Groundbreaking for HCM City’s tallest building

(SGT-HCMC) Saigon M&C Real Estate Joint-Stock Co. yesterday broke ground for a big-ticket commercial, apartment and office building project at 34A Ton Duc Thang Street in downtown HCMC, which will become the tallest tower in town – three basements and 40 stories of international-standard apartments and offices for lease.

The building, which overlooks the Saigon River and is located on a 6,672-square-meter area surrounded by Ham Nghi, Ton Duc Thang and Ben Chuong Duong streets.

The project at one of the most sought-after locations in HCMC costs some US$200 million sourced from the company whose shareholders are Saigontourist Holding Co., M&C Joint-Stock Co., Eastern Asia Commercial Bank and this bank’s securities arm.

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