Construction has officially resumed on One Central Saigon, one of the most prominent mixed-use developments in the heart of Ho Chi Minh City, marking the project’s return after more than a year of ownership and development changes.
Located in the city’s central business district near Ben Thanh Market and the Ben Thanh central metro station, the project occupies a rare four-sided site with uninterrupted street frontages. Its direct connections to the metro station are expected to make it a major commercial and transit-oriented destination once the line is fully operational.
The scheme comprises two high-rise set to reach 46 and 57 stories above a 10-story podium, that additionally has six basement levels. The total gross floor area is approximately 195,000 square meters.
Programmatically, the development combines a retail podium, office space, a six-star hotel, and a luxury residential tower containing 214 long-term ownership apartments. Its proximity to the Ho Chi Minh City Museum of Fine Arts and key tourism corridors positions it as a major future destination for hospitality, retail, and lifestyle uses.
Originally estimated at US$500 million, the project’s total investment is now expected to rise significantly following years of delay, with revised figures suggesting costs could approach US$870 million.
With construction now restarted, One Central Saigon is once again poised to become one of the defining vertical mixed-use developments in the city’s rapidly evolving downtown skyline.
Read more at Vietnam Business Insider.