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THANG LONG TOWER IN TAN BINH DISTRICT | HO CHI MINH CITY

THANG LONG TOWER IN TAN BINH DISTRICT | HO CHI MINH CITY

Thang Long Tower project structure office building - stories - retail and residence hotel located in 6 Thang Long St., Tan Binh Dist., Ho Chi Minh City, Vietnam. Site area: 6,945.90 Sq.m. Grand total: 49,102.07 Sq.m with scale built 01 basement and 12 floors

Current projects

ABOUT SONG CHAU GROUP | SCBI

SCBI commercial real estate and property management in Vietnam. We serves real estate developer and occupiers, offering a full suite of integrated services. Our key services include:

  • Property Leasing: Office space, retail, condominium/ apartment and residence leasing

  • Property Management: Office building, apartment building and residential property management

  • Property Sales: Landed property, land projects, condos/ apartment and residence sales

  • Development Services: Commercial real estate and property management

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News

Ho Chi Minh City Real Estate Market Quarterly Reports | Q4 2020

Ho Chi Minh City Real Estate Market Quarterly Reports | Q4 2020

The positive signal from key infrastructure projects such as the construction of Long Thanh International Airport and the official formation of Thu Duc City will be a key driver of the real estate market to restart. This is good times for retailers to search for quality retail space at a discount.
Ho Chi Minh City Real Estate Market Quarterly Reports | Q2 2020

Ho Chi Minh City Real Estate Market Quarterly Reports | Q2 2020

Vietnam remains one of the fastest-growing SE Asian economies with a bright long-term economic outlook. Positive GDP 2.6% growth in 2020, an average 6.7% pa forecast 2021 with full recovery by 2024, according to FocusEconomics. The prolongation of Coronavirus has challenged the recovery of economies in Vietnam.
Ho Chi Minh City Real Estate Market Quarterly Reports | Q1 2020

Ho Chi Minh City Real Estate Market Quarterly Reports | Q1 2020

Covid-19 outbreak has created many disruptions in Vietnam’s economy and its real estate market. Vietnam’s manufacturing sectors is heavily dependent on raw materials. Disruption to supply has forced many local producers to temporarily cease production since January, leading to a very low growth in exports in Q1 2020.
Ho Chi Minh City Real Estate Market Quarterly Reports | Q4 2019

Ho Chi Minh City Real Estate Market Quarterly Reports | Q4 2019

Vietnam’s economy achieved 7.02%, well exceeding set by the National Congress. High growth was driven by strong export activities 'Total export values was US$263.5 billion' leading to trade surplus US$9.9 billion. New launches in real estate market continued to decrease due to slowdown of licensing process.
Vietnam’s Economic Backdrop Quarterly Reports | Q2 2019

Vietnam’s Economic Backdrop Quarterly Reports | Q2 2019

Amid the prevailing global high uncertainty and growth slowing down, Vietnam’s economy still achieved stable growth with 6.8% in 1H 2019. As of Q2 2019, the GDP growth reached 6.71%, slightly lower than the Q2 2018 rate yet still higher than the growth of the second quarter during the 2011-2017 period.
Hanoi Real Estate Market Quarterly Reports | Q2 2019

Hanoi Real Estate Market Quarterly Reports | Q2 2019

Looking back, there has been a contradictory scene of success and struggle among retail stories in Vietnam during the first half of 2019. Mid-end segment continues to dominate the market with new supply of around 70% - 80%, residential supply will move further away from the 10km radius of the CBD.

Commercial properties