21:01 (GMT +7) - Thursday 17/08/2017

Property

Vietnam's first integrated business park under construction

Released at: 10:50, 09/08/2017

Vietnam's first integrated business park under construction

Photo: JLL

OneHub Saigon to open at entrance to Saigon High-Tech Park by 2020.

by Doanh Doanh

The Ascendas Saigon Bund Company will open OneHub Saigon, the first integrated business park in Vietnam, in Ho Chi Minh City by 2020.

OneHub Saigon has a total area of 12 ha with a variety of amenities, including a mixed-use commercial building, seven office towers, two work-office-home-office buildings, and a training center with a total gross floor area of 360,000 sq m.

The business park is the first to be developed with the intention of providing a well-rounded environment for “working, living, entertaining, and learning”. It is also an integrated community development incorporating technologies, talent, and capital that caters to Vietnam’s aspiring advancement in research and development, science, and information technology.

Located at the entrance to Saigon High-Tech Park in Ho Chi Minh City, within the growing economic zone and national construction projects, OneHub Saigon is just 25 minutes from the city center. The park will also be directly connected to Metro Line No.1, specifically Station 12, when open, and will satisfy demand for office, mixed-use commercial, and serviced apartment leasing.

OneHub Saigon is a joint venture between Ascendas-Singbridge and Saigon Bund Capital Partners. The partnership leverages Ascendas-Singbridge’s vast experience and track record in the development of successful business parks in Singapore, China, and India, and Saigon Bund Capital Partners’ investment capabilities and network in Vietnam.

Ascendas-Singbridge, Asia’s leading sustainable urban development and business space solutions provider, has focused on investing in landscaping and developing a sustainable environment for the project.

The Ascendas Saigon Bund Company has officially appointed JLL as the Lead Marketing Agent for OneHub Saigon.

“The decision to partner with JLL at OneHub Saigon was based on their in-depth knowledge and experience in Vietnam’s commercial real estate sector,” said Mr. Koh Mui Kwang, General Director of the Ascendas Saigon Bund Company. “Their commercial leasing team is also well-connected in Ho Chi Minh City. We look forward to working with JLL to attract a strong mix of tenants interested in this premier location in the east of the city.”

“OneHub Saigon offers tenants a high standard of office space within a business park environment that is not found elsewhere in Ho Chi Minh City,” said JLL’s Country Head Mr. Stephen Wyatt. “The thoughtful and intelligent design of OneHub Saigon is sure to provide tenants with an unparalleled office experience. We are excited to partner with the Ascendas Saigon Bund Company to share this exceptional property with the market.”

JLL is a leading professional services firm specializing in real estate and investment management. A Fortune 500 company, it helps real estate owners, occupiers, and investors achieve their business ambitions.

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