Norton Park Price and Payment Plans 2026: ≈ VND 66m/m², Five Schedules and a 75% Bank Loan
Gamuda Land released the Norton Park sales policy in October 2026 for the first precinct, Pulse Forest: an indicative price of around VND 66 million per m² (roughly US$2,500), measured on gross area to the wall centrelines. That is the price after the standard-plan discount, excluding VAT and the maintenance fee. Buyers choose one of five payment plans with discounts from 1% to 10%; there is a bank-loan plan covering up to 75% with interest support, a 1% early-booking offer, and total discounts of up to 14%. The sale and purchase agreement (SPA) is expected to be signed from December 2026, with handover expected in September 2029.
This guide goes further than the summary in the Norton Park overview: what a 72.46 m² two-bedroom costs in total with VAT and the maintenance fee (about VND 5.36 billion), what VND 66 million per m² means in usable area, which instalments each plan contains and how much each one is per VND 1 billion of the price, how much you will have paid at the end of each year, how the loan plan works, and which costs sit on top of the price.
Table of Contents
Norton Park price: VND 66 million per m² gross, about VND 70–73 million per m² usable
The developer’s figure is an indicative price of around VND 66 million per m². Three things matter when you use it:
- It is per m² of gross area, measured to the wall centrelines — the “Gross” column in the layout table. Usable (net) area, which is also the area on the ownership certificate, is about 7–10% smaller.
- It already includes the 5% standard-plan discount. Another plan carries a different discount, so the price you pay for the same unit changes (see the conversion table below).
- VAT and the 2% maintenance fee come on top, and unit prices vary by tower, floor and view.
Many projects quote prices per m² of usable area, so compare like with like. The table converts VND 66 million per m² gross into a usable-area equivalent for typical Pulse Forest layouts:
| Type | Layout | Gross (m²) | Usable (m²) | Equivalent per m² usable* |
|---|---|---|---|---|
| Studio | ST1.1a | 42.12 | 38.13 | ≈ VND 72.9m |
| 1BR+ | A1.1a | 50.65 | 46.57 | ≈ VND 71.8m |
| 2BR | B1.3a | 72.46 | 66.80 | ≈ VND 71.6m |
| 2BR | B5.1a | 66.38 | 60.95 | ≈ VND 71.9m |
| 2BR+ | B2.2a | 87.20 | 80.00 | ≈ VND 71.9m |
| 3BR | C2.1a | 106.82 | 99.78 | ≈ VND 70.7m |
| 3BR | C4.1a | 113.65 | 106.54 | ≈ VND 70.4m |
* Realtique estimate = VND 66m × gross ÷ usable area; areas from Gamuda Land’s training materials of 6 October 2026. Smaller units carry more wall per m², so their usable-area equivalent is slightly higher.
All 14 standard layouts, the garden apartments and duplexes, with both areas, are in Norton Park unit layouts. The private gardens of the garden apartments are not included in the sale and purchase agreement.
Worked example: what a 72.46 m² two-bedroom costs, and when
A price per m² is easy to quote; what a buyer needs is how much one specific unit costs and when each payment falls. Realtique took the most common two-bedroom in the Pulse Forest precinct, layout B1.3a (72.46 m² gross, 66.80 m² usable, in all three towers), on the standard plan, and added the full 10% VAT and the 2% maintenance fee: a unit price of about VND 4.782 billion and a total outlay of about VND 5.356 billion (roughly US$200,000).
Price VND 4.782bn + 10% VAT + 2% maintenance fee · standard plan
Each payment = share × price including VAT; the 2% maintenance fee is paid with the handover instalment. VAT is budgeted at a full 10%. Dates are Realtique estimates from the expected SPA signing in December 2026. Amounts rounded.
How to read it: each payment is the plan’s share of the VAT-inclusive price; the maintenance fee (about VND 95.6 million) is paid with the handover instalment. All of 2027 comes to only about VND 421 million, roughly VND 35 million a month; from mid-2028 each quarter rises to 5%, then 10% in the first two payments of 2029. The largest payment, 35% plus the maintenance fee (about VND 1.94 billion), falls at handover in September 2029.
The same unit on the fast-payment plan (10% discount, about VND 62.5 million per m²) totals about VND 5.07 billion including VAT and the maintenance fee, roughly VND 280 million less than the standard plan (estimate). VAT is budgeted here at a full 10%; in practice VAT on apartments applies to the price after the land-use fee, so it can be lower. For a sheet like this on another unit, floor or plan, Realtique will run it for the exact unit you choose.
Five Norton Park payment plans and the price under each
All five plans share two milestones: SPA signing expected in December 2026 and handover expected in September 2029, with a final 5% due on the pink book. They differ in the share paid at signing, the rhythm of payments during construction and the discount. The infographic below puts all five on one timeline; tap it to enlarge.
| Payment plan | At SPA | Number of payments | Paid before handover | Discount | Equivalent price (gross)** |
|---|---|---|---|---|---|
| 1. Standard | 15% | 13 | 60% | 5% | ≈ VND 66.0m/m² |
| 2. 10% at SPA – 10 instalments | 10% | 10 | 60% | 1% | ≈ VND 68.8m/m² |
| 3. 10% at SPA – every six months | 10% | 8 | 65% | 2% | ≈ VND 68.1m/m² |
| 4. Fast payment | 15% | 6 | 70% | 10% | ≈ VND 62.5m/m² |
| 5. Bank loan | 10% (own funds) | You pay 3 times | 70% (you 10% + bank 60%) | Interest support | No separate discount announced |
** Realtique estimate for comparing plans: 66 ÷ 0.95 × (1 − plan discount), assuming every discount applies to the same base price (about VND 69.5m per m²) and excluding the 1% early-booking offer. The actual method follows the written policy and each unit’s price list.
In short: fast payment works out about VND 3.5 million per m² cheaper than the standard plan (estimate) in exchange for paying about 70% within nine months. The two 10%-at-SPA plans ease the cash needed at signing but cost about VND 2–3 million per m² more than the standard plan.
Cash flow: how much will you have paid each year?
The table adds up the share paid at each milestone, counting from SPA signing in December 2026. For the loan plan the figures are your own funds; the bank disburses the rest.
| Plan | At SPA (Dec 2026) | End of 2027 | End of 2028 | Before handover | Handover (Sep 2029) | Pink book |
|---|---|---|---|---|---|---|
| 1. Standard | 15% | 23% | 40% | 60% | 95% | 100% |
| 2. 10 instalments | 10% | 20% | 40% | 60% | 95% | 100% |
| 3. Every six months | 10% | 20% | 50% | 65% | 95% | 100% |
| 4. Fast payment | 15% | 70% | 70% | 70% | 95% | 100% |
| 5. Bank loan (own funds) | 10% | 10% | 10% | 10% | 20% | 25% |
Three things stand out: the standard and ten-instalment plans both reach about 40% after two years, as the developer says, and differ only at signing; the every-six-months plan is light in year one but stacks three 15% payments into 2028–2029; and on the loan plan your own money stays at 10% until handover.
Each payment plan in detail
The dates below are counted from the expected SPA signing in December 2026 using the developer’s announced rhythm; the exact dates are in each unit’s SPA. The “per VND 1bn” column lets you scale quickly to the unit you choose.
Plan 1 — Standard: 5% discount, every three months
This is the plan Gamuda Land uses to quote VND 66 million per m². 15% at SPA signing, then one small payment each quarter: five of 2%, three of 5% and two of 10%. Suits: owner-occupiers with a regular income who want small, frequent payments during construction.
| Payment | When (expected) | Share | Per VND 1bn of price | Cumulative |
|---|---|---|---|---|
| SPA signing | Dec 2026 | 15% | VND 150m | 15% |
| Payment 2 | Mar 2027 | 2% | VND 20m | 17% |
| Payment 3 | Jun 2027 | 2% | VND 20m | 19% |
| Payment 4 | Sep 2027 | 2% | VND 20m | 21% |
| Payment 5 | Dec 2027 | 2% | VND 20m | 23% |
| Payment 6 | Mar 2028 | 2% | VND 20m | 25% |
| Payment 7 | Jun 2028 | 5% | VND 50m | 30% |
| Payment 8 | Sep 2028 | 5% | VND 50m | 35% |
| Payment 9 | Dec 2028 | 5% | VND 50m | 40% |
| Payment 10 | Mar 2029 | 10% | VND 100m | 50% |
| Payment 11 | Jun 2029 | 10% | VND 100m | 60% |
| Handover | Sep 2029 | 35% | VND 350m | 95% |
| Pink book | After handover | 5% | VND 50m | 100% |
Plan 2 — 10% at SPA, ten instalments: 1% discount
Ten payments and only 10% at SPA signing. Two payments of 5% in the first year, then one each quarter. Suits: buyers who want to keep cash at signing but still pay on a steady rhythm; the trade-off is the smallest discount of the five.
| Payment | When (expected) | Share | Per VND 1bn of price | Cumulative |
|---|---|---|---|---|
| SPA signing | Dec 2026 | 10% | VND 100m | 10% |
| Payment 2 | Jun 2027 | 5% | VND 50m | 15% |
| Payment 3 | Dec 2027 | 5% | VND 50m | 20% |
| Payment 4 | Jun 2028 | 5% | VND 50m | 25% |
| Payment 5 | Sep 2028 | 5% | VND 50m | 30% |
| Payment 6 | Dec 2028 | 10% | VND 100m | 40% |
| Payment 7 | Mar 2029 | 10% | VND 100m | 50% |
| Payment 8 | Jun 2029 | 10% | VND 100m | 60% |
| Handover | Sep 2029 | 35% | VND 350m | 95% |
| Pink book | After handover | 5% | VND 50m | 100% |
Plan 3 — 10% at SPA, every six months: 2% discount
One payment every six months — eight in total, counting signing, handover and the pink book. Suits: buyers whose money arrives in cycles (bonuses, dividends, rent from another property) and overseas Vietnamese who need time to move funds into Vietnam. Note the three consecutive 15% payments from mid-2028.
| Payment | When (expected) | Share | Per VND 1bn of price | Cumulative |
|---|---|---|---|---|
| SPA signing | Dec 2026 | 10% | VND 100m | 10% |
| Payment 2 | Jun 2027 | 5% | VND 50m | 15% |
| Payment 3 | Dec 2027 | 5% | VND 50m | 20% |
| Payment 4 | Jun 2028 | 15% | VND 150m | 35% |
| Payment 5 | Dec 2028 | 15% | VND 150m | 50% |
| Payment 6 | Jun 2029 | 15% | VND 150m | 65% |
| Handover | Sep 2029 | 30% | VND 300m | 95% |
| Pink book | After handover | 5% | VND 50m | 100% |
Plan 4 — Fast payment: 10% discount
About 70% of the price within the first nine months, then nothing until you get the keys. It carries the largest discount, double the standard plan. Suits: buyers with cash on hand who want the lowest entry price and no leverage.
| Payment | When (expected) | Share | Per VND 1bn of price | Cumulative |
|---|---|---|---|---|
| SPA signing | Dec 2026 | 15% | VND 150m | 15% |
| Payment 2 | Mar 2027 | 20% | VND 200m | 35% |
| Payment 3 | Jun 2027 | 20% | VND 200m | 55% |
| Payment 4 | Sep 2027 | 15% | VND 150m | 70% |
| Handover | Sep 2029 | 25% | VND 250m | 95% |
| Pink book | After handover | 5% | VND 50m | 100% |
Plan 5 — Bank loan: 10% own funds, the bank disburses up to 75%
The loan plan keeps your initial outlay to 10% at SPA signing. About nine months later the bank disburses three tranches of 20%, three months apart; at handover the bank disburses a further 15% and you pay 10%; the final 5% is due on the pink book. The loan covers up to 75%, and you pay 25% yourself.
| Payment | When (expected) | You pay | Bank disburses | Cumulative (you / bank) |
|---|---|---|---|---|
| SPA signing | Dec 2026 | 10% (VND 100m per 1bn) | — | 10% / 0% |
| Disbursement 1 | Sep 2027 | — | 20% | 10% / 20% |
| Disbursement 2 | Dec 2027 | — | 20% | 10% / 40% |
| Disbursement 3 | Mar 2028 | — | 20% | 10% / 60% |
| Handover | Sep 2029 | 10% (VND 100m per 1bn) | 15% | 20% / 75% |
| Pink book | After handover | 5% (VND 50m per 1bn) | — | 25% / 75% |
The developer offers interest support of up to 10% for 24 months. The details — how the support is calculated, any principal grace period and the partner banks — will be published later; Realtique will share them as soon as they are issued. One observation on timing: if the 24 months run from the first disbursement (expected September 2027), the support period reaches roughly the expected handover in September 2029, covering almost the whole construction period. Check this in the written policy before choosing the plan.
After the support period the loan moves to the bank’s floating rate; for current rate levels see high loan interest rates in Vietnam (2026). Vietnamese bank loans generally require identity documents, proof of income and the SPA; foreigners and overseas Vietnamese without Vietnamese citizenship should confirm eligibility with the bank first.
Early-booking offer of 1% and a total discount of up to 14%
On top of the plan discounts, Norton Park has an early-booking offer: each buyer can hold up to two bookings, and when a booking converts into a purchase the buyer receives a 1% discount taken straight off the SPA price. According to the developer, depending on the payment plan and accompanying offers, the total discount can reach 14%; further offers are to be announced.
In other words, the plan discounts (1–10%) and the early-booking 1% are confirmed; the gap up to the 14% ceiling comes from offers the developer will announce later. Realtique will update this guide when the documents are issued.
Costs on top of the apartment price
- Value-added tax (VAT): usually shown separately on the price list. For apartments, 10% VAT applies to the price after deducting the land-use fee, so it is normally less than 10% of the total price.
- Maintenance fund: 2% of the price by law, usually paid before or at handover.
- Registration fee: 0.5% of the assessed value, paid when the pink book is issued.
- Management fee: not yet announced; it will be set out in the SPA and the building management rules.
- Loan interest after the support period, if you choose the loan plan.
Which plan should you choose?
| If you… | Look first at | Why |
|---|---|---|
| Have the cash and want the lowest price | 4. Fast payment | 10% off; about 70% paid within nine months, then wait for the keys |
| Are buying to live in, with a regular income | 1. Standard | One small payment a quarter (2% in year one), 5% off |
| Want to keep cash at signing but pay steadily | 2. 10 instalments | Only 10% at signing, two payments in year one |
| Receive money in cycles, or live abroad | 3. Every six months | One payment every six months, 2% off |
| Want to use bank leverage | 5. Bank loan | 10% own funds until handover, developer interest support |
If you are torn between two plans, the fairest comparison is to run both on the same unit: Realtique can send a month-by-month cash-flow sheet for the unit you choose, with every instalment and the expected total cost.
Buying Norton Park step by step: from booking to pink book
- Booking: up to two bookings per buyer — the condition for the 1% early-booking offer.
- Choose a unit and pay the deposit as announced by the developer at the sales release.
- Sign the SPA (expected from December 2026) and pick one of the five plans; pay the first 10% or 15%. If borrowing, the bank appraises your file at this stage.
- Pay by the schedule during construction (or the bank disburses on the loan plan).
- Handover expected in September 2029, with basic finishes.
- Pink book: pay the final 5% and the registration fee.
Foreign buyers and overseas Vietnamese
The October 2026 sales policy does not yet include a foreign-ownership quota for Norton Park. Gamuda Land’s Eaton Park and Elysian both opened the 30%-per-tower quota, so this is a point to wait for in writing; the rules are explained in Vietnam’s 30% foreign ownership quota. Overseas Vietnamese who hold Vietnamese citizenship buy as local citizens and can use all five plans; the every-six-months plan usually suits buyers abroad best, since funds only need to be moved twice a year. If you have Vietnamese roots but not the passport, see how Viet Kieu can apply for Vietnamese citizenship.
Frequently Asked Questions About the Norton Park Sales Policy
How much does Norton Park cost?
Under the sales policy Gamuda Land released in October 2026, the indicative price is around VND 66 million per m² (roughly US$2,500) of gross area. That is after the standard-plan discount and excludes VAT and the maintenance fee; unit prices vary by tower, floor, view and payment plan.
How much is a two-bedroom at Norton Park?
Taking layout 2BR B1.3a (72.46 m² gross, 66.80 m² usable) at the indicative VND 66 million per m², the unit price is about VND 4.782 billion before VAT; adding 10% VAT and the 2% maintenance fee brings the total to about VND 5.356 billion on the standard plan, or about VND 5.07 billion on the fast-payment plan (Realtique estimate).
Is the Norton Park price per m² gross or usable area?
Gross area, measured to the wall centrelines. Converted to usable (net) area, it is about VND 70–73 million per m² depending on the layout (Realtique estimate), because gross area is about 7–10% larger than usable area.
How many payment plans does Norton Park have?
Five: standard (15% at SPA, then every three months, 5% discount); 10% at SPA in ten instalments (1% discount); 10% at SPA then every six months (2% discount); fast payment (about 70% within nine months, 10% discount); and a bank-loan plan (10% own funds, the bank disburses up to 75%).
Which Norton Park payment plan has the biggest discount?
Fast payment, at 10%: 15% at SPA, then 20%, 20% and 15% every three months, 25% at handover and 5% on the pink book. By Realtique’s estimate that is about VND 62.5 million per m² gross, roughly VND 3.5 million per m² below the standard plan.
Can I get a bank loan for Norton Park?
Yes. On the loan plan you pay 10% at SPA signing; the bank disburses three tranches of 20% (expected September 2027, December 2027 and March 2028) and 15% at handover, up to 75% in total. The developer offers interest support of up to 10% for 24 months; partner banks will be announced. Buyers without Vietnamese citizenship should confirm eligibility with the bank.
When is the SPA signed and when is handover?
SPA signing is expected from December 2026, and handover is expected in September 2029 with basic finishes.
What is the Norton Park early-booking offer?
Each buyer can hold up to two bookings; when a booking converts into a purchase, 1% is taken off the SPA price. The total discount can reach 14% depending on the plan and accompanying offers.
What costs are there on top of the price?
VAT (usually shown separately), the 2% maintenance fund, a 0.5% registration fee when the pink book is issued, a management fee (not yet announced) and, on the loan plan, interest after the support period.
⚠️ Please note: the price of around VND 66 million per m², instalment percentages, discounts and dates follow the sales policy Gamuda Land released in October 2026; they are indicative and may change. Instalment dates, usable-area equivalents and per-plan prices are Realtique estimates for comparison. Loan terms and interest support follow the developer’s and banks’ documents at the time of purchase. This article is not investment or legal advice.
Get Norton Park unit prices and a payment schedule for the unit you choose
Leave your name and email and a Realtique advisor will reply within two working hours with the Pulse Forest unit list, unit prices under each of the five payment plans, the bank-loan option and — for foreign and overseas Vietnamese buyers — exactly what title you can hold. Hotline / WhatsApp: 0866 810 689
