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 solid boutique luxury choice for homeowners who prioritise a short commute to District 1 over on-site scale. On-site amenities — sky spa, salt-water infinity pool, Sky Bridge — punch well above what a 300-unit building typically offers, and the school corridor is unusually deep (Tran Dai Nghia Gifted High School at 475m, IGS international school at 1.1km, VAS Sala at 1.7km). The main compromise is a compact 0.9 ha footprint with limited ground-level green space, and Thu Thiem's daily retail ecosystem is still catching up.
Investor: The investment thesis is primarily location and infrastructure: Thu Thiem Bridge 4 — contract awarded July 2, 2026, groundbreaking September 2, 2026 — terminates at Nguyen Co Thach Street, Zeit River's own frontage, with completion targeting Q4 2028. The secondary market is active but thin at 300 units; 2BR prices have softened ~7.5% and pink books are being issued progressively. Rental yield likely caps at 3–4% for the luxury tier, making this a hold-for-appreciation rather than income play.
| 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 | 163 triệu/m² | 0.8 km |
| Saigon Pearl | 102,3 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.