Dong Da District is currently an area that office tenants pay much attention to because it is one of the four inner-city districts of Hanoi, with high population density and developed economy, advantageous location. With the variety of office types and rents, office for rent in Dong Da district promises to attract many different types of businesses.
Overview of office for lease in Dong Da district
Market of office for lease in Dong Da district witnessed an increase in supply but the occupancy rate remained at a relatively high level. Supply will continue to increase in the future in all 3 types of Grade A, Grade B and C office. With policies to promote the economy to attract foreign investment, the need to seek and expand Offices for lease help not to have high vacancy rates.
Dong Da District is the area with the largest number of office for lease in Hanoi with diverse areas for lease, office types, so it attracts many businesses of different sizes.
With the advantage of being the most populated district in Hanoi, fast economic development and concentration of many large domestic and foreign corporations, Dong Da district is recognized as the economic focus of the capital, so choosing choose to locate the head office, office here to create conditions for long-term business development.
Traffic location of office for lease in Dong Da district
Office for lease in Dong Da district can take advantage of the most central area of Hanoi capital, the North borders Ba Dinh district, the South borders Thanh Xuan district, the Northeast borders the Hoan Kiem, the East borders Hai Ba Trung district and the West borders Cau Giay district. With a convenient location, adjacent to most of the key areas of Hanoi, moving between areas is quite easy. In addition, the area also has a flexible transportation network due to many main roads running through such as Lang str., Tay Son str., Truong Chinh str., Lang Ha str.,….
Especially according to the plan, Dong Da district will have 18 key traffic systems that create an important traffic system for Hanoi such as 1 & 2 ring roads, Ton Duc Thang, …; these roads ongoing expansion to reduce traffic congestion. There are also many bus routes running continuously during the day, the overhead railway works will be put into operation in the future, making the travel even more convenient.
Besides, office for lease here can take advantage of many useful parties for the office world such as restaurants, supermarkets, banks, …
Types of offices for lease in Dong Da district
In general, Dong Da district has the largest number of office for rent in the capital with a variety of sizes, construction area and quality, all types of office for lease from Grade A, Grade B to Grade C, but mainly Grade B and C office buildings. The price of office for lease in Dong Da district is relatively affordable and fluctuates depending on the quality and location of the office.
Some high-end office buildings for lease in Dong Da district such as TNR Tower, Vinaconex Building, VCCI Tower, Peakview Tower, VPBank Tower, … with the best quality in Hanoi. In addition, the area also offers more offices with more competitive rental rates, suitable for small and medium-sized businesses with limited budgets.
Office for rent in Dong Da district are more evenly distributed, and scattered on many routes and not too concentrated in one area. However, there are still some streets with more office for rent, such as Lang Ha str., Nguyen Chi Thanh str., Hoang Cau str., and Thai Ha str.,
Potential development for office for lease in Dong Da district
The leaders of Hanoi city also have policies to promote the economic potential of the region to take advantage of all inherent advantages, both to create conditions for businesses to have business establishments. The office here, attracting FDI enterprises, promises to contribute to the increasingly exciting office for lease market.
In addition, the competition in the office for lease market is getting more and more fierce, tenants invest in upgrading the infrastructure, quality and building techniques, offering attractive prices to keep tenants.