
Mapletree unveils SC VivoCity mall in Vietnam
It draws over 700,000 visitors per month.
Ho Chi Minh City has welcomed its very own VivoCity with the launch of SC Vivocity, a joint development between Mapletree Investments and Saigon Co.op Investment Development Joint Stock Company.
The mall began operations on 19 April 2015 but only officially opened on September 20. Mapletree said that the mall sees an average of over 700,000 visitors per month.
Foot traffic is expected to increase further as more retailers, many of which are international brands setting up their first shops in Vietnam, open at the property.
To-date, shops taking up 84% of SC VivoCity’s net lettable area of 41,000 square metres have opened, and close to 90% of NLA has been committed.
The mall has a gross floor area of 62,000 sqm. It is the first phase of Saigon South Place, a 4.4-ha integrated mixed-use development project located in District 7, Tan Phong Ward, along the trendy Nguyen Van Linh Boulevard.