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Vietnam Property Listing - rent House Villa - Expat Ho Chi Minh - office for lease
Main > Retail > Times Square
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Times Square Dong Khoi 160206.jpg
Times Square Dong Khoi 160206.jpg 
Our Ref. Numer: 359
Type: Retail
Featured: No

Situated on a prime 4,200 sqm site between Dong Khoi and Nguyen Hue, the property is being developed by Construction & Building Materials Co (BMC). The 42 storey building requires total cost of nearly USD$100m.

This long delayed project was originally licensed in 1995 as a USD$62.5 million joint venture between British Virgin Islands' Larkhall Savico (70% stake) and three local partners (Savico, Pharmaceutical Company No. 2 and Light Industrial Construction Company No. 2). Due to the financial crisis in 1997, the project was halted, and its site was used for temporary commercial operations. The investors will start the project this year and expect to complete it in four or five years. The project will have some changes in comparison with the previously approved plan, including 42 stories instead of 39 stories and two parking basements instead of one.

Hits: 5098

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City/Province: Ho Chi Minh

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The information contained herein is believed to be true but does not form part of any future contract. Although obtained from sources we deem reliabel, we assume no responsibility and no warranties are made or implied regarding any errors, omissions, prior sale or withdrawal from the market without notice and the purchaser will need to make their own enquiries and independent investigations as to the facts and suitability of the property for their intended use or purpose.
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