Developed by Masterise Homes, Grand Marina, Saigon is the world's largest luxury apartment complex by Marriott International, holding priceless heritage values along the Saigon River's Ba Son area and the essence of the Marriott brand. The Marriott luxury apartment complex, Grand Marina, Saigon, at Lake Tower has commenced handovers and welcomed residents.
The formula that creates the value of 'having money doesn't necessarily buy' is evident in the world's top-tier real estate projects, currently manifested in the first Marriott luxury apartment project in Vietnam. The Lotus Park, alongside the Marriott luxury apartment complex, is part of the Grand Marina, Saigon, high-end real estate complex.
The location has long been a crucial factor determining the value of real estate. A central location, convenient connectivity to public transportation, or the longstanding historical value are elements that make up a prime real estate location, especially in the branded residences segment.
The heritage value of the luxury real estate complex, Grand Marina, Saigon
Studies worldwide consistently indicate that projects built in a region or at a historically significant location add more value and experience higher appreciation than projects in other areas. Statistics from the UK's National Statistics Office also show that the City of London, one of the oldest districts in London, is among the top 10 areas with the fastest-growing property values, increasing by 89% in the period from 2013 to 2023
With high-end real estate, historical value plays a crucial role. This is one of the essential characteristics of the super-prime segment (usually defined as the top 1% of the market, with prices above 10 million USD). The historical value is preserved in the architecture and interior design of most luxury real estate projects.
For example, the One Hyde Park project, where the most expensive apartment transactions in London are recorded – another two-story apartment was offered for sale for £175 million in 2021. The project is designed to be both modern and to preserve the unique architectural values of Knightsbridge Street in central London.
Gary Edwards, Chief Executive Officer and Head of Credit Advisory at HSBC Global Private Banking, stated: "Central London boasts some of the world's most majestic and unique houses, located on streets built during the Georgian and Victorian eras. Combining historical architecture with the finest of modern London truly creates an irresistible duo for super-prime segment clients.
In Vietnam, Grand Marina, Saigon – a luxury real estate project in the "super-prime" segment, is also applying the formula of combining heritage value with the modern essence of the world.
The combination of heritage and the essence of the world
The Grand Marina, Saigon is the world's largest Marriott luxury real estate complex, situated at 2 Ton Duc Thang Street, Ben Nghe Ward, District 1, Ho Chi Minh City – on the renowned 'Ba Son' land, a priceless heritage of Saigon. The project exemplifies the perfect harmony between heritage and the modern essence of the world.
The landscape lake in Lotus Park features the silhouette of a boat at the lake's bottom and intricate lotus leaf details adorning the lake's surface.
The Ba Son heritage has become a source of inspiration for the architecture of Grand Marina, Saigon. The most evident proof is the Lotus Park – a significant landscaping feature of the project, which has been completed and is set to open in November 2023.
The focal point of Lotus Park is a large landscaped lake with a stone-paved bottom resembling the silhouette of a boat. This architecture draws inspiration from the Ba Son Shipyard, which has a history spanning over 200 years, serving as a historic landmark and a witness to the ups and downs of Saigon.
This lake is also named 'Bassin de Radoub' – a term believed to be the origin of the name Ba Son, which in French means 'ship repairing dock.' The lake's nameplate is embossed on a metal surface with an intentionally weathered and rusty appearance, harmonizing with the design reminiscent of the old shipyard.
Lotus Park is envisioned to become a space imbued with significant historical value,
A destination that captivates not only the residents of Grand Marina, Saigon but also visitors from far and wide, inviting them to admire and reminisce about the glorious past of Ba Son.
On the other hand, the modern essence of the world in Grand Marina, Saigon is reflected in the luxury real estate model and the standards that the Marriott brand brings to the forefront.
The Marriott Group has been deeply involved in the development process, from design and construction to the meticulous completion of the luxury apartment towers. Thorough inspections precede the operational phase to ensure compliance with global standards. A testament to this commitment is evident in the space of the Marriott-branded residences at Grand Marina Saigon's Lake Tower – designed with the distinctive language of Marriott hotels, constructed and finished with premium, natural materials, and the craftsmanship of skilled Italian artisans.
The image of the Marriott butler team at Lake Tower
The dedicated and professional butler team of Marriott directly manages and operates the building to provide services and amenities equivalent to a 5-star hotel for the sophisticated community of residents. They undergo over 250 hours of training each year to enhance customer service skills and understanding of lifestyles, ensuring readiness to meet the smallest needs in the daily lives of the brand's owners.
The combination of the world's essences in one space, one location rich in heritage, creates a unique project, Grand Marina, Saigon. Possessing an irresistible allure, it attracts an affluent customer base.
Phone: 0911 525454
Address of the model house: No. 2 Ton Duc Thang, Ben Nghe Ward, District 1, City. Ho Chi Minh City
Project address: No. 2 Ton Duc Thang, Ben Nghe Ward, District 1, City. Ho Chi Minh City
Grand Marina website: https://masterisesaigon.com/