Cua Nam Ward is a highly recognisable headquarters location in central Hanoi. The area includes many long-established streets and is close to Hoan Kiem Lake, the Opera House, administrative agencies, hotels, banks, and shopping centres, creating favourable conditions for businesses engaging with both domestic and international clients.
Demand for office space for lease in Cua Nam Ward is particularly suited to companies in finance, law, insurance, international trade, investment consulting, technology, FDI enterprises, and representative offices. In addition to Grade A office buildings, the area offers serviced offices, flexible floor areas, and buildings with architectural characteristics distinctive to the city centre.
Overview of the ward's office market
The Cua Nam Ward office market holds a prominent position in the Capital's commercial core. Businesses here benefit from rapid access to financial, administrative, diplomatic, commercial, and premium service areas. A Cua Nam address also provides strong support for brand building, client reception, and the recruitment of high-quality talent.
Tran Hung Dao, Ngo Quyen, and Pham Ngu Lao are representative locations. Tran Hung Dao suits businesses requiring central premises near numerous agencies and hotels; Ngo Quyen stands out for its Grade A buildings; while Pham Ngu Lao is worth considering for teams seeking serviced offices and quick operational setup.
Rental rates in Cua Nam are generally higher than in areas outside the centre, but this is balanced by advantages in address prestige, client reception, and surrounding amenities. Businesses should assess the total office leasing cost, including rent, service charges, VAT, parking, after-hours charges, fit-out costs, and fit-out completion time.
Development history of the ward
Cua Nam is an area that has held an important position in the formation and development of central Hanoi. It is associated with many historic streets, architectural works, commercial areas, and transport connections between Hoan Kiem, Ba Dinh, Dong Da, and Hai Ba Trung.
Cua Nam Ward currently operates under a new administrative unit arrangement introduced in 2025. Businesses should ensure the ward name is correctly updated on signage, contracts, invoices, and legal documents; Resolution No. 1656/NQ-UBTVQH15, published on the Government Gazette Portal, is the official reference for information on Hanoi's administrative unit reorganisation.
Office rental rates in Cua Nam Ward
Rental rates for office space in Cua Nam Ward, Hanoi depend on street location, building grade, floor area, handover condition, lease term, and available amenities. The following figures are reference rates from TektraHomes; actual pricing, availability, service charges, and VAT should be reconfirmed before signing a lease.
Segment | Reference area | Reference rent | Suitable for |
|---|---|---|---|
Grade A serviced office | 22–30 m² | From VND 42 million/month | Representative offices, FDI companies, premium project teams |
Grade C office | 33–92 m² | From USD 18.182/m²/month | Medium-sized businesses, professional service companies |
Grade A office | 60.2–331 m² | From USD 22.5/m²/month | Finance, law, consulting, international companies |
Central Grade A/B office tower | 70–1,200 m² | Approximately USD 20–38/m²/month | Corporations and companies requiring large floor areas |
Azumi - Vinachimex at 04 Pham Ngu Lao offers options of 22–30 m², from VND 42 million/month. Thong Tan Xa Building at 8 and 11 Tran Hung Dao offers areas of 33–92 m², from USD 18.182/m²/month. International Centre at 17 Ngo Quyen offers areas from 60.2–331 m², with reference rents from USD 22.5/m²/month.
Recommended office leasing areas in Cua Nam Ward
Tran Hung Dao – Phan Boi Chau area
Tran Hung Dao is suitable for businesses requiring a central, easily recognisable location with fast links to Hoan Kiem, Hai Ba Trung, and Ba Dinh. It is a good choice for companies in finance, law, consulting, insurance, trade, and organisations that regularly receive clients.
Ngo Quyen – Ly Thuong Kiet area
Ngo Quyen and the surrounding Ly Thuong Kiet area are suitable for businesses prioritising high office standards, an international business environment, and an address with brand value. The area is well suited to FDI enterprises, investment funds, management consulting firms, technology companies, law firms, and representative offices.
Pham Ngu Lao – Trang Tien area
Pham Ngu Lao is suited to teams requiring a furnished workspace, shorter setup time, and convenient access to the Hoan Kiem Lake area. It is an option worth considering for premium startups, project teams, representative offices, and businesses seeking a serviced-office model.
Top office buildings for lease in the ward and comparison
Building | Address | Reference area | Reference rent | Highlights |
|---|---|---|---|---|
17 Ngo Quyen | 60.2–331 m² | From USD 22.5/m²/month | Grade A office, CBD location, professional standards | |
04 Pham Ngu Lao | 22–30 m² | From VND 42 million/month | Serviced office, suitable for businesses requiring quick operations | |
8 and 11 Tran Hung Dao | 33–92 m² | From USD 18.182/m²/month | Medium-sized floor areas, central location | |
Dang Thai Than | Contact TektraHomes | Contact us for a quotation | Near the Opera House, suitable for businesses requiring a prestigious location |
International Centre is suitable for businesses requiring Grade A standards and a professional workspace in the central area. Azumi - Vinachimex is an appropriate choice for teams requiring furnished private offices and support services. Thong Tan Xa Building meets the needs of tenants seeking medium-sized floor areas, while the Dang Thai Than Building is suited to tenants prioritising an address near the Opera House and Hoan Kiem Lake.
Comparison of Cua Nam Ward offices with nearby wards
Area | Key advantage | Suitable for |
|---|---|---|
Central core, brand-value address, numerous financial streets | FDI, finance, law, consulting, representative offices | |
Near Hoan Kiem Lake, tourism, commerce, and premium services | Businesses receiving international clients, trade, hotels | |
Connections to the southern central area, diverse supply | Service companies, technology companies, medium-sized offices | |
Near Ba Dinh and Dong Da, with a cultural and educational character | Education, consulting, professional service businesses |
Compared with Hoan Kiem, Cua Nam Ward offices retain a central advantage while offering more options suited to professional office models. Compared with Hai Ba Trung, Cua Nam generally has higher rents but stands out for its address and client-reception potential. Van Mieu - Quoc Tu Giam may be better suited to businesses prioritising budget or proximity to the education cluster, while Cua Nam is a stronger choice for brand positioning and international transactions.
TektraHomes office contact and quotation information
TektraHomes supports businesses in finding office space in Cua Nam Ward based on budget, headcount, floor area, building standards, client-reception needs, and expansion plans. The advisory team verifies vacant space, actual quotations, handover conditions, and provides lease negotiation support.
Hotline and Zalo: 0879 83 3879
Quotation email: cskh@tektra.vn




