Delivered 2024

T1 - Zeit River

Name: T1
Address: VN

Delivered 2024

💰 11 tỷ – 59 tỷ📏 200 triệu/m²🏗️ Delivered 2024🏢 313 units

The lower of the two towers at 25 floors, T1 contains 2-bedroom to 4-bedroom apartments with duplex and penthouse units on the upper floors. Its petal-curved facade maximizes natural light and cross-ventilation across each apartment.

Neighborhood

83*

Family Score

Excellent

89*

Leisure Score

Excellent

73

Convenience

Good

62*

Health

Good

38

Transit Access

Below Avg

metro 1.3 km away; nearest station 1.1 km; bus stop 1.1 km.

61

Nightlife

Good

50

Quietness

Average

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.2

🏠 Homeowner

Solid

7.1

📈 Investor

Solid

Balanced for both homeowners and investors.

One of the more credible luxury choices in Thu Thiem — Korean developer quality, PTW design, and the Sky Bridge are genuine differentiators. Main tradeoff is a compact 0.9 ha footprint with limited ground-level landscaping and a district still building out its daily-life infrastructure.

🏠 Homeowner

Value

6.9

Livability

7.2

Legal & delivery

7.3

Location & connectivity

7.3

📈 Investor

Value

6.9

Returns & exit

7

Legal & delivery

7.3

Location & demand

7.2

Why the scores differ

Homeowner: A solid choice for homeowners valuing boutique luxury execution, architectural distinction, and fast District 1 access. GS E&C's Korean construction quality and the PTW Architects Sky Bridge design offer genuine differentiation; the honest tradeoffs are a compact 0.9 ha footprint with limited ground-level green space, high ambient noise from the adjacent bar and social venue scene, and a Thu Thiem retail corridor that lags Thao Dien in depth and daily convenience.

Investor: A moderate investment case backed by documented secondary market activity and active rental demand, but constrained by boutique scale and below-threshold yields. Estimated gross rental yields of 2.5–3.5% and thin secondary volume (300 units) mean this is more of a long-term capital appreciation hold than a cash-flow play. Thu Thiem's designation as HCMC's planned Fintech Hub and operational Ring Road 3 underpin a credible multi-year appreciation thesis, but partial pink-book status and a luxury price point narrow the exit buyer pool near term.

Price & Market

Current Market Price

200 triệu/m²

📈 +23% since launch

Market range	185 triệu – 220 triệu/m²
Unit price	11 tỷ – 59 tỷ
Rent	22 triệu – 95 triệu/mo
Launch price	163 triệu/m²

Est. Rental Yield2.0%

•🟢 GS E&C's track record with Xi Riverview Palace — one of HCMC's best-known luxury brands — underpins confidence in build quality and long-term value retention at Zeit River
•🟢 PTW Architects design and Sky Bridge create genuine architectural distinction that limits direct substitution from generic luxury towers nearby
•🟡 Thu Thiem pricing reflects location premium and long-term potential; current daily amenities (retail, F&B, schools) lag behind established addresses like Thao Dien or Phu My Hung
•🟡 Boutique scale of 300 units supports manageable service charges and community cohesion but limits resale liquidity compared to large-tower projects
•🔴 Dense 0.9 ha footprint means limited ground-level landscaping — a visible gap versus Metropole Thu Thiem which sits on a larger, more landscaped site in the same submarket

Is this a good deal?

Project	Price	Distance
T1	200 triệu/m²	—
Zeit River	200 triệu/m²	0 km
The Metropole	302,7 triệu/m²	0.8 km
Sunwah Pearl	165 triệu/m²	0.8 km
Saigon Pearl	85 triệu/m²	0.9 km

Should you buy here?

Best for:

✓High-net-worth homeowners seeking boutique luxury with a short commute to District 1
✓Senior expatriate professionals relocating to Thu Thiem's emerging business district
✓Buyers who prioritise architectural distinctiveness and Korean construction quality over project scale

Not ideal for:

✗Families needing on-site parks or a broader range of walking-distance schools
✗Buyers sensitive to noise — high ambient sound levels from the adjacent bar and social venue scene
✗Those wanting a mature, active commercial and retail street immediately rather than in several years

Market Trends

Thu Thiem luxury prices have appreciated steadily as completed infrastructure (Thu Thiem 2 Bridge, Ring Road 3) reduces friction with District 1. Zeit River occupies the mid-tier of Thu Thiem's luxury spectrum — below Grand Marina Saigon but above conventional upper-mid projects — and is well positioned to capture continued CBD spillover demand.

Pros & Cons

Pros

✓5–10 min to District 1 via tunnel or bridge
✓GS E&C — also built Xi Riverview Palace
✓PTW Architects iconic petal-curved design
✓Sky Bridge — rare in HCMC residential market
✓1.5 car spaces per unit — above HCMC average

Cons

✗Small 0.9 ha site — limited ground-level green space
✗Thu Thiem retail and services still maturing
✗Active construction across surrounding Thu Thiem area

Project Details

Status	Delivered 2024
Total Units	313
Towers	2

Legal Information

Launch Date	2022-11
Handover	2024-11
Construction Permit	Approved
Pink Book	Partial
Legal Notes	Freehold ownership for Vietnamese citizens; 50-year renewable term for foreign buyers. Developed by Vietnam GS Enterprise Company Limited (VGSE), a 100% Korean FDI entity registered in Vietnam.

Amenities

👨‍👩‍👧 Family: A children's play area and splash pad at podium level serve younger residents. The compact 300-unit scale and 24/7 CCTV security with smart access control create a secure, low-turnover environment well suited to family living.

🏋️ Fitness: A sky gym and overflow pool on T2 floor 20 anchor the fitness offering alongside a 5-star spa featuring sauna, yoga studio, personal training services, jacuzzi, and plunge pool. Mineral salt electrolysis filtration makes the pools chemical-free — a meaningful differentiator at this segment.

🏖️ Lifestyle: Four commercial podium floors house restaurants and cafés. The Sky Bridge with outdoor gardens and the sky lounge on T2 floor 20 provide elevated social and leisure spaces with panoramic views over Thu Thiem and the Saigon River.

🛒 Convenience: Two basement levels deliver 470 car spaces (approximately 1.5 per unit) and 283 motorbike bays — well above the HCMC average. A smart sensor-based elevator system and 13-unit shophouse podium add day-to-day practicality.

🏊 Pool♨️ Sauna🌳 GardenLounge🔥 BBQ Area🛗 Elevator🧒 Play Area🔒 Security🧘 Yoga🌿 Sky Garden🅿️ Car Parking🏋️ Gym🏍️ Motorbike Parking

Location & Commute

T1, Zeit River

5–10 min

CBD

30–40 min

Airport

🚇

Metro

Ba Son Station

Nearby

🛍️

Mall

Sky Bridge

Planned on-site

🛒

Supermarket

Food Court Emart

Nearby

🏫

Schools

Singapore International School Binh Than…

Nearby

🏥

Hospitals

Gia Dinh People’s Hospital

Nearby

🌳

Park

Creative Park

Nearby

Major Roads

Nguyen Co Thach StreetTran Bach Dang Street / Crescent BoulevardThu Thiem TunnelThu Thiem 2 Bridge

🔇 Moderate Noise🌊 Low Flood🛣️ Not Near Highway

Affluent Vietnamese professionals and expatriates seeking a luxury riverside address within a short commute of District 1. The compact 300-unit scale supports a quiet, well-managed community atmosphere typical of boutique luxury buildings rather than large condominium complexes.

🏫 International Schools

•Wellspring International Bilingual School (~3 km)
•British International School HCMC – City Campus (~4 km via Thu Thiem Tunnel)

🏥 Hospitals

•Vinmec Central Park International Hospital (~4 km via Thu Thiem Tunnel)
•Thao Dien International Hospital (~3 km)

Things to consider (not deal breakers)

⚠️ Traffic

Thu Thiem New Urban Area is still under active development. Traffic within the peninsula relies on a...

Thu Thiem New Urban Area is still under active development. Traffic within the peninsula relies on a limited number of crossings (Thu Thiem Tunnel, Thu Thiem 2 Bridge, Binh Khanh Ferry), which can create bottlenecks during peak hours. The internal road network of Thu Thiem is not yet fully complete.

🌊 Flood Risk

Thu Thiem peninsula sits above tidal flood level with engineered drainage infrastructure designed fo...

Thu Thiem peninsula sits above tidal flood level with engineered drainage infrastructure designed for the new urban area. Flood risk within the project boundary is low. The broader Thu Thiem embankment system provides further protection against Saigon River flooding.