Successful transactions on its official launch day have marked yet another milestone for Persa Place—the high-rise phase of the Springville township developed by Gamuda Land in Nhon Trach. This achievement represents the project’s second consecutive sell-out success in the southern market.

A Highly Anticipated Market Sensation

Over the weekend, the official launch event for Persa Place drew a massive crowd of homebuyers and investors from Ho Chi Minh City, Dong Nai, neighboring provinces, and even Hanoi.

The vibrant atmosphere from early morning accurately reflected the intense anticipation surrounding the area’s most sought-after development. As expected, all 420 apartment units quickly found owners within just a few hours.

Market reports indicated that the number of pre-booking requests multiplied the total available inventory, creating highly competitive conditions.

The majority of attendees were well-prepared buyers who had thoroughly researched the product, ranging from young families and professionals working in nearby industrial parks to seasoned real estate investors. Many shared that they had been tracking the project for months, with finances ready to secure a transaction as soon as the event opened.

This success not only underscores the project's strong appeal but also marks the second time within less than 12 months that Springville has created a market sell-out phenomenon.

Last year, the project’s low-rise phase recorded a 97 percent absorption rate on its debut day during the same season, before completely selling out just one month later.

International Living Standards and Flexible Financial Solutions

The overwhelming demand for Persa Place stems not only from favorable market trends but also from its exceptional intrinsic value and Gamuda Land’s solid reputation.

As the first high-rise tower to be introduced, Persa Place is positioned as the vibrant centerpiece designed to activate the lifestyle at Springville—an international-standard airport township spanning 18.2 hectares.

Strategically located at the commercial intersection along the vital Ton Duc Thang Boulevard (DT25B), the project seamlessly integrates residential spaces, commercial zones, landscaped areas, and modern internal amenities.

Persa Place offers 420 apartments and a limited collection of 9 shoplots, featuring flexible layouts ranging from one to three bedrooms (38 to 105 square meters). This diversity perfectly caters to various needs, from housing for local experts and engineers to long-term investment and high-potential rental yields.

One of the key drivers behind the project's strong traction is its highly competitive pricing. Agencies report that rates are approximately 40 to 50 percent more accessible than similar segments in the region and the eastern district of Ho Chi Minh City.

To help buyers balance their cash flows comfortably, the leading Malaysian developer has structured highly flexible financial solutions.

Under the standard payment scheme, buyers only need a 10 percent down payment to sign the sales and purchase agreement. Subsequent milestones are spaced out gently at 5 to 10 percent per quarter. This extended schedule runs until the scheduled handover in the third quarter of 2028, allowing customers to balance daily living expenses while safely accumulating assets.

For buyers utilizing financial leverage, partner banks offer loans covering up to 80 percent of the property value. This comes with a principal grace period of up to 24 months, alongside developer-subsidized interest rates of up to 9 percent per annum for 18 months from the first disbursement date (applicable to loans covering 60 percent or more of the purchase price).

Conversely, capital-rich investors opting for the accelerated payment scheme gain a significant advantage with an immediate 7 percent direct discount. Combined with other incentives, the total discount can reach up to 11 percent, offering immediate returns at the time of transaction.

Furthermore, buyers' confidence is heavily anchored in Gamuda Land’s proven track record as a top-tier Malaysian developer, renowned for its fully completed masterplans in Vietnam, such as Gamuda City in Hanoi and Celadon City in Ho Chi Minh City.

Macro Drivers and Growth Potential

Looking at the broader picture, the project's momentum is strongly amplified by landmark macroeconomic transformations in the region.

Dong Nai’s recent official elevation to Vietnam’s seventh municipality under central management (as of April 30, 2026) has opened a promising new chapter for local development.

Within this growth trajectory, Nhon Trach emerges as a strategic hub, directly benefiting from industrial growth, logistics expansion, and a synchronized regional infrastructure network currently underway—including the Nhon Trach Bridge, Ring Road 3, the Ben Luc - Long Thanh Expressway, and the Bien Hoa - Vung Tau Expressway.

Crucially, the strongest growth catalyst comes from the accelerated construction of the Long Thanh International Airport mega-project, which is nearing its completion phases.

Additionally, Dong Nai remains one of the country’s largest industrial hubs, hosting nearly 1,600 active foreign direct investment (FDI) projects. This creates a rapidly expanding community of expatriates, experts, and high-income knowledge workers—the primary target demographic that Springville and Persa Place aim to serve over the long term.

While this launch marks a resounding success with all high-rise units at Persa Place fully spoken for, the momentum at the Springville international airport township shows no signs of slowing down. A significant pool of interested buyers who missed out on this phase are already waiting for subsequent releases, promising to drive further market waves in the near future.