Over 2,500 attendees gather at Eaton Park development's art exhibition

Eaton Park development's art exhibition attracted more than 2,500 attendees on Dec. 1. Photo courtesy of Gamuda Land

Earlier this year, the official launch of Eaton Park sparked significant attention, with the first phase of the development seeing reservations double the number of available units. This momentum has continued into the second phase, where demand has exceeded expectations, with bookings six times higher than the available inventory.

During the event, Gim Teck Yew, Deputy Chairman of Gamuda Land Vietnam, spoke about the long-term prospects of the Eaton Park project. He emphasized the company's global track record of value appreciation and stated that Eaton Park, with its prime location and strong legal framework, would offer both a luxurious living environment and a solid investment opportunity.

"Our commitment to Vietnam remains strong, with an additional $10 billion earmarked for investment in the coming years," said Gim. "We're excited to continue developing projects that will add value to the Vietnamese market."

New sales policies introduced for Phase 2

The event also provided details about the sales policies for Eaton Park's Phase 2, which are designed to give buyers more flexibility. With just a 5% deposit to secure a purchase agreement, the policies allow for a four-year payment plan, with only 30% due in the first two years. In addition, Gamuda Land has teamed up with local banks to offer loan packages covering up to 70% of the property's value, with a competitive interest rate of 7% per year and a 24-month principal deferment.

Eaton Park's sales policies, designed to offer maximum flexibility, were announced at the event. Photo courtesy of Gamuda Land

These flexible payment plans are considered some of the most favorable in the Ho Chi Minh City market, helping to make the luxury properties more accessible while still offering strong investment potential.

According to Savills, property prices in the former District 2 area have been growing at an average rate of 12% annually since 2020, and this trend is expected to continue as key infrastructure projects are completed by 2026. With such strong market projections, Eaton Park is well-positioned to provide significant returns for both short- and long-term investors.

Eaton Park's location in An Phu Ward, Thu Duc City, is another key selling point. Situated just 15 minutes from District 1 and directly along Mai Chi Tho Boulevard, the 3.7-hectare project will feature six towers with a total of 2,052 units. These include one to three-bedroom apartments, duplexes, penthouses, retail outlets, and shophouses, with a projected Gross Development Value (GDV) of over $1.1 billion.

Eaton Park is notable not only for its location but also for its forward-thinking design. The development's six towers are arranged in an asymmetrical layout that maximizes natural light and offers sweeping views of the surrounding landscape. Inside, apartments feature large windows, generous balconies, and ceiling heights up to 3.5 meters to create an open, airy feel.

Eaton Park boasts an enviable location and a visionary design. Photo courtesy of Gamuda Land

With a construction density of just 37%, more than 60% of the land is dedicated to green spaces, infrastructure, and community amenities. The development will offer more than 100 amenities, including an ice sauna, cigar lounge, gourmet kitchen, and a pickleball court, as well as specialized spaces for content creators like a soundproof recording studio and livestream studio.

Eaton Park is also setting a new standard for sustainability. The project is the first residential development in Vietnam to receive EDGE green building certification, awarded by the International Finance Corporation (IFC). This certification ensures the project adheres to high environmental standards, with energy-efficient designs and sustainable construction practices.

At the 2024 Vietnam Real Estate Awards, Eaton Park earned six prestigious titles, including "Best Lifestyle Condo Development" and "Best Luxury Condo Development (HCMC)," reflecting its position as a standout in the city's luxury real estate market.

With its prime location, exceptional design, and commitment to sustainability, Eaton Park is set to become one of the most sought-after addresses in Ho Chi Minh City, offering both an enviable lifestyle and a strong investment opportunity.