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Explore Vietnam
Delivered 2024
Delivered 2024
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.
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: A good choice for homeowners who want a quiet, boutique riverside address 5-10 minutes from District 1. The building is delivered, flood risk is low, and the Sky Bridge, sky pool floor and spa are rare at this scale. The tradeoffs are a tight 0.9 ha site, a Thu Thiem that is still filling in with retail and services, and pink books that are only partially issued.
Investor: A yield-light, narrow-exit luxury holding rather than an income play. Pricing sits close to the luxury peer set and both towers are handed over, but resale 2BR asks slipped about 7.5% between snapshots and rental yields look to be around 3%. The upside rests on Thu Thiem Bridge 4 (completion targeted Q4 2028) and on unit-level pink books being completed.
| Market range | 160 triệu – 383 triệu/m² |
| Unit price | 11 tỷ – 150 tỷ |
| Rent | 22 triệu – 117 triệu/mo |
| Launch price | 163 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| T1 | 185 triệu/m² | — |
| Zeit River | 190 triệu/m² | 0 km |
| The Metropole | 310 triệu/m² | 0.8 km |
| Sunwah Pearl | 157 triệu/m² | 0.8 km |
| Saigon Pearl | 97 triệu/m² | 0.9 km |
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.
| Status | Delivered 2024 |
| Total Units | 313 |
| Towers | 2 |
| 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. |
T1, Zeit River
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.
