Photo © Tim Griffith
Saigon South New City Center is exceptional among recent Southeast Asian developments. The 433-hectare New City Center is the core of Saigon South, a redevelopment zone located immediately south of Ho Chi Minh City’s historic center. Saigon South combines comprehensive planning for a sustainable and high quality of life with strategic public-private partnerships that leverage development investment for the greater metropolitan area. The New City Center’s success has validated this strategic approach, with nearly 100 percent of all for-sale residential units sold, more than 90 percent of rental units leased, and major global companies contributing to the district’s low commercial office and retail vacancy rate.