Phuong Liet Ward is a worthwhile option for businesses seeking a workplace near central Hanoi while retaining a range of size and budget options. The area benefits from connections between Dong Da, Thanh Xuan, Hai Ba Trung and Hoang Mai, while also having a high concentration of residents, universities, hospitals, shopping centres and business support services.
Demand for office space for rent in Phuong Liet Ward is diverse, ranging from small businesses requiring floors of 80–150 m² to companies needing several hundred square metres or an entire floor. With supply including Grade B buildings, traditional offices, commercial podium spaces and whole buildings, TektraHomes can help businesses shortlist suitable options based on their budget and operating model.
Overview of the ward’s office market
The Phuong Liet Ward office market benefits from its location near key transport corridors such as Truong Chinh, Le Trong Tan and Nguyen Ngoc Nai. This area has a high density of commercial and service activity, making it convenient for businesses that need access to customers, partners and a young talent pool.
Key segments include Grade B offices in large complexes, offering flexible areas for medium-sized and large businesses; traditional offices suitable for teams of 10–50 people; and whole buildings or commercial floors suited to showrooms, training centres, clinics and service businesses. Phuong Liet’s advantage lies in its ability to provide quick access to multiple inner-city districts, rather than serving only one local customer area.
However, because it is near busy junctions and major routes, businesses should carefully review peak-hour traffic, building access, the number of basement parking spaces, after-hours charges and arrangements for receiving partners before making a selection.
History of the ward’s development
The Phuong Liet area originated as a long-established residential area and later developed strongly alongside urbanisation in the southern and southwestern parts of inner Hanoi. The development of major roads, universities, hospitals and commercial areas has driven demand for services, housing and office space over many years.
Phuong Liet Ward is currently an administrative unit under the 2025 reorganisation. Businesses should ensure the ward name is correctly updated on transaction documents, contracts and business registration information; Resolution No. 1656/NQ-UBTVQH15 of the National Assembly Standing Committee is the official source for checking Hanoi’s commune-level administrative unit reorganisation.
Office rental rates in Phuong Liet Ward
Rates for office space for rent in Phuong Liet Ward, Hanoi depend on location, building grade, area, handover condition, lease term and included amenities. The figures below are reference rates from the TektraHomes listings; vacancy, actual pricing, VAT and service charges should be verified before signing a lease.
Segment | Reference area | Reference rent | Suitable for |
|---|---|---|---|
Traditional office | Approximately 100–180 m² | From VND 60 million/month | Service companies, representative offices, teams of 20–40 staff |
Office on Truong Chinh Street | 300–486 m² | From VND 100 million/month | Showrooms, training providers, businesses requiring visibility |
Grade B building | From 50–1,000 m² | Approximately USD 14–18/m²/month | Medium-sized and large companies needing integrated infrastructure |
Office–commercial complex | From 100 m² to an entire floor | Approximately USD 11–15/m²/month | Companies needing on-site amenities and flexible areas |
For example, 252 Le Trong Tan Building has a reference area of 180 m², with rents from VND 60 million/month. 270 Truong Chinh Building offers options of 300–486 m², with rents from VND 100 million/month. Businesses requiring a higher office standard may consider Grade B buildings along Truong Chinh.
Suggested office rental areas in Phuong Liet Ward
Truong Chinh area
Truong Chinh is suitable for businesses requiring an easy-to-recognise location and strong connectivity to Nga Tu So, Dong Da, Thanh Xuan and the southern part of the city. It is an appropriate option for technology, finance, trading, training and retail companies, or organisations that frequently receive visitors.
Le Trong Tan area
Le Trong Tan is suitable for businesses that prioritise complexes with a range of on-site amenities, including dining, shopping, banking and services. Businesses with large teams, requirements for a professional working environment, or a desire to enhance the employee experience should consider this area.
Nguyen Ngoc Nai area
Nguyen Ngoc Nai is suggested for businesses seeking mid-sized office space, prioritising reasonable costs and quick connections to Truong Chinh, Nga Tu So and Ton That Tung. The area is suitable for specialised service firms, agencies, education providers and representative offices.
Top office buildings for rent in the ward and comparison
Building | Location | Reference area | Reference rent | Key features |
|---|---|---|---|---|
201 Truong Chinh | 50–1,000 m² | USD 14–18/m²/month | Grade B, large floor plates, accessible location | |
3 Le Trong Tan | From 100 m² to an entire floor | USD 11–15/m²/month | Office–commercial complex with diverse amenities | |
252 Le Trong Tan | 180 m² | From VND 60 million/month | Traditional office, suitable for medium-sized operations | |
270 Truong Chinh | 300–486 m² | From VND 100 million/month | Large area, suitable for combined office and commercial use |
Gems Empire Tower is suitable for businesses requiring a Grade B office, flexible floor space and well-organised operational infrastructure. The Artemis stands out for businesses that value on-site amenities and require a choice of areas. Meanwhile, 252 Le Trong Tan Building is more suitable for streamlined operations, while 270 Truong Chinh Building is an option worth considering for businesses requiring large space, highly visible signage or an office-showroom model.
Comparing Phuong Liet Ward offices with other nearby wards
Area | Main advantage | Suitable for |
|---|---|---|
Inter-district connectivity, near Truong Chinh and Le Trong Tan, with many amenities | Businesses requiring an inner-city location that supports recruitment and business dealings | |
Abundant supply of mini offices and whole buildings | SMEs and companies seeking to optimise costs | |
Near residential and commercial clusters in southern inner Hanoi | Service businesses, retailers and medium-sized offices | |
High concentration of offices, universities and amenities | Companies needing access to the traditional central area |
Compared with Khuong Dinh and Tuong Mai, Phuong Liet Ward offices generally have a clearer advantage in connectivity via major corridors and access to multiple districts. Compared with Dong Da, rates in Phuong Liet may be more competitive in some segments while still maintaining convenient travel to central areas. Each option should be assessed based on employee locations, target customer groups, total occupancy costs and parking requirements.
TektraHomes contact information and office quotations
TektraHomes helps businesses search for, compare and lease office space in Phuong Liet Ward based on area, budget, location, headcount and operational needs. The advisory team assists with updating available space, arranging viewings, checking costs and negotiating lease terms.
Hotline and Zalo: 0879 83 3879
Quotation email: cskh@tektra.vn




