The inauguration of the very first Marriott Residences in Vietnam was marked with a 'grand opening' ceremony. The event was attended by executives from Masterise Homes and Marriott International, as well as distinguished representatives from the US Consulate in Vietnam and the American Chamber of Commerce.
|Executives of Marriott International and Masterise Homes at the ribbon-cutting ceremony
Lake Tower is the first residential building to be completed at Grand Marina, Saigon and is a 10-hectare development from Masterise Homes. It is slated to host the world's largest Marriott branded residential project, featuring both Marriott and JW Marriott Residences.
Previously home to the historic shipyard of Ba Son, the site occupies a highly sought after location in District 1 due to the limited availability of land for new residential projects in the city centre and is distinguished by its historical significance. The site’s heritage inspired the architectural design of the nearby Lotus Park – a landscaped public space that connects visitors to the serenity of the iconic riverside and to the cultural and commercial centres of Vietnam’s cosmopolitan heart.
Grand Marina, Saigon is situated close to the city’s vibrant downtown with its rich social tapestry, offering easy access to the city's prominent landmarks such as the Opera House, and Notre-Dame Cathedral. The Ba Son Metro Station is right on the doorstep, putting the entire city within easy reach.
Situated on the historic Ba Son shipyard site, Lake Tower is the first building to be completed at Grand Marina, Saigon
With residences ranging from one to three bedrooms, Lake Tower is equipped with the latest smart-home technology, and amenity spaces spanning three floors. The ground floor hosts the property’s grand entrance with a spectacularly appointed lobby, a tranquillity pool, and an accompanying kid’s pool, all surrounded by tropical greenery and shaded cabanas.
Level 1 includes a Kids’ Club for inspirational playtime with contemporary learning zones, a great lounge room, a quiet library lounge, a boardroom, and an 11-seat theatre with a connecting refreshment bar for social gatherings. The recreational facilities extend to the rooftop on Level 46, with a shaded 'sky pool', jacuzzi, BBQ with dining area, fitness centre, and an enviable view of Ho Chi Minh City, the river, and the Botanical Gardens.
Lake Tower's amenity spaces span three floors, including a shaded 'sky pool' on Level 46
The residences have been completed thanks to a joint effort from Masterise Homes and its extensive team of award-winning global design and construction partners including Atkins – a multinational architectural design company headquartered in London, Hirsch Bedner Associates - an American international hospitality design firm, and Mace - a global consultancy and construction firm, also headquartered in London. Every detail has undergone a meticulous review process to meet Marriott's exacting design standards.
The opening of Lake Tower showcases designs of timeless elegance, excellent construction quality, and exquisite Italian fit-outs, complemented by Marriott's wonderful hospitality and attention to detail. The residences should fulfill the discerning desires of high-net-worth individuals for strata-title real estate, elevating lifestyles by seamlessly merging the privacy of a home with the comfort and convenience of hotel-inspired services and amenities.
John Hearns, senior vice president of Global Residential Operations at Marriott International, expressed his delight, saying, “Managing branded residences offers us a unique opportunity to forge deep, personal connections with our valued residence owners. By gaining a profound understanding of each owner's specific needs and desires, we can craft a lifestyle that consistently exceeds their expectations. Our overarching mission is to inspire new, unwritten chapters in the lives of our owners, residents, and their esteemed guests. We are privileged and excited to introduce the Marriott Residences brand to the dynamic city of Ho Chi Minh and curate an enriching lifestyle experience for residence owners.”
|John Hearns, senior vice president of Global Residential Operations, Marriott International (left) and Mahdi Samhouri, deputy head of Design, deputy head of Project Development, Masterise Homes
The opening of Marriott Residences, Grand Marina Saigon underscores the credibility and capability of Masterise Homes, as it consolidates its position as one of Vietnam's leading real estate developers.
Mahdi Samhouri, deputy head of Design and deputy head of Project Development, Masterise Homes said, “Lake Tower is a testament to our commitment to bringing world-class excellence to our products and services, bringing the concept of ‘branded residences’ into reality with exceptional spaces and luxurious amenities. With Marriott Residences, Masterise Homes has not only raised the bar for real estate development but also created a new benchmark for luxury urban living. We are immensely proud to have played a pivotal role in shaping the future of Vietnam's real estate landscape.”
Following the opening of Lake Tower, the next phase for Grand Marina Saigon will be the opening of Lotus Park, followed by the topping out ceremony of Lagoon Tower and Cove Tower, both JW Marriott branded residences, and Sea Tower, which is dual branded by Marriott and JW Marriott.
|Lake Tower is the first building to open at Grand Marina Saigon and the first Marriott branded residences in Vietnam
Marriott Residences, Grand Marina Saigon and JW Marriott Residences Grand Marina Saigon are not owned, developed or sold by Marriott International, Inc. or its affiliates (Marriott). The Marriott and the JW Marriott marks are used under licence from Marriott, which has not confirmed the accuracy of the statements or representations made herein.
|Grand Marina, Saigon successfully establishes the sector of branded residences in Vietnam
The Grand Marina, Saigon has made its presence felt in the Vietnamese market since last year. Jason Turnbull, deputy managing director and CFO of project developer Masterise Homes, talked with VIR’s Ha Thuy about the biggest achievements of the ultra-luxury residential venture.
|Masterise Homes hands over first apartments in Hanoi
In the second quarter of 2023, Masterise Homes handed over the first apartments in the Miami subdivision inside the Masteri Waterfront project at the heart of the District 1 - Ocean City (Gia Lam, Hanoi).
|Masterise Homes teams up with branded furniture distributor Modale
Masterise Homes signed a cooperation agreement with the exclusive distributor for Modale on August 11, creating more value for customers. All furniture is imported from Europe, and consulting services and interior construction that is in line with international standards are available.