Photo: OneHub Saigon

Completion of second tower at OneHub Saigon in Saigon Hi-Tech Park expected by Q2 2020.

Asia’s leading sustainable urban development and business space solutions provider, the Ascendas-Singbridge Group, and its joint venture partner, Saigon Bund Capital Partners, commenced construction on December 6 of Office Tower 2 at OneHub Saigon, Ho Chi Minh City’s first fully-integrated business park in Saigon Hi-Tech Park.

Construction demonstrates the partners’ commitment and proactive response to meeting the growing demand for quality office space with large floor plates, following the successful handover of Office Tower 1 last month.

Tower 2 has a gross floor area of approximately 20,333 sq m, spread across ten floors and two basements. Developed in consultation with the Sydney-based PTW Architects (Architecture), CPG Consultants (Civil, Structural and MEP), Colin K. Okashimo and Associates (Landscaping), as well as G-Energy Global (Sustainable), and constructed by Coteccons as the main contractor, Tower 2 is LEED Silver-certified and expected to open in the second quarter of 2020.

Leasing for Tower 2 is now open. Together with Tower 1, Tower 2 targets companies from the Information Technology, Business Process Outsourcing, Finance, and Back Office Outsourcing sectors. Tower 2 also offers attractive space solutions for companies seeking expansion, relocation or consolidation, companies looking for large floor plates to improve productivity and the working environment, as well as companies supporting tenants in Saigon Hi-Tech Park.

“We have seen strong demand in the office market and observed a trend towards decentralization in areas where infrastructure is well developed,” said Mr. Tan Yew Chin, CEO for Singapore and Southeast Asia at the Ascendas-Singbridge Group. “Robust demand is evident from the positive take-up rate at Tower 1. We are confident that Tower 2 will be further testimony to our commitment to providing international-quality business space solutions that are customizable to corporates’ needs.”

“We are honored that the developers have decided to work with us again and for us to be the main contractor for Tower 2 of OneHub Saigon,” said Mr. Tran Quang Quan, Deputy General Director of Coteccons. “Through our work in Tower 1, we have demonstrated our proven track record and capability in terms of safety, high quality, and committed timeline, and we remain focused on continuing our good work for Tower 2.”

OneHub Saigon, a joint venture between the Ascendas-Singbridge Group and Saigon Bund Capital Partners, aims to provide a seamless and vibrant work-live-play-learn environment for its tenants and the surrounding community. The 12-ha development will comprise seven office towers, a mixed-use commercial block, work-office home-offices, an education center, and recreational amenities built with sustainable features. Office Tower 1 and 2 feature lush and curated spaces for outdoor events and social gatherings. To promote a greener environment and encourage collaboration, community spaces will be traffic-free and pedestrian-friendly, allowing tenants within the business park and surrounding developments to enjoy the lush greenery that OneHub Saigon has to offer.

Hong Nhung