Apartments in District 1 for foreigners — branded residences & CBD
District 1 is the financial and commercial core of Ho Chi Minh City and its most expensive area, dominated by luxury apartments and branded residences. Supply is scarce, which supports prices and rental stability — but the foreign quota in central projects is very limited.
Apartment projects in District 1 (city centre)
| Project | Area | Price from (indicative) | Handover |
|---|---|---|---|
| Lancaster Legacy | District 1, HCMC | ~8,5B VND≈$327K | Tower C handed over Sep 2025, Tower B Dec 2025; Tower A hotel & mall opening Q1 2026 |
| The Marq | District 1, HCMC | ~12B VND≈$462K | Handed over, ownership certificates (pink books) since Jan 2024 |
| The Nexus | Saigon Ward (former District 1), HCMC | ~12B VND≈$462K | To be confirmed |
| The Grand Manhattan | District 1, HCMC | ~13B VND≈$500K | Expected handover in 2026 (project has resumed and is now in the finishing phase) |
Prices are indicative starting prices and change per unit, floor, view and negotiation; USD figures use a reference rate of 26,000 VND/USD. Click a project for its full details and price list. Related: apartment prices by area (USD) · ready-to-move apartments · all projects.
Frequently asked questions
Why are District 1 apartments so expensive?
District 1 is the CBD of HCMC with almost no remaining land, so new apartment supply — especially branded residences — is very scarce. That scarcity supports resale value and rental stability, but pushes prices well above other districts. It suits buyers who prioritise a central location and a recognised brand.
Can foreigners buy branded residences in District 1?
Yes, within the 30% cap per building and a 50-year leasehold. However, in central District 1 projects the foreign allocation is often very small and sells fast. Contact Happy Land to check live availability and the remaining foreign quota for each project.
Related: buying process · projects foreigners can buy · taxes & costs