On March 27, 2026, Ricons, in collaboration with Newtecons and SOL E&C, officially commenced construction of the Masteri Grand Coast project — the final signature development of the premium Masteri Collection within Ocean City, developed by Masterise Homes.
Perspective view of the Masteri Grand Coast project
Located at the heart of Ocean Park 2 in Hung Yen, the project boasts a prime location with direct views overlooking the Wonder Wave Park lagoon. Developed on a site area of over 7.2 hectares, Masteri Grand Coast comprises seven 27-storey towers and two interconnected basement levels, delivering a total of 3,156 high-end apartments.
Within this development, Ricons is responsible for the construction of three towers (L3, L4, and Z3), further reinforcing its proven track record in delivering large-scale high-rise residential projects.
Designed as a premium residential complex with a fully integrated amenity system, Masteri Grand Coast contributes to shaping the urban landscape of Ocean City — a rapidly emerging international-standard community, offering a modern and upscale living environment.
Leveraging its extensive experience in executing major high-rise developments, Ricons is committed to mobilizing resources effectively and implementing the project in strict compliance with Safety – Quality – Schedule standards, ensuring technical requirements and overall project timelines are met, while partnering with the Developer to successfully bring the project to completion.
