Marriott Residence owners in Grand Marina, Saigon receive ownership certificates
Marriott Residence owners in Grand Marina, Saigon receive ownership certificates
On June 28, Masterise Homes held a ceremony to hand over the first ownership certificates to homeowners at Marriott Residences, Grand Marina Saigon, Lake.
Marriott Residences, Grand Marina Saigon, Lake officially opened on November 20, 2023, making it the first tower to be completed in the masterplan developed by Masterise Homes. The handover ceremony of the ownership certificates, also known as pink books, confirmed the legal ownership of residence- owners, and underscored the project’s legality as well as the developer's reputation.
Grand Marina, Saigon is located at the heart of District 1, boasting an amazing view of the Saigon River, the Botanical Garden, and the city center. Its prime location is not only sought after because of easy access to the center business district but also historically significant due to 200-year history of the site which is previously the Ba Son shipyard.
Backed by Marriott, the quality of design, construction, and finishing of Marriott residences in Lake, Grand Marina, Saigon, combined by the wonderful hospitality of Marriott hosts, and a prime location in District 1, contributes to the timeless values of the residences, which is further enhanced and increased following the handover of the pink books.
Phong, one of the first customers receiving the pink books, said, “As an experienced real estate investor, I believe in the reputation of Masterise Homes and the legality of their projects. Today, receiving the pink book, I feel more confident when my assets are guaranteed on a legal basis with sustainable value over time which sets me up nicely for investment opportunities in the future.”
Marriott Residences, Grand Marina Saigon, Lake is part of a 10-hectare riverside masterplan that is poised to become a new riverside square.
It is home to branded residences, Grade A offices, a shopping mall, riverside parks, a marina, and direct access to Ba Son metro station. Grand Marina, Saigon is set to become the new iconic landmark in Ho Chi Minh City in terms of living, working, and playing. The value trajectory of the residences aligns with the milestones of the masterplan, for example the completion of Lotus Park, the topping-out of the Marina Central Tower, and the soon-to-operate metro line.
Julian Wyatt, CEO of Masterise Property Management - the company in charge of the unit handover in Marriott Residences, Grand Marina Saigon, Lake said, “2024 marks our 10-year journey in the real estate industry. The handover ceremony is a testament to our credibility and unwavering commitment to our customers over the past decade, offering products with solid legality, timeless values, and attractive investment potential."
"Notably, Grand Marina, Saigon is the first among the projects of the new era in the company’s history to have pink books issued, affirming the superiority of the branded real estate products developed by Masterise Homes in association with the world's leading brand and a solid legal basis."
Marriott Residences, Grand Marina Saigon, Lake stands 46 floors high with over 400 units from one to three bedrooms and other amenities across three floors, which are managed and operated by Marriott hosts.
During the six months since the official opening, residents have moved into the building and enjoyed life at the branded residences, recognising the lifestyle advantages of Marriott Residences.
Going forward, Masterise Homes will continue to hand over the ownership certificates to other Marriott Residence owners.
