Ascott's fifth property opened in Ho Chi Minh City

The new Diamond Island Luxury Residences is located in District 2, which is earmarked to become Vietnam’s new commercial and financial centre. This property offers 50 apartments for corporate lease.

According to Mark Chan, Ascott’s country general manager for Vietnam, for Diamond Island, Ascott is managing these luxury residences as corporate lease, unlike other service residences.

The main differences between corporate lease and service residences are corporate lease units comes either fully furnished or unfurnished, as some tenants may want to bring in their own furniture, and there are no or very limited housekeeping services provided.

Nevertheless, both serviced residences and corporate lease apartments offer dwellers the option of sharing spacious apartment with family or friends, ample cooking facilities, whilst having the privacy of individual bedrooms.

With the opening of Diamond Island Luxury Residences, Ascott will provide a wider range of accommodation options to cater to the different lifestyle needs of its customers. Diamond Island Luxury Residences is part of a landmark development that boasts strategic location with beautiful architecture and design.

Coupled with Ascott’s award-winning hospitality, the property will certainly cater well to high net-worth local residents, expatriates and business travellers looking for quality accommodation in Ho Chi Minh City's District 2.

Ascott currently has over 1,800 apartment units in 12 properties across four cities in the country – Ho Chi Minh City, Hanoi, Haiphong and Danang. To celebrate the opening of Diamond Island Luxury Residences, Ascott is offering special introductory monthly rates from $1,700 for one-bedroom premier apartment.