A New Era in Ho Chi Minh City’s Real Estate Market
Gamuda Land, a prominent property developer from Malaysia, has once again made waves in the real estate sector with the launch of Elysian, a groundbreaking project located in eastern Ho Chi Minh City. This development marks a significant milestone for Gamuda Land as it continues to strengthen its presence in Vietnam’s dynamic real estate market.
Elysian was officially unveiled on July 27, 2025, and immediately captured the attention of both homebuyers and investors. The event drew a wide range of attendees, including individuals seeking their dream homes, seasoned investors, and sales professionals from top Vietnamese property agencies. This diverse audience highlights the project’s broad appeal and reinforces Gamuda Land’s growing reputation in the region.
Strategic Location and Competitive Advantages
Situated on Lo Lu Street in Long Phuoc Ward, Elysian is strategically positioned at the heart of the Saigon Hi-Tech Park (SHTP). This innovation hub is home to major multinational corporations such as Intel, Samsung, Nidec, and Nipro. The area attracts high-skilled talent from across Vietnam and beyond, creating a strong demand for housing that meets international standards.
Spanning 2.8 hectares, Elysian features four 21-story towers with a total of 1,398 residential units and eight shophouses. The project offers a variety of housing options, including multifunctional studios, 1- to 3-bedroom units, sky villas (penthouses), and unique Lanai and Potted Plant residences. These options cater to different lifestyles and preferences, making Elysian an attractive choice for a wide range of buyers.
Premium Amenities and Sustainable Living
Elysian is designed with a focus on sustainability and quality living. The master plan dedicates 51% of the area to landscaping, ensuring a lush, green environment. Residents can enjoy over 40 premium amenities, including a 6,800-square-meter botanical garden, 1,190 square meters of water surfaces, six multifunctional swimming pools, and an immersive rain waterfall. These features create a resort-style atmosphere in the heart of the city, offering a world-class living experience.
The project also boasts a transparent legal status and an official government-issued sales permit, which adds to its appeal. Construction is progressing steadily, with Tower A reaching the 10th floor, Towers B and D at the 3rd floor, and Tower C at the 13th floor as of July 2025. This ensures timely handover and provides buyers with confidence in the project’s timeline.
Competitive Pricing and Flexible Payment Options
One of Elysian’s key differentiators is its competitive pricing and flexible payment policies. With average pricing at VND68 million (US$2,593) per square meter, units start from just VND2.2 billion for studios or one-bedroom apartments. Two-bedroom units, starting at 68 square meters, are priced from approximately VND4.1 billion. These price points offer exceptional value in East Ho Chi Minh City, where residential prices have surged due to ongoing infrastructure upgrades.
To accommodate various buyer profiles, Gamuda Land has introduced four thoughtfully designed payment schemes. These include signing the Sales and Purchase Agreement (SPA) with a 5% deposit, extended payment terms over 1.5 years, discounts up to 5%, and complimentary management fees for up to five years. Additionally, buyers can opt for financial support from a partner bank, requiring only 20% equity while financing the remaining 80%. Interest support at 7% per annum for up to 24 months further enhances the affordability and flexibility of purchasing a unit.
Future Growth Potential
Located in the former District 9 area, Elysian is expected to see a significant surge in property value in the near future. Its strategic location within the SHTP and proximity to key transport infrastructure slated for completion by 2027 position it as a prime investment opportunity. Industry experts view Elysian as a rare high-value asset in East HCMC, offering substantial upside as infrastructure improvements drive demand.
With its innovative design, premium amenities, and competitive pricing, Elysian is set to become a focal point in East Ho Chi Minh City’s real estate market. Savvy investors have already recognized its potential, positioning themselves ahead of the anticipated price surge. As the project progresses, it is poised to deliver exceptional value and long-term growth for its residents and investors alike.