The May Legend redefines modern office standards in Haiphong

The May Legend is one of the pre-eminent Grade A office developments in Haiphong, which will support the port city to deliver high-end, flexible, and sustainable office spaces on par with international standards.

A beacon of economic opportunity with significant commercial potential

As one of Vietnam's five centrally governed cities, Haiphong is highly regarded for its infrastructure, foreign direct investment (FDI), GDP, and growing economy.

In 2023, the port city attracted $3.5 billion in FDI, a 140 per cent increase on-year, making it the second biggest foreign investor draw in the country, with 950 foreign-invested projects in industrial and economic zones from notable investors including LG, Bridgestone, Regina Miracle, and Pegatron.

According to Savills Vietnam's H1/2023 Haiphong Real Estate Market Report, office stock of 173,000sq.m net leasable area (NLA) came from Grade B and C projects.

Office stock grew by 2 per cent per year from 2019 to H1 of 2023. Office occupancy reached 91 per cent, with rent hitting nearly $10/sq.m/month.

Trinh Huynh Mai, associate director of Commercial Leasing at Savills Hanoi, said that Haiphong's emergence as a leading destination nationwide in FDI attraction is a very positive precursor for the growth potential of the city's commercial real estate.

“Demand for Grade A offices comes from companies in finance and manufacturing. We are also seeing demand from domestic and international retail brands looking to expand into shopping centres run by reputable foreign operators,” said Mai.

Haiphong Opera House

The May Legend aims to set a new benchmark for modern office spaces in Haiphong

In Haiphong’s high-end office segment, The May Legend is the first Grade A office development with a professional management agent in the city.

It also delivers some of the most sophisticated and modern architecture in the city centre across a total leasable area of 15,000sq,m. It aims to become a symbol of the city's development, reflecting the developer’s vision.

The property is located along Haiphong’s financial axis and conveniently connects to major transportation routes and industrial zones.

The prime location in the city centre ensures easy access to nearby amenities such as shopping centres, restaurants, parks, hospitals, and hotels.

To meet demand from discerning businesses, The May Legend offers premium amenities, professional offices, and operational management by a leading international agent.

Overview of The May Legend project in Haiphong

Speaking about the project’s vision, a representative from Sao Sang Group stated, “As the developer of The May Legend, we hope for the project to elevate the business stature in Haiphong by providing Grade A office spaces and top-notch services. We are committed to delivering a professional and modern working environment that also allows businesses to optimise their costs.”

“At The May Legend, we believe that the combination of quality and economic efficiency will create engaging workspaces that will support the sustainable development of the region.”

Haiphong Tourism JSC, a subsidiary of Sao Sang Group, exemplifies reliability and innovation across various sectors. Its commitment to excellence will contribute to the city's economic restructuring, job creation, and improved quality of life for those working in the city.

In light of Haiphong’s burgeoning commercial real estate sector, The May Legend delivers premier Grade A offices that are both prestigious and cost-effective, catering to the needs of domestic and foreign businesses in the port city.

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