Grand Marina Saigon

OVERVIEW OF GRAND MARINA SAIGON PROJECT

Name of project	Grand Marina Saigon
Construction address	No. 2 Ton Duc Thang Street, Ben Nghe Ward, District 1, City. Ho Chi Minh
Investor	Masterise Group Corporation
Development unit	Masterise Homes Real Estate Development Company
Total planning area	25.29 hectares, divided into subdivisions including: The Front - The Luxury - The Aqua - The Victoria area.
Building density	45%
Block number	3 apartment blocks & 1 commercial center building
Building height	1 36-storey tower 2 47-storey buildings The commercial center building is 60 floors high
Type of product developed	luxury apartments, serviced apartments, villas, offices, commerce and services
Total product quantity	4,200 products
Internal amenities	Kindergarten and Primary School, Park, Sports center (gym, spa, yoga...), Square, BBQ garden, food court, library, common room, jogging track, pool…
Handover standards	Full high-class furniture
Expected handover	2023
Juridical	Private pink book
Time of possession	Vietnamese people own long term Foreigners own 50 years

Information about Masterise Homes co-developing with Marriott International Corporation with a plan to build a Branded Residences product line - "Branded real estate" at the Grand Marina Saigon project has attracted a lot of attention from investors. private as well as residential customers. The reason this cooperation has attracted a lot of attention is because these are all leading reputable corporations in the industry at home and abroad. Marriott International  is the largest hotel group in the world, when completed. Cooperating with Masterise Homes will maximize the strengths and experiences of both parties.

Marriott Group with a long history of nearly 100 years,  This prestigious corporation currently owns more than 5,500 hotels and resorts spread across continents around the world.

GRAND MARINA PROJECT LOCATION

Project Grand Marina built at No. 2 Ton Duc Thang Street, Ben Nghe Ward, District 1, Ho Chi Minh City. Located right in the heart of bustling Saigon, with a high quality of life, Grand Marina Saigon promises to become an urban area with 5* international standards, bringing residents pleasant surprises in life. live as well as create a perfect home for you and your family.

➜ 3 Minutes to Thu Thiem Urban Area, Notre Dame Cathedral
➜ 5 Minutes to Ben Thanh market, Landmark 81 Tower
➜ 7 Minutes to District 3, 4, 5
➜ 15 minutes arrive at Phu My Hung Urban Area
➜ 7 Minutes to Binh Thanh District
➜ 20 minutes connects Tan Son Nhat airport

Grand project Marina Saigon  owns an outstanding 5-star standard utility system. Coming here, residents will be comfortable with the system of green parks and extremely cool riverside jogging paths, sightseeing and enjoying the splendor of the city with Bach Dang wharf. Some standard amenities expressed as:

➜  Cool jogging path along the swimming pool and riverside.

➜ The longest free swimming pool in the area.

➜ Large playground, comfortable playground for children to play and entertain, indoor playroom up to 120m2 wide.

➜ Relax with sauna and hydro bath.

➜ Practice fields such as multi-purpose sports fields, tennis courts, yoga rooms, gyms...

➜ Green, clean, beautiful parks and flower gardens for residents to walk and relax.

➜ Other amenities: Chain of restaurants, shophouses, supermarkets, shopping centers...

Currently, Grand Marina Saigon, the world's largest Marriott-branded luxury apartment complex, has appeared in Saigon - Vietnam, attracting many people's attention:

→ Unit price: 15,000 - 20,000 USD/m2.
→  36 months free management fee
→  Free Marriott Bonvoy Platinum/Gold Elite membership card
→  Reservation method: 500,000,000 VND/reservation

Reference price list for Grand Marina Saigon apartment:

APARTMENT	AREA (m2)	SELLING PRICE (billion VND)
1 BEDROOM	51 – 65	18 billion/unit
1 BEDROOM +	67 – 71	23 billion/unit
2 BEDROOMS	88 – 108 – 118	30 billion/unit
3 BEDROOMS	125 – 144 – 172 – 192	43 billion/unit

No No	PAYMENT SCHEDULE Payment schedule	STANDARD PAYMENT Standard Payment	EARLY PAYMENT Accelerated payments
	Down payment	500 million VND or 250 million VND depending on the program the customer chooses 500 million VND or 250 million VND depending on the program that is chosen by the customer	500 million VND or 250 million VND depending on the program the customer chooses 500 million VND or 250 million VND depending on the program that is chosen by the customer
1st 1st installment	Within 07 days from the date of signing the Registration Form Within 07 days from the signing date of the Registration Form	10% (after deducting the Advance amout)	100% (after deducting the Advance amout)
Phase 2 2nd installment	Within 90 days from the first installment payment due date Within 90 days from the due date of 1st installment	ten%
3rd round 3rd installment	Within 90 days from the 2nd installment payment due date Within 90 days from the due date of 2nd installment	ten%
Phase 4 4th installment	Within 90 days from the 3rd installment payment due date Within 90 days from the due date of 3rd installment	ten%
Phase 5 5th installment	Within 90 days from the due date of installment 4 Within 90 days from the due date of 4th installment	ten%
Phase 6 6th installment	Within 90 days from the due date of payment of installment 5 Within 90 days from the due date of 5th installment	ten%
Phase 7 7th installment	Within 90 days from the due date of payment of installment 6 Within 90 days from the due date of 6th installment	ten%
Phase 8 8th installment	Within 90 days from the due date of payment of installment 7 Within 90 days from the due date of 7th installment	25% + all remaining VAT + 2% Maintenance fee 25% + all remaining VAT + 2% maintenance fee	2% Maintenance fee 2% maintenace fee
Phase 9 9th installment	On the date the Product is issued with a Certificate of land use rights, ownership of houses and other assets attached to land Upon having the Certificate of land use right, house owership and other properties associated with the land is issued	5%
	Discount policy Discount policy	02%	07%

Update on progress of Grand Marina Saigon project in November 2023:

By the end of November, the Masterise Homes team and contractor partner IFO, Mace had completed all items of the Lake building. Most prominent is the facade with LED lighting system, basement and swimming pool facilities on the 46th floor which are 100% completed. The remaining amenities such as reception hall, elevator, gym, lotus leaf park... have also been completed.

Towards the 3 towers: SEA; Cove; Lagoon, November recorded many big changes. Not only do they get "higher" every month, the towers are also being installed with glass, LED light frames or building partition walls on the lower floors to speed up the completion progress. 
With the plan to start handover in Q4/2023, the working atmosphere at Lake Court is more urgent than ever. Up to now, Marriott Group has officially operated Lake Lake.