The luxury real-estate market in Vietnam is heating up — and it's luring foreign buyers in with 'sky mansions' at a fraction of what their cost would be in NYC or Hong Kong

At Feliz en Vista, a four-tower luxury condominium development in Ho Chi Minh City's District 2 developed by Singapore-based CapitaLand, buyers can choose from a mix of garden villas, duplex penthouses, and"sky mansions." The property offers ultra-luxe amenities including a swimming pool with hot spring Jacuzzi and water slide, an outdoor movie theater, a treetop adventure walking bridge, a fitness center, sky garden, library, playground, tennis court, and parking.

The condos launched at prices between $232 and $290 per square foot. On the high end, this would come out to $1.56 million for one of the building's 500-square-foot penthouses. More than 99% of the units at Feliz en Vista were sold by the end of 2018, a representative for the developer told Business Insider.And at the The Grand Manhattan, a 39-story development that will include apartments, a hotel, and restaurants in Ho Chi Minh City's District 1, known as"Saigon's Wall Street," the New York City-inspired condos

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