President Place

Overview

Type: 
Office building
Land area: 
1,314 sqm
Unit area: 
0 sqm
GFA: 
11,300 sqm
NLA: 
9,130 sqm
Hits: 
1,364
General Information
· Developer: President Place Saigon LLC
· Developer: Sapphire JSC
· Investor: Refico
· Leasing agent: Savills Vietnam Co., LTD
· Street no: 93 · Street: Nguyen Du · Ward: Ben Nghe · District: 1 · City: Ho Chi Minh City
· Project (GFA): 11,300 sqm

All areas are approximate and as reported.

Property Notes

General description:

President Palace is located In Ho Chi Minh CBD, on the corner of Nguyen Du Street and Nam Ky Khoi Nghia Street. The development mix includes retail and office. This building comprises 12 floors with some ground floor retail and 2 basements The net leasable areas for office and retail are about 9,123 sqm and 800 sqm respectively.

Marketing, leasing or asking price:

Q3 2018, the office areas are reported at this time to be 97% occupied. The advertised average monthly asking rent around US$42 per sqm including US$6 service charges.
The retail podium occupancy is 100% while the average asking rent is about US$39 per sqm per month (this is not a high street location). The preferred lease term is 2 years with the motorbike and car parking fees at US$15 and U$150 per month respectively.

Primary Contact:

Contact name: Mr William Tran, Colliers International Vietnam for leasing inquiries.
Tel: +84 28 3827 5665 Mobile: +84 122 717 2534
Email: [email protected]
Address: Deutsches Haus, 3rd floor, 33 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

General amenities

  • Bus station
  • Entertainment centre
  • Hospital
  • Metro station
  • Modern retail complex
  • Museum
  • School
  • Supermarket/Minimart
  • Traditional market
  • University

Facilities

  • Bar (rooftop)
  • Cafe
  • Concierge
  • Lifts
  • Meeting room

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