether you are a newly established startup or a large company looking for a strategic location to grow, these buildings will meet all your business needs.

RSQUARE : Your Expert Real Estate Advisor

RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities.

E mail : support@rsquare.vn
Phone : +84-28-3636-9641(VN,EN)
               +84-2-6925-3928(KR)

RSQUARE : Your Expert Real Estate Advisor

RSQUARE simplifies Vietnam’s commercial real estate journey with deep market insights, personalized search services, and end-to-end support, ensuring cost-effective and efficient solutions for offices, industrial spaces, and business facilities.

E mail : support@rsquare.vn
Phone : +84-28-3636-9641(VN,EN), +84-2-6925-3928(KR)


RSQUARE Co., LTD 
Phone: +84-28-3636-9641 (English, Vietnamese), 
+82-2-6925-3298 (Korean)
E-mail : support@rsquare.vn

     

© RSQUARE Co., LTD (주)알스퀘어. All rights reserved.


RSQUARE Co., LTD 
Phone: +84-28-3636-9641 (English, Vietnamese), +82-2-6925-3298 (Korean)         E-mail : support@rsquare.vn