- Tags: Office Market News,
- Author: Admin STS,
- Date posted: 13/11/2026
18 New Office Projects in Hanoi: 2026 New Supply
18 new and recently completed office projects in Hanoi: the Tay Ho Tay cluster (IFC Hanoi, ABI Tower, Westlake Square, Parc Hanoi), Lotte Mall West Lake, Gelex 27 Ly Thai To, Techno Park Tower and more, with comparisons and leasing tips.
New Office Projects in Hanoi: Where the New Supply Is (2026)
Hanoi's office market is shifting. New supply is no longer concentrated in Hoan Kiem and Ba Dinh but is spreading to Tay Ho Tay, the north of West Lake, Cau Giay and even Gia Lam. Most new projects target green certification (LEED or EDGE), offer larger and more efficient floors and come with better parking, lifts and amenities than buildings from the 2000s.
For tenants, this means more choice and more room to negotiate, especially in projects that are still leasing up. This article lists 18 new or recently completed office projects in Hanoi in four areas, based on SEE the SPACE data.
Key takeaways
- Tay Ho Tay (Starlake) is the largest cluster of new Grade A supply, with several LEED projects.
- Around West Lake: mixed-use complexes such as Lotte Mall West Lake.
- Centre: small boutique buildings with the highest rents in Hanoi, up to $45 – $50/m².
- West and east: new Grade A buildings from about $15 – $24/m².
1. Tay Ho Tay (Starlake): the largest cluster of new projects
Tay Ho Tay is a new urban area of about 200 ha north-west of West Lake, planned as a new administrative and commercial centre for Hanoi. Many Grade A projects here are designed to green standards, with large floors and integrated infrastructure. Some are still in pre-leasing or have not published rents, so companies that commit early can often negotiate good terms.
| Building | Grade | Floors / basements | Typical floor (m²) | Rent (USD/m²/month) | Green certificate |
|---|---|---|---|---|---|
| Westlake Square Hanoi | A | 10 / 3 B | Updating | Contact | LEED |
| Parc Hanoi | A | 23 | 1.900 | Contact | – |
| ABI Tower | A | 16 / 2 B | 1.600 | Updating | LEED |
| Oriental Square | A | 16 / 3 B | 912-992 | Contact | LEED |
| Landmark 55 | A | 37 | 1,800 | Contact | – |
| IFC Hanoi | A | 35 / 3 B | 1,941 | $22 - $30+ | LEED |
| 6th Element | B | 38 / 4 B | 3,000 | $14-$16+ | – |
- Westlake Square Hanoi: 10 floors and 3 basements, LEED-certified, a boutique-scale building in Starlake; rent on request.
- Parc Hanoi: 23 floors with floors of about 1,900 m²; rent being updated.
- ABI Tower: 16 floors and 2 basements with floors of about 1,600 m², LEED-certified.
- IFC Hanoi: 35 floors with floors of about 1,940 m², LEED-certified, at about $22 – $30/m².
- Landmark 55: 37 floors with floors of about 1,800 m², a new landmark in Tay Ho Tay.
2. Around West Lake: new retail and office complexes
North of West Lake, new complexes combine shopping centres, hotels and offices, suited to companies that want a workplace close to retail, dining and green space.
| Building | Grade | Floors / basements | Typical floor (m²) | Rent (USD/m²/month) | Green certificate |
|---|---|---|---|---|---|
| Lotte Mall West Lake Hanoi | A | 21 / 4 B | 1,384 | $30-$32+ | – |
| HERITAGE WEST LAKE OFFICE | A | 24 / 4 B | 1.091 – 1.132 | $16-$18+ | LOTUS |
- Lotte Mall West Lake Hanoi: 21 floors and 4 basements on Vo Chi Cong in the Lotte Mall West Lake complex, at about $30 – $32/m².
- HERITAGE WEST LAKE OFFICE: 25 floors and 4 basements on Lac Long Quan with floors of about 1,100 m² at about $16 – $18/m².
3. City centre: boutique and redeveloped buildings
In the Hoan Kiem – Ba Dinh core, new land is scarce, so new supply is mostly small boutique or redeveloped buildings with green certification and high rents. They suit companies that need a central address and a premium image.
| Building | Grade | Floors / basements | Typical floor (m²) | Rent (USD/m²/month) | Green certificate |
|---|---|---|---|---|---|
| Gelex 27 Ly Thai To | A | 21 / 4 B | 1,500 | $45 - $50+ | EDGE |
| Leadvisors Place | A | 11 / 3 B | 700 | $34 - $35+ | EDGE |
| Tòa nhà Grand Terra | A | 8 / 5 B | 1,835 | $39+ | LEED |
| LANCASTER LUMINAIRE | A | 16 / 2 B | 900 | $25+ | LEED |
- Gelex 27 Ly Thai To: 8 floors and 4 basements, EDGE-certified, right by Hoan Kiem Lake, at about $45 – $50/m², among the highest in Hanoi.
- Leadvisors Place: 11 floors, EDGE-certified, on Ly Thai To, at about $34 – $35/m².
- LANCASTER LUMINAIRE: 27 floors, LEED-certified, on Lang Road, from about $25/m².
4. West and east: new projects at accessible rents
Outside the centre, new projects in Cau Giay, Gia Lam and the former Bac Tu Liem offer modern floors at noticeably lower rents, suited to growing companies or those relocating to cut costs.
| Building | Grade | Floors / basements | Typical floor (m²) | Rent (USD/m²/month) | Green certificate |
|---|---|---|---|---|---|
| TAISEI SQUARE HANOI | A | 20 / 4 B | 1,300 | $23+ | LEED |
| The Marc 88 | A | 27 / 4 B | 1,023 | $22 - $24 | LEED |
| Techno Park Tower | A | 45 / 3 B | 2,700 | 200,000 đ | LEED |
| Sunshine Empire Building | A | 47 / 3 B | Updating | $15 - $20+ | – |
| Rox Tower Goldmark City | A | 40 / 4 B | 1,900 | $11-$17+ | – |
- TAISEI SQUARE HANOI: 20 floors and 4 basements, LEED-certified, Japanese developer, from about $23/m².
- Techno Park Tower: 45 floors in Vinhomes Ocean Park, LEED-certified, with floors of about 2,700 m².
- Sunshine Empire Building: 47 floors at about $15 – $20/m², near Ciputra and Nhat Tan Bridge.
New building or established building?
| Criteria | New project | Established building |
|---|---|---|
| Rent | Often more negotiable during lease-up, with longer rent-free periods | Stable, less room to negotiate in popular buildings |
| Technical standards | Modern systems, green certificates, efficient floors | Varies; older systems may cost more to run |
| Location | Mostly in new areas (Tay Ho Tay, Gia Lam) | Central, close to existing amenities |
| Risks | Surrounding amenities may still be developing; handover dates can slip | Possible renovation work during the lease |
Tips when leasing in a new project
- Confirm the handover date and the condition of handover (bare shell, raised floor, ceiling, air-conditioning) in the lease.
- Ask about the occupancy rate and the tenant mix; a building with anchor tenants is usually easier to operate.
- Negotiate incentives early: rent-free fit-out time, fit-out contributions or naming rights for large tenants.
- Check the status of the surrounding roads, parking and public transport before committing.
Frequently asked questions
Where is most new office supply in Hanoi?
In the Tay Ho Tay (Starlake) urban area, with projects such as IFC Hanoi, ABI Tower, Westlake Square Hanoi, Parc Hanoi and Landmark 55.
Are new buildings more expensive?
Not necessarily. Projects in the leasing-up phase often offer longer rent-free periods, and new buildings outside the centre rent from about $15 – $24/m².
Which new buildings have green certificates?
Based on SEE the SPACE data: IFC Hanoi, ABI Tower, Westlake Square Hanoi, Oriental Square, Taisei Square Hanoi, The Marc 88, Techno Park Tower and Lancaster Luminaire (LEED), and Gelex 27 Ly Thai To and Leadvisors Place (EDGE).
Is the information up to date?
The list is for reference at the time of publication. Rents for some projects have not been announced; contact SEE the SPACE for current offers.
See also: LEED-certified office buildings in Hanoi and new office projects in HCMC.
Contact SEE the SPACE
Considering a new office project in Hanoi? SEE the SPACE tracks pre-leasing offers, handover schedules and incentives, and supports negotiation free of charge.
SEE the SPACE - Your Space, Expertly Guided
📞 Hotline: 0768 999 647
📧 Email: [email protected]
🌐 Website: seethespace.vn
