Ascendas-Singbridge Group and Saigon Bund Capital Partners celebrate handover of Office Tower 1, OneHub Saigon to first tenants

01 Nov 2018

1 November 2018, Ho Chi Minh City, Vietnam – Ascendas-Singbridge Group, a leading sustainable urban development and business space solutions provider, and its joint venture partner, Saigon Bund Capital Partners, today celebrated the handover of Office Tower 1, OneHub Saigon (“Tower 1”) to its first tenants.

Tower 1 Overview

A handover ceremony was held today to mark the important milestone of the tower’s completion. Representatives from the developer, Ascendas Saigon Bund Company Limited and the first tenants, IKEA Purchasing & Logistics Southeast Asia and AAH Corporation, were present at the event.

Besides pre-committed tenants, Tower 1 has received strong leasing interest from companies in the Information Technology, Business Process Outsourcing, Finance and Back Office Outsourcing sectors. Targeted at companies from these sectors, Tower 1 offers attractive space solutions for companies seeking expansion, relocation or consolidation; companies looking for large floor plates to improve productivity and their working environment; as well as companies supporting tenants in Saigon Hi-Tech Park.

Mr Tan Yew Chin, CEO for Singapore and South East Asia, Ascendas-Singbridge Group said: “We are happy to welcome IKEA Purchasing & Logistics Southeast Asia and AAH Corporation to Tower 1. We would like to thank them for making OneHub Saigon their new home, which is an encouraging endorsement of the quality of our OneHub Saigon product and a testament to our execution capability.”

“IKEA wants to have a positive impact on people and the planet,” said Mr Kim Lindell, Regional Manager, IKEA Purchasing & Logistics Southeast Asia. “Moving our office to a LEED certified building at OneHub Saigon is aligned with this strategy.”

“With the vision to be a leading interior decoration contractor in South East Asia. AAH Corporation‘s CEO decided to move our back office to Tower 1, OneHub Saigon as we would like our colleagues to experience a brand new working environment where the collaboration and creativity are promoted,” shared Mr Nguyen Van Hung, Board Member, AAH Corporation. “The location is also convenient for us to commute to our Representative office in CBD.”

From left to right – Ms. Nguyen Ngoc Nhu Uyen, HR Manager, AAH Corporation;  Mr Koh Mui Kwang, General Director, Ascendas Saigon Bund Co., Ltd.,;  Mr Kim Lindell Regional Manager, IKEA Purchasing & Logistics Southeast Asia; Mr Doan Chanh Trac Tam, Senior Project Director, Ascendas Services Vietnam Co., Ltd.,

Tower 1, which has a total net lettable area of 10,199 sqm, provides its tenants with quality office space that is designed with environmentally friendly features, built in accordance with international standards and industry specifications. The building is developed in consultation with Sydney-based PTW Architects (Architecture), CPG Consultants (Civil, Structural and MEP), Colin K. Okashimo and Associates (Landscaping), G-Energy Global (Sustainable), and constructed by main contractor Coteccons Construction.

Event plaza view from Tower 1

Expected to begin operations in January 2019, Tower 1 is strategically located within OneHub Saigon, a fully integrated business park located in District 9, Ho Chi Minh City, and walking distance to Station 12 of the upcoming Metro Line 1. OneHub Saigon aims to provide a seamless and vibrant work-live-play-learn environment for its tenants and the surrounding community. The 12-hectare development will comprise seven office towers, a mixed-use commercial block, work-office home-offices, an education centre, and recreational amenities built with sustainable features.  Phase 1 will also feature lush and curated spaces for outdoor events and social gatherings. To promote a greener environment and encourage collaboration, the community spaces will be traffic-free and pedestrian-friendly, allowing tenants within the business park and surrounding developments to enjoy the lush greenery that OneHub Saigon has to offer.

Creative Zone

Standard handover condition of the premises