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Keppel Land opens Saigon Centre retail mall in Ho Chi Minh City

Michelle Zhu Published on Mon, Aug 01, 2016 / 8:01 PM GMT+8

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SINGAPORE (Aug 1): Keppel Land, the property arm of Keppel Corp, has opened its retail mall in Saigon Centre in Ho Chi Minh City (HCMC), Vietnam, on Le Loi Boulevard.

In a Monday filing, Keppel Corp adds that the mall, which forms part of Phase Two of Saigon Centre, is 100% committed with Japanese retailer Takashimaya Department Store – leasing about 15,000 sq m of retail space for its flagship store in Vietnam, which also marks Takashimaya’s third department store overseas.

Says Tatsuo Yano, Managing Director of Takashimaya Singapore: “This development has come about through years of cultivated retail experience between Japan and Singapore. We aim to create a store that will become a well sought-after shopping destination for customers in HCMC.”