The Grand Unveiling of Eaton Park’s Crown Jewel: Lagoon

On August 26, leading developer Gamuda Land hosted the "Kick-off" ceremony for Phase 3 of Eaton Park, marking the commencement of the final sales phase for the real estate mega-project that took Ho Chi Minh City by storm in 2024.

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The event was held on a grand scale at the most luxurious convention center in the city center, gathering over 1,200 attendees, comprising elite business professionals from 28 top-performing distributors. With the theme “The Eaton Park Summit – The Epitome of Excellence,” the ceremony was a platform for Malaysia’s leading real estate developer to unveil its final batch of premium products from the Lagoon tower, the “final piece of the puzzle” of this luxurious residential complex.

Addressing the event, Mr. Teoh Chin Siang, General Director of Gamuda Land Vietnam – Southern Region 1, shared, “Eaton Park embodies our vision of creating breakthrough projects and sets a new standard for international-standard luxury living in the heart of Ho Chi Minh City’s East area. In the previous two sales phases, we witnessed remarkable records, with all products being absorbed within just one month. These outstanding results not only showcase the project’s immense appeal but also testify to the trust our customers have placed in Gamuda Land.”

Eaton Park made a striking entrance into Ho Chi Minh City’s real estate market in the first quarter of 2024, quickly becoming a “blockbuster” with 100% of its inventory sold out within a month of its initial launch and a record-breaking 99% sold during the second sales event. With this impressive track record, Gamuda Land confidently embarked on the third phase for the Lagoon tower, offering limited inventory with superior standards, expected to continue making waves in the luxury apartment market towards the dynamic year-end of 2025.

During the event, the developer announced the sales policies designed ahead of the official launch, scheduled for the end of September. There will be three payment methods with a common feature of extended payment terms over 32 months or more (with the final 5% due upon receipt of the Certificate of Ownership – “Pink Book”). Depending on the customer’s choice of paying 5%, 10%, or 30% at the time of signing the sales contract, different payment schedules will apply, all of which are stretched and divided into multiple installments over three years.

With a solid legal foundation, the construction of Eaton Park is being expedited, ensuring timely or ahead-of-schedule delivery to customers.

Each method will offer a unique discount, and the investment cost, along with the official selling price, will be announced on the day of the sale. According to the distributors, these policies are extremely flexible and accommodating, allowing various customer segments to choose the option that best suits their financial plans.

Additionally, Eaton Park boasts the invaluable advantage of being the only luxury apartment project in Ho Chi Minh City’s East area with completed legal procedures, ready for sale and contract signing, thus safeguarding the legitimate rights of its customers. Thanks to this solid foundation, the project’s construction progress is being aggressively accelerated. Currently, the Grove and Strait towers have completed the structure up to the 27th floor, Alpine and Forest towers have reached the 18th floor, while Cove and Lagoon towers have been constructed up to the 5th floor.

Strategically located on the “billion-dollar” Mai Chi Tho Boulevard, Eaton Park is a newly developed project boasting one of the most prime locations in Ho Chi Minh City today. It is adjacent to the An Phu intersection, Rạch Chiếc Metro Station (Line 1: Ben Thanh – Suoi Tien), and the Ho Chi Minh City – Long Thanh – Dau Giay Expressway, just 15 minutes away from the city center. Spanning an area of 3.7 hectares, the project comprises six towers ranging from 29 to 39 floors, offering 2,052 units to the market, including 1,968 luxury apartments from one to three bedrooms, 12 penthouses, 52 ground-floor service apartments, and 20 shophouses.

In addition to the project’s shared advantages, the Lagoon and Cove towers possess distinct valuable attributes, such as unobstructed views of the serene canal or the magnificent city skyline and superior upgrades in delivery standards. This product line is the most luxurious in the “Eaton Park collection,” catering to affluent customers, furnished with high-end appliances and fixtures from world-renowned brands such as Bosch, Grohe, Duravit, Geberit, Kohler, and their equivalents, along with concierge services included in the management fee.

The apartments in the Lagoon tower (middle tower) represent the final batch of ultra-luxury products with the highest delivery standards in Eaton Park and will be officially launched in September 2025.

Industry experts believe that Eaton Park possesses strong intrinsic factors that make it a “super-product” in real estate, fulfilling the diverse needs of both owner-occupiers and investors. The project holds tremendous growth potential, as evidenced by market surveys indicating that many customers who participated in the initial phases have realized a 30% increase in their capital following each sales launch, with a remarkable 70% growth since May 2024.

For these reasons, with an extremely limited final batch, Eaton Park is highly sought-after by the entire Southern real estate market, promising to continue as a “blockbuster” in late September. If this scenario comes to fruition, it will contribute to Gamuda Land’s brilliant success story in 2025, as the renowned foreign investor from Malaysia has already achieved impressive sales performances with two projects, Springville (Nhon Trach, Dong Nai) and Elysian (Ho Chi Minh City), in the first half of this year.

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