TAKASHIMAYA TO UNVEIL THE FIRST DEPARTMENT STORE IN VIETNAM – PREMIUM DESTINATION FOR YOUR URBAN LIFESTYLE
Takashimaya Vietnam is excited to announce the opening of its premium 15,000 square metre department store in the third quarter of 2016.
The 5-level department store which strategically located in the heart of Le Loi street, represents a $ 25 million investment and will occupy a portion of Saigon Centre extensive development project. This opening will mark another first-to-market premium department store in Vietnam and will enhance the first-class shopping experience in the south of Vietnam.
ABOUT THE PROJECT:
With Keppel Land, a major Singapore-based developer, as our business partner, we have joined in the project to develop a large-scale multiuse facility in Vietnam’s Ho Chi Minh City that is scheduled for opening in 2016. We will offer a department store that serves as a branch of Takashimaya Singapore and a shopping center operated by Toshin Development.
Site Area: 11.084 m2
Total floor area: approx. 181,000 m2
Retail Area: approx. 55,000 m2 (of which the department store will be approx. 15,000 m2)
Overview of Saigon Centre/ Takashimaya Ho Chi Minh
[Overview of Saigon Centre]
|◆ Name||Saigon Centre|
|◆ Address||65 Le Loi Blvd., Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam|
|◆ Commercial area||55,500 m2 (5 levels, 2 basements)
※ Specialty stores: 40,500 m2 (5 levels, 2 basements)
※ Department Store: 15,000 m2 (5 levels, 2 basements)
|◆ Parking capacity||500 cars, 5,000 motorbikes
(From basement 3 ~ 6 and a part of basement 1 ~ 3)
|◆ Opening date||July 30th 2016|
|◆ Operation hours||All weekdays: 9: 30 ~ 21: 30
※ The restaurants on the side of specialty stores of fifth level: 10: 30 ~ 22: 30 (coffee shops operate different hours).
|◆ Public holidays||Closing for Lunar New Year is estimated 2 days|
|◆ Development, ownership, management, operation||Saigon Centre is owned by Keppel Land Watco Co. Ltd, a joint venture entity between Keppel Land, one of Asia’s premier property companies, Southern Waterborne Transport Corporation (Sowatco) and Real Estate Saigon Corporation (RESCO) from Vietnam..|
|◆ Lessor||Vietnam Shopping Centre Management Limited Liability Company|
[Overview of Takashimaya Ho Chi Minh]
|◆ Name||Ho Chi Minh City Takashimaya Department Store|
|◆ Store area||About 15,000 m2 (3 levels, 2 basements)|
|◆ Operation hours||Weekdays 9:30 ~ 21:30|
|◆ Public holidays||Same schedule as Saigon Centre|
|◆ Operated by||Takashimaya Vietnam Limited|