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Work Set to Resume on Saigon's Largest 'Ghost Tower'

Saigon's most prominent unfinished skyscraper is finally set for completion thanks to a new investor.

VnExpress reports that work will resume on the 42-story Saigon One tower soon. The building, located at the intersection of Ton Duc Thang and Vo Van Kiet Streets in central District 1, has stood unfinished since 2011, even though it is 80% complete.

The news source adds that work on the building began in 2007 and was supposed to finish in 2009, but conflicts between investors and financial problems led to the city's most noticeable 'ghost tower.'

According to CafeF, Alpha King Real Estate Development JSC has taken over the building, while Singapore's RSP Architects Group will oversee the final designs.

Saigon One will feature Vietnam's largest rooftop bar, in addition to apartments, offices and commercial space. It is expected to open in 2018, the news source reports.

[Photo via Trip Savvy]

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