The May Legend – Grade A office building sets new standards for modern office space
With outstanding economic growth, prime location, modern transport infrastructure, and abundant resources, Hai Phong promises to be an attractive destination for domestic and international businesses and investors.
In the office for lease segment, Hai Phong owns the outstanding Grade A office project The May Legend, helping the port city integrate into the global trend of classy, flexible and sustainable office space.
Hai Phong – The bright star of the economy and great potential for commercial real estate
As one of five centrally-governed cities in Vietnam, Hai Phong is highly regarded as its infrastructure, foreign direct investment (FDI), GDP and economy are growing.
By the end of 2023, Hai Phong attracted 3.5 billion USD in foreign direct investment (FDI), an increase of 140% compared to 2022, ranking second in the country and first in the Red River Delta. Hai Phong has 950 FDI projects in industrial parks and economic zones from notable investors such as LG, Bridgestone, Regina Miracle and Pegatron.
According to the Hai Phong Real Estate Market Report H1/2023 by Savills Vietnam, the office supply of 173,000 m2 from Class B and C projects increased by 4% over the same period last year; the average growth was 2% per year from 2019 to the first half of 2023. The occupancy rate reached 91% and the rental price reached VND 238,000/m2/month.
Ms. Trinh Huynh Mai, Senior Associate Director, Commercial Leasing, Savills Hanoi shared: “Hai Phong becoming the leading locality in the country in attracting foreign direct investment (FDI) is a very good premise for the growth potential of the city's commercial real estate. Savills noted the increasing trend in demand for Grade A office space from companies in the financial and manufacturing sectors... as well as the demand of domestic and foreign retail brands in expanding their stores in shopping centers operated by prestigious foreign brands”.
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| Hai Phong Opera House |
The May Legend – Setting a new standard for rare modern office space in Hai Phong
Standing out in the high-end office segment of Hai Phong is The May Legend project. This is not only the first office building with full and professional investment but also represents the pinnacle of modern architecture in the city center. Not only that, the project is also a new symbol for the city's development, at the same time demonstrating the leading vision of the Investor.
Located on the “financial axis” of the central area, The May Legend building is conveniently connected to the city’s main traffic routes and industrial zones. The project has modern architecture with a total leasable area of up to 15,000 m2.
With high-class facilities, professional office space as well as consulting and management by leading international strategic partners, the project promises to be a leading destination, supporting businesses to operate stably and improve their position in the market.
In addition, the project's prime location in the city center also creates conditions for tenants to access a variety of nearby amenities such as shopping malls, food courts, parks, hospitals, hotels, etc. By converging a series of values that create a difference, The May Legend affirms its position as the center of commercial real estate in Hai Phong city.
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| Panoramic image of The May Legend project in Hai Phong |
Sharing about the project development vision, the investor representative - Sao Sang Group said: “The May Legend project aims to elevate the position of businesses in Hai Phong by providing Grade A offices and top-notch services. We are committed to providing a professional and modern working space, while focusing on optimizing costs for businesses. With The May Legend, we believe that the combination of quality and economic efficiency will create an exciting working environment and support the sustainable development of the area”.
Hai Phong Tourism Joint Stock Company, a member of Sao Sang Group, is the investor of The May Legend project. As a typical and trustworthy unit in many fields, Sao Sang Group always strives to innovate and create. The large scale of operation of the unit has contributed positively to the economic restructuring of the city, creating jobs, improving the quality of life for workers, and raising the position of Vietnam in the international arena.
In the context of commercial real estate in Hai Phong possessing great potential for development as it is today, The May Legend is considered a leading outstanding Grade A office project. Providing a classy, friendly working environment and helping to optimize operating costs, the project promises to be an ideal destination for domestic and foreign enterprises in the port city.
The May Legend
Address: No. 55-57 Dien Bien Phu, Minh Khai, Hong Bang, Hai Phong.
Phone number: (84) 917 254 338 / 936 616 373
Email:[email protected] / [email protected]
Website: www.themaylegend.vn
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