The Westique Residences Payment Plans and Booking Terms for Foreign Buyers

Posted by Khoi Pham on September 11, 2026

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The Westique Residences, 289 Kinh Duong Vuong, Ho Chi Minh City

Around 99 million VND per square metre, four payment routes, and a booking programme that steps down phase by phase. That is the commercial framework at The Westique Residences. This article takes it apart: what the headline price includes and excludes, how the four routes differ, and the price difference the developer applies to foreign buyers.

What the headline price does and does not include

The average price announced at kick-off was around 99 million VND per square metre. That figure only means something once you know how it is built:

It assumes the Standard payment route — pick a different route and the effective price changes.
It excludes VAT and the maintenance fund (typically 2% of the apartment value).
It is net of the sales policy, meaning the applicable discounts are already applied.
It is a project average. Higher floors with a better outlook sit above it; lower floors below.

Foreign buyers pay a different price

The Westique does sell to foreign buyers, and does so under a direct sale and purchase agreement rather than a long-term lease — which is the stronger of the two structures. The trade-off is that the developer applies a higher price to foreign buyers than to Vietnamese buyers. One exclusion applies: the project does not accept Chinese passports carrying the nine-dash line map.

The four payment routes

Route	Mechanics	Suits
Standard	Only 30% payable up to handover, discount of up to 2%	Buyers protecting cash flow, paying in step with construction
Standard Plus	A denser instalment schedule than Standard, with a better incentive in return	Buyers with steady cash flow who do not want to pay down fast
Bank financing	The bank funds most of the value, with an interest support package	Buyers using leverage and keeping capital elsewhere
Fast payment 50% – 70%	Pay 50% or 70% early for the highest discount	Cash buyers optimising the entry price

The universal rule applies here as everywhere: a discount is what the developer pays for early cash. Before taking the fast route for a bigger discount, compare that discount against what the same money would earn elsewhere over the same period. If the gap is thin, Standard is usually the safer choice because it preserves liquidity.

The Westique Residences at night, façade lighting inspired by piano keys

Booking incentives step down by phase

The booking programme is not fixed — it reduces phase by phase. Phase 1 closed at 23:59 on 25 August 2026 with a combined 2.5%:

Incentive	Phase 1 (to 25 Aug 2026)	Phase 2 (from 26 Aug 2026)
Early Bird	1.5%	1.0%
Western Saigon resident welcome	1.0%	As announced by the developer
Combined	2.5%	Below phase 1

Why the phase deadline matters more than it looks

One percentage point on a multi-billion-dong apartment is a real number, not a pressure tactic. On a unit around 4 billion VND, 1% is roughly 40 million VND — lost purely by booking a day late. If you have already decided to buy, timing the booking before the phase change is pure arithmetic.

Other discounts, and how the booking works

Bank guarantee discount: 0.5% — where the buyer takes the bank guarantee.
Bulk purchase: from 2% — for buyers taking multiple units.
Launch-day discount — announced on the launch day itself, not before.
Furniture and appliance packages vary by campaign, alongside incentives for the first group of buyers including a direct deduction from the purchase price. These change by phase, so confirm at the point of transacting.

The booking deposit is 100 million VND per booking, credited against the purchase price when a unit is confirmed. A booking secures a priority slot, not a specific unit — unit selection happens at the launch event in booking order.

Two practical safeguards

Transfer only to the account provided by the official distributor, using the exact reference format the developer requires — a wrong reference can mean the payment is not credited to you. Always insist on a confirmed booking slip. Never transfer to a salesperson's personal account under any circumstances.

Project dates

Kick-off and booking opened 11 August 2026. Official launch: 19 September 2026. Handover: expected late 2027. Savills is appointed as building manager after handover.

Frequently asked questions

How much does The Westique Residences cost?

The average price announced at kick-off was around 99 million VND per square metre, based on the Standard payment route, excluding VAT and the maintenance fund, and net of the sales policy. Individual unit prices vary by floor, aspect and layout.

What payment plans does The Westique Residences offer?

Four: Standard (only 30% payable up to handover, discount up to 2%), Standard Plus, bank financing with an interest support package, and fast payment at 50% or 70% for the largest discount.

How much is the booking deposit at The Westique Residences?

100 million VND per booking. It is credited against the purchase price when a unit is confirmed, and secures a priority slot rather than a specific apartment.

Can foreigners buy at The Westique Residences?

Yes, under a direct sale and purchase agreement rather than a long lease. The price applied to foreign buyers is higher than the local price. The project does not accept Chinese passports carrying the nine-dash line map.

When does The Westique Residences launch and complete?

Official launch is 19 September 2026, with handover expected in late 2027. Savills is appointed as building manager after handover.