The Grand Manhattan by Novaland has emerged as an ideal destination for the elite in both Vietnam and foreign countries by offering a luxury living environment at the heart of Ho Chi Minh City.
|Property Name||The Grand Manhattan|
|Property Type||Luxury condominum|
|Address||100 Co Giang Street, District 1, HCMC|
|Land Area||14.000 m2|
|Unit size||2BR: 66-70 sqm 3BR: 88-95 sqm|
|No. of Storey||38 storeys|
Multi-functional terrace: cafe, restaurant, reading area
Luxury shopping mall Park and interior landscapes with 5,000 m2
Modern and luxury lounge
Water music area
WHAT IS HOT ABOUT THE GRAND MANHATTAN?
- The Grand Manhattan’s location is prime and rare. It’s in the center of the city with easy access to all kinds of facility and service, and where there is a huge rental demand.
- Government has put strict restriction on new residential developments in CBD so there won’t be any new projects like this coming up here in the next few years. This creates the scarcity for this project.
- The Grand Manhattan’s price is currently the most competitive in CBD (from 7,400 USD/m2 before tax)
- Strategic location + Smart type of development in which 5 star hotels (2nd – 6th Floor) and exclusive residences (8th – 37th floor) are combined, offering high potential of rental yield.
- Capital appreciation of property in CBD is at least 10% -15% per year.
- Novaland is one of the strongest local developers in Vietnam. Their products are extremely well known among Vietnamese buyers. Besides, Novaland has the strongest resell team in the market, therefore, very easy to resell in the future, especially when demand is higher than supply in CBD.
- Extremely competitive promotion program for clients buying in the first launch
Amid the growing scarcity of land reserves in the city centre, The Grand Manhattan is deemed as “diamond” in the high-end residential segment. With a frontage onto Co Bac Street and Co Giang Street in the heart of District 1, The Grand Manhattan covers an area of 14,000 square metres.
- Within Central Business District and access to entertainments District 1 has to offer.
- 07 minutes to Thu Thiem urban area, District 2 (new Central Business District)
- 05 minutes to Bitexco Financial Tower
- Short distance to metro station
WHAT INVESTORS SAID ABOUT THE GRAND MANHATTAN?
Experienced Foreign Investors
Elena Goh, a property investor from Singapore, is one of the first homeowners at The Grand Manhattan. She and her husband have been following Ho Chi Minh City’s real estate market for years. At the launch of the project, they quickly made up their mind without hesitation. The main reason is that the price of high-end apartments in Ho Chi Minh City is much lower than in other markets like Hong Kong. Meanwhile, rental yields in the city can reach 4-5 per cent, compared with the 1-2 per cent in Hong Kong.
With extensive experience in property investment, Elena Goh shared, “High-end properties in Hong Kong and Singapore offer guaranteed yields. Ho Chi Minh City is an emerging market, so properties are also expected to generate high rental yields. Furthermore, I have made investment in Novaland’s projects before, so I feel assured about this new investment.”
Ly Quoc Hung, a Dutch-Vietnamese buyer, said that, “I have invested in the local market and greatly prefer the Novaland brand. As a prestigious real estate company, Novaland is renowned for handing over its projects on schedule. Moreover, The Grand Manhattan boasts a convenient parking space for its residents. Hopefully, the project will be completed as committed and create an ideal living environment for our families in Vietnam.”
Actor-cum-businessman Chi Bao is also a homeowner at The Grand Manhattan. He said that after 10 years of living in the heart of District 1, he has gained a deep understanding of property value in the area. There is a strong demand for property in District 1 among foreign experts and businessmen. With regards to projects for CEOs, average rental cost is around $2,500-2,700 per unit, but they are always in scarcity.
Speaking at the launching event of the model apartment, Tran Quang Hai Long and his family shared, “We choose The Grand Manhattan due to its prime location in District 1 with the magnificent view of Saigon River and the district neighbourhood. The model apartment with luxurious design, modern décor, airy space, and natural light will create a refined living environment for our family. Meanwhile, the smart home system will make life at The Grand Manhattan more convenient. On top of that, we expect the project will generate high yield of 25-30 per cent.”
On the same note, businesswoman Tran Trang Cam Tu from Tan Binh district said that this is a unique opportunity for her to own a property at the heart of District 1. Trang works in the export-import field, so she has many foreign partners visit her in Vietnam. The guests mainly stay at five-star hotels. Trang decided to buy The Grand Manhattan’s project to bring a more luxury living experience to her partners. This is a great way to introduce herself as well as show her hospitality to the guests.
The project boasts a myriad of five-star resort amenities, including a shopping area and a ground floor park, swimming pool, BBQ area, sun lounges, parks, and 4,200 square metres of internal landscaping. Homeowners are extended the privilege of having parking lots in the centre of District 1. The parking lots not only meet the parking demand of second-home owners, but also contribute to the added value of the project.
The Grand Manhattan proffers its residents a myriad five-star amenities
Luxury retails on 1st – 3rd floor
Located on 4th – 6th floor of the project is a 5-star International Hotel offering the first class services.
Apartments for residences 7th – 38th floor.
The privacy is assured due to private use elevators.
PAYMENT SCHEDULE + PROMOTION
- Before August 24th 2019 – Booking 2-bedroom apartment: Receive complete furniture decoration combo ~43.500 USD
- Before August 24th 2019 – Booking 3-bedroom apartment: Receive complete furniture decoration combo ~52.200 USD
- A gift of 4 night stay in Azerai Can Tho Resort
- NOVALOYALTY – Discount for member (Please contact 090.269.2826 to register)