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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

Song Chau Group (SCBI) is the company commercial real estate services and invest office building in Vietnam. We serves real estate investors and occupiers, offering a full suite of integrated services. Our key services include:

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

  • Property Management: Real estate projects, office building, apartment and residential management

  • Property Sales: Condominium / apartment, projects land and residence sales

  • Development Servicescommercial real estate services

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News

Vietnam’s economic backdrop | Q2 2019 quarterly report

Vietnam’s economic backdrop | Q2 2019 quarterly report

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 | Q2 2019 Quarterly Report

Hanoi Real Estate Market | Q2 2019 Quarterly Report

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.
Ho Chi Minh City Real Estate Market | Q2 2019 Quarterly Report

Ho Chi Minh City Real Estate Market | Q2 2019 Quarterly Report

Due to limited supply in the 1H 2019, HCMC real estate inventory overall was absorbed. Sales momentum continued to be positive in Q2 2019 with more than 80% of new launch units having been absorbed. Office market performance with vacancy rates of both Grade A and Grade B slight decrease.
Hanoi Real Estate Market | Q1 2019 Quarterly Report

Hanoi Real Estate Market | Q1 2019 Quarterly Report

In line with the geographical diversification real estate supply emerging locations such as Ha Dong, Gia Lam, Hoai Duc and Long Bien were observed. The market has witnessed strong demand from both local and foreign investors for projects at locations close to industrial parks "The East".

Commercial properties