Status Under construction Floor count 42 Floors 42 Floor area 6,800 m² | Top floor 195.3 m (641 ft) Height 195 m Opened 2013 Construction started 2007 | |
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Type Shopping Mall & Office & Apartment Location Ho Chi Minh City, Vietnam Similar Times Square, Bitexco Financial Tower, Vietcombank Tower, Saigon Centre, Saigon Trade Center | ||
Saigon One Tower, is a high-rise building under construction located at 34A Ton Duc Thang Street, Ho Chi Minh City, Vietnam. This tower is invested by Saigon M&C and Dong A bank, totals approximately $228 million USD. The building will be a 41-storey tower with three functions.
Contents
- Map of Saigon One Tower BE1BABFn NghC3A9 QuE1BAADn 1 HE1BB93 ChC3AD Minh Vietnam
- Office and retail supermarket in Vietnam
- See more
- References
Map of Saigon One Tower, B%E1%BA%BFn Ngh%C3%A9, Qu%E1%BA%ADn 1, H%E1%BB%93 Ch%C3%AD Minh, Vietnam
The tower covers 6,800 square metres (1.7 acres; 0.68 ha) of land, right on the bank of Saigon River. The tower's construction started in 2007 and was expected to be completed in 2012. When completed, Saigon M&C will become one of the highest priced real estate developments in Vietnam and the second tallest building in Ho Chi Minh City after Bitexco Financial Tower.
As of November 2012, construction on Saigon One Tower has halted.
Office and retail supermarket in Vietnam
During 2000-2007, Vietnam achieved an economic growth of 8-8.5%, leading to the increasing demand of office and shopping spaces in big cities like Ho Chi Minh City, Hanoi, Danang, Haiphong. Land and housing prices in these cities are disproportionate to the GDP per capita in the country.