40 Pham Ngoc Thach Street, Ban Co ward, (District 3), Ho Chi Minh
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Bao Nhan Dan Building Overview
Building grade
Grade B
Building structure
14 floors - 2 basements
Year built
2011
Elevators
2 elevators
AC system
Central air conditioning system
Backup power
Meet 100% of the needs of the building
Parking
2 basements
Building direction
Southwest
Typical floor size
420 sqm/floor
Available sizes
52 - 139 - 152 - 170 - 319 sqm
Working hours
Mon - Fri: 8:00am - 6:00pm
Sat: 8:00am - 12:00pm
Fee & Leasing Details
IDE3.170
Rent price22 - 23 usd/sqm/month
Management fee4 usd/sqm/month
VAT Tax10%
Overtime fee1,000 vnd/m2/hour
AC electricity feeActual consumption
Electricity RateGov standard rate
Car parkingOutside parking
Motorbike parking150,000 vnd/unit/month
Lease termFrom 02 years
Deposit03 months
Payment termQuarterly
Bao Nhan Dan Building Introduction
Bao Nhan Dan Building is a Grade B office building located at 40 Pham Ngoc Thach, Ban Co Ward, (District 3), Ho Chi Minh City. Operational since March 2, 2011, the building serves as both the headquarters of the Standing Office of The People’s Newspaper and directly manages all activities taking place within it. With a prime location and professional facilities, The People’s Newspaper Building provides businesses with a stable working space that supports trading activities and encourages long-term commitment in the city center.
Location and Advantages
The building is situated on Pham Ngoc Thach Street, one of the most vibrant central streets in the city, offering a strategic location that facilitates easy access to customers and partners and amenities in the surrounding area.
When setting up an office at the Bao Nhan Dan Building, businesses have some advantages, such as:
1.2 km from The Tax Office 3 (managing Ban Co Ward).
3 minutes to move to the center of District 1 via Nguyen Thi Minh Khai Street.
5 to 10 minutes to reach neighboring districts such as Phu Nhuan, Binh Thanh, District 10, and Tan Binh via Hai Ba Trung street, Nam Ky Khoi Nghia street, Dien Bien Phu street, and Vo Thi Sau street.
Surrounded by many large banks such as Vietcombank, BIDV, Sacombank, and Vietinbank, facilitates convenient financial transactions for businesses.
Located near administrative and commercial centers, as well as numerous domestic and foreign companies, it provides businesses with a dynamic, modern working environment and easy access to cooperation opportunities right in the city center.
Design and Size
About the building’s size:
The building has 14 floors, and 2 basements
The total usable area is approximately 4,000 sqm, with a typical floor area of 420 sqm. It can be flexibly divided for rent (smallest 40 sqm; medium 100 sqm to 319 sqm), meeting the diverse needs and sizes of many businesses.
About the building’s design and technology:
The ceiling is finished with a standard height of 2.6m, creating an airy space for the office, helping employees feel comfortable when working.
The double-bulb lighting system ensures optimal illumination throughout the entire work environment.
High-quality soundproofed walls ensure a quiet and private work environment.
Light-colored tile flooring creates a clean and airy feel and makes the space brighter thanks to its ability to reflect natural light.
Facilities and Services
Bao Nhan Dan Building offers a comprehensive range of modern utilities and services, catering to the business needs of enterprises.
About internal amenities:
2 high-speed passenger elevators
A modern central air conditioning system provides employees with a cool, fresh working space.
A high-speed Internet connection system ensures fast, stable transmission and smooth connection for business activities.
About management and security services:
Security forces and CCTV systems operate 24/7 to ensure the safety of all employees, property, and personal belongings.
A professional management team is ready to support the smooth operation of the business.
About safety and operation:
The fire protection system meets international standards, including regular maintenance and inspections, ensuring optimal safety for all occupants.
The 3-phase 220/380V backup generator has a capacity of 1,000 kW.
Contact Expa Office today to know more about Bao Nhan Dan Building and other offices for lease in District 3, HCMC