- Developer
- Masterise Homes (project company: Saigon Glory Co., Ltd)
- Status
- under-construction
- Location
- Ben Thanh Ward, Ho Chi Minh City
- Address
- 1 Pham Ngu Lao Street, Ben Thanh Ward (former Nguyen Thai Binh Ward, District 1), Ho Chi Minh City
- Total area
- About 8,600 m²
- Towers
- 2
- Handover
- Not yet announced
- Listings
- 1 for sale · 1 for rent
Updated
Amenities
One Central Saigon is a twin-tower mixed-use project on the block directly opposite Ben Thanh Market, with frontage on Pham Ngu Lao, Calmette, Le Thi Hong Gam and Pho Duc Chinh streets. It is being developed by Masterise Homes and will include a Ritz-Carlton hotel and Ritz-Carlton branded residences.
The site has a long history: it was allocated to Bitexco in 2009, later changed hands and names several times (including The Spirit of Saigon) and sat unfinished for years. Masterise restarted construction and officially launched the project in May 2026. The towers are planned at 48 and 55 floors above six basement levels.
Want to follow sales or register interest? Contact us and we will keep you updated as prices and handover dates are confirmed.
Apartments for sale in One Central Saigon
| Active listings | 1 |
|---|---|
| Price range | 59 billion VND |
| Median price | 59 billion VND |
| Median price per m² | 694.1 million VND/m² |
| Area range | 85 m² |
One Central Saigon 85 m2 2-bedroom apartment for sale
59 billion VND 694.1 million VND/m² · ≈ US$2,243,000
- 85 m²
- 2 BR
- 2 WC
One Central Saigon · Ben Thanh Ward, Ho Chi Minh City
Apartments for rent in One Central Saigon
| Active listings | 1 |
|---|---|
| Price range | 24 million VND/month |
| Median price | 24 million VND/month |
| Area range | 100 m² |
One Central Saigon 100 m2 unit rental – VND 24 million/month
24 million VND/month ≈ US$913
- 100 m²
- Studio
One Central Saigon · Ben Thanh Ward, Ho Chi Minh City
One Central Saigon at a glance
| Developer | Masterise Homes; project company Saigon Glory Co., Ltd |
| Location | 1 Pham Ngu Lao, Ben Thanh Ward (former Nguyen Thai Binh Ward, District 1) |
| Site area | About 8,500–8,600 m² |
| Towers | Two towers, 48 and 55 floors, 6 basements |
| Uses | Ritz-Carlton hotel, branded residences, offices and retail |
| Architect | Arquitectonica |
| Contractor | Newtecons |
| Status | Under construction; handover date not yet announced |
Location
Few residential addresses in Saigon are more central. Ben Thanh Market, the September 23 Park and the Fine Arts Museum surround the site, and the basement is planned to connect directly to Ben Thanh station on Metro Line 1. Nguyen Hue walking street, Le Loi Boulevard and the Ham Nghi financial strip are all within walking distance.
Branded residences
Residences will be serviced under the Ritz-Carlton brand of Marriott International, so owners get hotel-style services such as concierge, housekeeping on request and access to the hotel’s facilities. Masterise has not published a final unit count; figures quoted in the press vary, so treat them as indicative until the sales contract.
Asking prices reported by property media are among the highest in the city, in the range of tens of thousands of US dollars per square metre.
Things to know before buying
- The project is still under construction. Check the developer’s bank guarantee and the official confirmation that units are eligible to be sold off-plan.
- Branded residences carry higher service charges than standard condos; ask for the projected fee schedule.
- Foreign buyers can usually own apartments for 50 years (renewable) within the foreign quota.
- Because the project changed owners several times, ask your lawyer to review the land use and investment documents.
For completed alternatives nearby, compare The Marq and Saigon Royal.
Sources
Information comes from Masterise Group’s launch announcement in May 2026, reporting by Viet Nam News, Tuoi Tre, Tap chi Kinh te Tai chinh and Cafeland, and legal summaries on Thu Vien Phap Luat, checked on 2 November 2026. Details may change before handover.
Frequently asked questions
Who is developing One Central Saigon?
Masterise Homes, part of Masterise Group, through project company Saigon Glory Co., Ltd.
Where is One Central Saigon?
At 1 Pham Ngu Lao Street, directly opposite Ben Thanh Market, in Ben Thanh Ward (former District 1), Ho Chi Minh City.
How tall are the towers?
The two towers are planned at 48 and 55 floors above six basement levels.
When will One Central Saigon be completed?
The developer has not announced an official handover date. Construction restarted and the project was launched in May 2026.
Photographs are real, freely licensed images of One Central Saigon from Wikimedia Commons and show the development or its surroundings, not a specific apartment for rent or sale.
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