Retail space in apartment podiums may suit businesses that need easily accessible premises in densely populated residential areas, with multiple amenities available within the building. However, each location differs in layout, customer traffic, operating regulations, and costs. Businesses should clearly define whether the lease is for retail, services, office use, or transactions, then inspect the premises before making a decision.
Based on listings currently featured on TektraHomes, this article summarizes the characteristics of retail space, the supply landscape in Hanoi, advantages, and key points to check before leasing.
What Is Retail Space?
Retail space is an area planned or operated for business, services, and transactional activities. In mixed-use apartment developments, this space is usually located on the ground floor or lower floors of the podium, partly separated from the residential apartments above. Depending on the project, commercial areas may include shops, offices, service outlets, showrooms, transaction offices, or other business formats.
The terms “retail space” and “apartment podium” are often used together, but specific premises can differ significantly in design and usage rights. Some locations have direct access from the street, while others are located within the development and depend on shared entrances or internal footfall. Some projects provide a separate office block adjacent to the commercial area, while others share corridors and lobbies.
Before leasing, businesses should confirm at least three matters: the permitted use of the premises; access and brand visibility; and the cost components included in operating expenses. Reviewing different property types on the list of offices and spaces for lease in Hanoi helps businesses compare retail space with traditional offices or other options using the same criteria.
Hanoi Retail Space Market
Retail and apartment podium listings in Hanoi are available across many areas, including Thanh Xuan, Yen Hoa, Cau Giay, Tu Liem, Ha Dong, and Dong Da. Supply includes smaller units for shops, service offices, or transaction points, as well as larger floors that may be subdivided or leased on a larger scale.
The Thanh Xuan area includes projects along major routes such as Le Van Luong, Nguyen Huy Tuong, and To Huu. Businesses seeking premises here can explore the office and retail space listings in Thanh Xuan Ward. Meanwhile, locations in Cau Giay Ward connect with clusters of businesses, schools, and service areas in the western part of the city.
Rental rates are listed in different ways: as a rate per square metre or as a total monthly amount. On TektraHomes listings, examples indicate asking rents may range from several hundred thousand VND/m²/month to more than USD 10/m²/month, depending on location, area, floor, condition, and pricing method. These figures should only be used for initial screening: rental rates, available area, and lease terms need to be verified at the time of inspection.
Market characteristic | What it means for businesses |
|---|---|
Supply is distributed across multiple areas | Businesses can choose a location close to customers, employees, or suitable transport routes |
Varied unit sizes | From small premises to large areas, with subdivision available at some locations |
Prices are quoted on different bases | Figures should be converted and compared using the same basis before deciding |
Mixed-use developments | Footfall, operating arrangements, and access vary by building |
Customers may include residents and outside visitors | Potential reach depends on the business type, floor location, and visibility |
Non-rent costs vary | Service charges, air-conditioning electricity, parking, VAT, and after-hours fees should be clarified |
Not every podium unit has high walk-in traffic. Actual footfall depends on residential density, apartment occupancy, shop location, entrance layout, and the activities of nearby tenants. Retail and service businesses should therefore observe the premises at different times of day rather than relying solely on the project’s general description.
Advantages of Retail Space in Hanoi
Access to the resident community and on-site customers
A podium unit may help a business reach residents, office tenants, and visitors conducting transactions in the building. This advantage can be particularly useful for essential services, convenience stores, clinics, training centres, banks, or food and beverage services. Business performance will still depend on the suitability of the customer group, the unit location, and the project’s operating regulations.
Use of complex amenities
Retail space may be located near basement parking, elevators, supermarkets, restaurants, cafés, or other services within the development. This can make visits more convenient for employees and customers. During an inspection, determine which amenities are in the same building, which are only nearby, and whether tenants are entitled to use them.
Flexibility in size and layout
The listings include both small premises and large areas, with some locations noting the possibility of subdividing space to suit requirements. Businesses may consider a small unit to test a sales point or lease a larger area for a showroom, service area, or transaction office. Actual subdivision options should be confirmed with the landlord and building management, including entrance arrangements, technical systems, and construction timelines.
Creating an easy-to-recognize transaction point
A lower-floor or street-front location can make a business easier for customers to find than an office on a high floor. However, visibility depends on signage rules, visibility from the street, pedestrian flow, and the distance from the entrance. Businesses should take photos of the current condition, check permitted sign dimensions, and include this requirement in the lease documentation if it is important to operations.
Combining business operations and office use
Some units may be used as a workplace combined with client reception, display, or service provision. For this model, businesses need to carefully check permitted uses, electrical capacity, operating hours, noise restrictions, goods deliveries, and rules for shared spaces. If image and premium amenities are priorities, businesses can also compare options in the Grade B office listings to select a model suited to their budget and intended use.
Featured Retail Space Listings
The locations below are featured in the TektraHomes listings. Pricing, area, and vacancy status may change; please contact us for verification before planning a lease. Displayed prices may exclude service charges and VAT.
Location | Area | Reference area | Reference listing price | Key points to consider |
|---|---|---|---|---|
282 Nguyen Huy Tuong, Thanh Xuan | 70–274 m² among the options being tracked | From approximately VND 250,000/m²/month | Commercial and office podium; confirm location, service charges, and VAT | |
No. 3 Vu Pham Ham, Yen Hoa | The listing records 128.8 m² | From approximately USD 13.6/m²/month | Check the floor, access, actual area, and operating costs | |
39 Le Van Luong, Thanh Xuan | Approximately 40–900 m² | Some options from VND 12 million/month | Multiple sizes; price excludes service charges and VAT | |
15 To Huu, Thanh Xuan | Approximately 44–105.4 m² being tracked | From approximately USD 10/m²/month | Confirm the lease floor, pricing for each option, and additional costs | |
2 Pham Ngoc Thach, Kim Lien | Retail and office premises in different sizes | Price depends on floor, location, and area | Check permitted use, Shop Office terms, and service charges | |
136 Ho Tung Mau, Phu Dien | Multiple sizes, commonly around 50–300 m² | Reference range of approximately VND 150,000–250,000/m²/month | Inspect resident flow, unit location, and the calculation of all charges |
Comparison note: Total monthly prices and per-square-metre rates cannot be compared directly until the chargeable area is aligned. Request a quotation that separates rent, service charges, VAT, air-conditioning electricity, parking, after-hours fees, and the security deposit. For premises described as divisible, review the floor plan and confirm the area that will actually be handed over.
TektraHomes Working Process and Contact Information
To help businesses save time and optimize costs, TektraHomes provides a standardized five-step office leasing consultation and support process:
Step 1: Requirement intake: Gather information on workforce size, expected budget, preferred area, and office move-in timing.
Step 2: Prepare a premises comparison sheet: Provide a list of the 5–7 most suitable buildings, including area, rent, service charges, and parking capacity.
Step 3: Site inspection: Accompany businesses to inspect office floors in person, check technical infrastructure, and measure the actual area.
Step 4: Negotiate contract terms: Support negotiations on rental rates, fit-out rent-free periods, parking allocations, and escalation clauses.
Step 5: Handover & post-lease support: Sign the premises handover record and support business registration, tax registration, and fit-out procedures with building management.
CONTACT INFORMATION AND OFFICE QUOTATIONS
Hotline and Zalo: 0879 83 3879
Quotation email: cskh@tektra.vn