Singaporean pioneer builds campus-style integrated business park

16:17 | 21/08/2018
In 2018, the number of newly established enterprises in Vietnam was 1.4 times compared to 2015. This increase has resulted in high demand for office working spaces, which has driven the establishment of high-quality working space developments like OneHub Saigon, a campus-style integrated business park and a joint venture between Ascendas-Singbridge Group and Saigon Bund Capital Partners.

Campus-style integrated business park: a model for the new age

Unlike most traditional office buildings, a “campus-style” integrated business park is one where many office buildings are grouped together and situated on a large plot of land. The master plan of the entire park includes access roads, parking facilities, and landscaped gardens, and is pre-conceived and carefully planned out.

Nestled in a park-like environment with plenty of open spaces and lush greenery, the campus-style integrated business park not only features curated areas to foster collaboration within the business community and boost tenants’ productivity, but also improves the work-life balance due to the availability of various lifestyle amenities, such as event plazas, activity zones, as well as food and beverage and retail outlets, among others.

singaporean pioneer builds campus style integrated business park
Changi Business Park Project in Singapore

Despite its many advantages, this is the first time this model is introduced in Vietnam.

By introducing this model in Vietnam, Ascendas-Singbridge Group is taking the lead in the transformation of the integrated business park in the local market. As Asia’s leading sustainable urban and business space solutions provider with assets under management exceeding S$20 billion ($14.6 billion), Ascendas-Singbridge Group has conceptualised and developed many successful integrated business park projects, like Changi Business Park, The Aries, and Tampines Biz Hub in Singapore.

Besides Singapore, the group has also ventured overseas and constructed large-scale, integrated projects in China, India, and Japan. One of the most well-known projects by Ascendas-Singbridge Group is International Tech Park Bangalore (ITPB), which is often credited for the transformation of Whitefield into a flourishing suburb of Bangalore.

Since its launch, ITPB has become the epicentre of the development of the Whitefield district. In recognition of its contribution to the development of the IT industry and positive impact on the surrounding community, ITPB has attained many prestigious awards, such as the Best Commercial Project, Pune at the CNBC AWAAZ Real Estate Awards 2014 and the IT Park Project of the Year at the NDTV Property Awards 2015.

It also emerged as a runner-up at the Non-Residential Property of the Year category at the Asian Customer Engagement Forum Property Awards.

OneHub Saigon: a pioneer’s masterpiece

With vast experience in integrated projects and business parks, Ascendas-Singbridge Group strives to meet the needs of Vietnamese businesses with OneHub Saigon, its first integrated business park in this market.

OneHub Saigon was designed based on the campus-style integrated business park concept. Strategically located at the entrance of Saigon Hi-Tech Park (SHTP), OneHub Saigon offers excellent connectivity and swift access to both the central business district and the international airport, as it is situated within a 25-minute drive from the two key locations.

It boasts a prime location next to the proposed SHTP metro station and is directly connected via a pedestrian bridge, providing an easy commute for employees working at the park.

OneHub Saigon offers companies opportunities to access advanced technology and capital from many renowned companies and enterprises with billion-dollar investments in Vietnam, such as Intel, Samsung, Schneider, and Coca-Cola.

Additionally, its close proximity to many top-ranked universities in Vietnam, such as the nine major universities in the neighbouring Thu Duc University Village, provides companies in OneHub Saigon with close access to a ready pool of talent and human resources. This allows companies to tap into some of the best and most qualified graduates’ network in the area to support its recruitment needs.

singaporean pioneer builds campus style integrated business park
Full landscape of OneHub Saigon Project

Its strategic location also allows the development to provide a seamless and vibrant work-live-play-learn environment for its tenants and the surrounding community. Sitting on a large plot of land with the total size of approximately 12 hectares, there is sufficient land area for the development of various supporting amenities, as well as to accommodate more social, communal, and people-centric spaces and large open grounds with lush landscaping to stimulate creativity and collaboration.

Given that sustainability has always been a key focus for projects by Ascendas-Singbridge, OneHub Saigon has been designed to incorporate various energy-efficient and environmentally friendly features. As a testament to its strong focus on sustainability, Tower 1 of OneHub Saigon is proud to be the first LEED Silver Certified Office Building in District 9, Ho Chi Minh City.

Not only does OneHub Saigon offer attractive and flexible space solutions to companies seeking expansion, relocation or consolidation, the development also aims to foster a sense of interaction and collaboration—offering millennial entrepreneurs a conducive people-centric environment to network and collaborate with other individuals and businesses.

OneHub Saigon will tap into the expertise and track record of both Ascendas-Singbridge and Saigon Bund Capital Partners to provide tenants with a compelling workspace solution that meets the needs of Vietnamese businesses in the market.

OneHub Saigon is a joint venture between Ascendas-Singbridge and Saigon Bund Capital Partners, and aims to provide a seamless and vibrant work-live-play-learn environment for its tenants and the surrounding community.

With a total leasable area of ​​10,199sq.m, Tower 1 offers attractive space solutions for companies seeking expansion, relocation or consolidation; companies looking for big floor plates to improve productivity and their working environment, as well as companies supporting tenants in Saigon Hi-Tech Park.

The handover of Tower 1 is projected to take place in November 2018, with operations expected to commence in the first quarter of 2019.

By Van Anh

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