Under Construction

One Central Saigon

One Central Saigon occupies an 8,537-square-metre site directly opposite Ben Thanh Market in the core of Ho Chi Minh City's District 1, with frontages on four streets.

Official Website
TMW IntelligenceVerified Oct 8, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
04.12
Start
231
Keys
420
Units
55
Floors
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Details

1 Pham Ngu Lao Street, Ho Chi Minh City. 55 floors, 420 residences and 231 hotel keys. Broke ground April 2012.

The story so far
Announced 2012Ben Thanh quadrangle megaproject first assigned to Bitexco in 2013 as Spirit of Saigon; later renamed One Central HCM and, in 2026, One Central Saigon
theinvestor.vn
Broke ground Apr 2012Broke ground: Bitexco officially broke ground on the Ben Thanh quadrangle project (then The ONE Ho Chi Minh City) in April 2012; work halted after the basements, resumed Oct 2019, restarted under Masterise March 2026 (VIR).
vir.com.vn
Construction restarted Mar 2026work resumed on the long-stalled Ben Thanh site under Masterise, with completion put at roughly 30 months out
futuresoutheastasia.com
Sales launched May 13, 2026Masterise Homes launches One Central Saigon, bringing The Ritz-Carlton hotel and branded residences to Vietnam for the first time
hospitalitynet.org
Under construction
Expected opening date TBD
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About the project

One Central Saigon occupies an 8,537-square-metre site directly opposite Ben Thanh Market in the core of Ho Chi Minh City's District 1, with frontages on four streets. Two towers rise from a shared retail and commercial podium, one holding luxury residences and the other The Ritz-Carlton, Saigon, the brand's first hotel in Vietnam, alongside branded residences. Arquitectonica is the design architect, with B+H as executive architect and HBA handling interiors. The podium carries seven above-ground commercial levels over six basement floors, which connect underground directly to Ben Thanh metro station and its subterranean retail concourse. The scheme was previously known as The Spirit of Saigon under its former developer before Masterise took it over and relaunched it.

Developer & design
Common questions

Frequently asked

Where is One Central Saigon located?

One Central Saigon is located in Ho Chi Minh City.

When will One Central Saigon be completed?

One Central Saigon is under construction.

Who is developing One Central Saigon?

Masterise Homes is the developer behind One Central Saigon.

Who designed One Central Saigon?

One Central Saigon was designed by Arquitectonica.

How big is One Central Saigon?

One Central Saigon rises 55 stories with 420 residences and 231 hotel keys.