The Opera Residence opens Penthouse on Level 24 and Loft on Level 23, booking closes on 04 August 2021

The Opera Residence opened online sales on 31 July 2021 for Penthouse on Level 24 and Loft on Level 23, with payment promotions, 5.6m to 6.2m ceiling heights, and a booking cutoff at 5PM on 04 August 2021.
Huynh Vo

Huynh Vo

2020
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Overview

The Opera Residence opened sales for two special product lines in the Scala tower: Loft on Level 23 and Penthouse on Level 24. Sales opened on 31/07/2021 for both products, and booking closed at 5PM on 04/08/2021.

Sales Timeline

The key milestones are:

DateDetail
27/07Deadline for refundable booking before the 31/07 online opening
31/07/2021Online opening for Penthouse (Level 24) and Loft (Level 23)
04/08/2021 - 5PMStop receiving booking
07/08/2021Final opening for 22 Loft units

This sales phase also came as Thu Thiem Bridge No. 2 was expected to complete by the end of 2021, improving the connection between the existing CBD in District 1 and the Thu Thiem peninsula.

Site plan showing the Scala and Massimo towers of The Opera Residence beside the Thu Thiem Opera House plot

Broader Thu Thiem site context with Central Plaza, the commercial zone, and The Opera Residence position marked

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Penthouse and Loft Details

Unit TypePositionQuoted PriceCeiling Height
LoftLevel 23From US$11,000/m²5.6m
PenthouseLevel 24From US$13,000/m²6.2m

Loft living and dining area rendering at The Opera Residence

Upper-floor family lounge rendering in the Loft unit

Penthouse pool-view rendering at The Opera Residence

85 sqm Loft Layout - 3 Bedroom Option

  • A lower floor with living, dining, kitchen, one master bedroom, and balcony space.
  • An upper floor with a junior master bedroom, bedroom 2, and a family lounge / study area.

Lower level layout of the proposed 85 sqm Loft plan, showing the living, dining, kitchen, and master bedroom arrangement

Upper level layout of the proposed 85 sqm Loft plan, with the junior master bedroom, bedroom 2, and family lounge / study

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Payment Terms and Discounts

The payment options and discounts were structured around two main groups:

ProgramDetail
Standard paymentImmediate 1.5% discount
Bank supportTPBank and the developer support principal grace period and 0% interest until handover or the end of 08/2023, whichever comes first
50% payment4% discount
70% payment7.5% discount
95% payment11.5% discount

The remaining release also focused on 22 Loft units with 5.6m ceiling height, at a quoted price range of US$9,800 - US$13,000 per sqm, excluding VAT.

Booking Cutoff on 04 August

Booking closed at 5PM on 04/08/2021

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