Masterise Homes – a member of Masterise Group, is the investor of the Grand Marina Saigon project, which is making waves in the apartment market in city center. To find out whether this investor is reputable or how powerful they are, let's check the information and evaluate Masterise Homes through the following article by Smartland to find the answer.

Overview information about Masterise Group and Masterise Homes

Masterise Group was established in 2007 under the leadership of Ms. Đỗ Tú Anh, originally as Thao Dien Investment Joint Stock Company, with its first success being the Masteri Thao Dien luxury residential project in District 2 (delivered in 2014). In November 2019, Thao Dien Investment changed its name to Masterise Group and launched the management brand for its projects, Masterise Home.

 

Compared to long-standing investors in the market such as Novaland, Keppel Land, Capitaland, CII, Sơn Kim Land, SSG Group, etc., the Masterise Homes brand is at a disadvantage in terms of operational duration. However, with capabilities, an understanding of customers, and the right direction, up to now, the developer Masterise Group has established a solid foothold in the market by successfully supplying over 10,000 apartments to the Ho Chi Minh City market.

 

The projects invested by the master investor Masterise Homes all share common characteristics: valuable location, high-class design, luxurious amenities, reasonable selling prices, and flexible sales policies. In addition, meeting the progress, construction quality, high service quality, and positive feedback from residents have helped the Masterise branded projects attract special attention and interest from customers and investors.

The partners that Masterise Homes has entrusted with selecting.

A significant contribution to the success of the projects developed by Masterise Group comes from the efforts of reputable strategic partners such as: + The architectural design unit Tange Associates from Japan.

 The signing ceremony of the cooperation between Masterise Group and Tange Associates (Japan)+ Studio HBA (USA): The world's number one interior design partner.+ Landsculptor, a landscape design company from Thailand.+ Mace, a construction consulting and supervision company from the UK.+ Techcombank (the first bank to guarantee the construction schedule of Masteri Thao Dien).+ Additionally, there are Coteccons, Newtecons, DWP, EY, Savills, Artelia, Delta, Atkins, Aurecon,...It can be said that with project development experience and comprehensive implementation capabilities along with strategic partners, this is a testament to the reputation of quality in every home created by Masterise Homes.

Masterise Homes always knows how to 'create the game' for investors.

Since entering the Ho Chi Minh City apartment market, Masterise Homes has been highly regarded by Smartland for its sales deployment strategy. In other words, it has created a strong impression for savvy customers, as both 'flipping' and 'long-term' purchase products have yielded 'sweet fruits' for investors. Specifically:October 2014: Masteri Thao Dien selling price 28 - 30 million VND/m2.January 2015: Estella Height selling price 45 - 50 million VND/m2.May 2015: Gateway Thao Dien selling price 45 - 50 million VND/m2.End of 2015: Nassim Thao Dien selling price 55 - 60 million VND/m2.End of 2017: D’edge selling price 75 - 80 million VND/m2.End of 2018: Masteri Thao Dien Q.2 selling price 80 - 90 million VND/m2.End of 2020: Masteri Lumiere Riverside: From 120 million VND/m2.

In addition to having a loyal customer system, Masterise Homes projects 'bursting out' always receive high market demand and are almost sold out at sales events thanks to two important factors: + Excellent and professional PR and promotional capabilities (Offline, Online) ensure that project information is always accurately and appropriately conveyed to customers. + Possessing a strong network of brokers and affiliate platforms (F1, F2) in the eastern part of Ho Chi Minh City for sales capability. + The prices set by the investors during selling periods are always in line with the general price levels of the area and the market.

The prestigious award collection of Masterise Homes

Top 10 leading investors in Vietnam (BCI Asia Awards 2015). Top 10 most attractive real estate projects in Vietnam (voted by Investment Newspaper for the Masteri Thao Dien project - 2016). Masterise Homes has received 8 awards at the Vietnam PropertyGuru Awards 2020 – a prestigious real estate award launched in 2015, attracting 400 investors from across the country to participate. Specifically: - The Masteri Centre Point project received 2 awards: Best High End Condo Development (HCMC) and Best High End Condo Landscape Architectural Design, highly commended. - The Masteri Waterfront project received 2 awards: Best High End Condo Development (Hanoi) and Best High End Condo Interior Design.

– The LUMIÈRE project received 3 awards: Best Condo Architecture Design, Best Luxury Condo Interior Design, and Best Luxury Condo Development (HCMC) – Highly Commended. Additionally, Masterise Homes received a Special Recognition for CSR for its contributions to the community,...

List of projects that Masterise Homes has handed over

1. M-One Nam Sai Gon.

• Location: 35/12 Be Van Cam, Tan Hung Ward, Ho Chi Minh. Area: 57 – 94 m2. Selling price: From 2 – 4.1 billion VND/unit. Current rental price: From 8 – 15 million VND/month.

2. M-One Gia Dinh

• Location: 12 Nguyen Binh Khiem, Hanh Thong Ward, Ho Chi Minh City.Area: 49 – 90 m2.Sale price: From 2.7 – 3.8 billion VND/unit.Current rental price: From 12 – 20 million VND/month.

3. Masteri Thao Dien.

• Location: Vo Nguyen Giap, An Khanh Ward, Ho Chi Minh City. Land area: approximately 8ha. Scale: 4 twin tower buildings of 41 to 45 stories, 1 building for Apartments - Services - Trade, 44 stories high, and Vincom Mega Mall Thao Dien. Construction density: 34.74% - Green space: 60% (including a regulating lake, park, walkways, traffic, gardens, swimming pools, etc.). Types of area: 45-100 m2. Construction time: From Q1/2014 and has been delivered in Q4/2016.

4. Masteri Millennium.

• Location: Ben Van Don, Ho Chi Minh City. Area: 7,302.6 m2. Scale: Twin towers with 34 floors + 3 basements, providing 650 products to the market. Construction density: Base block 50%, tower block 35%. Construction time: Q2/2016 and handed over in Q2/2018.

5. Masteri An Phu.

• Location: Front of Vo Nguyen Giap, An Khanh Ward, Ho Chi Minh City. Land area: 12,526.7 m2 Construction contractor: Coteccons. Overall construction density: 32%. Scale: includes 2 twin towers, 42 stories high. Handing over: Q1/2019.

Masteri An Phu

The Masterise Homes projects are being implemented.

1. One Central SaiGon.

• Location: Le Thi Hong Gam – Calmette – Pham Ngu Lao – Pho Duc Chinh, Saigon Ward, . Total area: 8,600 m2. Design: Arquitectonica International Corp (USA). Management and operation: The Ritz-Carlton Hotel Company, LLC (USA). Main contractor for the basement and 10-story podium: Coteccons. Scale: 6 basement levels and 48 – 55 floors, including leased offices, a hotel, and apartments in city center. Number of apartments: 214 products with areas ranging from 90 – 120 – 200 – 275 m2. Price level: Expected to be around $20,000/m2. Expected launch in Q2/2021 and completion in 2022.

Context of the One Central Saigon ProjectInspired by the image of two legendary dragons, the One Central Saigon project features four facades along Le Thi Hong Gam, Calmette, Pham Ngu Lao, and Pho Duc Chinh streets, directly opposite Ben Thanh Market, promising to become an iconic project in District 1 specifically and in Ho Chi Minh City generally. With its unique location, standard amenities, and symbolic design, the upscale values that One Central Saigon will offer to customers in the future are undeniable. Moreover, with only 214 apartments available for sale, owning a residence at One Central Saigon will not only affirm the owner's status but also serve as a valuable asset accumulation opportunity for future generations.

2. Masteri Centre Point.

• Location: Nguyen Xien Street & Phuoc Thien, Long Binh Ward. Main contractor: Coteccons. Product type: apartment buildings – commercial apartments – rental offices – shophouses. Scale: 6 hectares – 10 apartment towers. Apartment area: 5700 apartments ranging from 50 to 103m2 with 1-4 bedrooms. Financing bank: Techcombank. Started: 2020 and expected to be handed over in 2022. Selling price: 50-65 million VND/m2.

Context of Masteri Centre PointLocated in a subdivision of the Vinhomes Grand Park Project - an area that is systematically and synchronously planned as a "city within a city", the Masteri Centre Point project inherits a complete set of living amenities and has investment and business value with opportunities for breakthrough.The project by Masterise Homes is situated at the confluence of two major rivers, the Dong Nai River and the Tac River, possessing not only the potential for rapid regional connectivity but also a beautiful view overlooking the central park of 36 hectares and the expansive skyline of Saigon.

 

3. Grand Marina Saigon.

• Location: No. 2 Ton Duc Thang Street, Saigon Ward, Ho Chi Minh City; Total area: 10 hectares; Type: apartment in District 1; Scale: 3 apartment buildings including - 1 building 36 floors high - 2 buildings 47 floors high; Ownership: Vietnamese: long-term ownership; Foreigners: 50 years ownership.

Context of the Grand Marina Saigon ProjectAs available land in the city center is nearly exhausted, owning a vast 10-hectare plot along the Saigon River, next to the Ba Son subway station, Grand Marina Saigon is expected to become a unique square, a symbol of the city. The complex includes 8 towers planned with world-class infrastructure featuring: a marina, swimming pool, riverside park, sports area, office building... This is also the first luxury real estate project of Marriott International in Vietnam, contributing not only to the city's tourism sector but also opening up opportunities for asset accumulation investment and a paradise retreat for the elite along the picturesque Saigon River.