The Ho Chi Minh City People’s Committee has approved 54 real estate developers to pilot commercial housing projects on agricultural land.
These 54 approved land plots span over 6.55 million square meters, including nearly 213,000 square meters of rice fields slated for conversion. Among these, 48 plots are located in the former Ba Ria – Vung Tau area, and 6 are in the former Ho Chi Minh City area.
The Ho Chi Minh City People’s Committee stated that this announcement serves as the basis for developers and authorities to proceed with subsequent procedures. They urged relevant departments, agencies, and localities to collaborate and facilitate the projects’ implementation in compliance with regulations, transparency, and efficiency. Moving forward, Ho Chi Minh City will continue to review suitable land plots to expand the list of pilot projects.
Previously, the Ho Chi Minh City People’s Council approved the list of land plots for pilot projects in 2025 (Phase 1) under Resolution No. 171/2024 of the National Assembly.
Specifically, the Ho Chi Minh City People’s Council approved 54 out of 74 land plots submitted by the People’s Committee for pilot use of agricultural land for commercial housing projects, without requiring 100% residential land as per current laws. The common deadline for these projects is March 31, 2030.
Ho Chi Minh City allows pilot implementation of commercial housing projects through land use rights agreements or existing land use rights.
These pilot projects are implemented in three forms. The first involves acquiring land use rights for large-scale eco-housing projects such as Phu Thinh Eco-Housing, Phu Gia Eco-Housing, An Phu Eco-Housing, and Gia Hung High-End Housing.
The second form applies to projects where real estate businesses already hold land use rights, such as the OSC High-Rise Residential and Commercial Complex, Le Loi Low-Rise Housing, and Long Hung – Charm City Vung Tau High-End Complex.
The third form combines existing land use rights with acquiring new land use rights, applicable to projects like the Sao Mai Phu My Commercial and High-End Apartment Complex, the 24-Story Apartment Building in Ward 16, District 8 (former), and the My Phu Residential Area.
For the 20 out of 74 land plots that do not yet meet legal requirements, the Ho Chi Minh City People’s Committee has directed a review to ensure compliance with legal provisions. Once fully legalized, the People’s Committee will report each project individually, compile a list, and resubmit it to the People’s Council.
Resolution 171 allows pilot commercial housing projects through land use rights agreements or existing land use rights, rather than requiring 100% residential land as per current laws. It permits real estate businesses to acquire land use rights and change land purposes for agricultural land, non-agricultural non-residential land, residential land, and other land types, provided the land aligns with local housing development plans.
Previously, laws only allowed commercial housing projects on legal residential land or land mixed with residential use. Consequently, many urban-zoned land plots unable to obtain residential status remained undeveloped, leading to years of stalled plans and challenges for businesses in consolidating land for investment approval.
Details of the 54 land plots, including location, area, and project names:
