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Celesta Rise, Essensia & The Grand Sentosa Stir Up Nha Be

Posted by Khoi Pham on August 26, 2022

Real estate projects in the central core area of ​​Ho Chi Minh City continuously set high price ceilings, such as Zenity of CapitaLand (District 1, price from VND 150 million/m2), Grand Marina Saigon of Masterise Home (District 1, price from VND 400 million/m2) or soon IFC One Saigon (District 1, price from VND 900 million/m2).

It is the real estate price at the central core location (the center of the center). Therefore, the price of VND 150 million, 400 million or 900 million is ordinary. Because in these locations, project land is extremely scarce. Government policy does not grant construction permits for new housing projects anymore.

Therefore, developers who want to develop new projects in this core area do not have land and do not have license to deploy. Existing projects are still being developed and licensed because they are licensed a long time ago or are in the next phases of an approved total project.

This leads to the decentralization of new projects away from the center, East Movement (Thu Duc City) or South Movement (Phu My Hung, Nha Be).

Projects in the East are always busy and diverse such as: The Global City (New CBD of Ho Chi Minh City), The 9 Stellars, Vinhomes Grand Park, Urban Green, Saigon Sport City, etc…

Projects in the South are no less competitive, when recently, 3 projects along Nguyen Huu Tho, Nha Be are simultaneously preparing to launch, forming a strong push for Nha Be real estate, in there:

  • The locomotive is The Grand Sentosa of Novaland, located at the border between Nha Be and District 7, priced from VND 100 million/m2
  • Next is Celesta City: Celesta Rise, Celesta Heights… of Phu Long and Keppel Land joint venture with total large-scale synchronous planning area, price from VND 70 million/m2
  • Essensia belongs to Dragon City urban area of ​​Phu Long, price from VND 55 million/m2

The Grand Sentosa, Novaland

  • Total area: 8.34 ha
  • Construction density: 29%
  • Number of Towers: 9 towers
  • Number of Apartments: 2,600 units
  • Scale of office and commercial area: 4 floors with a floor area of ​​1.57 ha

Location of The Grand Sentosa: located at the border gate between District 7 and Nha Be

Location of The Grand Sentosa: located at the border gate between District 7 and Nha Be

In addition to the location with high connectivity, direct border between District 7 and Nha Be, The Grand Sentosa also converges unique utility highlights, leading the area such as:

  • Nova Group’s F&B food stalls: Xing Fu Tang, Sushi Tei, Jumbo Seafood, Phin Deli, 4 Fingers Crispy Chicken…
  • Modern resort landscape swimming pool
  • Luxury river view square
  • Colorful riverside food street from day to night
  • Complex of trade, services and offices
  • In particular, the project owns a marina in the heart of the project, affirming the value and position for the residents themselves

With 9 towers, providing 2,600 apartments, The Grand Sentosa offers a wide selection of layouts and designs:

[[sc-btn||text=View The Grand Sentosa Layouts||type=url||value=]]

Master plan of The Grand Sentosa

Master plan of The Grand Sentosa

Expected handover in September 2025, the payment schedule is simplified for 3 years, customers only need to pay 50% before handover, on average every 6 months pay from VND 500 million or about VND 48 million/month to own the most luxurious home in Nha Be area, The Grand Sentosa.

The Grand Sentosa payment schedule

The Grand Sentosa payment schedule

The expected selling price of The Grand Sentosa is about VND 100 million/m2. This is considered a reasonable price when positioning the segment of The Grand Sentosa the most luxurious project on Nguyen Huu Tho street.

Celesta Rise, Keppel Land & Phu Long

Recently, Celesta Rise has been granted a construction permit, the developer also opened the remaining apartments for sale, about 45 apartments and absorbed by the market very quickly, only about 10 units left.

Project overview:

  • Total area: 2.78 ha
  • Number of towers: 5
  • Number of floors: 20
  • Number of apartments: 923

In which, the price of apartments has increased as follows:

  • Large 2-bedroom apartment, 85m2: ~VND 5.9 billion including tax and maintenance fee. About VND 69 million/m2
  • Small 3-bedroom apartment, 105m2: VND 7.05 billion including tax and maintenance fee. About VND 67 million/m2

[[sc-btn||text=Download Celesta Rise Layouts||type=url||value=[[sc-btn||text=Download Celesta Rise Layouts||type=url||value=]]]]

Celesta Rise Location

Celesta Rise Location

Celesta Rise, the first phase of Celesta City, Keppel Land & Phu Long complex on Nguyen Huu Tho street, Nha Be

Celesta Rise, the first phase of Celesta City, Keppel Land & Phu Long complex on Nguyen Huu Tho street, Nha Be

Expected to be handed over in the third quarter of 2024, about 3 years from now, Celesta Rise’s payment schedule is quite relaxing when it only needs to pay 40% before handover.

Celesta Rise payment schedule

Celesta Rise payment schedule

Essensia, Phu Long

Essensia, Phu Long is located within Dragon City, opposite of Celesta City

Essensia, Phu Long is located within Dragon City, opposite of Celesta City

[[sc-btn||text=View Essensia Layouts||type=url||value=]]

Project overview:

  • Total area: 1 ha
  • Construction density: 33%
  • Number of towers: 2
  • Number of floors: 26
  • Number of apartments: 424

Essensia’s launch date is scheduled for September 17, 2022.

Currently, the project is receiving a refundable booking of VND 100 million/unit.

The estimated price is VND 55 million/m2. The project is expected to be handed over in Q1/2025.

Thus, Nguyen Huu Tho street will be relatively busy from 2023-2025 when 3 new projects handing over:

  • Celesta Rise, from VND 63 million/m2, handover in Q3/2023
  • Essensia, from VND 55 million/m2, handover in Q1/2025
  • The Grand Sentosa, from VND 100 million/m2, handover in Q3/2025

Please contact Realtique for detailed project information of Celesta Rise, Essensia and The Grand Sentosa.

Realtique Co., LTD 

[email protected]

+84866810689 (WhatsApp/Viber/Zalo/WeChat)

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