Grade A Commercial Building Grand Terra 36 Cat Linh is Ready for Handover & Operations

On the morning of the 11th of April, Grand Terra 36 Cat Linh developed by Thanh Hoa Construction Corporation held a soft-opening event. This Grade A office and retail complex is one of the most hotly anticipated projects in the city. This event signified the commencement of operations at one of the most anticipated commercial projects in Ha Noi in H1/2024.

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Change Drives Office Redefinition

The definition of ‘office work’ is changing, with far more focus on the environment enabling collaboration, connectivity and achieving ESG goals. To reflect the significant changes to Viet Nam’s office market, Savills updated its office grading system in Q1/2023. See how decentralisation, the environment, human experience, and sustainability are changing demand, market composition, and development strategies.

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Ha Noi Office Market Resilient in the Face of Headwinds

Savills Q3/2022 market report highlights the office market in Ha Noi continues to perform well. The entry of Grade A properties has pushed up rent; increasingly, the non-CBD is meeting the demand for high-quality buildings at more affordable prices.

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Grand Terra – 36 Cat Linh, A Notable Addition to Ha Noi’s Office Market in 2023

According to Savills latest market report, by the end of 2023, five new office projects will launch in Ha Noi, most of which will be Grade A. Grand Terra - 36 Cat Linh is one of these Grade A properties, and it is expected to be a notable addition to the office market with high-quality finishes and cutting-edge specifications.

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