Netland Building – A Prime Grade B Office Choice in the Heart of Thanh Xuan, Hanoi
Netland Building, formerly known as Lac Hong Building, is one of the most highly regarded office rental buildings in Thanh Xuan District, Hanoi. Located on the bustling Le Van Luong axis, the building offers a modern design, competitive rental rates, and a strategic location, making it an ideal destination for businesses seeking a professional and efficient working environment.
This article provides an in-depth real estate analysis of Netland Building, covering its location, scale, design, and financial aspects, helping tenants and investors make a well-informed decision.

Prime Location – Seamless Business Connectivity
One of the strongest advantages of Netland Building is its strategic location in Hanoi. Situated at Alley 27 Le Van Luong, Nhan Chinh Ward, Thanh Xuan District, the building lies on a major arterial road, offering excellent connectivity for commuting and business operations.
This location allows businesses to easily access central districts and benefit from the surrounding commercial and service ecosystem in Thanh Xuan.
Detailed Address and Coordinates
The exact address of the building is Alley 27 Le Van Luong, Nhan Chinh Ward, Thanh Xuan District, Hanoi. Its geographical coordinates are:
- Latitude: 21.00403214
- Longitude: 105.8043823

Scale and Modern Design of Netland Building
Netland Building is classified as a Grade B office tower, meeting strict standards for infrastructure quality and operational management. The building is constructed on a total land area of 1,200 m², providing a spacious and efficient workspace environment.
Building Structure and Total Floor Area
The structure includes:
- 10 above-ground floors providing a total of 4,500 m² of leasable office space.
- 1 basement level dedicated to parking facilities.
Each floor offers approximately 450 m² of usable space, allowing flexible office configurations. Available leasing options include 87.5 m², 224.4 m², 438.9 m², and other variations suitable for different business sizes.
Integrated Facility System
Netland Building ensures a high-quality working environment through a complete system of facilities, including:
- Parking system: Basement and surrounding areas provide ample parking space for employees and visitors.
- Elevators: Mitsubishi-branded elevators ensure fast and safe vertical transportation.
- Additional systems: Central air conditioning, standard fire protection system, and backup power supply.

Rental Costs and Related Fees
Rental prices at Netland Building are considered attractive for a Grade B office located on Le Van Luong Street. Transparent cost structure helps tenants easily estimate their total operating expenses.
Base Rental Price
The rental rate ranges from 16 – 17 USD/m²/month (VAT included), offering competitive value for businesses seeking quality office space at reasonable cost.
Service and Management Fee
Tenants are required to pay a management fee of 1.5 USD/m², which includes:
- General building management services.
- Cleaning of common areas.
- 24/7 security services.
- Electricity for common areas such as corridors and restrooms.
Parking Fees
- Motorbike: 150,000 VND/month per vehicle.
- Car: 1,500,000 VND/month per vehicle.
Minimum Lease Term
The minimum lease term is 3 years, ensuring operational stability for both tenants and the building management.
Conclusion
Netland Building (formerly Lac Hong Building) stands out as one of the top Grade B office options in Thanh Xuan District, Hanoi. With a total leasable area of 4,500 m² and flexible unit sizes starting from 87.5 m², it accommodates both large enterprises and small businesses or startups.
Combining a strategic location, modern facilities, and competitive pricing (16–17 USD/m²/month), Netland Building offers an excellent solution for companies seeking a professional workspace that enhances brand image and operational efficiency.