According to Masterise Homes, all Ritz-Carlton Hanoi luxury apartments for the Vietnamese market have already been owned, on the first day of sale, October 23.
As planned, the opening ceremony of the first phase of the project will take place until October 24. But right at the first sale on October 23, all apartments for the domestic market have found owners. The project developer – Masterise Homes has sent a letter to cancel the second day of sale because it is out of stock earlier than expected.
The specific selling price is not disclosed, however, according to Masterise Homes, the Ritz-Carlton, Hanoi apartment is comparable to the price of the Ritz-Carlton luxury apartment in international markets such as Singapore. Customers of apartment owners in the project mainly come from Hanoi and many other groups of investors – who love living space in the old quarter area of Hanoi.
Ritz-Carlton, Hanoi branded apartments are located in a prime location on Hang Bai Street, Hoan Kiem District, Hanoi. This is also the second Marriott branded apartment complex in Vietnam. The first project, Grand Marina, Saigon under the JW Marriott and Marriott Hotels brands was announced earlier this year.
The project design is inspired by the French architectural style of the old town with traditional hand-crafted details and typical images of Hanoi, harmoniously keeping the elegance from the legendary brand The Ritz-Carlton and the Vietnamese culture. culture of a capital of a thousand years of civilization. The total number of apartments in the project is 104 units, of which 70% are for sale in Vietnam, the rest Masterise will open for sale in Europe and the Middle East.
Speaking at the event, Mr. Gibran Bukhri, Sales Director of Masterise Homes said, with the luxury real estate segment, besides the group of customers who are investors, there is also a group of potential customers who are foreign investors. love and loyal to the brand, want to own products from that brand as a collection. Enterprises see potential from both domestic and foreign customer groups. They include both Ritz-Carlton brand lovers and investors interested in investing in the Vietnamese real estate market.
“Ritz-Carlton is one of the world’s most famous brands, which instills confidence in customers about the quality and values of the project, wherever they are,” said Gibran Bukhri.
According to Ms. Duong Thuy Dung, Senior Director of CBRE Vietnam, in the past 5 years, the taste of high-income people has changed. They have the need to enjoy, bring high-class resorts to their home. During the day, they are busy, at night they can rest and enjoy to regenerate energy in the houses with many international 5-star services. That makes the real estate market in Vietnam is witnessing a sharp shift in demand to the high-end segment, typically the luxury real estate segment.
The Ritz-Carlton, Hanoi luxury apartment complex is developed based on the cooperation between Masterise Homes and Marriott International. When completed, this will be the first Ritz-Carlton branded real estate project in Vietnam and the fifth branded real estate product of this legendary brand in the Asia Pacific region (after Singapore). , Bangkok – Thailand, Colombo – Sri Lanka and Kuala Lumpur – Malaysia).
According to a representative of Masterise Homes, the Ritz-Carlton, Hanoi luxury apartment complex will bring owners a worthy life value, associated with the 100-year legend of the gold standard in the service industry. All customers at the Ritz-Carlton hotel or apartment complex are cared for and served according to a special process, ensuring high privacy and security, while providing customers with comfort and convenience. .
In addition to the value of services, utilities and living space, Ritz-Carlton branded real estate also has a collectible value like limited edition branded goods.