The People’s Committee of Ben Luc commune recently organized a meeting with the locals to announce the decision on approving the compensation plan, support, and resettlement for the State’s land retrieval to implement the Thanh Phu Urban Area project combined with trade and services in Ben Luc district, Tay Ninh province, in the first phase.
The Thanh Phu Urban Area project combined with trade and services
covers an area of approximately 85 hectares with a total investment of over VND 10,662 billion approved by the Provincial People’s Committee. The two investors are BEHS Joint Stock Company and Covestcons Limited Company, a subsidiary of Coteccons.
At the meeting, the Ben Luc branch of the Land Development Fund Center provided detailed information to the people about the compensation plan, support, and resettlement related to the project in the first phase. At the same time, they distributed registration forms for each household to register to receive compensation funds and support.
The project has a total land retrieval area of 778,030.08 square meters, affecting 355 households. The total cost of compensation, support, and resettlement is over VND 1,688.9 billion, arranged by the joint venture of BEHS Joint Stock Company and Covestcons Limited Company.
Previously, the people in this commune also received compensation for the project
Eco Retreat eco-tourism urban area
in Thanh Phu commune, Ben Luc district, Long An province (formerly known as), now Ben Luc commune, Tay Ninh province. It is known that the total cost of site clearance compensation for this urban area project is about VND 4,400 billion.
The Eco Retreat project is invested by the joint venture of DB Investment and Development One-Member Limited Company and Ecopark Corporation. With a total investment of up to VND 16,981 billion, the compensation and site clearance work for this project is still being implemented.
Another project that has been approved for investment policy is the
Thanh Phu – Tan Buu Residential Area
in Thanh Phu and Tan Buu communes. This project has a total investment of about VND 6,200 billion, with a scale of 143 hectares. The investor is a joint venture between Hong Viet Joint Stock Company and Thang Long Real Estate Investment and Construction Company Limited.
According to the report on the implementation of the Thanh Phu – Tan Buu Urban Area project sent by the Hong Viet – Thang Long Joint Venture to the People’s Committee of Long An province, from June 2025 to December 2025, the site clearance will be completed for the entire project of 143.79 hectares. By February 2026, the investor will complete the land handover procedure.
From May 2026 to August 2026, the investor will fulfill financial obligations related to land in accordance with regulations. After that, starting from February 2026, the investor will complete the construction of technical infrastructure and complete the construction of commercial housing, resettlement housing, and social housing.
Also located in Ben Luc commune, adjacent to the 143-hectare Thanh Phu – Tan Buu Urban Area project, is the
King Hill Residences project
, a 20-hectare project developed by Dat Thuan Phat. This is a project that offers red book for each land plot, with prices starting from VND 23 million/square meter, located near major infrastructure works such as the Ben Luc – Long Thanh expressway, which is about to be opened to traffic, and the Belt Road 3, which is nearing completion.
It can be seen that the arrival of large enterprises in Ben Luc has quickly pushed
real estate prices in this area to a new level. Land prices in projects near large urban areas have started to increase. For example, King Hill Residences project has adjusted its selling price from VND 22 million/square meter to VND 24 million/square meter, an increase of 9% compared to the previous time.
The entry of large enterprises has also pushed land prices in Ben Luc commune up by 10-15% in just a few months, making it one of the “hot” markets in the outskirts of Ho Chi Minh City.
Real estate prices in Ben Luc are gradually increasing along with infrastructure and large-scale projects.
Moreover, the market in this area is also vibrant thanks to a series of large-scale transport projects that have been and are being implemented, creating a thorough connection between Ho Chi Minh City, the Southeast region, and the Mekong Delta.
The most prominent is the Ben Luc – Long Thanh expressway, 57 km long, with a total investment of more than VND 31,000 billion, expected to be put into operation by the end of 2025. When completed, this route will significantly reduce the travel time from the Mekong Delta to Long Thanh airport and the provinces in the East, reducing the pressure on the Ho Chi Minh City – Trung Luong expressway. Along with that, Belt Road 3 and Belt Road 4 in Ho Chi Minh City, which run through Ben Luc, are also being urgently implemented, opening up a new “gateway” connecting key industrial parks, urban areas, and seaports.
Not only that, the upgrading and expansion of National Highway 1A and Provincial Roads 830 and 830C have turned Ben Luc into an important goods and service transshipment point. This infrastructure synergy is the reason why Ben Luc has become a “hot spot” attracting the capital of real estate giants.
Experts believe that when the key projects are completed in the period of 2025-2030, the Ben Luc real estate market will still have room to grow and become one of the most vibrant development centers in the outskirts of Ho Chi Minh City.
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