Developed by Masterise Homes, Grand Marina Saigon is the world’s largest luxury residential complex operated by Marriott International. The project preserves the invaluable heritage of Ba Son along the Saigon River while embodying the quintessence of the Marriott brand. Apartments at the Grand Marina project in Saigon, operated by Marriott, command a monthly rental price of approximately 8,500 USD (around 200 million VND), attracting the city’s upper echelon for their signature “brand name” services and amenities comparable to those of a 5-star hotel.

The banks of the Saigon River along Ton Duc Thang Street at the arterial intersection in District 1 have recently become more prominent with the official handover of the Lake building from the Grand Marina Saigon project to Marriott. Beyond being the world’s largest Marriott residential property today, the project has captured significant attention due to its rental prices reaching 200 million VND (approximately 8,500 USD) per month.

With monthly rental rates of 200 million VND, Grand Marina Saigon targets the upper class, including celebrities, business owners, entrepreneurs, and CEOs of corporations and international companies—individuals with elevated standards of living and a preference for luxury. According to market experts, elite residents are willing to justify substantial monthly payments in exchange for exclusive amenities and the exceptional value offered by a luxury residential property.

Why does this Grand Marina Saigon apartment for rent command this price? Saigon Luxury explores the factors behind these record-setting rental rates:

1. Prime Central Location in District 1

Grand Marina Saigon’s rental pricing reflects its premium location in the heart of District 1. These rates are comparable to many projects within the same segment throughout Vietnam and Southeast Asia. For reference, the average nightly rental rate for a 90 m² Executive Suite at leading 5-star hotels in central locations ranges from 10 to 12 million VND, with some properties commanding up to 23 million VND per night. The Intercontinental Saigon’s luxury serviced apartments are priced between 6,100 and 7,700 USD per month.

Comparing rental rates with cities of similar caliber such as Bangkok, Thailand, where high-end apartments command 250,000 to 350,000 baht (170-240 million VND) per month, Grand Marina Saigon’s rental rate of 200 million VND, or approximately 8,500 USD per month, is highly competitive within Vietnam and the broader Southeast Asian market. The project’s central location in District 1 provides seamless connectivity to neighboring districts and satellite towns.

Grand Marina Saigon occupies one of the last large-scale riverside plots along the Saigon River in the heart of District 1, positioning it at the nexus of exceptional infrastructure: roads, urban rail transit (metro), and waterways. The Ba Son underground metro station, with four entrances within the Grand Marina development, will provide direct access to central and eastern districts upon completion in 2024. Additional amenities include a planned marina and riverside promenade. Beyond its infrastructure advantages, Grand Marina Saigon embodies exceptional feng shui values and preserves the historical significance of the Ba Son relic within its bounds. As Marriott’s flagship branded real estate project, it earned exclusive recognition as Vietnam’s sole representative on a prestigious list published in Singapore’s leading lifestyle magazine in early September. The project stands alongside developments from Thailand, Singapore, Japan, Dubai, France, Italy, England, and the United States, with prices ranging from nearly 1 million USD to 60 million USD per unit.

As Marriott’s flagship branded real estate project, Grand Marina Saigon earned exclusive recognition as Vietnam’s sole representative on a prestigious list published in Singapore’s leading lifestyle magazine in early September. The project stands alongside developments from Thailand, Singapore, Japan, Dubai, France, Italy, England, and the United States, with prices ranging from nearly 1 million USD to 60 million USD per unit.

2. Marriott’s Brand Excellence: Quality, Convenience, and Service

Owning residences in hotel-branded projects has long been a hallmark of refined taste among the world’s affluent and ultra-high-net-worth individuals. Consequently, rental prices for branded residences command premium positioning, driven by the exceptional value of five-star service and the intangible benefits that residents enjoy daily.

Residents of Marriott luxury apartments enjoy privileges aligned with the international standards of this prestigious hotel group, including daily door-to-door delivery, mail service, magazine subscriptions, and waste removal, as well as premium services such as airline ticket booking, golf course reservations, yoga instruction, fitness training, and childcare arrangements.

The apartment complex also features a dedicated concierge service staffed by butlers trained to the exacting standards of a 5-star Marriott hotel. Each Marriott butler undergoes more than 250 hours of professional training annually to deliver personalized services including menu planning, event coordination, and private movie evenings.

Unlike reception teams at standard apartment buildings that merely respond to requests, the Marriott housekeeping team at Grand Marina, Saigon is trained to proactively anticipate and deliver personalized services and curated experiences to residents. For example:

• Do you follow a renowned international artist? Your Marriott butler will remember your preferences and assist you in securing tickets to their performances before they go on sale.
• Is your wedding anniversary approaching? Your Marriott butler will note the occasion and arrange a reservation at an exquisite restaurant without you needing to ask.
• Are you a wine enthusiast? The Marriott Butler can leverage his extensive connections to arrange an exclusive wine tasting experience in the comfort of your home.

With a genuine commitment to excellence and a wealth of connections within the hospitality industry, Marriott butlers provide premium concierge services that transcend the traditional apartment management role. This ensures that every resident at Grand Marina, Saigon enjoys a level of service comparable to a five-star hotel, supported by Marriott’s dedicated professional housekeeping team throughout every aspect of property management and operations.

3. “100% Italian” Interior Design at Marriott’s Luxury Apartments

Lake Tower is Vietnam’s first Marriott-branded residential tower and the inaugural tower of the Grand Marina, Saigon development. The Lake Tower interiors are finished entirely “in the Italian style,” in collaboration with IFO, a premier interior finishing firm based in Milan, Italy. Many elements have been thoughtfully designed and handcrafted by Italian artisans in Italy before being imported to Vietnam. IFO recently earned recognition in the Furniture Production category at the Asia Architecture Design Awards 2023.

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SAIGON LUXURY SALES OFFICE CONTACT

• Phone: 0918.195.449 Ms. Nhi
• Project Information: https://saigonluxury.com.vn/en/grand-marina-sai-gon-2/
• Rental Listings: https://saigonluxury.com.vn/en/for-sale/apartments/cho-thue/can-ho-chung-cu/marriott-residences-tai-grand-marina-saigon/
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