Why does the Marriott apartment complex in Saigon have a rental price of up to 200 million/month?

Developed by Masterise Homes, Grand Marina, Saigon is the world’s largest luxury apartment complex of Marriott International, holding the priceless heritage values ​​of Ba Son along the Saigon River and the quintessence of the Marriott brand. Apartment at Grand Marina project Saigon, operated by Marriott, has a monthly rental price of 8.500 USD (about 200 million VND), and is still targeted by the upper class because of its “brand name” services and amenities like at a 5-star hotel.

In recent days, the banks of the Saigon River along the arterial intersection of Ton Duc Thang (District 1, Ho Chi Minh City) have become more “lighted up” when The Lake building of the Grand Marina project, Saigon was officially taken over by Marriott. Not only is it the largest Marriott branded real estate in the world today, the project also surprised many people by its… Grand Marina Saigon apartment rental price up to 200 million VND (equivalent to 8.500 USD)/month.

With an apartment rental price of 200 million VND per month, Grand Marina Saigon targets the upper class, celebrities, company owners, businessmen, CEOs of international corporations and companies… high life and the need for enjoyment. According to expert assessments, elite residents are willing to accept large payments to enjoy exclusive amenities and other values ​​of luxury apartments.

Why price? Grand Marina Saigon apartment for rent does this have this rental price? Join Saigon Luxury to decode record rental prices:

1. Unique location in the center of District 1

Grand Marina Saigon’s rental price also comes from the central location of District 1. This price is on par with many projects in the same segment in Vietnam and Southeast Asia. For example, the average rental price of a 90 m2 Executive Suite room in central 5-star hotels ranges from 10-12 million VND, in some places up to 23 million VND per night. Intercontinental Saigon’s luxury serviced apartment rental price ranges from 6.100 USD to 7.700 USD per month.

Looking at cities with similar living standards such as Bangkok (Thailand), the rental price of high-end apartments ranges from 250.000 – 350.000 baht (170-240 million VND)/month. With a cost of 200 million VND, or 8.500 USD/month for Grand Marina, Saigon, this rental rate is considered on par with other projects in Vietnam and in the region, central location in District 1, convenient to move to. neighboring districts and satellite urban areas.

With the advantage of being located right on the only remaining large-scale piece of land along the Saigon River, right in the heart of District 1, Grand Marina, Saigon inherits super-connected infrastructure: roads, urban railways (metro) and roads. Water. With 4 entrances to Ba Son underground station located in the Grand Marina area, Saigon, residents will quickly access all central or eastern areas when the metro line is completed in 2024. Marina and riverside route Sai will also be built in the near future. Grand Marina, Saigon is also considered to have rare feng shui values, in addition to the priceless historical value of the Ba Son relic located in the complex. Marriott’s largest branded real estate project is honored to be The only representative of Vietnam in the list published in early September on Singapore’s lifestyle magazine. Comparing with Grand Marina and Saigon are projects from Thailand, Singapore, Japan, Dubai, France, Italy, England, America, etc. with starting prices of nearly 9 million USD to 1 million USD/unit.

Marriott’s largest branded real estate project is honored to be the only representative of Vietnam in the list published in early September in Singapore’s lifestyle magazine. Comparing with Grand Marina and Saigon are projects from Thailand, Singapore, Japan, Dubai, France, Italy, England, America, etc. with starting prices of nearly 9 million USD to 1 million USD/unit.

2. Marriott’s “brand name” quality, amenities and services

Owning apartments in hotel-branded projects has long been a way for the rich and super-rich in the world to show their “taste”. That’s why the rental prices of these branded apartments are always at a new level, when the most “expensive” things are the 5-star service and other intangible values ​​that residents enjoy every day.

Residents of Marriott luxury apartments enjoy privileges according to international standards of this hotel group, such as door-to-door delivery of goods, mail, magazines, trash removal every day, and high-end services such as Book air tickets, golf courses, yoga instructors, fitness instructors, babysitting arrangements or babysitting services…

This apartment complex also has a lobby concierge service with a team of butlers trained according to 5-star hotel standards from Marriott. Marriott butlers receive more than 250 hours of professional training each year to provide personalized services such as menu planning, party planning, and private movie nights.

If the reception team at regular apartments only passively records information and provides services to residents when requests arise, then the Marriott housekeeping team at Grand Marina, Saigon is encouraged to cooperate. Equipped with skills and knowledge to proactively bring personalized services and experiences to residents. Eg:

• Are you passionate about the music of a famous international artist? Marriott butler will remember this and assist you in “hunting” for international tickets before the on-sale date.
• Your wedding anniversary is coming up? Marriott butlers can remember your special date and make reservations for you at a romantic restaurant before you even ask.
• Do you and your loved ones love wine? Marriott Butlers can use their connections to help you host a rare wine tasting party right at home.

With sincere understanding and care, along with knowledge and connections in the service industry, Marriott butlers provide premium concierge services that go beyond the role of an apartment receptionist. Thanks to that, every resident living at Grand Marina, Saigon can experience the quality of service at home, compared to a “5-star hotel” when every stage of management and operation is managed by Marriott’s professional housekeeping team. dedicated to implementation.

3. “100% Italian” interior of Marriott brand apartment

Lake Tower is the first Marriott branded apartment building in Vietnam, and the first tower of the Grand Marina project, Saigon handed over. The interior of the Lake building is completed 100% “from Italy”, thanks to the cooperation of IFO – a high-end interior finishing unit from Milan, Italy, including many items designed by Italian artisans. Designed and handcrafted right in Italy and imported to Vietnam. IFO also recently won the Furniture Production category at the Asia Architecture Design Awards 2023 – Asia Architecture Design Awards 2023.