While there has been a building boom that is transforming Saigon, there is also a large collection of stalled and abandoned construction projects. These projects range from stalling at the starting gate, to being almost finished and then abandoned for various reasons.
This is a look at some of the most prominent unfinished structures in Saigon. I’ll be continually editing this page, so if you find another one let me know, and hopefully I will be able to move some of these projects back into the under construction page.
Spirit Of Saigon
The Spirit Of Saigon (previously known as The One Ho Chi Minh City) will be two towers connected by a podium. The 55 and 48-storey towers will contain a mix of office space, residential apartments, and a hotel. Originally the Ritz Carlton was going to be the hotel, but they have since pulled out. The towers represent two dragons with pearls in the mouths (a nod to Saigon when it was the ‘Pearl of the Orient’).
After years of delays, work actually got started on this. There were three cranes on the site and a hive of activity building the basement levels. Once the ground floor was poured, work stopped and the equipment was removed in mid-2017.
[Abandoned Spirit Of Saigon site.]
The most prime piece of real estate in Saigon is currently laying idle next to the Ben Thanh Central Station construction site.
[Ben Thanh Central Station and Spirit of Saigon construction area.]
Perhaps the most infamous abandoned project is Saigon One; the Ghost Tower of Saigon. Work began on the site in 2007, and by 2012 it had topped out and half of the windows were added. Then the project was abandoned.
Since then rumours have circulated about its fate, and news stories emerge every year announcing that construction will recommence. In 2017 it was reported that the property was seized from the developers and will be auctioned off.
[Saigon One, still blighting the skyline in 2017.]
Satra Tax Plaza
Location: Corner of Le Loi and Nguyen Hue, District 1, HCMC.
The Satra Tax Plaza is on the prominent corner of Le Loi and Nguyen Hue on the site of the former Saigon Tax Trade Centre. It’s not known if the mosaics from the previous building will be included. The new tower will include The Okura Prestige Saigon; a 5-star Japanese hotel. The hotel was scheduled to open in 2020, but work stopped in April, 2018 and the site was cleared of all construction material.
Saigon Jewelry Center (SJC) Tower
[Photo via batdongsanexpress.vn.]
Location: Corner Le Loi and Nam , District 1
Work on the Saigon Jewelry Center (SJC) briefly began in December 2016 only to stop again shortly thereafter. Work recommenced in March, 2018 and was abandoned once again.
[Construction work in April, 2018.]
Here is a concept video of what the completed project may look like.
[Image via reicvn.]
Location: 7 Le Thi Hong Gam, District 1
The Eximbank Tower near Ben Thanh market was announced in 2012. The block of land was cleared, but it has since only served as a parking space.
[Abanded Eximbank Tower lot, next to the Spirit Of Saigon site.]
[Image via batdongsanexpress.vn.]
Lavenue Crown is a proposed mixed use tower featuring a retail space at the podium level, a five-star hotel, and executive residential units.
The land is opposite the French consulate on the former site of the Hotel du Controle financier building. The original heritage building was falsely classified as being faux-colonial, thus it was given the go ahead for demolition in 2010.
Me Linh Tower
[Image via Archetype Group.]
Location: 2-4-6 Hai Ba Trung, District 1, HCMC.
The Me Linh Tower site is on the former property of the Sabeco beverage company. This tower was initially proposed in 2008 as the Sabeco Tower, and it has changed in design since then. The warehouses were demolished and construction briefly began in 2015. Construction was so brief that looking at the site now you wouldn’t suspect that work ever began.
[Photo via Viet Nam Real Estate.]
Location: 117-121 Nguyen Hue, District 1
There is not much information about this one, which is amazing considering it’s on one of the prime streets of the city. The SkyscraperCity forum first mentions the project in August 2007, and after the land was cleared it became a bike park.
Viet Capital Center
[Photo via coteccons.vn.]
This is behind the Nexus project on 3A Ton Duc Thang, where the 3A arts precinct used to be. It is listed as 3A-3B Ton Duc Thang, though the Nexus project is that address. It will most likely be Le Loi Street, which will be extended past the Opera House and will be where the road where the trees are in the render.
In June 2019 the crane was taken down and the site is currently abandoned.
City Planning Exhibition Center – HCMC
[Photo via deso-architecture.com.]
Location: Thu Thiem New Urban Area, District 2.
If there was one building that a city would want to make sure gets finished, it’s a building dedicated to city planning. Alas, the City Planning Exhibition Center in Thu Thiem remains unfinished on the river front. To be fair, even if it was finished it wouldn’t be receiving many visitors yet as there is nothing else there.
[City Planning Exhibition Center – 2017.]
Majestic Hotel Majestic Extension
Location: 4-6 Nguyen Hue, District 1, HCMC
The Hotel Majestic is one of the classic heritage hotels of old Saigon. The extension will be built next to it, sort of emulating its style on the ground level, before towering above it with two modern towers. Work began on this project, but didn’t get beyond the ground level.
[Majestic Hotel extension site.]
The Senla Boutique Hotel
Location: 111 Hai Ba Trung / 64 Le Thanh Ton, District 1, HCMC
The Senla Boutique Hotel began construction in 2011 and it has remained incomplete since topping out. There was a change of ownership in 2017, so maybe 2018 will be the year it starts again.
Phan Dinh Phung Stadium
[Image via vncpe.com.]
Location: Vo Van Tan/Nam Ky Khoi Nghia/Nguyen Dinh Chieu/Pasteur, District 3, HCMC.
The Phan Dinh Phung Stadium will replace the sports centre that occupied this prominent D3 location. The previous facilities were already showing its age, even before part of the roof collapsed in 2014. The land has now been cleared but no work has started yet.
Since the original announcement of the upgrade there was an update to the original design.
[Image via quandatco.com.]
Location: 131 Dien Bien Phu, Binh Thanh, HCMC.
The V Tower (or V-Ikon) got as far as completing the concrete shell, and then there was a shortage of funding which has since halted the construction.
[V Tower on Dien Bien Phu.]
[Image via muacanhosaigon.net.]
Location: 141-143-145 Dien Bien Phu, Binh Thanh, HCMC.
Next to the V Tower is the DB Tower, which also got to within being finished before being abandoned.
[V Tower and DB Tower.]
Nguyen Sieu and Thi Sach, District 1
Location: Nguyen Sieu and Thi Sach, District 1, HCMC
This abandoned lot at the corner of Nguyen Sieu and Thi Sach near the Japantown area got as far as having a basement constructed. It is now a bike park and is slowly being reclaimed by nature. I’ve put this here hoping someone knows more details about it.
Huynh Thuc Khang and Ton That Dam
Address: Corner Huynh Thuc Khang and Ton That Dam, District 1, HCMC.
This prime of prime inner city land is a mystery to me, so I’m leaving it here incase someone knows something about it.
[Image via reic.vn.]
Location: 1Bis Nguyen Dinh Chieu, Da Kao, District 1, HCMC
Springlight City was announced in 2011, and the massive block of prime real estate it will be built on was razed in preparation. There are some cranes and construction material onsite, but it has been dormant for years now.
Location: 3A Ton Duc Thang, District 1, HCMC.
The Nexus will comprise of three towers on the District 1 riverfront. The towers will be a mix of offices and apartments, with food/retail on the lower floors.
The land was previously occupied by 3A Station, which was an arts and market area.
The site was cleared and construction equipment moved in, but it was abandoned shortly thereafter.
Capitaland Office Tower
[Image via m-ply.com.sg.]
This is in the Golden River development and is being developed by Capitaland from Singapore.
This office tower will be 240 metres and includes a distinctive feature of shuffled floor plates near the top of the tower. These cantilevered floors will provide space for outdoor activities and greenery. The podium will include a four storey shopping mall.
Dragon Riverside City
[Photo via dragonriversidecity.vn.]
Location: 628-630 Dai Lo Vo Van Kiet, District 5, HCMC.
Status: Under construction.
After many delays the Dragon Riverside City finally began construction in 2017. It was originally announced in 2010 and it has since undergone different designs to the current one. A 53-story Dragon Tower was one proposal, which has now been scaled back. After completing the basement in 2019 the project has stalled.
[Construction site 07/08/19.]
Some projects on this page have since recommenced.
Location: 15 Le Thanh Ton, District 1, HCMC.