CapitaLand Vietnam opens The Oxygen Mall
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CapitaLand Vietnam has opened a shopping centre, The Oxygen Mall in Ho Chi Minh City’s District 2.
Located at the base of the high-end residential development The Vista, The Oxygen includes three stories with over 8000 sqm retail space and is primarily targeted to residents.
The mall tenants are mainly F&B operators, with a wide variety of cuisine on offer: “East meets West” fusion food as well as eateries such as Starbucks, Tous les Jours, Gaxeo, Shalom, Kogi Zip Korean BBQ and Genshai supermarket.
The centre also includes an artistic co-working space called Toong on third floor, which spans more than 1000 sqm. Toong offers a conducive working environment to startups and small and medium enterprises for more than 300 members.
“By harnessing the knowledge, expertise and experience accumulated from CapitaLand Group, The Oxygen will enhance the vibrancy of the shopping scene and experience in District 2 and surrounding areas,” says Chen Lian Pang, CEO of CapitaLand Vietnam.
Besides the space for Vista residents, The Oxygen will also serve other activities such as garage sales, Sunday markets, birthday parties, charity events, and other festivals.
CapitaLand said this week it plans to significantly increase its S$2.1 billion multi-asset class presence in Vietnam, including a possible Raffles City in Ho Chi Minh City.
Questions & Answers
Q.What is the primary target audience for The Oxygen Mall?
What is the primary target audience for The Oxygen Mall?
The mall is primarily targeted at residents, particularly those living in the high-end residential development The Vista, at the base of which The Oxygen is located. It aims to serve local community needs.
Q.What kind of businesses are the main tenants within The Oxygen Mall?
What kind of businesses are the main tenants within The Oxygen Mall?
The main tenants are F&B operators, offering a wide variety of cuisine including 'East meets West' fusion food and well-known eateries. A Genshai supermarket is also present.
Q.What unique feature does The Oxygen Mall offer besides retail and dining?
What unique feature does The Oxygen Mall offer besides retail and dining?
The mall includes Toong, an artistic co-working space on the third floor, covering over 1000 sqm. It provides a suitable working environment for more than 300 members, including startups and SMEs.
Q.Does CapitaLand Vietnam have further expansion plans in the country?
Does CapitaLand Vietnam have further expansion plans in the country?
Yes, CapitaLand plans to significantly increase its S$2.1 billion multi-asset class presence in Vietnam. This includes the possibility of developing a Raffles City in Ho Chi Minh City.
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