On Heritage Site
Grand Marina, Saigon is the world’s largest Marriott luxury real estate complex, located at 2 Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City – a land known as “Ba Son” – the priceless heritage of Saigon.
This location has inspired the architecture of Grand Marina, Saigon; the most evident proof is the Lotus Leaf Park – a landscape item in the project.
Lotus Leaf Park at Grand Marina, Saigon. Photo: Masterise Homes
The landscape lake in Lotus Leaf Park is named “Bassin de Radoub” – a term believed to be the origin of the name Ba Son, meaning “dry dock” in French. The lake features a unique design with a stone-lined bottom simulating the image of a ship’s hull, inspired by a shipyard with a history of over 200 years. The lake’s nameplate is embossed on a metal background with an outer layer that looks old and rusty, harmonizing with the design inspired by the old shipyard.
The Ba Son shipyard relic is also located within the Grand Marina, Saigon complex, and the city plans to invest 230 billion VND in its renovation. The surrounding area will also be developed into a public space with green areas and attractive landscapes to attract visitors to learn about the historical heritage of the Ba Son area.
Adjacent Heritage Site
The historical value contributes to the uniqueness and enhances the value of the luxury apartments at Grand Marina, Saigon – the world’s finest on a heritage site.
Global studies have shown that projects built in a historical area or with a long-standing name will gain additional value and increase in price more than other areas. Data from the UK’s National Statistics Agency also shows that the City of London, one of London’s oldest districts, is among the top 10 areas with the fastest-growing house prices, increasing by 89% between 2013 and 2023.
With Grand Marina, Saigon, the rare heritage value, combined with the luxury real estate model and sustainable asset value, has created unique modern-day heritage, where owners of luxury apartments can protect and grow their assets for future generations.
Marriott luxury apartments are a popular investment channel. Photo: Masterise Homes
For a long time, luxury real estate has been considered an investment channel by the HNWI class, as luxury projects are typically located in prime locations in major cities, ensuring that the value of this type of real estate increases over time. Nearly 100 years of development has proven that luxury real estate is a resilient segment in the face of market crises and fluctuations.
The Grand Marina, Saigon complex is developed with the vision to become the city’s new riverside square in the heart of District 1. This square offers a unique ecosystem, including luxury apartments, Class A offices, premium retail spaces, parks, and riverside walkways, a marina, and direct access to the metro. Its exclusive location, combined with panoramic views of the Saigon River, the Zoo, and the city center, guarantees the prestige and value of the luxury apartments in Grand Marina, Saigon. Being part of this new square further enhances the price appreciation potential and ensures the timeless value of these residences.
Additionally, Marriott has closely consulted and scrutinized the design, construction, and finishing of the luxury apartment towers with Masterise Homes, ensuring that the completed project will meet Marriott’s quality standards in appearance and experience. This aspect also significantly contributes to the confidence of both buyers and users of these luxury apartments.
5-star hotel-standard lobby of the Marriott luxury apartment tower at Lake Tower, Grand Marina, Saigon. Photo: Masterise Homes
Moreover, the Marriott butler team directly manages and operates the luxury apartment towers, providing 5-star services for the daily lives of the elite community at Grand Marina, Saigon. This professional care not only offers a luxurious lifestyle but also helps maintain the quality of the apartments and the entire project, reducing the risk of deterioration and further emphasizing the sustainable value of the customers’ luxury assets.
Nonetheless, some local beer still sells like hotcakes despite a lackluster Tet season.
As of February 6th (27th of Lunar New Year), the beer market in Ho Chi Minh City remains sluggish despite sellers actively implementing discounts, lucky draws, and free delivery.
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