The Ritz-Carlton Residences, Saigon
One Central Saigon
Iconic twin towers opposite Ben Thanh Market – home of the first The Ritz-Carlton in Vietnam.
Branded residences · District 1
One Central Saigon – The New Centrepiece Of The Ben Thanh Quadrangle
One Central Saigon (also known as One Central HCM) is a mixed-use complex developed by Masterise Homes on an 8,537 m² site at 1 Pham Ngu Lao Street – the Ben Thanh quadrangle in the heart of former District 1, Ho Chi Minh City. The site has four street frontages, looks straight at Ben Thanh Market and connects underground to Ben Thanh metro station.
The two towers, designed by Arquitectonica on a “dragon and pearl” theme, house The Ritz-Carlton, Saigon hotel with 231 keys – the brand’s first hotel in Vietnam – and 420 branded apartments, The Ritz-Carlton Residences, Saigon, above a retail podium of almost 20,000 m².
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Quick summary · Updated 10/2026
What Is One Central Saigon?
One Central Saigon is a branded residence, hotel and retail complex by Masterise Homes in the Ben Thanh quadrangle of former District 1. It comprises the 231-key The Ritz-Carlton hotel and 420 The Ritz-Carlton Residences (1–5 bedrooms, about 58–315 m²), officially launched in 05/2026; the developer has not yet published prices or a handover date.
DeveloperMasterise Homes
Location1 Pham Ngu Lao, Ben Thanh quadrangle, HCMC
Site area8,537 m² · 4 frontages
Scale2 towers of 46 and 57 floors (218 m and 240 m) · 6 basements
BrandThe Ritz-Carlton (Marriott International)
Branded residences420 units · 1–5 bedrooms
HotelThe Ritz-Carlton, Saigon · 231 keys
DesignArquitectonica · interiors by HBA
HandoverNot yet announced by the developer
Location & connectivity
Opposite Ben Thanh Market
One Central Saigon occupies a prime four-frontage site opposite Ben Thanh Market, where Le Loi, Ham Nghi and Tran Hung Dao streets meet. The lowest podium basement connects directly to Ben Thanh Central Station on Metro Line 1 and future lines.
Residents can walk to Nguyen Hue Walking Street, the Opera House, the Ham Nghi financial street and 23/9 Park, and reach Thu Thiem in minutes via the Saigon River Tunnel or Ba Son Bridge.
1 minBen Thanh Market · Ben Thanh metro station
5 minNguyen Hue Walking Street · Opera House
10 minThu Thiem New Urban Area
20–25 minTan Son Nhat Airport
On-site amenities
The Ritz-Carlton Standard Of Amenities And Service
One Central Saigon’s greatest value is the combination of a central location with the service of The Ritz-Carlton luxury hotel brand. Details of residents-only amenities will be announced by the developer at launch.
231
The Ritz-Carlton hotel keys
The first The Ritz-Carlton hotel in Vietnam, located within the complex.
420
Branded residences
Residents of The Ritz-Carlton Residences enjoy the brand’s service standards.
~20,000 m²
Retail & dining
A 7-storey podium and basements for shopping, restaurants and lifestyle.
Metro
Ben Thanh station link
Basement connection to Ben Thanh Central Station of the HCMC metro network.
Arquitectonica
Iconic architecture
Twin towers inspired by the “dragon and pearl”, among the tallest twin towers in Vietnam.
HBA
Luxury interiors
Interiors by HBA; B+H (Surbana Jurong) as executive architect, Turner as project manager.
Products & floor plans
The Ritz-Carlton Residences, Saigon
420 branded apartments, mostly in the 46-storey tower, with 1 to 5 bedrooms and areas of about 58–315 m². Detailed floor plans and prices will be released by Masterise Homes in phases.
1–2 BR
Compact units
From about 58 m² – for singles, couples or high-end rental.
3 BR
Family units
Spacious family homes with views of central District 1 and the Saigon River.
4–5 BR
Signature units
Up to about 315 m², limited numbers on the upper floors.
Reference prices · Updated 10/2026
One Central Saigon Prices
As of 10/2026, Masterise Homes has not published an official price list for The Ritz-Carlton Residences, Saigon. Some distributors quote around 700 million VND/m², but the developer has not confirmed this – the table summarises what has been announced.
| Component | Scale | Price | Notes |
|---|---|---|---|
| The Ritz-Carlton Residences | 420 units · 1–5 BR · ~58–315 m² | Not yet announced | Register to receive first-launch information |
| The Ritz-Carlton, Saigon hotel | 231 keys | — | Operated by Marriott International |
| Retail podium | ~19,990 m² | — | 7 floors and basements, linked to Ben Thanh metro |
Compiled from the Masterise Homes launch announcement (05/2026) and distributors; Info Realty will update as soon as official prices are released.
Progress & legal status · 10/2026
Progress And Legal Status Of One Central Saigon
8,537 m²site area
240 mtallest tower · 57 floors
420branded residences
231hotel keys
Key milestones
10/2019
Groundbreaking in the Ben Thanh quadrangle.
2022–2023
Construction delays and several changes of developer.
2024
Masterise Homes takes over as developer.
05/2026
Masterise officially launches One Central Saigon with The Ritz-Carlton brand.
05/2026
Site survey: one tower above the 20th floor, the other around the 12th; podium structure completed.
After 2027
Completion and handover – no specific date announced by the developer.
Legal checks before buying
- Ownership: freehold for Vietnamese; foreigners up to 50 years by law
- Approval to sell off-plan housing
- Bank guarantee and payment schedule in the contract
- Annual management and Ritz-Carlton brand service fees
Info Realty helps verify the legal status of each unit before you place a deposit.
Sources: Masterise Group (05/2026, via Yahoo Finance), Wikipedia, distributor progress survey (05/2026).
Info Realty review
Is One Central Saigon Worth Buying? Pros And Things To Consider
Pros
- A unique location: opposite Ben Thanh Market, directly linked to the central metro station
- The Ritz-Carlton brand – its first hotel in Vietnam
- Iconic twin towers among the tallest in Vietnam, designed by Arquitectonica
- Masterise Homes has delivered branded residences before (Grand Marina Saigon)
- Very scarce supply of branded residences in core District 1
Things to consider
- No official price list or handover date yet
- The project had a history of delays before Masterise took over
- Expected prices are among the highest in the market
- Annual brand service fees are higher than for ordinary apartments
Who is One Central Saigon for?
Great fit
Buyers seeking a landmark asset
Core District 1 location and an international brand for long-term value.
Good fit
International buyers and executives
Hotel-standard serviced living next to the financial and retail district.
Think twice
Buyers who need to move in now
See the completed Grand Marina Saigon or The Marq District 1.
Info Realty’s view: One Central Saigon is a rare product: Ritz-Carlton branded residences right at Ben Thanh Market, linked to the central metro station. For long-term buyers, the location and brand are hard to replicate; however, wait for the official price list, payment schedule and construction commitments before committing. Info Realty will send first-launch information to registered clients.
Quick answers
Frequently Asked Questions About One Central Saigon
Where is One Central Saigon?
It is at 1 Pham Ngu Lao Street, Ben Thanh quadrangle, in the heart of former District 1, HCMC – opposite Ben Thanh Market, with four frontages and an underground link to Ben Thanh metro station.
Who is the developer of One Central Saigon?
Masterise Homes has developed the project since 2024 and officially launched One Central Saigon in 05/2026 with The Ritz-Carlton brand (Marriott International).
How many apartments does One Central Saigon have?
420 branded The Ritz-Carlton Residences, Saigon, with 1 to 5 bedrooms and about 58–315 m², plus a 231-key The Ritz-Carlton hotel.
How much do apartments at One Central Saigon cost?
As of 10/2026, Masterise Homes has not published an official price list. Some distributors quote around 700 million VND/m², but this is unconfirmed.
When will One Central Saigon be handed over?
The developer has not announced a handover date. A 05/2026 survey showed one tower above the 20th floor and the other around the 12th; completion is expected after 2027.
How tall is One Central Saigon?
The two towers are about 240 m (57 floors) and 218 m (46 floors) above a retail podium and 6 basements, among the tallest twin towers in Vietnam.
Can foreigners buy apartments at One Central Saigon?
Yes. Foreigners may own apartments for up to 50 years (renewable) within the legal quota; Vietnamese buyers own them long-term.
What are The Ritz-Carlton Residences?
They are branded apartments carrying The Ritz-Carlton name, where residents enjoy the service and operating standards of the Marriott International luxury hotel brand.
