On the journey to find luxury real estate in Vietnam, many customers “fall in love” with the Royal subdivision of Vinhomes Royal Island (Vu Yen, Hai Phong) – which owns a unique “emerald” collection and limited edition gold-plated villas.
The super rich hunt for luxury real estate
Luxury real estate is not for the masses when it comes with high-end amenities, exclusive services… the price can be up to millions of USD. This product has a limited quantity and is always sought after by the upper class.
According to a survey by Redfin, a prestigious real estate company in the US, luxury real estate sales in 2023 increased by more than 2% - the highest level in three years. The average luxury home price increased by nearly 9% in the first quarter of 2024, nearly double the increase in the general market.
According to a report by New World Wealth (South Africa) and investment migration consultancy Henley & Partners (Switzerland), Vietnam has the fastest growth rate of millionaires (people with a net worth of $1 million or more) in the world, up to 98% in the period 2013-2023. The number of wealthy customers is increasing but the luxury real estate market is in short supply.
CBRE Vietnam said that from 2022 to now, in both Hanoi and Ho Chi Minh City, the supply of branded real estate accounts for less than 1% of the market.
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| Vinhomes Royal Island – Luxury real estate sought after by the elite |
These figures have spurred the emergence of luxury products that satisfy the discerning tastes of high-end customers. Among them is Vinhomes Royal Island from Vietnam’s leading real estate developer. Right now, high-end customers are focusing all their attention on the Royal subdivision – where there are unique gold-plated villas with a sustainable green ecosystem, diverse and classy amenities.
The "emerald" collection satisfies luxury customers
As a product that the investor Vinhomes has carefully cared for, the Royal subdivision is privileged to be located in the most beautiful location of Vinhomes Royal Island. One side is adjacent to Tuong Lai road - one of the three main traffic axes of the project. The remaining three sides are adjacent to the cool green river. Thanks to that, Hoang Gia is like an oasis that is both isolated and private but still brings a comfortable and vibrant living space to the owner.
The value of the Royal mansions increases further when the subdivision owns a collection of rare "emeralds", which are high-class amenities, constructions, and landscapes "tailored" for the rich.
The first “gem” in this collection appears when the homeowner steps into the subdivision, immediately encountering the majestic welcome gate located on the main road Tuong Lai intersecting with Hoang Gia 2 road. The construction is up to 10m high, more than 20m wide, the two sides are up to 35m long. The stone statues and decorative reliefs are in the Renaissance style. The main highlight is the gilded Eight Horses Royal Carriage - a symbol of prosperity for the entire subdivision.
Through the gate, other “emerald gems” gradually revealed. Among them, nestled among the green of trees and water are the gilded Royal mansions designed in the classical European style. Each column, arch, and pattern is exquisitely carved.
The villas all have large areas, some of which are 500 - 700 m2 wide, with a frontage of up to 9 m. Not to mention, the internal road is up to 18 m wide, giving homeowners more space to park supercars right in front of their house.
Inside the luxury villas, prestigious owners can enjoy a view of the poetic river scene. In front is a green vegetation all year round, behind the house is the fresh salty sea, the distance from the shore is up to 50m. Green amenities bring fresh air and prosperity, abundant wealth to the owner. This is also a valuable "gem" sought after by the upper class when looking to buy branded real estate.
Stepping outside the villas, the Royal owners will be overwhelmed by other sparkling "emeralds". That is the lush tropical "forest" inside the central park Europa Royal Park, nearly 20,000 m2 wide; a 2,000 m2 crystal glass roof swimming pool; a European-style royal garden; a children's playground with the theme of a castle, a classical sculpture garden, etc. This series of amenities brings the owners a 5-star resort living space with unique experiences.
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| Young residents can enjoy playing and exercising in the large, green park system in the Royal subdivision. |
In addition to the rare internal facilities, through the main road Tuong Lai, Hoang Gia homeowners can also easily access the world-class luxury facilities of the "billionaire island", such as Vinpearl Golf Hai Phong, Vinpearl Horse Academy, luxury marina, VinWonders...
Life is extremely convenient, but also private, isolated, and absolutely safe as Hoang Gia is one of the closed subdivisions, owning a large green ecological fence and protected by a multi-layered security system. At the entrance gates, control points operate 24/24, the network of cameras applying artificial intelligence is present everywhere, along with a 24/7 river patrol team.
Possessing a collection of precious “emeralds”, the Royal subdivision is a rare commodity that the elite crave to own. With limited quantity but unlimited potential for price increase, luxury real estate on the “billionaire island” of Vu Yen is expected to create a fever in the market at the end of the year.
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