Nearly the entire final stocks were taken up within the opening morning, as Elysian continued to demonstrate the strong market appeal of one of the most notable real estate projects in Ho Chi Minh City’s eastern corridor. This result also extends Gamuda Land’s growth trajectory in Vietnam throughout 2025.
Block B achieves 96% transactions during the morning of Sales launch
The launch of Block B of the Elysian project recently drew a large number of buyers, including both investors and end-users, and quickly reached a 96% transaction rate across the entire basket within only a few hours. This is considered one of the fastest absorption events in the East this year, reflecting rising demand for products offering strong fundamentals and sustainable growth potential.
The active sales environment was driven by a transparent basket mechanism with real-time updates, allowing customers to make decisions more easily. Sales agencies reported that Elysian’s appeal comes from a combination of its strategic location, green-living design philosophy, on-schedule construction progress, and financial policies that remain uncommon in today’s market.
The project occupies a strategic position on Lo Lu Street in Long Phuoc Ward (formerly Truong Thanh Ward, Thu Duc City), at the gateway of the Saigon Hi-Tech Park — the core of Ho Chi Minh City’s research, technology and innovation ecosystem. From Elysian, residents can easily connect to Vo Nguyen Giap Boulevard (Hanoi Highway), Metro Line No. 1, Ring Road 3, Vo Chi Cong Street, and inter-regional routes toward Dong Nai. This locational advantage allows the project to benefit from ongoing infrastructure improvements and makes it a suitable choice for engineers, specialists and the growing knowledge workforce in the area.
From that locational advantage, Elysian has been developed as a “green oasis” within the city’s dynamic urban fabric. The project applies the Biophilic — or “nature-oriented” — design approach, bringing natural light, greenery and ventilation into every living space. As a result, Elysian is among the few current developments in East Ho Chi Minh City to obtain dual green certifications: LOTUS from the Vietnam Green Building Council and GreenRE — one of Malaysia’s leading green building standards.
On a total area of nearly three hectares, the high-end residential complex consists of four towers of 19–20 floors, providing 1,398 apartments, 8 shophouses and more than 40 multi-level internal amenities. Block B — the focus of the recent launch — is the most premium collection, featuring international-standard handover specifications from Floordi, Häfele, Kohler, Moen, Teka and others.
Attractive sales policies and solid legal status
Alongside product advantages, flexible sales policies played a key role in boosting performance. As one of Malaysia’s leading developers, Gamuda Land has introduced four payment schemes designed for various financial preferences.
The optimal scheme allows buyers to pay 60% within one year, divided into five progress-based installments, while the remaining 40% is settled upon handover and issuance of the home-ownership certificate, expected at the end of 2027. This option includes a 5% discount and five years of complimentary management fees — an incentive notably stronger than current market standards. Another scheme requires a total of 30% across 16 months, with the remaining 70% paid upon handover; customers choosing this option receive a 2% discount and two years of free management services.
For buyers preferring balanced cash flow, the 50–50 scheme allows equal payment before and upon handover, accompanied by a 3% discount and two years of free management. Meanwhile, the bank-financed option supports loans of up to 80% of the unit value, paired with interest support of up to 7% per year for 24 months from the developer.
Elysian’s average price — from VND72 million per square meter — is also considered competitive and rare for a high-end product in Ho Chi Minh City today. CBRE’s Q2 2025 report notes that the city’s primary average price has reached VND82 million per square meter. This positions Elysian as a notable choice for both homeowners and long-term investors, especially engineers, specialists and knowledge workers in the Saigon Hi-Tech Park.
A key factor enhancing Elysian’s attractiveness is its complete legal status, which has allowed the project to maintain on-schedule progress from the outset. In early November, Towers A & C were topped out, while Tower D has reached the 16th floor and Tower B the 18th floor. This progress indicates that the development is approaching its finishing phase and is on track for handover as committed — a significant advantage in a market where delays and legal bottlenecks remain common.
These combined factors contributed to the strong outcome of Elysian’s final launch. More broadly, this result extends Gamuda Land’s series of achievements in Vietnam in 2025, including Springville selling out its low-rise units within one month of debut, and Eaton Park reaching a 90% absorption rate in its recent final-phase release. These consecutive milestones reinforce Gamuda Land’s position as one of the leading international developers in Vietnam’s real estate market.
