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June 22, 2021

MASTERISE HOMES AND TECHCOMBANK INTRODUCED HOME FOR HOME®

Ho Chi Minh City, May 24 2021 - Masterise Homes, the largest developer of branded residences in Vietnam, today launched “Home for Home” - an outstanding solution in collaboration with Techcombank. Striving to bring international standard living experience closer to Vietnam, “Home for Home” helps families easily upgrade their current accommodation to premium projects developed by Masterise Homes without any payment until handover time. The premium projects applicable for this solution include Masteri Waterfront, Masteri West Heights in Hanoi and Masteri Centre Point in Ho Chi Minh City.

Based on the Win-Win-Win formula, “Home for Home” was designed to offer comprehensive benefits to both Vietnam macro-economy, developer – Masterise Homes and homeowners.

Unlock the potential of Vietnam’s real estate market  

In 2020, Vietnam’s real estate market recorded a steady growth rate of 0.31 percent increase compared to last year, contributing 4.42 percent of the country's GDP. The secondary market alone accounts for approximately 40% of the total market with a scale of USD 7.5 billion. However, Vietnam's secondary real estate is approximately 10 times lower than the average of regional developing countries. Unlocking this potential could lead to additional transactions worth USD 25 billion across the primary and secondary market in Vietnam by 2025.

“Home for Home”, as Vietnam’s first and unique solution, is designed to increase housing demand, shorten housing using time thereby contribute to enhance secondary market liquidity, narrowing the gaps to catch up with other countries in the region, stimulating sustainable development for the real estate market as well as the macro-economy.

Lifting Vietnam’s living standards to international excellence

The soft-launch of “Home for Home” on May 12 received positive response from the market, which is a signal for the increasing demand for high-quality living standards of the Vietnamese.

The second approach of the Win-Win-Win formula is Vietnamese home buyer’s opportunity to raise living conditions to international standard at the high-end projects developed by Masterise Homes. In addition, homebuyers can upgrade their accommodation instantaneously and conveniently thanks to exceptional financial initiatives. Upgrading an apartment is a valuable investment of the present for the future, moving towards an international lifestyle.

Furthermore, lifting living condition is also a recognition of one’s status, pride and personal achievement. Living in an international environment and exposing to the elite community of Masterise Homes are the perfect directions for the future. “Home for Home” will shorten the time and efforts of the process to help more Vietnamese families easily access civilized and dynamic international living standards.

Masterise Homes' mission to create sustainable shared values

The Win-Win-Win model is a testament to Masterise Homes' relentless efforts in sharing sustainable values ​​with customers and the community. Mr. Jason Turnbull - Deputy Managing Director cum Chief Financial Officer (CFO) of Masterise Homes said: “Masterise Homes always focuses on solutions that bring sustainable values for our customers. ‘Home for Home’ demonstrates our efforts to provide a simple, seamless, and a complete end-to-end solution, helping customers easily upgrade their living places with a peace of mind, powered by the two leading prestigious companies.”


Speaking at the launch of “Home for Home”, Mrs. Nguyen Thi Anh Nguyet, Head of Partnership Management - Omni channel - RBG of Techcombank said: “As one of the leading banks in Vietnam, we are proud in providing a wide range of solutions for housing finance. ‘Home for Home’ is an exceptional solution in line with our business orientation and ‘customer-centricity’ strategy, helping the bank to meet the customers’ demands and approach customers according to the transaction cycle of each real estate. Together with Masterise Homes, we are committed to further improving the living standards and unleashing the potentials of Vietnam’s real estate market and the macro economy.”

“Home for Home” is applicable for Vietnamese citizens with stable income and owning an apartment in Hanoi and Ho Chi Minh City. Income and apartment will be assessed by the bank in accordance with the regulations. To join the program, customers only need to register through the website of “Home for Home”. Masterise Homes and Techcombank will contact to assist customers working through a seamless process, bringing customers a fast and convenient experience.

More information:

Website: https://masterisehomes.com/home4home

Premium Projects under “Home for Home”:

Masteri Waterfront: The most privileged location in Ocean Park

Developed by Masterise Homes, the prestigious developer who brought the largest branded residences to Vietnam, Masteri Waterfront offers unobstructed panoramic view of the Ocean Lake. In addition to 24/7 bespoke international standard property and asset management for value preservation, Masteri Waterfront also equips residents with 22 exclusive amenities of highest global standards and world renowned branded fittings at handover.

Website: https://masterisehomes.com/masteri-waterfront

Masteri West Heights: The Best of International Living in West Hanoi

Developed by Masterise Homes, the prestigious developer who brought the largest branded residences to Vietnam, Masteri West Heights offers the most stunning panoramic view within Smart City. Comprehensive convenience includes 22 exclusive amenities of highest global standards, full-service 24/7, and world renowned branded fittings at handover. This premium projects is a world-class artwork for global partnerships with acclaimed brands for best-in-class architectural and interior design. 

Website: www.masterisehomes.com/masteri-west-heights

Masteri Centre Point: Define Luxury World-Class Living at the New Thu Duc City

Developed by Masterise Homes, the prestigious developer who brought the largest branded residences to Vietnam, Masteri Centre Point offers unobstructed view - directly facing “the 36 ha park - Artificial lake” of Grand Park. Future residents of Masteri Centre Point will also enjoy 24/7 bespoke, international standard property and asset management for asset value preservation, 24 exclusive amenities of highest global standards – The best virtual sports offering in Vietnam and world renowned branded fittings at handover.

Website: https://masterisehomes.com/masteri-centre-point 

About Masterise Homes

Masterise Homes – a member of Masterise Group, is a pioneer in bringing world-class excellence to the development, operations, and management of luxury real estate products and services, in the Vietnamese market and beyond.

With a one-of-a-kind portfolio comprising the largest Branded Residences in South East Asia, Masterise Homes demonstrates world-class capabilities via a strategic partnership with Marriott International, the largest hotel brand in the world with iconic brands of Marriott, JW Marriott and Ritz-Carlton.

World-class Real Estate Projects by Masterise Homes: 

1/ Branded Residences: The Marriott & JW Marriott Residences at Grand Marina, Saigon; The Ritz-Carlton Residences Saigon at One Central and The Ritz-Carlton Residences Hanoi at The Grand

2/ Privilege Projects: LUMIÈRE riverside and Millennium in Ho Chi Minh City

3/ Premium Projects

- Ho Chi Minh City: Masteri Centre Point, Masteri Thao Dien và Masteri An Phu

- Hanoi: Masteri West Heights, Masteri Waterfront

About Techcombank

Established in 1993, Techcombank is one of the largest joint-stock banks in Vietnam, and a leading bank in Asia. Techcombank pursues a proven customer-centric strategy in providing a broad range of banking solutions and services to more than 8 million retail and corporate customers in Vietnam through an extensive network of over 300 transaction offices across the country and through its market-leading digital banking services. The bank’s ecosystem approach, which is implemented across multiple key economic sectors, further differentiates Techcombank in one of the fastest-growing economies in the world. Techcombank is rated highest among banks in Vietnam with a Ba3 from Moody’s and BB- from S&P and was named “Best Bank in Vietnam 2020” by FinanceAsia, “Best SME bank 2020” and “Best home loan product 2020” by The Asian Banker. Techcombank is listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker TCB.