Keppel Land pushes forward with $324m Saigon Centre Phase Two office development

The 42-storey project will be launched early next year.

Keppel Land is progressing into the next phase of developing a 37-storey office tower in Saigon Centre Phase Two, its landmark mixed-use development in Ho Chi Minh City.

The total investment cost for Phase Two will be about $324m (US$255 million). Standing at a total of 42-storeys, Saigon Centre Phase Two will comprise 40,000 sm of premium Grade A office space, five levels of 50,000 sm retail space and about 200 units of luxury serviced apartments.

The project is located at the heart of Ho Chi Minh City’s central business district. Saigon Centre Phase One is currently 95% leased to several diplomatic corps, multinational companies as well as banking and financial institutions including DBS Bank, AIG, Reuters, Mitsubishi Corporation, and IE Singapore.