Elysian by Gamuda Land: A Foreign Buyer’s Guide to the Lo Lu Towers
Elysian on Lo Lu street, eastern Ho Chi Minh City. Site photograph supplied by the developer.
Short answer for foreign buyers: yes, you can buy at Elysian — at a price about 6% above the domestic band. That premium is set by the developer and applied uniformly; it is not negotiated unit by unit. The 30% statutory foreign cap is counted per tower, so one tower being full does not mean the project is closed to you.
What makes Elysian unusual among Ho Chi Minh City launches is how far along it is. All four towers topped out in February 2026; by July 2026 fit-out and façade had reached level 17 and the pool structure was complete. You are looking at a real building, not a render.
Everything below is current as of August 2026.
Contents
Can foreigners buy at Elysian?
Yes. Three things you should establish before you commit:
| Question | Position as of August 2026 |
|---|---|
| Price difference | Foreign buyers pay about 6% above the domestic band. A fixed developer policy, applied uniformly |
| Quota | 30% of apartments per building under the Housing Law. Elysian has four towers, so the cap is counted per tower — ask which towers still have allocation |
| Chinese nationals | The developer had not issued a formal position at the time of writing. Confirm directly before placing a deposit |
The project and where it sits in Gamuda Land's portfolio
Gamuda Land is a Malaysian developer with a long Vietnamese track record — Celadon City and Gamuda City among the earlier projects, and Eaton Park, Artisan Park, The Meadow and Springville alongside Elysian today. Within that collection Elysian is positioned around green living, distinct from Eaton Park’s luxury framing.
The layout is four towers — A, B, C and D — each 21 storeys, sharing one basement that runs beneath all four. Level 20 in each tower is given over to penthouses (the Sky Villa line) and level 21 is roof terrace.
One point that changes how you should think about this purchase: Elysian is not a fresh launch. Tower B went on sale in November 2025 and the project is now selling remaining stock while preparing for handover. Construction risk is far lower than a new launch — but most of the price appreciation that comes with construction progress has already happened.
Location and the Lo Lu road question
Lo Lu street after widening — the project’s main access road.
The site is on Lo Lu street in the Long Phuoc – Truong Thanh area of eastern Ho Chi Minh City, bordering La Xuan Oai street to the south.
The concrete infrastructure change here happened in 2026: Lo Lu has been widened and the work is complete. That was the single worst bottleneck in the area — narrow carriageway, peak-hour congestion. For a buyer this is worth more than any number of planned schemes, because it has already changed the daily commute.
Outlooks recorded by the developer include Sen lake, the Tac river, Ring Road 3 and the Dong Tang Long urban area, with Landmark 81 visible from some aspects. Ring Road 3 is the piece with the largest medium-term effect, linking the east to Binh Duong, Dong Nai and the south without crossing the inner city.
Full unit mix and areas
Typical floor plate, tower D — unit codes and types by colour.
Elysian carries an unusually wide range for a four-tower project: from a studio under 35 m² to a Sky Villa above 330 m². Areas below are centre-line, taken from the developer’s typical floor plates.
| Group | Type code | Area (m²) |
|---|---|---|
| Studio | A1 | 36.88 |
| Studio | A1A | 34.71 |
| Studio | A1B | 43.61 |
| 1 bedroom | A2 | 48.21 |
| 1 bedroom + study | A3 | 52.64 |
| 2 bedrooms | B1 | 82.06 |
| 2 bedrooms (planter) | B1A | 82.40 |
| 2 bedrooms (planter) | B1B | 82.72 |
| 2 bedrooms | B1L | 80.12 |
| 2 bedrooms | B2 | 68.22 |
| 2 bedrooms (planter) | B3 | 77.27 |
| 2 bedrooms | B4 | 80.58 |
| 2 bedrooms (planter) | B5 | 88.67 |
| 2 bedrooms | B6 | 81.47 |
| 3 bedrooms | C1 | 100.28 |
| 3 bedrooms (planter) | C3 | 115.46 |
Typical floor plate, tower C.
Sky Villas on level 20
Level 20 floor plate in tower D, showing the five Sky Villa types.
Level 20 of each tower is reserved for the Sky Villa line — five units per tower, 18 penthouses across the whole project per the November 2025 inventory update.
| Type | Centre-line area (m²) |
|---|---|
| PH1B (Sky Villa) | 291.57 |
| PH2 (Sky Villa) | 288.62 |
| PH3 (Sky Villa) | 207.14 |
| PH4 (Sky Villa) | 332.13 |
| PH5B (Sky Villa) | 270.31 |
Sky Villas have private outdoor gardens, with balconies mostly facing south-west and entrances north-east. Carpet area runs about 4–5% below centre-line: a 207.14 m² unit corresponds to roughly 196.75 m² carpet.
Construction progress to August 2026
All four towers topped out, fit-out and façade under way.
| Element | Status |
|---|---|
| Structure | All four towers topped out since February 2026 |
| Apartment fit-out | Reached level 17 (July 2026 update) |
| Façade | Reached level 17 |
| Podium | Interior fit-out of communal amenity areas in progress |
| Swimming pool | Structure complete, surface finishing under way |
| Landscape | Infrastructure and landscape works in progress |
Fit-out works on site.
Elysian seen from above, looking towards the eastern districts.
Price and the costs around it
At the tower B release the developer published an indicative average price of about VND 72 million per square metre, measured on centre-line area and excluding VAT. The published document itself states that the figure is for reference only, not a formal commitment, and subject to change at the developer’s discretion.
Because Elysian is selling remaining inventory rather than launching a full release, the actual price of any unit depends heavily on tower, level and aspect. Only a developer-issued quotation for your specific unit code is a real number. That is the domestic band; foreign buyers add roughly 6%.
| Item | Detail |
|---|---|
| Car park space | One titled space is included with each apartment by default. It may be sub-let but not sold separately, as it is tied to the unit |
| Car park fee | About VND 400,000 per month |
| Car park management fee | About VND 400,000 per month |
| Management fee agreement | The developer has issued a separate preferential management-fee agreement, signed with the purchase documents |
| In-unit fire safety | Sprinkler head fitted above the apartment entrance door |
On payment terms, Gamuda Land runs schemes by release, including an option that spreads payment over five years with 5% at contract signing, along with discounts for progress payments, early deposits and existing Gamuda Land customers. Partner-bank interest rates are updated monthly.
Who this suits
Worth a look if you:
- Want an apartment close to handover, with a building you can inspect rather than a delivery promise.
- Need a wide choice of sizes — studios for letting, three-bedrooms for a family, in the same development.
- Work in the eastern districts or Binh Duong and benefit directly from the widened Lo Lu road and Ring Road 3.
Think carefully if you:
- Are buying for construction-stage appreciation. The towers have topped out; the easy part of that cycle is behind you.
- Want first pick. This is remaining inventory — the best levels, aspects and layouts largely have owners.
- Need to see a show unit before deciding. It closed in April 2026.
Frequently asked questions
Read next
- Eaton Park — the other Gamuda Land apartment project in Thu Duc, on the Mai Chi Tho corridor.
- Foreign buyer guide to Vietnamese property — ownership rules, the 30% cap and the paperwork.
