Explore VietnamReal Estate
Explore VietnamDelivered 2016
Balanced for both homeowners and investors.
HCMC's most distinctive island address — natural setting, Pritzker architecture, and private marina are genuinely irreplaceable. Main risk: Phase 2 pink books still unresolved years after handover.
Homeowner: A standout address for homeowners who value waterfront exclusivity over commute convenience. The island's resort-grade amenity stack — private marina, mineral-salt pools, riverside promenade, water park, and Ascott management — on a footprint where 86.5% stays green and open, is hard to replicate within HCMC. The key daily-life friction points are a single congested access road, high ambient noise (quietness sits at the floor), and no walking access to public transit. Only Brilliant tower (≈19% of units) holds full pink books; buyers in any other tower must verify legal status independently before committing.
Investor: A defensible investment in a genuinely scarce product — but the exit strategy matters more than usual here. Ascott management and a verified expat executive tenant pool support gross rental yields likely in the 4–6% range, and an active secondary market provides transaction reference across all towers. The structural caution: Phase 2 towers lack pink books seven-plus years after handover, and Canary officetels carry 50-year term title — both constrain the buyer pool on resale, particularly for mortgage-dependent purchasers who make up a large share of the secondary market.
| Market range | 95 triệu – 181 triệu/m² |
| Unit price | 10 tỷ – 105 tỷ |
| Rent | 64 triệu – 204 triệu/mo |
| Launch price | 47 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Brilliant | 117 triệu/m² | — |
| Diamond Island | 116 triệu/m² | 0.1 km |
Resale prices have stabilized at 90–130 million VND/m² as the project fully transitions to the secondary market. The legal gap between Brilliant and Phase 2 towers drives a persistent 15–25% pricing premium on Brilliant units — a spread unlikely to narrow until Phase 2 pink books are issued.
| Status | Delivered 2016 |
| Total Units | 250 |
| Towers | 6 |
| Launch Date | 2013 |
| Handover | 2016 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Pink Book % | 19% |
| Legal Notes | Brilliant tower (Phase 1, ~250 units) has full pink books. Phase 2 towers (Hawaii, Bora Bora, Bahamas, Maldives — ~856 units) have not issued pink books despite handover in 2018; buyers operate under notarized sale contracts. Canary tower (222 units) is an officetel product with 50-year limited-term ownership, not freehold. |
Brilliant, Diamond Island
A mix of high-net-worth Vietnamese families and long-term expatriate professionals seeking resort-quality waterfront living. Brilliant tower hosts the most affluent segment — buyers who pay a premium for Pritzker architecture and confirmed legal title. Phase 2 towers draw a broader mix of local investors and expats renting through Ascott's serviced residence program.
