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COMMERCIAL PROPERTY | Staff Reporter, Singapore

Mapletree Investments reveals design for Grade A office twin towers V Plaza in Vietnam

The 27-storey office complex will offer 66,000 sqm in net lettable area.

Mapletree Investments unveiled the design of Grade A office twin towers V Plaza, a joint venture with Saigon Co.op Investment Development JSC (SCID), an announcement revealed. In conjunction, the firm officially opened its first Mapletree-developed serviced apartment in Vietnam Oakwood Residence Saigon in District 7 of Ho Chi Minh City.

When completed in 2023, V Plaza is said to be the largest office complex in District 7, offering 66,000 sqm in net lettable area (NLA) of office space. The twin towers will each have 27-storeys, and will reportedly meet the demands of local and international companies in e-commerce/IT, banking and financial services and manufacturing, the firm said.

Meanwhile, 30-storey development Oakwood Residence Saigon will offer 237 fully furnished serviced apartments ranging from studio to three-bedroom units, and amenities such as multi-function meeting rooms, an on-site restaurant, and fitness centre.

Together with the existing SC VivoCity which was completed in 2015, Mapletree Business Centre that was completed in 2017 and apartments RichLane Residences and Oakwood Residence Saigon, V Plaza is the last phase of Mapletree’s 4.4-hectare integrated development Saigon South Place.

Since entering Vietnam in 2005, Mapletree owns and manages more than $1.47b (US$1.09b) of assets in the country.  

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