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Delivered 2023

Grand Marina Saigon

Masterise Homes

The world's largest Marriott-branded residential complex with direct underground access to Ba Son Metro, an 850m Saigon River promenade, the Saigon Marina IFC Grade A+ office tower, and five-star Marriott hotel-standard management — in the heart of District 1.

💰 16 tỷ – 150 tỷ📏 490 triệu/m²🏗️ Delivered 2023🏢 4000 units

The world's largest Marriott-branded residential complex, spanning 10 hectares on the historic Ba Son Harbour site along the Saigon River in District 1. Developed by Masterise Homes in partnership with Marriott International, Grand Marina Saigon comprises 8 residential towers and Saigon Marina IFC — a 55-storey, 240m Grade A+ office tower with LEED Gold certification. The project offers two distinct collections: Prime (Marriott-branded) and Legacy (JW Marriott-branded, the first urban JW Marriott residences in Asia-Pacific). With direct underground access to Ba Son Metro Station via 4 entry points, it is HCMC's first transit-oriented development. Approximately 4,000 apartments range from 51–320 m², with 3.42m ceiling heights and European-imported furnishings throughout.

Project news

Cove Tower still in interior finishing as of August 2026, Q2 2026 handover target passed unconfirmed
Construction · Aug 2026 · azreal.vn
Lagoon Tower interior finishing ongoing as of August 2026, Q3 2026 handover target unconfirmed
Construction · Aug 2026 · azreal.vn
Sea Tower pink books overdue: no official issuance announced 16 months after handover began
Legal · Mar 2026 · azreal.vn
Lake Tower: Pink book (ownership certificate) issuance began June 2024
Legal · Jun 2024 · domo.vn

Neighborhood

89
Family Score
Excellent
Family appeal is strong for a central address, with schools and green space within walking distance. Vinschool Golden River, one of HCMC's top private K-12 systems, is about 410 m away, and Công Viên Lá Sen Ba Son is roughly 240 m from the site.
96
Leisure Score
Excellent
Leisure options are very deep for a residential address. Well-reviewed restaurants, cafés and casual dining sit within roughly 200-420 m, and Vincom Center Dong Khoi, about 1.0 km away, adds a full mall.
92
Convenience
Excellent
Daily essentials are well covered on foot. A WinMart+ supermarket is next door and convenience stores and banking sit within a few hundred metres, with Vincom Center Dong Khoi about 1.0 km away for larger shopping.
85
Health
Excellent
Medical access is good for routine needs, with a clinic and several pharmacies within about 500 m. Vinmec Central Park International Hospital, 1.7 km away, covers hospital-level care.
100
Transit Access
Excellent
Ba Son metro station is next door, about 240 m away, with a Saigon Waterbus stop roughly 300 m from the site.
100
Commute Ease
Excellent
11 min to Q1 Bến Thành via MRT1. 5 min walk to metro station.
100
Nightlife
Excellent
Nightlife is a defining strength, with a dense cluster of well-reviewed bars and clubs within about 500 m. Evenings are easy to enjoy on foot, which is also the source of the area's noise.
0
Quietness
Below Avg
Quiet is the weak point here: ambient noise is rated high and the area is busy with evening activity. Several bars and late-night venues sit within about 500 m, so residents should expect night-time noise rather than a calm backdrop.

Domo Scores™

7.3
🏠 Homeowner
Solid
7
📈 Investor
Solid

Balanced for both homeowners and investors.

A trophy riverside address with Metro Line 1 linked to the complex, Marriott-run towers and an on-site Grade A+ office tower, but you pay for it in price, noise and legal timing. Pink books are issued only for Lake Tower so far, Sea pink books are unannounced, and Cove and Lagoon handovers are not officially confirmed.

🏠 Homeowner
Value
6.3
Livability
7.8
Legal & delivery
7.9
Location & connectivity
7.3
📈 Investor
Value
6.3
Returns & exit
6.6
Legal & delivery
7.9
Location & demand
7.4
Why the scores differ

Homeowner: A strong trophy-address choice for homeowners who want walkable District 1 living with the metro under their building. Marriott and JW Marriott management, resort-style amenities and nearby schools and riverside parks support daily life, but the area is loud with bars close by, building work continues on site, and Lake Tower is the only tower with pink books issued so far.

Investor: The case rests on location and prestige rather than yield. Net rents of roughly 2-3% and a narrow buyer and tenant pool limit returns, and new Cove and Lagoon stock plus future towers add supply, though an on-site Grade A+ office tower, the metro link and an active resale market support liquidity.

Price & Market

Current Market Price
490 triệu/m²
📈 +23% since launch
Market range343 triệu – 500 triệu/m²
Unit price16 tỷ – 150 tỷ
Rent35 triệu – 398 triệu/mo
Launch price400 triệu/m²
Est. Rental Yield3.1%
  • •🟢 Metro Line 1 is operational and carried 20.5 million passengers in 2025 (121% of target); Metro Line 2 is under construction with a Q4 2030 target and will interchange with Line 1 at Bến Thành, extending the car-free catchment.
  • •🟢 Saigon Marina IFC was inaugurated in August 2025 and the HCMC International Financial Center began operating from a temporary District 1 office in February 2026, with its Thu Thiem Phase 1 running 2026-2030; UOB's planned HH3 headquarters has no confirmed date.
  • •🟡 The project's typical price of about 490M VND/m² sits above the ultra-luxury peer median of about 420M VND/m² (small peer set), while resale snapshots have been flat around 514M VND/m² between the April and July 2026 snapshots. For context, CBRE (May 2026) reports former-HCMC condominium resale prices up 32.3% year-on-year citywide, but this project's own snapshots do not show a matching move.
  • •🔴 Legal and handover timing is the main caution: only Lake Tower has pink books issued, Sea Tower issuance is unannounced, and Cove and Lagoon handover targets for Q2 and Q3 2026 have passed without official confirmation.
  • •🟡 The Saigon River pedestrian bridge to Thu Thiem missed its September 2, 2026 target while its 3,000-tonne main span awaits installation, with no new opening date; CBRE (May 2026) also flags floating mortgage rates of 12-15% as the main headwind to condominium demand.
Last updated: October 2026

Is this a good deal?

Project Price Distance
Grand Marina Saigon 490 triệu/m² —
Vinhomes Golden River 220 triệu/m² 0.3 km

Should you buy here?

Best for:
  • ✓Expatriate and corporate executives who want to walk to the metro and to the on-site office tower
  • ✓Buyers who value hotel-grade Marriott service and amenities in a central District 1 address
  • ✓Buyers of a city base who prefer a lock-and-leave home with concierge and security
Not ideal for:
  • ✗Homeowners who need a quiet neighborhood, since bars and late-night venues sit within a few hundred metres
  • ✗Buyers who need pink books at handover for Sea, Cove or Lagoon units
  • ✗Budget-conscious buyers, given the price per m², management fees and parking costs

Decision Factors

Strengths

  • ✓Ba Son station on Metro Line 1 is linked to the complex, which carried 20.5 million passengers in 2025, putting Bến Thành about 11 minutes away.
  • ✓Saigon Marina IFC (87,000 m² of Grade A+ offices, opened August 2025) sits on site, and UOB has acquired the adjacent HH3 plot for a planned Vietnam headquarters, deepening the executive tenant and buyer pool.
  • ✓Masterise development with Marriott and JW Marriott management, a 35% site density and a full amenity set, including rooftop pools, a sky gym and spa, and a kids' club.
  • ✓Daily life is easy on foot: a WinMart+ supermarket is next door, Vinschool Golden River is about 410 m away, and Vincom Center Dong Khoi is about 1.0 km away.

Tradeoffs

  • !Pricing and running costs are at the top of the market: developer prices of roughly 400-700M VND/m², management fees of about 190-210K VND/m²/month and car parking up to 7M VND/month (36 months of free management apply for new buyers).
  • !The area is loud: a cluster of bars and late-night venues within about 500 m, rush-hour congestion on Nguyen Huu Canh, and ongoing on-site works.
  • !Rental returns are thin, at roughly 2-3% net, and the tenant pool is narrow (senior expatriates, diplomats and executives).

Watch items

  • ?Verify title status unit by unit: Lake Tower pink books are fully issued, but no official issuance has been announced for Sea Tower well past the Lake precedent of about seven months, and Cove and Lagoon handovers are not officially confirmed with interior fit-out still reported in August 2026.
  • ?The Spring, Bay and Strait towers have no announced groundbreaking date, so on-site disruption may continue for years and additional supply may reach the secondary market later.
  • ?Bedroom-level resale snapshots are thin and mixed (Lake 2BR down about 6%, 3BR up about 11%), so compare recent asking and closed prices for the specific tower before committing.

Unit Types

Studio
0 Beds · 1 Baths · 37–56 m²
Under review
≈ 18,13 tỷ – 27,44 tỷ est.
490 triệu/m²
Singles & couples
1BR
1 Beds · 1 Baths · 51–72 m²
16 tỷ – 35 tỷ
460 triệu/m²
Rent: 35 triệu - 70 triệu/mo
Singles & couples
Officetel
1 Beds · 1 Baths · 35–80 m²
21 tỷ – 44 tỷ
500 triệu/m²
Singles & couples
2BR
2 Beds · 2 Baths · 70–118 m²
28 tỷ – 59 tỷ
460 triệu/m²
Rent: 46 triệu - 119 triệu/mo
Young families
Dual Key
3 Beds · 3 Baths · 106–192 m²
60 tỷ – 86 tỷ
490 triệu/m²
Growing families
Penthouse
4 Beds · 4 Baths · 164–300 m²
100 tỷ – 150 tỷ
500 triệu/m²
Growing families

Project Details

DeveloperMasterise Homes
StatusDelivered 2023
Completion2023
Total Units4000
Towers8

Amenities

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🏍️ Motorbike Parking

Location & Commute

Grand Marina Saigon

5 min
District 1 CBD
33 min
Tân Sơn Nhất Airport
57 min
Long Thành Airport
CBD (peak)7 min
CBD (off-peak)5 min
Airport (peak)39 min
Airport (off-peak)33 min
Long Thành (peak)61 min
Long Thành (off-peak)57 min
🚇
Metro
Ba Son Station
Next door
🛍️
Mall
Vincom Center Dong Khoi
Nearby
🛒
Supermarket
Cửa hàng WinMart+ A1-0.06 Golden River
Next door
🏫
Schools
Singapore International School Binh Than…
Nearby
🏥
Hospitals
Vinmec Central Park International Hospit…
1.7km
🌳
Park
Công viên gầm cầu Ba Son
Next door
Major Roads
Ton Duc Thang StreetNguyen Huu Canh StreetHam Nghi Street
🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

Ultra-high-net-worth individuals, C-suite expatriates, diplomats and international business executives, with a high foreign ownership share and five-star service expectations. Many residents work at Saigon Marina IFC and nearby District 1 offices, which fits a lively, well-connected setting more than a quiet family enclave.

Things to consider (not deal breakers)
⚠️ Traffic
Nguyen Huu Canh Street sees heavy congestion at rush hour, especially near The Manor area. Ton Duc T...
Nguyen Huu Canh Street sees heavy congestion at rush hour, especially near The Manor area. Ton Duc Thang Street slows near the Saigon River tunnel entrance. Metro Line 1 provides a reliable alternative to road traffic for CBD commutes, with Ba Son station directly beneath the development.
🌊 Flood Risk
The Nguyen Huu Canh corridor is historically prone to flooding during heavy rains. Major drainage up...
The Nguyen Huu Canh corridor is historically prone to flooding during heavy rains. Major drainage upgrades and road elevation works (raising 0.5–1.2m) have significantly reduced flood risk. The Grand Marina site itself sits on elevated former shipyard land with modern stormwater management infrastructure.

Sub-zones

🏢
Bay Apartment
0 listings
16 tỷ - 150 tỷ
343 triệu - 500 triệu/m²
🏢
Cove Apartment
0 listings · 446 units
16 tỷ - 72 tỷ
400 triệu - 500 triệu/m²
0-4 BD · 37-300 m²
Under construction
Primary asking around 450M/m² (400-500M range) from a single snapshot; no resale benchmark is available yet.
🏢
Lagoon Apartment
0 listings
400 triệu - 500 triệu/m²
0-4 BD · 37-300 m²
Under construction
Primary asking range widened to 400-650M/m² with a typical near 525M/m², a low-confidence reading, so check against the current developer price list.
🏢
Lake Apartment
0 listings · 433 units
20 tỷ - 150 tỷ
350 triệu - 500 triệu/m²
0-4 BD · 37-300 m²
Delivered 2023
Broadest resale evidence of any sub-zone: bedroom-level asks run from about 425M/m² for 2BR to about 498M/m² for 3BR, with a single penthouse ask near 625M/m².
🏢
Marina Central Apartment
0 listings
16 tỷ - 150 tỷ
343 triệu - 500 triệu/m²
1 BD · 35-85 m²
🏢
Sea Apartment
0 listings · 403 units
20,6 tỷ - 85 tỷ
343 triệu - 500 triệu/m²
0-4 BD · 35-272 m²
Delivered 2025
Highest price tier: primary asking around 600M/m² (500-700M range) and resale of about 450-515M/m² for 1-3BR, with dual-key units near 611M/m².
🏢
Spring Apartment
0 listings
16 tỷ - 150 tỷ
343 triệu - 500 triệu/m²
🏢
Strait Apartment
0 listings
16 tỷ - 150 tỷ
343 triệu - 500 triệu/m²

Projects by Developer

Growth Catalysts

  • 🚧Saigon River Pedestrian Bridge misses September 2, 2026 target as 3,000-tonne main span awaits installation (2026)
  • 🚧HCMC IFC: institutional launch at temporary District 1 HQ in February 2026; Thu Thiem physical Phase 1 (foundations) runs 2026-2030 (2027)
  • 🚀Metro Line 2 (Bến Thành–Tham Lương) under construction; Hyundai Rotem trains contracted, targeting Q4 2030 (2030)
  • 🚀UOB acquires adjacent Ba Son HH3 plot for ~$365M to build Vietnam headquarters tower
  • 🚀Grand Marina Saigon Phase 2 — Spring, Bay, Strait towers planned but no groundbreaking announced
More in the app
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This area scores 96 for Leisure Score · 89 for Family Score

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