HCMC branded residence project debuted in Hong Kong at $1 mln starting price By May Pham  April 2, 2021 | 11:20 am GMT+7 The Grand Marina, Saigon, Marriott's largest branded residence project developed by Vietnam's Masterise Homes, was purchased at a starting price of $1 million per apartment in Hong Kong this March. Artitst’s impression of Grand Marina, designed to Marriott standards. Photo by Masterise Homes. The price, equivalent to a unit price of $18,000 per square meter, is significantly higher than other luxury apartments in Ho Chi Minh City with an average price of nearly $7,000 per square meter, according to CBRE Vietnam’s 2020 Real Estate Market Spotlight.