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Gamuda Land
Only new luxury project within 1km of an operational metro station in east HCMC, backed by Gamuda Land and 60%+ green space on 3.76 hectares.
Better for long-term living than for investing.
Best-located new project in east HCMC — 1km from operational Metro Line 1, 5km to CBD. 95% sold validates demand. Tradeoff: steep 120-200M/m² pricing and no occupancy until 2027.
| Project | Price | Distance |
|---|---|---|
| Eaton Park | 258 triệu/m² | — |
| Lexington Residence | 82,5 triệu/m² | 0.2 km |
End-user: 7.0–7.9 — good project, solid choice, meaningful tradeoffs. Eaton Park has genuinely strong location credentials (1km from operational Metro Line 1, 5km to CBD) and excellent amenity planning (60%+ green space, comprehensive facilities) from a proven developer. However, it's undelivered until 2027, carries steep 130-200M/m² pricing, and has real noise concerns from Mai Chi Tho highway and Rach Chiec construction lasting until ~2030. A strong project for end-users who can wait and afford the premium, but not without meaningful drawbacks.
Investor: 7.0–7.9 — good project, solid choice, meaningful tradeoffs. Strong structural demand drivers (metro, international schools, CBD proximity, sports complex catalyst) and proven absorption (95% sold). However, investor entry at current 130-200M/m² resale prices means the easy 30-60% Phase 1 gains are gone. No rental income until 2027 handover, and luxury yields in HCMC are typically compressed. Best suited for long-term investors banking on infrastructure-driven appreciation rather than short-term returns.
| Market range | 130 triệu – 258 triệu/m² |
| Unit price | 7,2 tỷ – 97 tỷ |
| Launch price | 120 triệu/m² |
Prices jumped from 100M/m² at Phase 1 launch (May 2024) to 160M/m² at Phase 3 (Q2 2025). Resale now trades at 130-200M/m². Metro Line 1 operational since Dec 2024 and Ring Road 2 completing 2027 provide strong infrastructure support for continued appreciation.
| Developer | Gamuda Land |
| Construction | Construction |
| Completion | 2027 |
| Total Units | 1980 |
| Towers | 6 |
| Launch Date | 2024-05 |
| Handover | 2027 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | Construction permit #07/GPXD issued Feb 17, 2023. Land use rights certificate issued Oct 2022. Subdivision 1 (Alpine, Forest, Grove, Strait) handover Q1/2027. Subdivision 2 (Cove, Lagoon) handover Q4/2027. 50-year ownership for foreign buyers. Total GDV exceeding $1.1 billion. |
Eaton Park
| CBD (peak) | 15-25 min via Thu Thiem Tunnel |
| CBD (off-peak) | 5-10 min via Thu Thiem Tunnel |
| CBD (motorbike) | 10-15 min |
| Airport (peak) | 45-60 min |
| Airport (off-peak) | 25-30 min |
Upper-income Vietnamese professionals, C-suite executives, and expatriates. Strong international school presence nearby attracts families with school-age children.
3.76-hectare mixed-use development by Gamuda Land on Mai Chi Tho Boulevard, 1km from operational Metro Line 1 Rach Chiec station. Six towers (29-39 floors) with 1,980 units: 1,968 apartments, 12 penthouses, 52 retail units, and 21 shophouses. 60%+ green space with biophilic design. 95% sold within one year of launch — strongest absorption in Thu Duc 2024-2025.
Register early for priority pricing when sales open