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Tiếng ViệtIn today’s article, we will learn together about special “near water” luxury real estate projects that are attracting the attention of investors nationwide and explore the different aspects of this type. this property.
If former US President Donald Trump with his classic saying about the value of real estate is determined by: “Location, location, and location”, then in the East there are also criteria in determining the value of real estate. Project selection: “First near town, second near river, third near highway” refers to the fact that an ideal house needs to be located close to a busy city, near rivers, seas or streams and finally Close to major roads where traffic connections are convenient.
For luxury real estate near the water, it is rotten Purpose of use, cost, natural factors, environment, climate and brand are factors that buyers care about.
Water is one of the five elements that make up everything in Eastern feng shui, and water is also considered a symbol of health, fortune, prosperity and good luck. Therefore, when choosing a place to live, as well as building a house, the “near water” factor is highly considered in the Eastern market in general and Vietnam in particular.
Luxury real estate is the development of high-end residential areas associated with a quality brand, including the provision of services to end users and investors. The hallmarks of a branded residence are the emphasis on design, service, premium amenities and architecture. The idea of luxury housing is said to have begun in the 1920s with the Sherry-Netherland Hotel in New York.
It was not until the 1980s, when The Four Seasons Hotel successfully sold Four Seasons Place apartments, that the prestige of brand association became significant. Hotel-branded residences, a subset of branded residences, have grown rapidly globally. These hotel-branded residences may be located within a hotel reserved for sale or the entire residence is being managed by a hotel brand for services and maintenance as well as management, lease.
In Vietnam, the only near-water real estate that mentions brand association is the Elie Sabb apartment project of Masterise Homes. Up to now, there are not many near-water real estate going in this direction.
Riverside/beach hotel brand residences took off in Asia in 1988 when Aman opened The Amanpuri – the first resort in Phuket. The private villas were initially listed for sale for less than $1 million. Today, they are valued at more than $10 million. Since 1998, more than 20 hotel-branded apartments have been introduced across Southeast Asia, about half of which are located in riverside/beach locations such as Phuket and Koh Samui in Thailand, Bali in Indonesia , Da Nang and Phu Quoc Island in Vietnam, Palawan Island in the Philippines…
It’s all thanks to the brand
Riverside/beach hotel branded properties allow residents to benefit from access to services, facilities, amenities and security. They are becoming more and more popular with investors who want to own a piece of paradise but do not use real estate full-time. These investors are attracted by the design and high-quality services associated with trusted hotel brands.
Investors appreciate the brand’s ability to manage its assets and earn a portion of its revenue. However, not only is there the benefit of earning income from the property, but there are also potential capital gains on resale. A special location combined with a good property management brand will certainly make the property more attractive and sought after, have a higher price and can be easier to resell. With branded riverside/beachside hotel apartments booming in some of the most sought-after holiday destinations. Investors expect such properties to become a vacation home and as a potentially valuable asset.
Banyan Tree, has long operated award-winning wellness-themed beach/river resorts. The brand has offered its apartments for sale at some of its resorts. International hotel brands have also begun introducing hotel-managed waterfront/beach residences to meet growing global demand. Names like Four Seasons, The Ritz Carlton, Mandarin Oriental, and even luxury fashion and jeweler, Bulgari are some prime examples of this trend.
While you can never be absolutely certain about your investments, branded waterfront/beachfront real estate, managed by hotel brands, is an investment worth making.
For Ho Chi Minh City, the “near water” factor becomes an outstanding feature in creating a difference for projects. Especially for sections of the Saigon River that bear historical marks such as the former Ba Son Port, causing the value of the project to increase significantly.
Grand Marina Saigon The world’s largest Marriott-branded residential real estate area is a project that owns a prime “near-river” location that many other projects desire. Located in the center of District 1 adjacent to the gentle Saigon River, bringing a feeling of peace and gentleness amidst the bustling city.
If riverside is not enough to satisfy the most demanding homeowners about their living standards, then certainly “floating mansions” Saigon riverside villa Inspired by Haute Couture masters, bringing fashion inspiration into the home’s living space will be able to convince even the most demanding customers at The Rivus Elie Sabb
As the first “non-hotelier” branded real estate project in the Vietnamese market, the project brings curiosity and excitement to investors when experiencing a product inspired by the designer. The famous Elie Saab successor is still something very innovative and attractive.
Each project approaches the “near-water” factor in a different way, but in general, it still aims to increase living values for the owners. The growing Vietnamese real estate market with more and more world-class projects appearing will open up more choices and the ultimate beneficiaries are still the customers.
