Masterise Homes holds topping out ceremony for The Ritz-Carlton Residences, Hanoi

By Thu Huong   March 5, 2023 | 11:30 pm PT
Masterise Homes hosted the topping out ceremony for The Ritz-Carlton Residences, Hanoi on March 3.
(From L) Chris Aspinall, Director of HBA Vietnam, Marios Kyrikiades, CFO of Italian Fit-Out, Naved Agha, Deputy Head of Project Development of Masterise Homes, Penny Trinh, Senior Director of Mixed-use Development of Marriott Internationals APEC, Adrian Chen, Sales Director of Masterise Homes, Julian Wyatt, CEO of Masterise Property Management, attend the topping out ceremony for The Ritz-Carlton Residences, Hanoi. Photo by Masterise Homes

(From L) Chris Aspinall, Director of HBA Vietnam, Marios Kyrikiades, CFO of Italian Fit-Out, Naved Agha, Deputy Head of Project Development of Masterise Homes, Penny Trinh, Senior Director of Mixed-use Development of Marriott International's APEC, Adrian Chen, Sales Director of Masterise Homes, Julian Wyatt, CEO of Masterise Property Management, attend the topping out ceremony for The Ritz-Carlton Residences, Hanoi. Photo by Masterise Homes

The development at 22–24 Hang Bai Street in the heart of Hoan Kiem District will soon deliver the first Ritz-Carlton Residences in Vietnam, and the fifth in Asia Pacific, following Singapore, Bangkok (Thailand), Colombo (Sri Lanka), and Kuala Lumpur (Malaysia).

The anticipated 104-unit branded residences offer a new benchmark for fine living.

Artists impression of The Ritz-Carlton Residences, Hanoi at The Grand. Photo by Masterise Homes

Artist's impression of The Ritz-Carlton Residences, Hanoi at The Grand. Photo by Masterise Homes

The Residences feature two buildings: The Crown and The Heritage, both of which have completed the body structure and been topped out.

The construction progress has been achieved at an accelerated pace after more than a million hours of manpower and collaboration between Masterise Homes, other development partners, consultants, contractors, and Marriott International.

The living room of the show unit of The Ritz-Carlton Residences, Hanoi. Photo by Masterise Homes

The living room of the show unit of The Ritz-Carlton Residences, Hanoi. Photo by Masterise Homes

According to Masterise Homes' representative, ongoing inspection of the interior construction for the two buildings ensures alignment with the design and global standards of The Ritz-Carlton with efforts from the development team, including award-winning architects, designers, and project management consultants from GroupGSA, HBA, and Artelia.

"The Ritz-Carlton Residences, Hanoi will bring a new level of luxury to the capital city," said Naved Agha, Deputy Head of Project Development, Masterise Homes.

"With guidance from Marriott International's Global Design team, what buyers will receive at handover are elevated residences that strictly comply with the global standards of The Ritz-Carlton," he added.

Naved Agha, Deputy Head of Project Development, Masterise Homes, speaks at the event. Photo by Masterise Homes

Naved Agha, Deputy Head of Project Development, Masterise Homes, speaks at the event. Photo by Masterise Homes

Homeowners will be able to enjoy world-class amenities such as a gym, swimming pool, kids' club, theater, and so on.

In the next few months, Italian Fit Out Company, the interior design and fit-out company in Milan, Italy, will complete the mockup unit in The Crown so buyers can experience the interior design.

The Ritz-Carlton Residences, Hanoi, is not owned, developed, or sold by Marriott International or its affiliates (Marriott).

Masterise Homes uses The Ritz-Carlton trademarks under a license from Marriott, which, according to Masterise Homes' officials, has not confirmed the accuracy of any of the statements or representations made herein.

Masterise Homes, a member of the Masterise Group, is a developer, operator, and manager of luxury real estate products and services, in Vietnam. With a portfolio comprising branded residences in Southeast Asia, Masterise Homes has a strategic partnership with Marriott International, the largest hotel brand in the world with iconic brands such as Marriott, JW Marriott, and Ritz-Carlton.

 
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