Grand Marina Saigon – The world’s leading luxury real estate in Vietnam

Cái bắt tay lịch sử giữa Masterise Homes & Marriott International nhằm mang tới dự án Branded Residence (Bất động sản hàng hiêu) lớn nhất thế giới đến Việt Nam

Learn about brand real estate

North America may be the birthplace of branded real estate chains, accounting for 40% of existing assets, but Asia-Pacific is the future of the format.

According to a new report from Savills World Research, Asia-Pacific, led by Thailand and Vietnam, accounts for 23% of projects in planning or under construction.

Khu penthouse do Giorgio Armani thiết kế
The penthouse area was designed by Giorgio Armani

According to Riyan Itani, Director and Co-Leader at international development consultancy Savills, branded residences offer numerous advantages in an increasingly competitive global luxury real estate market.

He further explains: “Affluent, brand-conscious buyers are drawn to superior design, security, and exceptional service standards. For hotel operators, expanding into the residential sector enhances revenue streams through early-stage sales royalties and diversifies their portfolio alongside traditional hotel accommodation, while strengthening their competitive positioning. Developers, in turn, recognize the significant added value a prestigious brand brings in today’s dynamic global marketplace.”

Masterise Homes and Marriott International have recently signed a comprehensive and long-term strategic partnership to develop a branded residences product line in Vietnam.

As the world’s largest hotel group, Marriott International is partnering with Masterise Homes to combine the strengths and expertise of both organizations and create Vietnam’s first branded residences project—the largest Branded Residences project globally under the Marriott brand. This milestone represents a significant achievement for Vietnam’s real estate market and the region, positioning Vietnam as an emerging global luxury destination.

Concurrent with this development is the rapid rise of the wealthy class in Vietnam, creating an exceptional opportunity for affluent individuals to own “premier properties” bearing prestigious international brands, establishing their prominence not only domestically but on a global scale.

Cái bắt tay lịch sử giữa Masterise Homes & Marriott International nhằm mang tới dự án Branded Residence (Bất động sản hàng hiêu) lớn nhất thế giới đến Việt Nam
Historic partnership between Masterise Homes and Marriott International to bring the world’s largest Branded Residence project to Vietnam

The strategic partnership between Masterise Homes and Marriott International will introduce Vietnam to the most prestigious brand in Marriott’s portfolio, The Ritz-Carlton, marking its debut in the Vietnamese market. Additionally, two other distinguished product lines, Marriott and JW Marriott, will offer residents unparalleled experiences at Branded Residences. The resulting developments will become iconic landmarks with quality standards consistent with the world’s finest Branded Residences.

Ông Rajeev Menon – Chủ tịch tập đoàn Marriott International khu vực Châu Á Thái Bình Dương (không bao gồm Trung Quốc) phát biểu tại lễ ký kết
Mr. Rajeev Menon, President of Marriott International Asia Pacific (excluding China), spoke at the signing ceremony

This landmark partnership between Masterise Homes and Marriott International is poised to reshape Vietnam’s real estate landscape, accelerating the development of ultra-luxury residential offerings, attracting increased domestic and international investment, and strengthening the country’s economic position. Most significantly, it will elevate the lifestyle standards of Vietnam’s discerning clientele to world-class levels.

Ông Alexander Tatsis - Trưởng phòng Kinh tế, đại diện Lãnh Sự Quán Hoa Kỳ tại Việt Nam phát biểu tại lễ ký kết hợp tác giữa Masterise Homes & Marriott International
Mr. Alexander Tatsis, Head of Economic Department, US Consulate in Vietnam, spoke at the cooperation signing ceremony between Masterise Homes and Marriott International

From Quality of Life to Real Estate Value

Globally, the urban branded residences model has experienced remarkable growth over the past decade. The branded apartments sector has expanded by 170%, adding more than 52,000 units across 370 projects worldwide. Leading international hotel brands are now entering this segment, with Marriott International at the forefront as the world’s largest developer of branded residences, operating projects across 17 countries and territories while continuously expanding its global investment portfolio.

For the ultra-wealthy, both in Vietnam and internationally, owning a Branded Residence represents far more than a property acquisition. It serves as a personal signature on an investment and a tangible expression of accumulated wealth. Whether purchased as a primary residence, investment asset, or portfolio addition, Branded Residences carry the endorsement of the world’s most prestigious hospitality brands, guaranteeing exceptional quality and enduring value.

Commenting on this landmark partnership, Mr. Jason Turnbull, Deputy General Director and Chief Financial Officer of Masterise Homes, stated: “Masterise Homes will collaborate with Marriott International’s most prestigious brands, including Marriott, JW Marriott, and The Ritz-Carlton. This marks the first time these iconic brands have ventured into residential real estate development in Vietnam. Our projects will be designed, constructed, managed, and operated to the exacting standards of these world-class brands, offering residents the privilege of a ‘global citizen’ lifestyle—the same caliber of service and experience found in a five-star JW Marriott in London or The Ritz-Carlton in New York.”

Grand Marina Saigon – A Premier Development in a Prime Location

Grand Marina Saigon is the inaugural project born from the partnership between Masterise Homes and Marriott International. Strategically positioned in the prestigious District 1—the city’s prime location—it overlooks the historic Saigon River. The development will comprise a large-scale mixed-use complex encompassing residential, office, and commercial components.

Grand Marina

Grand Marina Saigon will be Marriott International’s largest branded residence in an urban setting globally. The project is poised to attract ultra-high-net-worth individuals not only across Vietnam but particularly throughout the Asia-Pacific region, drawing on the prestige and refined lifestyle experience synonymous with the world’s leading hospitality brands.

This prestige is central to the appeal of Branded Residences, which represent sophisticated residential communities united by shared values and refined living standards. Ownership of an internationally certified branded property elevates one’s status, enhances personal prestige, and affirms membership within the global elite—a testament to discerning taste and successful achievement.

Masterise Homes is a member of Masterise Group (formerly Thao Dien Investment) and the developer behind a distinguished portfolio of luxury residential projects under the “Masteri” brand, which have garnered considerable acclaim from discerning buyers throughout the Ho Chi Minh City market.

Masterise Group, through its luxury real estate brand Masterise, has unveiled its flagship project Masterise Thao Dien, a premium residential development. Masterise Thao Dien boasts an exceptional location, expansive scale, and significant influence on the development trajectory of Ho Chi Minh City’s eastern district.

Marriott is a diversified hospitality company renowned for its world-class hotel services and management expertise. As a globally recognized luxury brand, Marriott has implemented strategic initiatives to build customer trust and loyalty, consistently delivering exceptional experiences. The company’s distinctive Marriott logo stands as a symbol of this commitment to excellence and sophistication.

Learn more about the project: https://saigonluxury.com.vn/du-an-grand-marina-sai-gon-thuong-hieu-jw-marriot/

THE SAIGON LUXURY JOURNAL

January 16, 2021

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