Handico Tower: A Modern Grade A Office Tower at the Southwestern Gateway of Hanoi
The Handico Tower office complex is one of the most prominent and modern architectural works in the southwestern area of Hanoi. Located directly on Pham Hung Street, the project not only owns a prime location but also provides a professional, fully equipped working space that meets Grade A office standards.
Overview of Handico Tower Project Information
The Handico Tower project is an office complex invested by Hanoi Housing Development and Investment Corporation (HANDICO), one of the leading enterprises in housing and urban development in Hanoi. The project is built on a planned land area of 5,376m², demonstrating the investor’s commitment to fast, strong, and sustainable development, creating an impressive architectural landmark for the area.
Investor and Capital Scale
The investor of the project is Hanoi Housing Development and Investment Corporation (HANDICO). The total investment capital for Handico Tower is 732 billion VND. Construction began in Q2/2009 and was completed, handed over, and put into operation in 2015, providing a large amount of office space and modern commercial facilities.
Scale and Structure
Handico Tower is a 33-storey building designed in a modern architectural style. The structure includes a 6-storey podium and 2 basement levels. The total above-ground floor area of the building is 35,750m².
Prime Location
Handico Tower office building is located in a strategic position on Pham Hung Street, within Me Tri Ha New Urban Area, Tu Liem, Hanoi (now Nam Tu Liem District). Pham Hung Street is known as one of the most important and beautiful roads in the capital, providing convenient connectivity and trade with other central areas.
Specifically, the project is located opposite Keangnam Landmark 72 and right at the intersection of Me Tri and Pham Hung streets. This location makes Handico Tower a prominent architectural highlight at the southwestern gateway of Hanoi.
Design and Functional Use
Handico Tower is designed with a symmetrical block form and modern architectural style, optimizing usable space and flexible functionality. The project applies advanced construction technology to provide a high-quality working environment that meets Grade A office standards.
Floor Area Distribution
The total above-ground floor area of 35,750m² is allocated for various purposes:
- Office floor area: 17,403m²
- Commercial center area (5 podium floors): 5,988m²
- Service floor area: 1,269m²
- Auditorium floor area: 901m²
- Technical floor area: 10,189m²
In addition, the building has more than 9,000m² of basement space for parking, serving approximately 2,000 employees and visitors.
Pricing and Office Leasing Policy
With its modern Grade A office standards, Handico Tower attracts many large enterprises. Office rental prices are listed at approximately 28 million VND/m² (estimated rental rates may vary depending on time and contract conditions).
Office Leasing Conditions
Handico Tower offers flexible leasing conditions but prioritizes tenants renting large areas:
- Minimum leasable area: 110m².
- Minimum lease term: 2 years.
- Payment terms: Quarterly or flexible depending on leased area.
- Deposit: 3 months’ rent.
- Free interior fit-out period: 15 - 45 days depending on leased area.
Rental Price Structure
Rental prices are applied under a clear structure:
- Rent includes central air-conditioning electricity during working hours.
- Rent excludes service fees and VAT. Prices may vary depending on area, location, and lease duration.
Service Fees and Other Costs
Service fees at Handico Tower include a wide range of building management services to ensure a clean, safe, and convenient working environment:
- Security and maintenance of the entire building.
- Shared use of the ground floor lobby.
- Backup power during working hours.
- Electricity and water for public areas.
- Cleaning of public areas.
- Landscape maintenance.
- Pest control.
- Provision of domestic water, toilet paper, hand wash, etc.
Electricity and water costs (based on actual usage) of tenants are charged separately.
Handico Tower - A Modern Office Landmark in Western Hanoi
With a planned land area of 5,376 m² and a large total investment, Handico Tower is not only a workplace but also a symbol of development in the southwestern area of Hanoi. HANDICO’s goal in developing the project was to create a modern, solid, and synchronized building. The tower has been handed over and put into operation since 2015, affirming its position as one of the leading Grade A office towers in the area.
The success of Handico Tower demonstrates the correct development orientation of Hanoi Housing Development and Investment Corporation, aiming to become a leading corporation in housing and urban development with fast, strong, and sustainable growth.
With modern design, symmetrical block layout, open space optimization, and flexible functionality, Handico Tower provides an ideal working environment for both domestic and international enterprises. The internal utilities are carefully developed, including commercial space in the 5-floor podium, support services, auditorium, and modern technical systems, ensuring smooth and efficient operations.
The location of Handico Tower at the intersection of Me Tri and Pham Hung within Me Tri Ha New Urban Area is a strategic move. This area is developing rapidly, attracting many large real estate projects and forming a vibrant business community.
The initial construction period was planned from Q2/2009 to Q2/2012, however the project was completed and handed over in 2015. The groundbreaking ceremony attracted attention from many city leaders, including Hanoi Party Secretary Pham Quang Nghi, Standing Vice Chairman Phi Thai Binh, and Chairman of the Hanoi Fatherland Front Pham Xuan Hang, demonstrating the importance of the project to the capital’s urban development.
The tower is considered one of the top choices for businesses seeking office space in the southwestern area, providing full essential amenities for a professional working environment. The 17,403m² office floor area significantly contributes to Hanoi’s Grade A office supply.
The “Grade A standard” is not only reflected in architectural design and construction materials but also in management and operation systems. Flexible yet professional leasing conditions, along with detailed service fee structures, ensure maximum benefits and convenience for tenants. As a project of Hanoi Housing Development and Investment Corporation, Handico Tower provides high legal reliability and construction quality.
Prioritizing large-area tenants (minimum 110m²) is also a strategy to maintain its image as a professional office center, gathering large and stable enterprises. The 15–45 days free interior fit-out period is a significant support, helping businesses save costs and time when relocating or setting up new offices.
Handico Tower has truly created a bold, modern architectural landmark, contributing to improving Hanoi’s working environment and affirming HANDICO’s pioneering role in urban development and investment.
