198 Truong Chinh Building offers highly cost-efficient and practical Grade C commercial office space for lease located on Truong Chinh Street, Khuong Mai / Phuong Mai Ward, Dong Da District, Hanoi. Positioned directly on the elevated Ring Road 2 arterial corridor, the 12-storey office building features typical floor plates of 200 sqm with standard 2.70 m clear ceiling heights. Offering versatile unit layout subdivisions (from 63 sqm up to 198 sqm), service-charge-inclusive rental packages, professional building operations, and a BIDV transaction counter on the ground floor, 198 Truong Chinh delivers a practical workspace solution for small and medium-sized enterprises (SMEs), startups, tech firms, corporate branches, and representative offices at competitive rates starting from US$9.00 – $10.00/sqm/month (including service charges, excluding VAT).

198 Truong Chinh – Budget-friendly Grade C commercial office building located on Truong Chinh Street, Dong Da District
1. Executive Summary & Building Overview
198 Truong Chinh Building combines direct arterial road frontage, all-inclusive service charges, flexible unit sizing, and strong financial branch convenience:
- Building Name: 198 Truong Chinh Building.
- Developer / Management: Private Investor (Chủ đầu tư).
- Location & Address: 198 Truong Chinh Street, Dong Da District, Hanoi.
- Building Grade: Grade C Budget Commercial Office Building.
- Building Scale: 12 upper office storeys + 01 subterranean basement parking level.
- 01 Subterranean Basement: Secure parking garage accommodating employee motorbikes and tenant vehicles.
- Ground Level: Professional reception lobby, elevator entrance, and a BIDV Bank representative office/transaction counter.
- Upper Storeys (Levels 1–12): 12 storeys dedicated to flexible commercial office space for lease.
- Typical Floor Plate: Approximately 200 sqm per floor.
- Clear Ceiling Height: Standard finished clear height of 2.70 m.
- Primary Leasing Options: Highly flexible unit subdivisions including 63 sqm, 70 sqm, 90 sqm, 102 sqm, 128 sqm, 133 sqm, up to full 198 sqm floor plates.
- Key Cost Benefit: Base rental rates include building service charges, providing high cost predictability and minimizing financial overhead for growing companies.

Exterior facade surrounded by greenery at 198 Truong Chinh Building
=> See more:Office for lease in Dong Da District – Explore Grade A, B, and C commercial office listings in Dong Da District
2. Strategic Location Advantages in Dong Da District
Situated at 198 Truong Chinh Street, the property benefits directly from Hanoi's recent infrastructure expansions along Ring Road 2:
- Arterial Transport Access: Direct frontage on Truong Chinh Street, linking central Hanoi to West Hanoi via major thoroughfares including Giai Phong, Tay Son, Nguyen Trai, Lang Ha, Duong Lang, Ring Road 2 (elevated highway), and Khuat Duy Tien.
- Airport Connectivity: Approximately 50 minutes to Noi Bai International Airport via the Vo Chi Cong and Vo Nguyen Giap express corridors.
- Premier University Cluster: Proximity to Hanoi’s leading academic centers ensures access to a high-quality talent pool:
- National Economics University (NEU)
- Hanoi University of Science and Technology (HUST)
- University of Civil Engineering (HUCE)
- Banking Academy of Vietnam
- Thuy Loi University
- High Occupancy & Brand Exposure: Maintains a consistent occupancy rate above 80%, offering external company signage positions for enhanced brand visibility along Truong Chinh Street.
3. Floor Plate Layout, Architectural Style, and Handover Specifications
198 Truong Chinh Building is designed to deliver a modern, professional, and comfortable working environment:
- Modern Green Glass Facade: Installed with heat-reducing and sound-insulated safety green-tinted glazing, blocking direct solar heat and reducing urban street noise.
- Flexible 200 sqm Floor Plates: Efficient spatial layout allows modular splitting from 63 sqm for small teams up to 198 sqm for larger operations.
- Standard Handover Specifications:
- Finished acoustic drop ceiling grid with integrated panel lighting (2.70 m clear height).
- Smooth painted walls and levelled sub-flooring ready for tenant floor finishes.
- Individual floor-controlled air-conditioning systems pre-installed.
- Pre-routed telecom risers, high-speed fiber-optic connectivity, and localized electrical distribution points.

Main entrance and access corridor to offices at 198 Truong Chinh Building

Green-tinted safety glass facade helping control heat gain and urban noise
=> See also:Office For Lease In Hanoi – Discover Grade A, B, and C commercial office options in Hanoi
4. Building Technical Infrastructure & Surrounding Amenities
198 Truong Chinh provides full operational infrastructure backed by strong on-site and neighborhood services:
- Vertical Transportation: High-speed Thyssenkrupp passenger elevators providing efficient travel between floors.
- Climate Control & HVAC: Individual, tenant-controlled air-conditioning systems installed per floor for customized temperature regulation.
- Emergency Power Security: High-capacity backup generator capable of supplying 100% full electrical backup power during grid failures.
- Fire Protection & Security: Fully inspected and code-compliant fire detection and suppression systems; 24/7 CCTV surveillance monitoring and on-site security staff.
- Banking Convenience: BIDV transaction branch on the ground floor, with nearby access to Techcombank, Vietcombank ATMs, and BIDV Le Trong Tan.
- Surrounding Neighborhood Amenities:
- Dining & Cafes: Surrounded by popular F&B options including Canh Ho Restaurant, Gemini Coffee, Trung Nguyen Coffee, and Tiny Post Cafe Truong Chinh.
- Retail & Convenience: Close to local markets, supermarkets, and commercial centers for daily purchases.
5. Rental Rates, Service Charges, and Leasing Cost Structure
198 Truong Chinh offers a competitive, cost-inclusive pricing structure for office space in Dong Da District:
No. | Cost Component | Amount |
1 | Base Rent (includes service charge, excludes VAT) | US$9.00 – $10.00/sqm/month |
2 | Building Service Charge | US$0.00/sqm/month (Included in base rent) |
3 | Motorcycle Parking Fee | Updating |
4 | Car Parking Fee | Updating |
Note: Quoted rental rates, fit-out rent-free construction periods, and lease contract terms are subject to final negotiation depending on unit size, floor level, and lease duration.
Dai Loi Commercial and Real Estate Consulting JSC (Property Plus) is a premier commercial real estate advisory firm in Hanoi with over 10 years of specialized office leasing expertise.Propertyplus.vn provides corporate tenants with authoritative market insights, space verification, site visits, option comparisons, shortlist selections, and end-to-end lease negotiation support completely free of charge.
For updated space availability, floor plans, and customized leasing proposals at 198 Truong Chinh Building, contact Property Plus today:
Contact Information:
PROPERTYPLUS.VN
Address: 4th Floor, Kinh Do Building, 292 Tay Son, Dong Da, Hanoi
Hotline:0865.364.866
Email:office@propertyplus.com.vn