09/07/2026
Out of every 100 clients consulting Achieve Realty VN about The Global City, roughly 95 ask about the selling price. Only five ask about the management fee.
Those five are invariably experienced condominium owners. This article answers exactly one question: what is the actual management fee at The Global City, and how much will you really be out of pocket each month? We also highlight a crucial detail clearly stated in Masterise Homes' pricing sheet that very few read carefully.
Contact Achieve Realty VN:
📞 086 888 2539 – 0966 692 202
📧 sales@achievereal.com
Most developments in HCMC only have a single management fee line item. One figure, multiplied by your unit's area, and you're done.
The Global City is different — and the reason is straightforward. This is a 117-hectare master-planned township. Beyond the building you live in, there is the musical fountain canal, City Park, an extensive park system, internal road networks, and pillarless underground infrastructure. These amenities do not belong to any single residential tower.
Therefore, the fee structure is split into two components:
You pay both. Only when added together do you get the true figure.
According to the official documents released by the developer, Masterise Homes:
| Zone | Condominium Management Fee | Township Shared Area Fee | Total (Excl. VAT) |
|---|---|---|---|
| Masteri Collection (Grand View, Park Place, Cosmo Central) |
23,600 VND/sqm/month | 5,100 VND/sqm/month | 28,700 VND/sqm |
| Lumière Series (Lumière Midtown) |
24,600 VND/sqm/month | 5,100 VND/sqm/month | 29,700 VND/sqm |
| SOLA Peninsula (Villas) |
28,700 VND/sqm/month | 5,100 VND/sqm/month | 33,800 VND/sqm |
| SOHO Commercial Shophouses | 17,000 VND/sqm/month | 5,100 VND/sqm/month | 22,100 VND/sqm |
All figures above are exclusive of VAT. This is the most crucial detail of this entire article, and we will explain exactly why below.
* Reference data as of July 9, 2026 — must be cross-checked with the Sales and Purchase Agreement (SPA) and official notices from the Property Management before making financial decisions.
Assuming a standard 10% VAT (during periods of VAT reduction to 8%, the figures below will decrease by roughly 2%).
Masteri Collection — Total ~31,570 VND/sqm/month incl. VAT:
Lumière Series — Total ~32,670 VND/sqm/month incl. VAT:
Looking at this table, a 3BR unit at Lumière Midtown will cost over 51 million VND in management fees annually. This excludes car parking.
For SOLA and SOHO, we have not yet verified whether the fee is calculated based on Land Area or Gross Floor Area (GFA). The discrepancy between these two calculation methods for a 5-story shophouse is massive — potentially up to three times. This is a mandatory question to ask before signing.
The numbers are not arbitrary.
SOLA is the highest because it is a villa peninsula along the Rach Chiec river, featuring the lowest population density in the entire project. Fewer owners share the operational costs of security, landscaping, and private pools. You are paying for exclusivity and low density — and that is exactly what you buy when you purchase SOLA.
SOHO is the lowest because most of the amenities for a commercial shophouse fall outside the property management's purview. No shared elevators, no common corridors, no high-rise pools. You manage your own premises.
Lumière is marginally higher than Masteri by 1,000 VND/sqm due to a denser internal amenity ecosystem. One thousand VND sounds negligible. But multiply that by 130 sqm, by 12 months, and by a 10-year holding period — it equals over 15 million VND.
This is a point Achieve Realty VN wants to address directly.
Many sales programs by Masterise Homes at The Global City come with a 24-month management fee waiver from the handover date, applicable to select zones and specific launch phases. Some programs state 12 months, others 24 months — depending on the phase and zone.
This incentive is genuine, and it holds real monetary value. For a 3BR Lumière Midtown unit, two free years equate to over 100 million VND. However, there are three things you must understand:
We are not saying this incentive is bad. We are saying: do not factor it into your permanent revenue column.
Mistake 1 — Only reading the big number.
Looking at "23,600" and concluding that Masteri Collection is cheaper than Empire City Linden (25,300 VND/sqm, incl. VAT). This is a double error: it hasn't factored in the 5,100 VND shared fee, nor the VAT. The true figure for Masteri Collection is ~31,570 VND/sqm.
Mistake 2 — Forgetting the VAT.
The Global City's schedule is exclusive of VAT. Many other projects' schedules are inclusive of VAT. Comparing two inconsistently benchmarked tables means your comparison is flawed from the very first line.
Mistake 3 — Failing to ask about the calculation basis.
Net Saleable Area (Carpet area) or Gross Floor Area (Built-up area)? For a 113 sqm unit, the discrepancy between the two measurement methods is usually 5–8% — amounting to hundreds of thousands of VND each month, and tens of millions over an investment cycle.
Mistake 4 — Forgetting parking fees.
Car parking in the East District currently ranges from 1.5–2.5 million VND/month. A family with one car and two motorbikes could easily add nearly 3 million VND to their monthly overhead.
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