Brian Jeffrey
The recent event attracted over 2,500 people, showcasing Eaton Park as a premier symbol of opulent living and a smart investment within Vietnam’s vibrant real estate landscape.
This launch follows the remarkable success of Eaton Park’s initial phase in May, where customer interest significantly outpaced the available units, resulting in a reservation rate of two to one.
Phase 2 has seen an even greater surge in interest, with bookings outperforming available units by six times, highlighting ongoing confidence in Gamuda Land’s project vision and management.
Eaton Park is advantageously located in the expanding Thu Duc City, specifically in An Phu Ward along the busy Mai Chi Tho Boulevard.
Situated just 15 minutes from District 1, this development guarantees exceptional connectivity to the city’s key financial, commercial, and cultural districts. Covering an expansive 3.7 hectares, Eaton Park features a well-considered plan with six towers, each ranging from 29 to 39 stories tall.
With a total of 1,968 luxury apartments, alongside eight duplexes, twelve penthouses, and a selection of 52 retail outlets and 20 shophouses, the Gross Development Value exceeds $1.1 billion. Each apartment is thoughtfully crafted, featuring large windows, spacious balconies, and ceiling heights of up to 3.5 meters, ensuring a sense of airiness and peace.
The unique design of the towers incorporates asymmetrical and intertwined structures, blending seamlessly with local greenery to offer stunning views of both the city and sky. This distinctive approach illustrates Gamuda Land’s dedication to merging architectural excellence with environmental integration.
Beyond its prime location and design, Eaton Park emphasizes green living. With a construction density of only 37%, over 60% of the area is reserved for green spaces, infrastructure, and community amenities. The project includes more than 100 exclusive features designed for residents of various age groups and lifestyles.
Highlighting the amenities, Eaton Park introduces unique offerings to Ho Chi Minh City’s high-rise apartment sector, including an ice sauna, a cigar lounge, a gourmet kitchen for entertaining, and an international-standard pickleball court. Such features reflect Gamuda Land’s meticulous attention to detail and dedication to enhancing modern living.
This project is also pioneering in Vietnam by addressing the needs of content creators with dedicated spaces like a soundproof recording studio, professional studios for TikTok/YouTube, and co-working areas equipped with the latest technology, catering to the increasing demands of professionals in creative sectors.
These features transform Eaton Park from merely a housing project into a comprehensive lifestyle destination.
Gamuda Land’s sales strategy for Phase 2 highlights their aim to make luxury living more attainable. The developer provides five flexible payment plans designed to meet the varied financial requirements of potential buyers.
A notable aspect is the minimal upfront deposit of just 5%, allowing buyers to reserve their units with a small initial amount. The payment plan spans four years, requiring only 30% payment within the first two years, making the shift to homeownership more manageable.
Additionally, collaborations with local banks offer loan arrangements that cover up to 70% of the property’s cost, featuring competitive interest rates at 7% per annum and deferred principal payments for 24 months. This policy balances affordability and financial flexibility, positioning Eaton Park as one of the top investment options in Ho Chi Minh City.
The potential for property value appreciation at Eaton Park is greatly supported by its location in the rapidly developing Thu Duc City, known for attracting significant infrastructure investments and urban growth. According to a Savills report, property values in the former District 2, now part of Thu Duc City, have averaged a 12% increase annually since 2020.
This trend is projected to intensify with major infrastructure projects scheduled to be completed between 2024 and 2026. For premium developments like Eaton Park, this establishes a robust foundation for long-term value growth, attracting a diverse group of homeowners and investors seeking substantial returns.
Moreover, Eaton Park is committed to environmental sustainability, with all six towers achieving EDGE green building certification from the International Finance Corporation (IFC). This globally recognized standard underscores the project’s adherence to sustainable practices, energy efficiency, and eco-friendly construction methods.
From minimizing energy use to features that conserve water, Eaton Park represents Gamuda Land’s commitment to environmental responsibility, aligning with international sustainability standards.
Eaton Park’s outstanding features have garnered it significant recognition, including six accolades at the 2024 Vietnam Real Estate Awards. Notable awards for “Best Lifestyle Condo Development” and “Best Luxury Condo Development (HCMC)” emphasize the project’s status as a standard for excellence in Vietnam’s premium real estate market.
During the launch event, Mr. Gim Teck Yew, Deputy Chairman of Gamuda Land Vietnam, reiterated the company’s strong commitment to the Vietnamese market.
“Our international projects have consistently provided remarkable value appreciation over time. Eaton Park is no exception, offering a luxurious living space along with solid investment potential,” he remarked.
Gamuda Land plans to invest an additional $10 billion in Vietnam in the forthcoming years, indicating their confidence in the nation’s economic development and real estate opportunities.
As Gamuda Land continues to progress Vietnam’s urban landscape, Eaton Park exemplifies their vision and expertise. Merging architectural innovation, premium amenities, flexible financial options, and a dedication to sustainability, Eaton Park sets a new benchmark for modern living in Ho Chi Minh City.
With Phase 2 already achieving record interest and demand remaining strong, Eaton Park is set to continue being a symbol of luxury and opportunity in Vietnam’s flourishing property market.
