Eaton Park reaffirmed its dominance in Ho Chi Minh City’s luxury residential market this past weekend, with 90% of the remaining units in its Cove and Lagoon towers sold within hours of their exclusive launch event.
This exceptional absorption rate not only underscores the project’s market appeal but also marks a resounding conclusion to Gamuda Land’s benchmark debut in East Saigon - solidifying the Malaysian developer’s standing as a leading force in Vietnam’s high-end real estate landscape.

Overwhelming demand saw Eaton Park’s final release nearly sold out within hours
Prior to the launch, strong momentum had already been building, with bookings recorded at more than triple the number of available units in the final release.
This set the stage for a high-energy sales event rarely seen in the luxury residential segment - transforming the launch into a market flashpoint during the fiercely competitive year-end season in Ho Chi Minh City.
This impressive uptake extends the record-breaking streak from the previous two sales phases, during which all four initial towers were fully absorbed within just one month.
It not only underscores the enduring appeal of Eaton Park since its debut but also reinforces the commanding presence of the prestigious Malaysian developer in Vietnam’s luxury residential landscape.
Leading real estate agencies attribute the stellar performance of this launch not only to the exceptional quality of the Cove and Lagoon towers but also to the highly attractive sales policies meticulously tailored by the developer for this premium segment.
Four flexible payment schemes have been thoughtfully crafted to accommodate the diverse financial profiles of different buyer groups.
Under the standard plan, buyers need to pay only 10% upon signing the Sales and Purchase Contract (SPC), with subsequent installments spaced every two to three months, accompanied by a 5% discount.
For those requiring extended flexibility, another scheme allows for an initial 5% payment, followed by installments every six months, offering greater cash flow security and a 2% discount incentive.
Buyers with stronger capital reserves can opt for the fast-track scheme, which requires 70% of the contract value to be paid within the first three months.
This option offers the highest discount of up to 9%, including a direct 5% reduction and an additional 4% rebate toward the issuance of the Ownership Certificate if the second installment is made on time.
For buyers in need of financial leverage, the mortgage-backed payment option is an optimal solution.
This plan requires only 20% in equity, with bank financing available for up to 80% of the property value.
Depending on the lender’s policies, grace periods for principal repayment can extend up to 24 months.
Moreover, the developer offers an interest rate subsidy of up to 7% per annum for a maximum of 24 months, applicable for loan amounts starting at 60% of the unit value from the date of first disbursement.
A standout feature across all payment schemes is the ultra-extended timeline of up to 32 months, with only the final 5% due upon receipt of the Ownership Certificate.
This makes Eaton Park’s offering one of the most attractive and flexible sales programs in today’s market, empowering end-users to secure a luxury residence in vibrant East Ho Chi Minh City while enabling investors to optimize capital allocation and long-term returns.
A stellar journey secures Gamuda Land’s market leadership
Strategically located on Mai Chi Tho Boulevard - Ho Chi Minh City’s “billion-dollar avenue” - Eaton Park lies at the heart of the former Thu Duc City’s prime development corridor.
It intersects key regional arteries including Vo Nguyen Giap (formerly Hanoi Highway), Lien Phuong Street, Ring Road 3, and the HCMC–Long Thanh–Dau Giay Expressway.
Spanning 3.7 hectares, the luxury complex comprises six towers ranging from 29 to 39 stories, offering 1,968 apartments from one to three bedrooms and penthouses of international standard.
The development also includes 72 riverfront commercial units, such as shops and shophouses.

Among the six residential towers, Lagoon stands out as the final and most premium addition to the Eaton Park master plan.
As the culmination of the project, Lagoon brings together all the top-tier standards expected of a luxury development in Vietnam today - from expansive views of either a lush canal or the dynamic city skyline to unrestricted access to more than 100 internationally benchmarked, resort-style amenities throughout the development.
Beyond its upscale living spaces, Lagoon also introduces a bespoke 5-star butler service - a rare feature in Ho Chi Minh City’s residential market.
This personalized hospitality offering is included in the monthly management fee, delivering seamless, high-end service to residents.
Inside each unit, every detail has been carefully curated, with appliances and fittings sourced from globally renowned brands with century-long legacies, such as Hansgrohe, Duravit, Geberit, Kohler, and Yale, or their equivalents.
Each element reflects the refined lifestyle Gamuda Land envisions for its elite residential community.
At the launch event, Mr. Angus Liew, Chairman of Gamuda Land Vietnam, expressed his appreciation: “We are deeply grateful for the strong trust and unwavering support from our customers. In just over one year, nearly 2,000 units at Eaton Park have found owners - a clear demonstration of the market’s considerable confidence in the value we are creating. At Gamuda Land, our developments are not merely about building homes; they are about building communities - thoughtfully planned, sustainably developed, and enriched with a deep sense of human-centered and green living.”

The Chairman also shared Gamuda Land’s strategic expansion plans in Vietnam.
He emphasized that Eaton Park’s success is not an end, but a milestone - a prelude to a new chapter in the group’s long-term vision for the Vietnamese market.
Currently holding a portfolio of eight developments totaling USD 5 billion in investment, the group plans to inject an additional USD 6 billion into Vietnam.
The upcoming expansion includes ventures into major infrastructure sectors such as urban railway and metro line projects.
With robust financial capacity, international credibility, and a steadfast commitment to sustainable urban development, Gamuda Land is reaffirming its long-term commitment to Vietnam - continuing to create thoughtfully designed, future-ready communities that respond to the evolving aspirations of modern urban life.
PV