Gamuda Land advances winning streak with Elysian

Gamuda Land advances winning streak with Elysian

Following the impressive launch of Springville in Nhon Trach, Dong Nai province earlier this quarter, Elysian is the latest success driving Gamuda Land’s continued momentum in southern Vietnam’s real estate market in 2025.

Malaysia’s leading property developer launched Elysian on July 27, a pioneering environmental, social and governance (ESG)-driven real estate project located in East Ho Chi Minh City. The development offers an elevated green lifestyle alongside strong investment potential, quickly capturing market attention.

The launch event attracted diverse attendees of individual homebuyers, seasoned investors, and sales professionals from Vietnam’s top property distribution agencies, further reinforcing Elysian’s broad appeal and Gamuda Land’s growing reputation in the region.

Elysian draws strong interest from both homebuyers and investors at its official launch event on the morning of July 27

With its distinct competitive advantages, Elysian affirms the growing demand for high-quality real estate products, professionally planned and developed by a renowned team of local and international professionals.

Strategically located on Lo Lu street, Long Phuoc ward, Ho Chi Minh City (formerly part of Thu Duc city), Elysian sits at the heart of Saigon Hi-Tech Park (SHTP), home to many multinational corporations and global tech giants such as Intel, Samsung, Nidec, and Nipro. This burgeoning innovation hub has become a magnet for high-skilled talent from across Vietnam and beyond, fuelling robust demand for internationally standardised housing.

Spanning 2.8 hectares, the development comprises four 21-storey towers, with 1,400 residential units and eight shophouses. The diverse product mix includes multifunctional studios to 1-3 bedroom units, sky villas (penthouses), and a signature collection of Lanai and Potted Plant residences.

The Elysian high-end apartments complex features over 40 premium amenities, a 6,800 square metre botanical landscape, and 1,190 sq.m of water

With an innovative master-plan and 51 per cent of its total area dedicated to landscaping, Elysian integrates more than 40 premium amenities designed to create a world-class, sustainable living environment, tailored to meet the lifestyle expectations of a discerning residential community.

Notable highlights include a 6,800 sq.m botanical garden, 1,190 sq.m of water features, six multifunctional swimming pools, and an immersive rain waterfall, creating a lush, resort-style environment in the heart of the city.

The recent launch event has positioned Elysian as a focal point in East Ho Chi Minh City’s real estate market in early Q3. It is currently one of the few projects in former Thu Duc city’s area having transparent legal status and official government-issued sales permit.

Thanks to strong legal certainty, construction is progressing at a strong pace to ensure timely handover to buyers. As of July, Tower A has reached the 10^th floor, Towers B and D have reached the 3^rd floor, and Tower C has progressed to the 13^th floor.

While Elysian stands out for its groundbreaking master planning, premium amenities, and refined architectural details, it is the competitive pricing and flexible payment policies that truly set it apart in the market, making it a compelling choice for both discerning homeowners and savvy investors. These decisive factors prompted strong purchasing interest during the launch event, with many attendees making immediate deposits.

With average pricing at VND 68 million ($1,720) per sq.m, units start from just VND 2.2 billion ($88,000) for a studio or one-bedroom apartment. Two-bedroom units (from 68 sq.m) are priced from approximately VND 4.1 billion ($164,000).

These price points represent rare value in East Ho Chi Minh City, where residential prices have surged amid ongoing infrastructure upgrades. According to CBRE’s Q2 market report, the average selling price of apartments in this corridor has climbed to VND 82 million ($3,280) per sq.m, further underscoring Elysian’s competitive edge.

Building on that advantage, Gamuda Land offers four thoughtfully designed payment schemes to suit a range of buyer profiles.

These include signing a sales and purchase agreement (SPA) with just a 5 per cent deposit, a stretched payment timeline over 1.5 years until the expected handover in 2027, discounts of up to 5 per cent, and complimentary management fees for up to five years.

Specifically, if the payment schedule is divided into two phases, with the first phase covering payments before handover and the second phase covering payments during and after handover, then the first three options correspond to payment ratios of 60-40 per cent, 30-70 per cent, and 50-50 per cent, respectively. These plans come with respective discounts of 5 per cent, 2 per cent, and 3 per cent.

The final option, considered the most flexible, leverages financial support: customers need only 20 per cent equity, while the remaining 80 per cent is financed by a partner bank. Additionally, buyers benefit from interest support at 7 per cent per annum for up to 24 months from the date of first disbursement. This suite of incentives not only lowers the barrier to entry for homeownership but also provides investors with flexible capital management options, especially attractive in a rising-price environment.

Given this combination of strategic advantages, especially with its strategic location at the heart of the SHTP and surrounded by key transport infrastructure set to be completed by 2027, Elysian holds strong growth potential.

Industry experts see it as a rare high-value asset in East Ho Chi Minh City, offering a significant upside as infrastructure improvements continue to drive demand. Seizing the opportunity, seasoned investors have already made their move, positioning themselves ahead of the anticipated price surge.

VIR