TTC Land Officially Leases 22,400 m² of Office Space at TTC Plaza Danang
This marks one of the most significant large-scale leasing transactions in Danang’s 2025 market, highlighting the growing demand for office rentals and representing a pivotal step for TTC Land in commercial and office asset management.
A Landmark Deal Through Collaboration Between TTC Land and G8 Golden
According to TTC Land, the ability to consistently provide large-scale, centrally located spaces was a key factor in G8 Golden’s decision to expand its operations in Central Vietnam. The tenant prioritized projects offering uniform layouts, operational convenience, robust infrastructure connectivity, and timely handover schedules aligned with their early 2026 deployment plans.
G8 Golden currently manages multiple office buildings and serviced office models in Ho Chi Minh City and Danang. In this announcement, TTC Plaza Danang has been designated as the new operational hub for the 2026–2030 period.
A representative from G8 Golden stated: “TTC Plaza Danang fully meets our criteria for space, technical specifications, and location, enabling us to implement our large-scale office management model.”
TTC Land’s Focus on “Development – Operation – Real Cash Flow”
The agreement with G8 Golden ensures high occupancy rates for TTC Plaza Danang’s office spaces even before the project’s full completion. This is expected to enhance operational efficiency, generate stable cash flow, and elevate TTC Land’s asset value in the coming years.
Strategically located on Dien Bien Phu Street, TTC Plaza Danang is a mixed-use development encompassing commercial, service, and office spaces within the city’s expanding economic and administrative hub. The project features expansive floor plans ideal for businesses requiring large, contiguous areas, along with comprehensive on-site amenities and quick access to the airport and major transportation routes.
Rendering of TTC Plaza Danang
Mr. Vo Thanh Lam, CEO of TTC Land, commented: “The leasing of 22,400 m² at TTC Plaza Danang aligns with our commercial and office asset management strategy. This transaction underscores the market’s recovery and the ongoing search by operators for projects offering infrastructure, timelines, and scale suitable for professional management models.”
TTC Land is implementing a long-term restructuring strategy centered on “Development – Operation – Real Cash Flow,” with asset management serving as a cornerstone to stabilize revenue and reduce reliance on project development cycles. The 22,400 m² deal at TTC Plaza Danang boosts occupancy rates, enhances asset valuation, and lays the groundwork for TTC Land’s 2026–2030 objectives.
TTC Land Successfully Leases Entire 22,000m² Office Block at TTC Plaza Da Nang
The Da Nang office market demonstrated a notable recovery in Q3/2025, particularly in the segment of large-scale leasing demand. Amid limited new supply, the wholesale leasing transaction of over 22,000 m² at TTC Plaza Da Nang emerged as one of the market’s most prominent deals this year. The project is developed by Saigon Thuong Tin Real Estate Joint Stock Company – TTC Land (HOSE: SCR).
Real Estate Businesses Reap Massive Profits
In just nine months this year, TTC Land has surpassed 25% of its pre-tax profit target for 2025. Meanwhile, Thuduc House achieved a net profit of over 103 billion VND, exceeding its annual plan by 56%. Other real estate leaders such as Dat Xanh, Nha Khang Dien, Nam Long, CEO, and Phat Dat are also on the brink of meeting their sales targets.
TTC Land’s Gross Profit Hits 6-Year High, 9-Month Net Profit Surges 18x Year-on-Year
Sài Gòn Thương Tín Real Estate JSC (TTC Land, HOSE: SCR) concluded Q3 with a gross margin of 57%, the highest since Q3/2019. Nine-month net profit surged 18-fold year-on-year, surpassing the annual target.
SCR Acquires Landmark Property at 266-268 Nam Kỳ Khởi Nghĩa, Reduces Investment in Dòng Dài Project
SCR recently announced the successful acquisition of a portion of land use rights and an office building located at 266-268 Nam Kỳ Khởi Nghĩa Street, Xuân Hòa Ward, Ho Chi Minh City.
TTC Group’s Ecosystem Seals the Deal on Kim Quy Island
Tín Nghĩa – Á Châu (TNAC) Investment Corporation, the developer behind the Cù Lao Tân Vạn project, has recently unveiled its new brand identity as Đảo Kim Quy (Centria Island), as announced by TTC Land.
