Surprised by the rental price at Ham Thang building

KHÁNH AN |

Hanoi - To rent a space at the Shark Ham building near Hoan Kiem Lake, customers may have to pay hundreds of millions of VND per month.

The Office of the Hanoi People's Committee has just issued a document announcing the conclusion of Vice Chairman of the Hanoi People's Committee Duong Duc Tuan at the meeting to consider the design and renovation plan for Dong Kinh - Nghia Thuc Square, Hoan Kiem District.

Regarding the content of the research on ideas and solutions, the Vice Chairman of the City People's Committee approved the proposed plan to demolish the Shark Ham building, propose underground space in the existing square area and expansion space (after demolishing the Shark Ham building).

Regarding underground space, research about 3 basements (cultural and commercial space should be arranged in basement 1, parking area in basements 2, 3). In case there is no parking arrangement, it can be used as a dual-use space. Note the arrangement of the canteen corner (on Dinh Tien Hoang Street and Dong Kinh - Nghia Thuc Square) reasonably, in accordance with standards, design standards...

According to Lao Dong, this 6-storey building is currently being rented to the brands Aldo, HaNoi 1930 Bistro, Highlands Coffee, Vua cha ca, Laika cafe.

With the prime location facing Dong Kinh Nghia Thuc Square, the left facing Hoan Kiem Lake, the rental price of premises at Ham Thang Sharm building is currently among the most expensive in Hoan Kiem District.

According to information on some real estate trading and rental sites, in 2023, the rental price per m2 at Ham Thang Hoa is about 3.1 million VND/m2/month. Thus, if renting a premises with an area of 75m2, customers will have to spend about 230 million VND/month, nearly 2.8 billion VND/year.

At a time more than 10 years ago, the rental price here was about 2.1 million VND/m2/month.

The Sharkoseoseose Marble Building has an area of 310m2 with a floor area of the first floor, and was leased land by the Hanoi People's Committee to Hanoi Transport Corporation (Transerco) for annual payment since October 15, 1993 with the purpose of using the land as a transaction and commercial center.

In August 2007, the Hanoi People's Committee issued a decision to continue leasing 310m2 to Transerco for use together with the construction here and granting Transerco a land use right certificate.

At the end of 2023, the Hanoi People's Committee issued a decision to extend the lease term of land at 1, 3, 5 Dinh Tien Hoang Street to Transerco for continued use as a transaction and commercial center.

The land lease term is from October 15, 2023 to October 15, 2043. Transerco pays annual land rent.

KHÁNH AN
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