VI
Tháp Đông
One Central/Tháp Đông

Tháp Đông - One Central

💰 28,9 tỷ – 297 tỷ📏 726 triệu/m²🏢 391 units

The 48-floor, 218m residential tower holding 391 Ritz-Carlton Residences — the first Ritz-Carlton-branded apartments in Ho Chi Minh City. All units are managed under Ritz-Carlton hotel service standards with full concierge, housekeeping, and dining access.

📋
Pre-Launch Project
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Neighborhood

87
Family Score
Excellent
100
Leisure Score
Excellent
100
Convenience
Excellent
93
Health
Excellent
100
Transit Access
Excellent
metro 97 m away; nearest station 73 m; bus stop 73 m.
100
Nightlife
Excellent
0
Quietness
Below Avg

Domo Scores™

6.3
🏠 Homeowner
Mixed
6
📈 Investor
Mixed

Balanced for both homeowners and investors.

HCMC's most prestigious residential address — Ritz-Carlton brand, metro access, Ben Thanh landmark. Construction track record is the one genuine concern.

🏠 Homeowner
Value
4
Livability
7.6
Legal & delivery
6.1
Location & connectivity
7.3
📈 Investor
Value
4
Returns & exit
6.5
Legal & delivery
6.1
Location & demand
7.1
Why the scores differ

Homeowner: A compelling but narrowly defined homeowner choice. Vietnam's only Ritz-Carlton Residences address delivers hotel-grade services daily — pool, spa, fine dining, concierge, and housekeeping — that are structurally superior to any typical condo operator. The direct underground link to Ben Thanh Metro and walkable access to top-ranked public schools round out a genuinely strong central package. The honest tradeoffs: Ben Thanh roundabout noise is among the highest in HCMC, the 0.86 ha site has no on-site green space, pink books won't arrive until post-handover (~2028–2029), and price sits at Vietnam's ceiling.

Investor: A prestige-anchored investment with genuine structural advantages and real liquidity constraints. The Ritz-Carlton brand and controlled supply of 391 units create a price floor that most luxury projects lack, and the direct underground metro link is a structural differentiator. The honest concern: at Vietnam's ceiling price per m², the resale buyer pool is very thin — ultra-luxury exits in HCMC remain largely untested — and rental yields at this price point will cap below 3%. Pre-delivery status (handover ~2028–2029) means capital is illiquid for at least two years, and foreign investors face a 50-year leasehold constraint.

Price & Market

Current Market Price
726 triệu/m²
📈 +0% since launch
Unit price28,9 tỷ – 297 tỷ
Launch price725 triệu/m²
  • 🟢 Only Ritz-Carlton Residences in Vietnam — no direct brand competitor in this tier anywhere in HCMC
  • 🟢 Underground Ben Thanh Metro access is a structural infrastructure advantage that most District 1 luxury towers cannot match
  • 🔴 Project experienced multiple construction halts from 2017–2025 — buyers should treat timeline risk as real, not theoretical
  • 🟡 Priced at Vietnam's ceiling — strong appreciation potential post-delivery, but pre-delivery liquidity is very thin at this price point

Is this a good deal?

🟢 ~3% cheaper than comparable projects
Project Price Distance
Tháp Đông 726 triệu/m²
One Central 748,2 triệu/m² 0 km

Should you buy here?

Best for:
  • Ultra-HNW buyers who want hotel-grade daily services and Vietnam's strongest residential brand address
  • Foreign executives and expats with long HCMC tenures who want metro-connected District 1 living at the top of the market
  • Buyers for whom prestige and scarcity outweigh price sensitivity or delivery certainty
Not ideal for:
  • Anyone outside an ultra-luxury budget — this is priced at Vietnam's ceiling with no value-for-money positioning
  • Families prioritizing on-site schools or private green space — neither is available on this compact 0.86 ha site
  • Homeowners who need near-term delivery certainty — construction history makes 2028–2029 an estimate, not a guarantee

Pros & Cons

Pros

  • Only Ritz-Carlton Residences address in Vietnam
  • Underground walkway to Ben Thanh Metro hub
  • Iconic District 1 address opposite Ben Thanh Market
  • Full Ritz-Carlton hotel services for residents

Cons

  • Among Vietnam's highest prices per m²
  • 0.86 ha site — minimal outdoor green space
  • Ben Thanh roundabout peak-hour gridlock is severe
  • Construction restarted November 2025 after years of halts under new developer Masterise Homes — 2028–2029 handover estimated but timeline risk persists

Project Details

Total Units391
Towers2

Amenities

👨‍👩‍👧 Family: Children's play area on-site. No on-site school — nearest international schools are 10-15 minutes by car in Districts 1 and 3.
🏋️ Fitness: Ritz-Carlton-managed pool, spa, and fitness center operated to hotel standards — professional staffing and maintenance that typical condo gyms do not match.
🏖️ Lifestyle: Full Ritz-Carlton hotel services — fine dining, room service, concierge, and housekeeping available to all residential owners. Nine-floor retail and F&B podium at the base of both towers.
🛒 Convenience: Six basement levels of car and motorbike parking. Direct underground walkway to Ben Thanh Metro Station. 58,400 m² retail within the development.
🧒 Play Area🔒 Security🅿️ Car Parking🛍️ Shopping Mall🏍️ Motorbike Parking🏊 Pool♨️ SaunaLoungeRooftop🛗 Elevator🛎️ Concierge🏋️ Gym

Location & Commute

Tháp Đông, One Central

🚇
Metro
Ben Thanh Metro Underground Link
Planned on-site
🛍️
Mall
Retail and F&B Podium
Planned on-site
🛒
Supermarket
WinMart+
Nearby
🏫
Schools
Cao Thang Technical College
Next door
🏥
Hospitals
Nhan Dan Gia Dinh Hospital Branch 2
Next door
🌳
Park
September 23rd Park
Nearby
Major Roads
Phạm Ngũ LãoLê Thị Hồng GấmPhó Đức ChínhCalmette
🔇 High Noise🛣️ Near Highway

Ultra-high-net-worth Vietnamese business owners and foreign executives who want hotel-grade services baked into daily living. The combination of a central District 1 address, metro access, and Ritz-Carlton management attracts buyers for whom prestige and service quality outweigh price sensitivity.

Things to consider (not deal breakers)
⚠️ Traffic
Ben Thanh roundabout is one of HCMC's busiest intersections — peak-hour gridlock is routine. Phạm Ng...
Ben Thanh roundabout is one of HCMC's busiest intersections — peak-hour gridlock is routine. Phạm Ngũ Lão and adjacent streets are narrow and congested by tourist activity.
→ Underground pedestrian access to Ben Thanh Metro Station eliminates car dependency for daily commutes within the metro corridor.
🌊 Flood Risk
The District 1 core is among HCMC's least flood-prone areas due to higher ground elevation and subst...
The District 1 core is among HCMC's least flood-prone areas due to higher ground elevation and substantial drainage investment. The site sits above surrounding street level.
→ District 1's drainage infrastructure is among the city's best — flood frequency here is substantially lower than in southern or western districts.
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This area scores 100 for Leisure Score · 87 for Family Score

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Tháp Đông
Tháp Đông
Tháp Đông, One Central
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