Handed over Foreign quota Hongkong Land & Tập đoàn Hoa Lâm · Luxury apartment
The Marq
District 1, HCMC
1 – 4BR & penthouse ~45 – 250 m²
From ~12 billion VND View details →
Selling now
One Central Saigon
The Ritz-Carlton branded residences right on the Ben Thanh quadrangle — an ultra-luxury icon at the very heart of District 1.
About One Central Saigon
One Central Saigon (formerly The Spirit of Saigon) is an ultra-luxury branded-residence complex on the Ben Thanh quadrangle in District 1, with four frontages on Pham Ngu Lao, Calmette, Le Thi Hong Gam and Pho Duc Chinh, directly opposite Ben Thanh Market and connected underground to Metro Line 1. Developed by Masterise Homes (Phuong Dong Ha Noi Co.), it comprises twin towers of residences operated to The Ritz-Carlton standard, Grade-A offices and a mall, and was officially relaunched in May 2026.
Happy Land provides the official developer price list and unit availability (bảng giá gốc + giỏ hàng), with advisory support on unit selection and ownership eligibility for both local and foreign buyers.
One Central Saigon gallery
Location & connectivity
📍 District 1, HCMC
One Central Saigon occupies the Bến Thành quadrangle, the last remaining "golden" land plot in the very core of District 1, Ho Chi Minh City. The project enjoys four rare frontages: Phạm Ngũ Lão, Calmette, Lê Thị Hồng Gấm and Phó Đức Chính. It sits directly beside Bến Thành Market (about 1 minute on foot), next to September 23rd Park, and opposite the Fine Arts Museum. For transport, the towers rise right above the Bến Thành central station, the interchange of Metro Line 1 (Bến Thành - Suối Tiên) and Metro Line 2, plus many bus routes. Nguyễn Huệ walking street, Notre-Dame Cathedral, Independence Palace, Bến Nhà Rồng wharf and the Saigon River are all minutes away. Nearby amenities include Takashimaya, Saigon Centre, Vincom Center, Diamond Plaza and Bitexco Tower, along with major universities. As the heart of District 1, the site is the city centre itself; Tân Sơn Nhất Airport is roughly 7-8 km (about 20-30 minutes by car).
- Bến Thành Market - adjacent, ~1 min walk
- Bến Thành central Metro station (Lines 1 & 2) - directly beneath the project
- September 23rd Park - next door, ~2 min walk
- HCMC Fine Arts Museum - opposite, ~3 min walk
- Nguyễn Huệ walking street - ~1 km, ~5 min drive
- Notre-Dame Cathedral & Independence Palace - ~1.5 km, ~6 min drive
- Bitexco Tower & Saigon Centre/Takashimaya - ~1 km, ~5 min
- Tân Sơn Nhất Airport - ~7-8 km, ~20-30 min drive
Highlights
- Diamond four-frontage location on the Ben Thanh quadrangle, opposite Ben Thanh Market in the core of District 1
- Branded residences operated to The Ritz-Carlton standards, developed by Masterise Homes (Phuong Dong Ha Noi Co.)
- Direct underground connection to Ben Thanh Station on Metro Line 1
- Mixed-use complex of residences, hotel, Grade-A offices and an upscale shopping mall
- Officially relaunched in May 2026 with superstructure works being accelerated
Amenities
The Ritz-Carlton 5-star hotelUpscale shopping mallGrade-A officesPanorama infinity poolSpa, gym & yogaFine-dining restaurants and lounge
🌏 For foreign buyers
Commercial units carry a foreign-ownership quota (up to 30% per project by law); foreign allocations are limited — contact Happy Land to check remaining quota Foreigners can own apartments within the 30% per-building quota on a renewable 50-year leasehold. Read the foreigner guide →
Frequently asked questions
Can foreigners buy One Central Saigon?
One Central Saigon is an ultra-luxury Ritz-Carlton-branded apartment by Masterise Homes at the Ben Thanh quadrant in District 1. The residential units carry a foreign-ownership quota (up to 30%, 50-year leasehold), and the foreign allocation is limited. Handover is targeted for around 2029, so it is an early off-plan purchase - verify progress and confirm the remaining foreign quota with Happy Land.
Is One Central Saigon a good buy-to-let for foreigners?
It is a trophy branded residence in the absolute core of District 1, next to Ben Thanh market and the metro - genuinely scarce. But it is ultra-luxury priced (from around 650 million/m2), so it suits capital preservation and prestige more than headline yield, and handover is years away. Verify progress before committing. Reference only, not investment advice.
Why an ultra-luxury branded residence in District 1?
Trophy assets in the absolute city core with branded (Ritz-Carlton) management are scarce and hold value, with direct metro connectivity. They suit ultra-high-net-worth buyers prioritising prestige and long-term capital preservation over rental yield. Note the roughly 2029 handover - this is a long-horizon, off-plan commitment, so verify progress and the legal file.
What is the price of One Central Saigon?
One Central Saigon is priced From around 650 million VND/m² (reference) (around Khoảng 650 – 800 triệu/m² (≈ 25.000 – 30.000 USD/m², tham khảo)). Contact Happy Land for the detailed price list and current available units.
Who is the developer of One Central Saigon?
One Central Saigon is developed by Masterise Homes, located in District 1, HCMC. Project scale: Twin towers (~46 – 55 floors) atop a retail podium with 6 basement levels; ~350 branded residences, ~250 The Ritz-Carlton hotel rooms, Grade-A offices and a mall; ~USD 500M total investment on an ~8,641 m² plot.
What stage is One Central Saigon at and when is handover?
One Central Saigon is currently selling now. Expected handover: Expected handover around 2029. Contact Happy Land for the latest construction progress and available units.
What unit types does One Central Saigon offer?
One Central Saigon (Branded ultra-luxury residences) offers: 1 – 3BR. Contact Happy Land for floor plans and prices for each unit type.
Where is One Central Saigon and what is nearby?
One Central Saigon is located in District 1, HCMC. Notable connections and amenities: Bến Thành Market - adjacent, ~1 min walk; Bến Thành central Metro station (Lines 1 & 2) - directly beneath the project; September 23rd Park - next door, ~2 min walk; HCMC Fine Arts Museum - opposite, ~3 min walk.
Can foreigners buy One Central Saigon?
Commercial units carry a foreign-ownership quota (up to 30% per project by law); foreign allocations are limited — contact Happy Land to check remaining quota Happy Land helps foreign buyers check the 30% quota and complete the legal process.
Same area
Other projects in Quận 1
Handed over Foreign quota 
Selling now Foreign quota Novaland · Luxury apartment
The Grand Manhattan
District 1, HCMC
2 – 3BR (plus Sky Villas) Khoảng 68 – 97 m² (căn tiêu chuẩn); Sky Villa 150 – 168 m²
From about 13 billion VND View details →
Selling now Foreign quota Trung Thủy Group (TTG) · Luxury branded residences
Lancaster Legacy
District 1, HCMC
Officetel / 1 – 3BR, duplex & penthouse Khoảng 46 – 141 m² (penthouse lớn hơn)
From approximately 8.5 billion VND View details →
Similar budget
Projects in a similar price range to One Central Saigon
Selling now Foreign quota Hoi An South Development (HASD) - hợp tác đầu tư VinaCapital, Suncity Group & VMS Investment Group (chủ đầu tư quần thể Hoiana, ~75% vốn VMS Group Hong Kong liên kết Chow Tai Fook) · Beachfront villa
Hoiana Beach Villas
Duy Hai Commune, South Hoi An, Quảng Nam
3 - 9 bedrooms (by villa type) Đất 350 - 3.132 m² / Xây dựng 350 - 2.329 m²
From approx. 32 billion VND per villa (Shore Villa); Dune ~42-58 billion, Azure ~57-62 billion, Pearl ~92 billion, Marina ~122-128 billion; Mansion line price on request. Indicative, excl. VAT/fees. View details →