Keppel Land unveils plans for development in Ho Chi Minh City

Keppel Land, one of the largest property developers in Vietnam, has unveiled concept plans for Phase Two of its Saigon Centre in Ho Chi Minh City.

This was presented to President S R Nathan and Vietnam’s Deputy Prime Minister Hoang Trung Hai in Hanoi on Tuesday.

In the new phase, Keppel Land is going for an 88-storey mixed development which will house residential, retail and office space, and will also include an observation deck and a museum.

It is working on this project with Skidmore, Owings and Merrill – one of the world’s largest architectural firms.

Phase One of Saigon Centre, a 25-storey building with office space and serviced apartments, was completed in 1996.

It is a development in the Central Business District of the country’s commercial capital, Ho Chi Minh City.

Keppel Land said more details on the new concept plans for Saigon Centre will be released when finalised, and as soon as approvals from the relevant authorities are obtained.

Keppel Land has invested over US$3 billion in 16 projects in Vietnam, most of them in Ho Chi Minh City.

Source : Channel NewsAsia – 26 Feb 2008

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