ashton-hawks-won

【Congratulation】Ashton Hawks awarded the Best Property Agency / Consultancy Hong Kong at the Asia Pacific Property Awards 2024-2025

Ashton Hawks has introduced different international property investment opportunities to worldwide investors, with the opening offices in Hong Kong, Vietnam, and Thailand to support the growing need for sourcing and managing real estate investment portfolios for valued clients.

This year, Ashton Hawks is honored to be awarded. It is highly professional and recognized in the overseas property market and the high achievement which is recognised as a mark of excellence for property professionals. Thanks again to Asia Pacific Property Awards for their affirmation and support to us. This is a great honor and encouragement for us. We will continue to work hard to provide customers with more high-quality international properties and our professional services.

 

Ashton Hawks will search for the most suitable overseas high-quality properties for you. If you have any inquiries about properties investment, rental management, and mortgage consultation, please

 

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https://wa.link/1klpcb

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salboy-office

[Manchester’s Big News] Had a fantastic time at the media briefing held at the Salboy office!

It was an enlightening and successful event, where we had the opportunity to showcase the latest project – W Residences Manchester. The energy in the room was electrifying, as top media professionals and experts gathered to learn more about the innovative developments. A special thanks to Salboy, Relentless Developments, and all the media representatives who joined us.

Come check out Manchester’s First Branded Residences at St Michael’s on 18-19 November 2023 at the Mandarin Oriental Hotel, HK.

Time: 11am (Eng) | 2pm & 4pm (Canto)

RSVP: https://bitly.ws/ZNuR

WhatsApp RSVP: https://wa.link/t309eg

📞 電話查詢:5226 1138

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invest-in-uae

【Invest in UAE】On October 25, Aldar Properties, one of the leading real estate developers in Abu Dhabi, hosted a grand and highly-anticipated event showcasing their latest and most significant property offerings. The event not only unveiled stunning properties but also provided a unique platform for property agents to explore exciting opportunities in the flourishing Abu Dhabi real estate market. Let’s dive into the highlights of this spectacular Aldar Properties event. Ashton Hawks’s agents were lucky to meet all the core members of Aldar Properties, Ms. Tracy Tutor, the famous American real estate broker and author, and Mr. Jay Shetty, the co-founder of Sama Tea.

Aldar Properties delivers exceptional properties and unparalleled investment opportunities in Abu Dhabi. From unveiling breathtaking properties to offering exclusive pre-launches and promotions, the event was a testament to Aldar’s dedication to providing innovative, sustainable, and luxurious living and working spaces.

Want to know more about the Abu Dhabi property market?

Date: 4-5 November 2023 (Sat-Sun)

Time: 12pm (Eng) | 2pm (Canto) | 4pm (Canto)

Venue: 27/F, The Park Lane Hong Kong, Causeway Bay, Hong Kong

Enquiry: 5226 1138

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Limited seats are available. By RSVP only.

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hkct-business-award-2023

【Congratulation】Ashton Hawks awarded the Outstanding Overseas Property Agency Award by Hong Kong Commercial Times Business Awards 2023

Ashton Hawks has introduced different international property investment opportunities to worldwide investors, with the opening offices in Hong Kong, Vietnam, and Thailand to support the growing need for sourcing and managing real estate investment portfolios for valued clients.

This year, Ashton Hawks is honored to be awarded the Outstanding Overseas Property Agency Award by Hong Kong Commercial Times Business Awards 2023 in September 2023. It is highly professional and recognized in the overseas property market. Thanks again to HKCT for their affirmation and support to us. This is a great honor and encouragement for us. We will continue to work hard to provide customers with more high-quality international properties and our professional services.

The winners of <HKCT Business Awards 2023> are based on the four judging criteria of enterprise growth + market competition + brand concept + professional positioning.

About the HKCT Business Awards 2023

  1. Official award website: https://hkct-awards.com/articles/59
  2. Official Facebook: https://www.facebook.com/hkct.asia
  3. Judged by an independent jury composed of several industry experts from HKCT.
  4. Judging focuses on quality, service, innovation, originality, and commitment to sustainability as overarching themes.

Ashton Hawks will search for the most suitable overseas high-quality properties for you. If you have any inquiries about properties investment, rental management, and mortgage consultation, please

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business-focus-award-2023

Ashton Hawks has introduced different international property investment opportunities to worldwide investors, with the opening offices in Hong Kong, Vietnam, and Thailand to support the growing need for sourcing and managing real estate investment portfolios for valued clients.

This year, Ashton Hawks is honored to be awarded the Outstanding Overseas Property Agency Award by Business Focus Award 2023 on May 15, 2023. It is highly professional and recognized in the overseas property market. Thanks again to Business Focus for their affirmation and support to us. This is a great honor and encouragement for us. We will continue to work hard to provide customers with more high-quality international properties and our professional services.

The winners of <Business Focus Awards 2023> are based on the four judging criteria of enterprise growth + market competition + brand concept + professional positioning.

About the Business Focus Awards 2023

  1. Official award website: https://businessfocus.io/campaign/award2022/tidbit
  2. Official Facebook: https://www.facebook.com/watch/?v=188404580775624&extid=CL-UNK-UNK-UNK-IOS_GK0T-GK1C&mibextid=2Rb1fB&ref=sharing
  3.  Judged by an independent jury composed of several industry experts from Business Focus.
  4. Judging focuses on quality, service, innovation, originality, and commitment to sustainability as overarching themes.

Ashton Hawks will search for the most suitable overseas high-quality properties for you. If you have any inquiries about properties investment, rental management, and mortgage consultation, please

whatsapp-icon

https://wa.link/1klpcb

ashton-hawks-businessfocus-award-2023
ashton-hawks-businessfocus-award-2023
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vietnam-properties
vietnam-properties

[Ming Pao News] After countries have closed their borders for more than a year, many countries have begun to clear customs. Vietnam cleared customs earlier and plans to coexist with the virus. The market predicts that Vietnam’s GDP may reach US$500 billion by the end of 2021. Against the background of world economic recovery, Vietnam’s economic growth will be boosted. When major economies sign various free trade agreements with Vietnam, as a highly open economy, Vietnam will definitely receive positive reviews in terms of investment capital flows, market expansion opportunities, and property prices by the end of 2021 and in the following years. Residential property prices in the country’s two major cities, Ho Chi Minh City and Hanoi, have peaked due to the epidemic, and investors have begun to pay attention to opportunities in other cities with cheaper property prices, such as Da Nang.

In the first half of 2021, Vietnam’s total import and export volume reached US$316.73 billion, a year-on-year increase of 32.2%, of which exports were US$157.63 billion, a year-on-year increase of 28.4%, and imports were US$159.1 billion, a year-on-year increase of 36.1%. The World Bank predicts that Vietnam’s GDP growth rate will be 6.6% in 2021, the highest level among ASEAN countries. Vietnam strives to achieve the goal of GDP growth of 6% for the whole year of 2021 and more than 7% in the next few months of 2021. .

The latest assessment results from the General Bureau of Statistics of Vietnam show that Vietnam’s economic size will reach approximately US$343 billion in 2020, with per capita GDP of US$3,521. The International Monetary Fund (IMF) believes that in terms of purchasing power, Vietnam’s economic size will reach US$1.05 trillion in 2020, with per capita GDP reaching more than US$10,000.

House prices in District 1 of Ho Chi Minh City rose 6.8% year-on-year

Ren Yihang, executive director and partner of Golden Emperor, said that amid the epidemic, the Vietnamese stock market and property market performed well, and a lot of funds remained in circulation, causing property prices in District 1 of Ho Chi Minh City to increase by nearly 6.8% year-on-year. Vietnam’s real estate market has benefited from the Sino-US trade war earlier. In addition, many of the world’s top companies have moved their production lines from China to Vietnam to diversify risks. This has led to the country’s economy still recording decent growth despite the epidemic, and the middle-class population The steady rise has stimulated the demand for high-quality housing, and property prices in Hanoi and Ho Chi Minh City have bucked the trend and “topped”.

Yam Yihang said: “This year, like Hong Kong, Vietnam’s property market has not been affected by the epidemic. On the contrary, it has bucked the trend and is improving. In the two most popular cities, Hanoi and Ho Chi Minh City, property prices in the city centers have successively exceeded their peaks, and developers have also been very aggressive in asking prices. Taking Ho Chi Minh City as an example, the current price of new luxury homes in the Financial District of District 1 and the new core business district of District 2 has reached as high as HK$10,000 per square foot, but they are still being sold out quickly.”

Da Nang plans to become a smart city by 2030

In addition to the two major cities mentioned above, more and more people are paying attention to Da Nang, the fourth largest city in central Vietnam. The city has maintained a high economic growth rate in the past five years and is expected to continue to grow at an average rate of 5% by 2030. increase. Tourist visits to Da Nang are growing at an average of 20% per year, and demand for hotels, resorts and facilities continues to grow. In addition, Da Nang has approved a smart city development plan from 2018 to 2025, and it is expected that the city will reach the status of a smart city by 2030. It is optimistic that Da Nang will have a high demand for hotels, apartments and other housing, according to Deputy Director of the Da Nang City Construction Bureau The director said that the city’s real estate industry is developing rapidly, with more than 50 real estate projects under construction in Da Nang, with more than 50,000 apartments, penthouses and villas, as well as various projects such as aparthotels, housing, office buildings and shops. .

Savills Vietnam issued a report stating that the current foreign demand for Vietnamese real estate is mainly concentrated in large cities, such as Hanoi and Ho Chi Minh City. Recently, the sales of many local off-the-plan properties have been good. In some cases, the quota for foreigners has been sold out in the early stages of launch. Not only that, recently foreign buyers have also turned to provinces and cities such as Da Nang, Nha Trang, or Quang Ninh.

Jones Lang LaSalle (JLL) issued a report stating that due to the rise of the middle class, housing demand in Vietnam has shown steady growth, and the housing market in Vietnam is expected to maintain steady growth. Many of these powerful investors prefer existing buildings. In the next few years, the demand for mid-priced apartments in the Vietnamese market will still be high because of limited supply.

Developer: Foreign investment to set up factories to stimulate housing demand

Da Nang is located in the most central coastal area of ​​Vietnam. It only takes about 1 hour and 10 minutes to fly to the two major cities of Hanoi or Ho Chi Minh City, and it takes about 2 hours to fly to Hong Kong. Da Nang’s three major industries include tourism, Manufacturing and shipping industries. Danny Nguyen, chairman of the developer Filmore Group, said: “The three major industries in Da Nang not only promote the economy, but also drive the increase in per capita income, causing the middle-class population to continue to rise in recent years. In addition, many foreign investors have set up factories there, such as LG and Fujikin. R&D bases or production lines have also been established in Da Nang, and the number of foreign employees has increased significantly, stimulating demand for high-quality housing in the center of Da Nang.”

Golden Emperor CEO Lai Yuanfang said: “Da Nang will have many large-scale infrastructure projects in the future. The most eye-catching one is the planned Da Nang to Hoi An railway, which costs US$2 billion. It is currently in the project bidding stage and will be completed after it is opened to traffic. It will consolidate Da Nang’s important position as a transportation hub in central China and attract more tourists and foreign investment.”

Filmore is now launching a new property in Da Nang, The Filmore Da Nang, which is jointly represented by Golden Emperor, Asia Bankers Club and Ashton Hawks. Pricing starts from HK$2.2 million and unit area starts from 484 square feet.

Global property market. Ming Pao reporter Long Caixia

[Long Caixia Overseas Real Estate Tips]

interview_director_mr_kingston_lai

Asia Bankers Club founder and chief executive Kingston Lai sees future potential in property markets in Ho Chi Minh City, Hanoi, New York City, Manchester – but he has reservations about London and cities in Australia.

In addition to the investment club targeting bankers and professionals, Lai also controls Ashton Hawks and Golden Emperor Properties, which aim at high net worth individuals and retail investors, respectively, for overseas real estate.

Amid a number of uncertainties, Lai reckons real estate buyers need to think twice. “But the more uncertainty people see from the trade war, the more they are interested in properties in Vietnam, where more manufacturers are expected to move from China.” He says a recent project in HCMC received an overwhelming response.

“Even if the Hong Kong property market were to fall, would flats now valued at HK$10 million plunge to HK$5 million? However, two-room apartments sized between 700 and 1,000 square feet in district 2 and 4 in HCMC cost around HK$2 million and they have the potential to rise further.”

He compares these areas to Sheung Wan, close to the central business district. Apartments further away from the CBD cost around HK$1.2 million only.

Property prices in HCMC have risen on average 15 percent a year over the past three years, compared with as much as 30 percent a year in Bangkok several years ago, says Lai. On average, there is 8 percent gross rental yield in HCMC, he says.

District 1 is the traditional CBD and district 3 is where many embassies and historical buildings are located. Investors have been looking at districts 2 and 4. Last month, the HCMC administration decided that no high-rise apartment projects in districts 1 and 3 will be approved until 2020. Lai expects supply to be even tighter.

He is also bullish on the property market in Hanoi, where Samsung, Apple and Microsoft have invested. The World Bank projected GDP growth in Vietnam to be 6.8 percent in 2018 and 6.5 percent in 2019.

Although Koreans and Japanese are the top foreign investors in Vietnam, Lai says they are not keen on buying properties, unlike Hong Kong and mainland Chinese, who can rent the flats to them. “You can compare HCMC and Hanoi with Shanghai and Beijing, respectively, but we are yet to find a Shenzhen in Vietnam,” Lai says.

Overseas people can buy property in Vietnam and sell or lease it to locals and foreigners. A 50-year leasehold ownership will be given to foreigners with renewal possibility.

When buying a property in Vietnam, investors are subject to 0.5 percent stamp duty. For rental income, they are subject to about 10 percent income tax. If they want to sell the property, 2 percent personal income tax of the selling price will be charged.

Foreigners need to have a bank account in Vietnam and need to sign the sales agreement in person. Mortgages are not available. He says the firm has helped a client to gain about 16 percent to buy and sell a property in Vietnam within a year.

Lai, a Malaysian Chinese, says it takes time to assess the political situation back home. He adds that properties in Singapore are too expensive to buy.

Investors in Thailand property should be cautious. Lai says that a studio in Bangkok near a metro station costs between HK$1 million and HK$2 million, while those costing only HK$500,000 may be in very remote areas that will be difficult to sell or rent out.

As for developed markets, Lai sees potential in New York City.

Sellers have been cutting prices there with less demand due to a tax reform that changes the mortgage interest and property tax deduction, making home ownership less attractive.

While this also applies to foreigners, Lai says some Hong Kong buyers note that the US-HK dollar peg minimizes currency risk. They expect long-term capital gain in New York City center, where there is continuing redevelopment and population growth.

Despite the interest among locals for London homes, Lai is cautious in the wake of Brexit and the high costs of investing there. He sees more potential in Manchester, which he believes could be a future London, Liverpool and Birmingham.

In Australia, Lai says banks will only provide construction financing to developers if they have sold a substantial amount of an uncompleted project. He worries some developers may struggle.

He also sees potential in Japanese real estate but the company does not have expertise there. “We only sell projects that we can manage. We sell about 1,000 units a year. We try our best to ensure customers’ properties are well-managed and can be rented out,” he says. “Selling projects by major developers is one of the ways in which we have peace of mind.”

He and his team carry out due diligence and even buy properties themselves to experience the process. Six months were spent studying the property market in Vietnam before identifying projects.

Ashton Hawks and Golden Emperor Properties serve clients with different needs.

“If you tell me HK$1 million cash is all that you have, I won’t tell you to place it all into a property in Vietnam.

“Instead, we have helped a retired customer to spend HK$500,000 to buy a condo in Thailand for his own use and the rest for his spending.

“Customers like bankers may bet on some properties in Southeast Asia and at the same time invest in London, or New York City, for long-term stable growth.”

Source: The Standard

Vietnam has developed vigorously in recent years. Although the COVID-19 epidemic and the Sino-US trade war have shaken the world, the Asian Development Bank is still optimistic that Vietnam’s GDP growth will rebound from 4.8% last year, a “V-shaped” rebound to 6.8% this year; and Singapore’s DBS Bank even predicts , by 2029, Vietnam’s economic size will surpass Singapore’s. Currently, Vietnam has signed trade agreements with more than ten countries, including China, Australia and Japan. Among them, Ho Chi Minh City not only has a superior geographical location, but also is the main driving force of Vietnam’s economy and has the advantage of developing a financial center. District 1 of Ho Chi Minh City is the heart of the city and its core business district. It is the economic, trade, financial and administrative center of Ho Chi Minh City.

Grand-Marina-Saigon

Grand Marina, Saigon is the world’s largest branded residential project managed by Marriott International, and it is also the first branded residential project in Vietnam’s dynamic real estate market. A new landmark project located in a diamond-grade location in Ho Chi Minh City, launched by Ashton Hawks for public sale in Hong Kong.

Grand Marina, Saigon, a Marriott International brand residence developed by Masterise Homes, is located on a large piece of land on the north bank of the Saigon River in District 1, Ho Chi Minh City. This large-scale development project covering an area of ​​10 hectares combines luxury residences, office buildings, commercial real estate and an 850-meter-long waterfront promenade. It will bring a new impetus to the economic and community development of Ho Chi Minh City and attract global companies and high-net-worth individuals. Attention.

Grand-Marina-Saigon

Grand Marina, Saigon combines luxury residences, offices, commercial properties and an 850-meter long seaside promenade.

Riverside mansion with excellent facilities

Grand Marina, Saigon, the first and largest branded residential project of Masterise Homes, has 8 riverside residential buildings surrounded by a beautiful park plaza. At the same time, you can enjoy the high-quality life experience and fashionable life provided by Marriott, redefining luxury and high-quality life in Vietnam.

Grand Marina, Saigon is located in the iconic area of ​​District 1 of Ho Chi Minh City. In addition to enjoying an unparalleled riverside environment advantage, the property is within easy reach of high-quality schools, restaurants, shopping strips and future subway stations, where culture, business and entertainment converge. The transportation is convenient and it fully meets the needs of middle-class and wealthy people for high-quality life.

Grand-Marina-Saigon

Grand Marina, Saigon is located in the city center at Ba Son Station, a few minutes’ walk away, and the transportation is convenient.

Surrounded by gardens and adjacent to the railway

Grand Marina, Saigon is the first hotel-branded concept residence in Vietnam. It is tailor-made in terms of facilities, services and lifestyle quality. Its ingenious design and the support of a well-known international hotel group make this high-quality project It can bring together the taste of life and the wealthy population.

The characteristic of branded residential projects is that in addition to providing high-quality life, this conceptual residence has flexibility and value in the market. Grand Marina, Saigon is located in the most ideal location in Ho Chi Minh City. It not only enjoys the vast beauty of Saigon River, but also provides high-quality facilities and services that meet the living needs of the wealthy population. At present, Vietnam’s middle-class and wealthy population continues to increase, and the demand for high-quality residences continues to rise. In addition, new supply in the region is very tight. The supply exceeds demand, which means that such brand residences will highlight their unique value.

Vietnam’s first hotel concept residential landmark

Mr. Jason Turnbull, Vice President and Chief Financial Officer of Masterise Homes, said: “Masterise Homes has always prided itself on creating impeccable and valuable real estate projects. Each project is not just a pure development real estate project, but one that can be passed down from generation to generation. A precious property passed down from generation to generation. Grand Marina, Saigon, which is comparable to a gem, was born under this purpose and vision. It is the first residential project in Vietnam with the Marriott hotel brand concept. This historic landmark Bason located on the river bank will It has become a new landmark in Vietnam and one of the iconic projects in the world. We are proud to introduce this unique project to the Hong Kong market.”

Mr. Lai Yuanfang, founder and CEO of Ashton Hawks, said: “With strong economic and trade development, Hong Kong people have a certain understanding and confidence in Vietnam’s real estate market. We believe that branded residences can definitely withstand the test of market challenges. Over time, and environmental changes, it can still maintain its true value. We are very happy to work with Masterise Homes to introduce Grand Marina, Saigon, this distinguished residence to the Hong Kong market. This is a rare opportunity. The project completely pushes luxury living to the extreme. It is the definition of high-net-worth individuals’ quality of life and asset value.”

Ashton Hawks will hold a special lecture to introduce Grand Marina, Saigon at the Hong Kong Marriott Hotel on March 27 and 28. At that time, he will comprehensively explain the impact of the growth of Vietnam’s luxury market on branded residences.

Grand-Marina-Saigon

It consists of 8 riverside residential buildings, of which “Lake Tower” is expected to provide 433 units.

Grand-Marina-Saigon

Grand Marina, Saigon is located on the banks of the Saigon River.

Grand-Marina-Saigon

The project enjoys vast and beautiful river views.

The project is located in the center of Ho Chi Minh City and is uniquely positioned to become a landmark in the district.

Vietnam has developed vigorously in recent years. Although the COVID-19 epidemic and the Sino-US trade war have shaken the world, the Asian Development Bank is still optimistic that Vietnam’s GDP growth will rebound from 4.8% last year, a “V-shaped” rebound to 6.8% this year; and Singapore’s DBS Bank even predicts , by 2029, Vietnam’s economic size will surpass Singapore’s. Currently, Vietnam has signed trade agreements with more than ten countries, including China, Australia and Japan. Among them, Ho Chi Minh City not only has a superior geographical location, but also is the main driving force of Vietnam’s economy and has the advantage of developing a financial center. District 1 of Ho Chi Minh City is the heart of the city and its core business district. It is the economic, trade, financial and administrative center of Ho Chi Minh City.

Grand-Marina-Saigon

Grand Marina, Saigon is the world’s largest branded residential project managed by Marriott International, and it is also the first branded residential project in Vietnam’s dynamic real estate market. A new landmark project located in a diamond-grade location in Ho Chi Minh City, launched by Ashton Hawks for public sale in Hong Kong.

Grand Marina, Saigon, a Marriott International brand residence developed by Masterise Homes, is located on a large piece of land on the north bank of the Saigon River in District 1, Ho Chi Minh City. This large-scale development project covering an area of ​​10 hectares combines luxury residences, office buildings, commercial real estate and an 850-meter-long waterfront promenade. It will bring a new impetus to the economic and community development of Ho Chi Minh City and attract global companies and high-net-worth individuals. Attention.

Grand-Marina-Saigon

Grand Marina, Saigon combines luxury residences, offices, commercial properties and an 850-meter long seaside promenade.

Riverside mansion with excellent facilities

Grand Marina, Saigon, the first and largest branded residential project of Masterise Homes, has 8 riverside residential buildings surrounded by a beautiful park plaza. At the same time, you can enjoy the high-quality life experience and fashionable life provided by Marriott, redefining luxury and high-quality life in Vietnam.

Grand Marina, Saigon is located in the iconic area of ​​District 1 of Ho Chi Minh City. In addition to enjoying an unparalleled riverside environment advantage, the property is within easy reach of high-quality schools, restaurants, shopping strips and future subway stations, where culture, business and entertainment converge. The transportation is convenient and it fully meets the needs of middle-class and wealthy people for high-quality life.

Grand-Marina-Saigon

Grand Marina, Saigon is located in the city center at Ba Son Station, a few minutes’ walk away, and the transportation is convenient.

Surrounded by gardens and adjacent to the railway

Grand Marina, Saigon is the first hotel-branded concept residence in Vietnam. It is tailor-made in terms of facilities, services and lifestyle quality. Its ingenious design and the support of a well-known international hotel group make this high-quality project It can bring together the taste of life and the wealthy population.

The characteristic of branded residential projects is that in addition to providing high-quality life, this conceptual residence has flexibility and value in the market. Grand Marina, Saigon is located in the most ideal location in Ho Chi Minh City. It not only enjoys the vast beauty of Saigon River, but also provides high-quality facilities and services that meet the living needs of the wealthy population. At present, Vietnam’s middle-class and wealthy population continues to increase, and the demand for high-quality residences continues to rise. In addition, new supply in the region is very tight. The supply exceeds demand, which means that such brand residences will highlight their unique value.

Grand-Marina-Saigon

Vietnam’s first hotel concept residential landmark

Mr. Jason Turnbull, Vice President and Chief Financial Officer of Masterise Homes, said: “Masterise Homes has always prided itself on creating impeccable and valuable real estate projects. Each project is not just a pure development real estate project, but one that can be passed down from generation to generation. A precious property passed down from generation to generation. Grand Marina, Saigon, which is comparable to a gem, was born under this purpose and vision. It is the first residential project in Vietnam with the Marriott hotel brand concept. This historic landmark Bason located on the river bank will It has become a new landmark in Vietnam and one of the iconic projects in the world. We are proud to introduce this unique project to the Hong Kong market.”

Mr. Lai Yuanfang, founder and CEO of Ashton Hawks, said: “With strong economic and trade development, Hong Kong people have a certain understanding and confidence in Vietnam’s real estate market. We believe that branded residences can definitely withstand the test of market challenges. Over time, and environmental changes, it can still maintain its true value. We are very happy to work with Masterise Homes to introduce Grand Marina, Saigon, this distinguished residence to the Hong Kong market. This is a rare opportunity. The project completely pushes luxury living to the extreme. It is the definition of high-net-worth individuals’ quality of life and asset value.”

Ashton Hawks will hold a special lecture to introduce Grand Marina, Saigon at the Hong Kong Marriott Hotel on March 27 and 28. At that time, he will comprehensively explain the impact of the growth of Vietnam’s luxury market on branded residences.

Grand-Marina-Saigon

It consists of 8 riverside residential buildings, of which “Lake Tower” is expected to provide 433 units.

Grand-Marina-Saigon

Grand Marina, Saigon is located on the banks of the Saigon River.

Grand-Marina-Saigon

The project enjoys vast and beautiful river views.

Grand-Marina-Saigon

The project enjoys vast and beautiful river views.

Grand-Marina-Saigon

The project is located in the center of Ho Chi Minh City and is uniquely positioned to become a landmark in the district.

Grand-Marina-Saigon

The project is located in the center of Ho Chi Minh City and is uniquely positioned to become a landmark in the district.

the-first-marriott-branded-residences-vietnam

With a thriving luxury property market and low entry prices against the background of a booming economy, not to mention its rich cultural heritage, picturesque beaches, and mouthwatering food, Vietnam is fast becoming one of Asia’s hottest destinations to visit and live.

As a steady economic outperformer in southeast Asia, Vietnam has surpassed China in its GDP growth rate. Also, CEIC and DBS economists predict that the Vietnamese economy could grow significantly in the next ten years and surpass Singapore by 2029.

While the global economic slow down has impacted countries, big and small, around the world, Vietnam has been an exception. One of the reasons is that the trade war has prompted many manufacturers to relocate to Vietnam to escape the increased tariffs. As the largest city in the country, Ho Chi Minh City stands out as an economic hub with the strongest growth potentials.

Grand Marina, Saigon

In a press conference held on March 16, Ashton Hawks introduced the world’s largest Marriott Branded Residences – Grand Marina, Saigon, a luxury property that is poised to become the most desirable and iconic residential address of the city with its unsurpassed waterfront position in Ho Chi Minh City’s District 1.

A pioneer in Vietnam of the Urban Branded Residences Concept, the development is a 10-hectare riverfront largescale, mixed-use complex with ultra-luxe residential, office and commercial properties, alongside a landmark 850-metre Waterfront Promenade. Overlooking fetching views of Saigon River will be eight resplendent residential towers rising from the tranquil shorefront.

Grand Marina, Saigon offers not only extensive amenities, tailored service and lifestyle benefits, but also an everyday access to the ultimate Marriott experience of elevated modern living. The development is Marriott International’s largest branded residence project in the world, and the company’s first foray into Vietnam’s highly vibrant branded residential market segment.

Residents can take advantage of the unparalleled access to the city’s cultural and commercial centers, with the country’s finest schools, restaurants, shopping destinations at the doorstep. The upcoming Metro link close by will put the entire city within easy reach.

Mr. Jason Turnbull, Deputy Managing Director cum Chief Financial Officer at Masterise Homes, says he is proud to introduce this one-of-a-kind project to Hong Kong as it will be Vietnam’s new icon and global landmark. “Located at the heritage landmark of Bason, the crown jewel Grand Marina, Saigon is born under the vision of creating exquisite real estate developments to impeccable standards – a legacy that can be passed on to generation after generation,” he adds.

Mr. Kingston Lai, Founder & CEO of Ashton Hawks, points out that Hong Kong is no stranger to Vietnam’s real estate market due to its phenomenal potentials. “We believe branded residences will withstand shocks and challenges and sustain their value over time,” he stresses.

“Grand Marina, Saigon is a rare opportunity that ticks all the boxes, especially for the savvy and affluent who are looking to expand their portfolio with yet another trophy asset,” Lai concludes. “We are delighted to partner with Masterise Homes to offer Grand Marina, Saigon to Hong Kong and beyond.”