What factors does the rent of Grade A office depend on?

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Author: | Last update: 08-07-2023 | 44 views

Class A offices with the advantage of being located in downtown buildings, fully equipped with amenities and utilities, are being used by businesses a lot. Level grade A office rental will depend on the following factors. Businesses need to be able to negotiate the best rental rate.

Distribution density

Grade A office buildings are mainly distributed in central districts, near the administrative and business centers. These buildings are usually located on major roads, where there is a high density of traffic and trade, converging many bank offices and a series of regional utilities. Such office buildings usually have a high rent for Grade A office space.

Grade A office buildings are mainly distributed in central and near central districts. administrative and business center

Grade A office buildings are mainly distributed in central and near central districts. administrative and business center

Leased area

The larger the area of the office building, the higher the rent for Grade A office space and vice versa. Grade A buildings often converge on common standards in terms of area, most of which calculate the rental area according to the specific Gross area, the total construction area is from 20,000m2 or more, the ceiling height is from 2 65m2, average area 1000m2/office floor, bearing capacity 500kg/m2.

In fact, in Ho Chi Minh City, there are only a few high-rise buildings that fully satisfy the area in the Grade A office segment.

For more information: BUILDING – SAIGON PEARL

Interior office furniture

Grade A office buildings are often designed and constructed by foreign companies and often have architectural similarities.

Corridors must meet minimum standards such as corridors with a minimum width of 2.2m, lobby and outer rooms with convenient design, uniform in symbols, and a width of nearly 3m.

Office furniture is also installed according to specific regulations, making the most of the area to work, the door when opened is at least 900mm wide, the floor and basement are coated with metal, thick plaster walls.

Facilities

Grade A office rental rates also depend a lot on the standard of facilities. Accordingly, Grade A offices need to fully meet amenities such as:

  • There is a spacious front desk and a waiting area for customers
  • Good lighting system
  • Have a backup generator
  • Central air conditioning system for the whole building
  • Spacious, modern parking basement, more than 3m wide
  • High-speed elevator with a minimum capacity of 16 people
  • WC 5 star standard
  • 24 hours security

Communication

Most of the Grade A office buildings that have been put into use in recent years should be appreciated for their communication systems. These buildings are always pre-installed with IDD phone lines and broadband Internet systems, ensuring the most modern transmission lines and the best speeds.

For more information: Popular types of small offices for rent in Ho Chi Minh City

Grade A office buildings are highly appreciated for their convenience as well as the quality of services they bring. Grade A office rental rates will depend on the above factors. Customers can base on those criteria to negotiate the best rental price. Contact Moc Gia Land for further advice.

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What factors does the rent of Grade A office depend on?

Class A offices with the advantage of being located in downtown buildings, fully equipped with amenities and utilities, are being used by businesses a lot.…