Masteri Grand View vs Lumière Riverside: Which Masterise Apartment in Thu Duc? (Foreigner Guide 2026)

Foreign buyers who like the Masterise Homes brand in Thu Duc City often compare two of its apartments: Masteri Grand View — a tower inside the 117-hectare The Global City township — and Lumière Riverside, a delivered riverside project in the An Phu – Thao Dien area.

Both are premium and foreign-eligible, but one is a delivered riverside apartment and the other a newer tower inside a large township.

This guide compares them on the points that matter to a foreign buyer: delivered-versus-off-plan, location, price, the foreign quota and who each suits.

This is general information, not investment advice. Prices, quota availability and inventory change over time — confirm the current status and the legal file of the specific unit with Happy Land and your own lawyer before deciding.

Quick comparison

	Masteri Grand View	Lumière Riverside
Developer	Masterise Homes	Masterise Homes
Location	In The Global City, An Phu (Thu Duc)	An Phu – Thao Dien, on the Saigon River
Price from (indicative)	Official price list not yet published (primary)	~4.8 billion VND (secondary)
Handover / status	Expected in 2026 (near-term)	Delivered late 2023 (secondary market)
Setting	Inside a 117-ha township	Riverside boutique
Foreign quota	Yes (50-year, 30%/building)	Yes (50-year, 30%/building)

“Price from” is an indicative starting point excluding VAT/incentives. Click a project name below for full details.

The biggest difference: delivered riverside versus new township tower

• Lumière Riverside was handed over in late 2023 and now trades on the secondary market — you can inspect the real unit and move in or lease now, on the Saigon River in An Phu, at a lower entry from ~4.8 billion VND. Most stock is secondary (from existing owners).
• Masteri Grand View is a newer tower inside The Global City (a 117-hectare township), with handover expected in 2026; the developer has not yet published an official price list. You buy into the township’s large planned amenities and commercial core, but it is near-term/off-plan.

In short: Lumière = delivered, riverside, move in now; Masteri Grand View = new tower inside The Global City township.

Foreigners & legal status

Both sell within the 30%-per-building foreign quota, 50-year leasehold. For Lumière (secondary), note the leasehold term when buying from another foreign owner is generally the remaining term, and confirm the pink-book status of the exact unit.

For Masteri Grand View (primary/near-term), confirm the remaining foreign quota and, as with any near-completion project, the handover timeline. See the buying process for foreigners.

Who should choose which?

Choose Lumière Riverside if you: want to move in or lease now, value a riverside address in An Phu – Thao Dien, prefer to inspect the real unit, and are comfortable with the secondary market (from ~4.8 billion VND).

Choose Masteri Grand View if you: want a brand-new Masterise unit inside The Global City township with its large planned amenities, and are comfortable with a near-term handover (expected in 2026; ask for a unit-specific quote).

For other delivered options, see ready-to-move apartments foreigners can buy and apartments in Thu Duc City.

Conclusion

Masteri Grand View and Lumière Riverside are both premium Masterise apartments in An Phu, Thu Duc, but serve different needs.

Lumière is strongest on delivered, move-in-now riverside living (mostly secondary market, lower entry), while Masteri Grand View is strongest on a brand-new tower inside The Global City township.

The right answer depends on whether you want to move in now, how much you value a riverside address, and your budget. This article is general information, not investment advice.

Want the price list, current inventory and remaining foreign quota for each? Message Happy Land on Zalo/WhatsApp, or see Masteri Grand View and Lumière Riverside in detail.