Mr. Le Trong Hieu, Director of Office Leasing Department of CBRE Vietnam, gave a presentation on the overview of the office market in Ho Chi Minh City, the total existing supply and new supply in the first quarter of 2018, the office market outlook in 2018 as well as development trends. In addition, Mr. Hieu also gave comments on the needs of office tenants in the near future.
Also at the event, Mr. Aylwin Tan, Director of Corporate Clients of Ascendas-Singbridge Pte Ltd., a shareholder of Ascendas Saigon Bund, shared the reasons why the group built the OneHub Saigon project. “Ascendas-Singbridge is not just an investor or a lessor, but rather, it is a value-adding entity for our clients. Real estate is not just a physical product, but also a catalyst for business and economic development in cities,” Aylwin said. “So we started by focusing on solving real estate problems so our clients could focus on their businesses, and then moved on to inspiring real estate solutions that help clients attract and retain talent. Now, we focus on “creating communities” because in today’s sharing economy, people, large and small, work and innovate together.OneHub Saigon has incorporated all of our lessons learned and we hope to together create the new future of real estate in Ho Chi Minh City.”
Mr. Le Trong Hieu shared, “The first quarter of 2018 recorded many office leasing transactions with large areas in the central area and non-central districts, focusing on manufacturing, distribution, co-working, information technology, banking and insurance industries. Although there was no new supply entering the market in the first quarter of 2018, a number of investors have been actively implementing the construction of class A and B office building projects to supplement the supply for the period 2019 - 2020, including the Office Tower 1 project of the OneHub Saigon project of Ascendas - Singbridge Group in the Ho Chi Minh City High-Tech Park, District 9, which will be put into operation from the first quarter of 2019. This is an area in the priority development planning of Ho Chi Minh City with a series of infrastructure development projects and new urban areas being implemented such as urban railway line No. 1, innovative urban area with the foundation of the national university. Ho Chi Minh City in Thu Duc and Thu Thiem new urban area in District 2.”
OneHub Saigon is a new generation complex consisting of 7 office towers, office combined with accommodation, entertainment and retail facilities according to international standards. The project has a total floor area of up to 360,000 square meters. With a campus of 12 hectares, OneHub Saigon owns a green, user-friendly landscape designed by a famous architect. All of this brings a dynamic, vibrant space for companies as well as their employees, to inspire and promote cooperation through outdoor sports activities right at the workplace.
Bao Khuyen - Ha Uyen
