Masteri Waterfront: The Iconic Branded Apartment in the Heart of “Coastal District” Vinhomes Ocean Park
Masteri Waterfront is a premium apartment project developed by Masterise Homes, a member of Masterise Group, located at a prime position right in the center of Vinhomes Ocean Park urban area. The project not only offers an international-class living space but also features direct views of the sea lake and the largest freshwater lake in Vietnam, affirming its position as one of the most valuable branded real estate options in East Hanoi.
Masteri Waterfront Project Overview
Masteri Waterfront is a luxury apartment complex with impressive scale, planned synchronously in the center of the Vinhomes Ocean Park mega urban area. With an area of up to 3.75 ha (or 3.8 ha as mentioned), the project includes 6 residential towers, divided into two exclusive sub-zones named Miami and Hawaii. The total number of apartments is approximately 3,837 units, providing a diverse supply for the capital’s real estate market.
Masterise Homes, the developer, is known as a pioneer in applying international standards to its products. Previous projects such as Masteri Thao Dien, Masteri An Phu, Millennium, M-One Nam Sai Gon, and M-One Gia Dinh have proven its reputation and superior quality. Masteri Waterfront continues this legacy, delivering a world-class living experience for residents.
The project has a relatively low construction density of only 27%, allowing maximum development of green space and amenities. The legal status is clear, with long-term ownership for Vietnamese citizens and 50-year ownership for foreigners, ensuring safety and transparency for both investors and residents.
Prime Location and Breakthrough Regional Connectivity
Masteri Waterfront is located at a “golden” position right in the center of Vinhomes Ocean Park, also known as the “Coastal District” of East Hanoi. The specific address is Vinhomes Ocean Park urban area, covering Dương Xá, Kiêu Kỵ, and Đa Tốn communes in Gia Lam District, Hanoi. This location borders two main roads within the urban area and is adjacent to Ngoc Trai villa zone, enjoying full surrounding advantages.
This strategic location is further enhanced by Gia Lam’s expected transition into an inner-city district, potentially as early as 2023 and no later than 2025. This administrative change is expected to drive strong infrastructure growth and increase property values in the area.
From Masteri Waterfront, residents can easily connect to key destinations in Hanoi through a modern and continuously developing transport network. The project is located at the strategic Gia Lam junction, benefiting from 4 major arterial roads and large bridges such as Chuong Duong Bridge, Vinh Tuy Bridge, and Thanh Tri Bridge, along with 4 upcoming bridges and Metro Line 8.
Key distance connections:
- 1.3 km from VinUniversity (about 4 minutes).
- 2.4 km from Vincom Mega Mall Ocean Park (5 minutes).
- 7.1 km from Aeon Mall Long Bien (15 minutes).
- 9.4 km from Long Bien Golf Course (19 minutes).
- 9.7 km from Vinhomes Riverside (20 minutes).
- 12.2 km from Vinmec International General Hospital (24 minutes).
- 13 km from West Lake (25 minutes).
- 15.8 km from Hoan Kiem Lake (31 minutes).
- 18 km from Noi Bai International Airport (35 minutes).
World-Class Internal and External Amenity System
Masteri Waterfront is designed not only as a residential place but as a comprehensive ecosystem of premium internal and external amenities. Residents enjoy a dual benefit: 22 exclusive internal amenities and full access to the 400+ ha Vinhomes Ocean Park mega-urban utility system.
22 exclusive internal amenities:
- Reception area
- Outdoor parking area
- Fountain square
- Outdoor relaxation lounge
- Lakeside lounge
- Jogging track
- Landscape lake
- Sculpture garden
- Central iconic block
- Themed decorative wall
- Event square
- Observation pavilion
- Outdoor sports area
- Children’s playground
- Outdoor fitness zone
- Pet playground
- Creative resting area
- Gym
- Kids play area
- Indoor swimming pool
- Sky garden
- Business Lounge
Amenities inherited from Vinhomes Ocean Park:
Residents of Masteri Waterfront also enjoy the massive utility ecosystem of Vinhomes Ocean Park, including:
- Technopark Tower 45-storey office building
- VinUni University
- Vinschool inter-level school system
- Vinmec Hospital
- 5-storey parking building
- Vincom Mega Mall
- Whale Square
- Coral Lake
- Ngoc Trai Lake
- 6.1ha saltwater lagoon and 24.5ha white-sand freshwater lake – the largest in Vietnam. All apartments enjoy panoramic views of these landmarks.
- 6 BBQ parks with over 100 grilling spots
- Outdoor gym park with over 700 machines
- 150 multi-purpose sports courts
- 60+ children’s playgrounds
- Four-season indoor swimming pool with glass roof
- Indoor and outdoor swimming pool system
Basic existing amenities:
- Parking area
- Gym room
- Yoga room
- Security system
- Air conditioning system
- Emergency exits
- Fire protection system
- Swimming pool
- Community room
- Children’s play area
- Supermarket
- Convenience store
- Reception
- Coffee shop
- Elevator
Modern and Diverse Apartment Design
Masteri Waterfront offers a wide range of apartment types with optimized layouts and functionality, suitable for various customer needs. The design follows international standards, bringing elegance and modern living experiences.
Apartment types at Masteri Waterfront:
- Studio: 26.6m2 – 35.34m2
- 1-bedroom +: 41m2 – 47.36m2
- 2-bedroom: 53.37m2 – 61.95m2
- 2-bedroom +: 60.24m2 – 62.91m2
- 3-bedroom: 71.62m2 – 79.19m2
- Duplex (8 units): 84.64m2 – 127.4m2
Pricing and Transfer Policy
As of April 2024, the selling price of Masteri Waterfront apartments ranges from 49.5 – 68.5 million VND/m², reflecting the quality, prime location, and premium brand value of the project. Transfer prices are also attractive:
Reference transfer prices (April 2024):
- Studio 27m2 from 1.6 billion VND
- 1-bedroom + 1, 43m2 from 2.3 billion VND
- 2-bedroom, 61m2 from 3.5 billion VND
- 2-bedroom + 1, 63m2 from 3.1 billion VND
- 3-bedroom, 74m2 from 4.1 billion VND
In particular, the project is currently accepting bookings for tower H1 The Nomad in the Hawaii subdivision, with an expected price of around 60–65 million VND/m². Rental prices range from 7 to 22 million VND/month depending on size and location.
Construction Progress and Handover
The Masteri Waterfront project has made significant progress:
- Completed roof topping in June 2022.
- As of September 2022: Miami subdivision reached floor 27 wall construction; Hawaii reached floor 9; Malibu Walk entertainment boulevard under rough construction.
- In July 2023, the project officially started handing over apartments from July 16, 2023.
- As of April 2024, H1 The Nomad tower is open for booking and expected to be handed over in Q4/2024.
Reputable Developer: Masterise Homes
Masterise Homes is a leading branded real estate developer in Vietnam under Masterise Group. The company is known for applying international standards in development, operation, and management of luxury real estate products. Its commitment to quality and excellence has built a strong reputation in the market.
With Masterise Homes behind Masteri Waterfront, the project is guaranteed not only a prime location and rich amenities but also high-standard management and operation, delivering exceptional living experiences. Masterise Homes has successfully developed many iconic projects before, strengthening confidence that Masteri Waterfront is both a sustainable investment and an ideal place to live.
