Office space for lease on Pham Hung Street is a strategic choice for businesses requiring fast connections between the central area, My Dinh, Cau Giay, Nam Tu Liem and provinces west of Hanoi. This is a major thoroughfare with many Grade A and Grade B buildings, international hotels, convention centres and modern urban developments.
Having an office on Pham Hung can help businesses strengthen brand visibility, conveniently welcome clients and optimise inter-regional travel. TektraHomes supports businesses in finding suitable premises based on budget, floor area, building standards and practical operational requirements.
Overview of Pham Hung Street
Pham Hung Street is an important part of the Ring Road 3 corridor, running from the Mai Dich area to the Trung Hoa interchange and directly connecting with Pham Van Dong, Ton That Thuyet, Me Tri, Khuat Duy Tien and Thang Long Boulevard. This transport network enables businesses to quickly access My Dinh, the National Convention Center, My Dinh Stadium and routes to the western part of the capital.
The street is suitable for businesses with clients across multiple areas, teams travelling by car, or needs for meetings and events. However, Pham Hung has heavy traffic; tenants should carefully inspect basement access, travel directions, passenger drop-off and pick-up areas, and traffic flow during peak hours.
Explore office space for lease in nearby wards
Development history of Pham Hung Street
The street is named after Pham Hung, a revolutionary leader, Politburo member and Chairman of Vietnam's Council of Ministers from 1987 to 1988. Naming the street after him recognises his contributions to the country's struggle, reunification and development.
The development of Pham Hung is closely linked to Hanoi's westward urban expansion and the completion of Ring Road 3 infrastructure. According to the Government Portal, Ring Road 3, including the Pham Hung section, was developed comprehensively with both elevated and at-grade routes, becoming a major transport corridor in Hanoi. This infrastructure has driven the emergence of large-scale office towers, urban developments and services along the route.
Key features of offices on Pham Hung Street
Strong regional connectivity: Pham Hung provides quick access to Cau Giay, My Dinh, Me Tri, Thanh Xuan, Thang Long Boulevard and routes to Noi Bai Airport.
Diverse building supply: The street offers Grade A, Grade B and Grade C offices for businesses ranging from start-ups to large corporations.
Convenient for events and client meetings: The area is close to the National Convention Center, hotels, restaurants and major commercial complexes.
Suitable for large businesses: Many buildings offer large floor plates, basements, lift systems and technical infrastructure to support professional operations.
Access requires consideration: Given its multiple traffic lanes and high traffic volume, businesses should prioritise buildings with clear access routes, effective signage and convenient parking arrangements.
Summary of notable buildings on Pham Hung Street
Building | Reference address | Grade | Suitable for |
|---|---|---|---|
Cau Giay New Urban Area, Pham Hung | Grade A | Corporations, international companies and businesses seeking a premium image | |
Sunshine Center | 16 Pham Hung | Grade B | Service, consulting and finance companies |
18 Pham Hung | Grade B | Businesses seeking a modern office in a recognisable location | |
Pham Hung | Grade B | Medium-sized and large companies | |
Pham Hung | Grade B | Businesses seeking integrated amenities within an urban development | |
36 Pham Hung | Grade C | Companies seeking to optimise their budget in a convenient location | |
Simco Building | 28 Pham Hung | Grade C | Small businesses, project teams or representative offices |
Available floor areas, rental rates and handover terms should be verified at the time of viewing.
Rental rate analysis and advantages
Office rental rates on Pham Hung Street vary significantly by building standard. Grade C offices generally range from USD 8–13.5/m²/month; Grade B space commonly ranges from USD 14–20/m²/month; while Grade A buildings may range from USD 27–37/m²/month based on indicative gross rates, excluding VAT.
A key advantage of Pham Hung is that businesses can select a building aligned with their stage of development. Growing businesses may choose Grade B space for a balanced overall cost, while businesses requiring large premises, high operating standards or frequent international client meetings may prioritise Grade A offices. When comparing options, tenants should clarify the net rent, service charge, air-conditioning electricity, after-hours charges, parking fees and reinstatement policy.
Recommended areas for office leasing along this route
Mai Dich – Ton That Thuyet area: Suitable for technology, education and digital service businesses, as well as organisations requiring connections with Cau Giay's business community. The area offers convenient access to Pham Van Dong, Xuan Thuy and Duy Tan.
Me Tri – Keangnam – My Dinh area: Suitable for businesses requiring brand presence, international client reception or large office space. It is a strong option for corporations, multinational companies, financial businesses and event organisers.
Area near the Trung Hoa interchange – Thang Long Boulevard: Suitable for companies whose staff commute from Thanh Xuan, Ha Dong or Nam Tu Liem, or frequently travel to western provinces. When choosing this area, prioritise buildings with basement parking and convenient entry and exit routes to reduce the impact of peak-hour traffic.
TektraHomes contact information and office quotations
TektraHomes helps businesses update rental rates, available floor areas and total operating costs, and arranges viewings of suitable buildings on Pham Hung Street.
Hotline and Zalo: 0879 83 3879
Quotation email: cskh@tektra.vn