One of the projects in Ho Chi Minh City permitted for sale to foreign buyers. Photo: TBS Group
In An Khanh Ward (former Thu Duc City), two projects related to CapitaLand continue to be included, namely the Vista luxury apartment project covering about 2.36 hectares and the Sensation mixed-use residential and commercial project of approximately 0.80 hectares.
Additionally, the list includes an apartment tower project in Hiep Phuoc Commune developed by Giao Huong Xanh Co., Ltd., with a scale of about 1.98 hectares, and the Green Square urban – commercial – service project of 1.2 hectares developed by Thai Binh Investment JSC in Di An Ward.
Among medium and small-scale projects, the list features An Khang Building (A&K Tower), developed by OBC Thuan An JSC on an area of nearly 9,400 square meters in An Phu Ward, along with the An Phu Apartment project developed by An Phu Land Real Estate Investment Co., Ltd., covering about 8,500 square meters.
Previously, Ho Chi Minh City had announced six batches of projects eligible for foreign ownership. To date, the cumulative total has reached 131 projects.
The publication of this list aims to enhance transparency in foreign homeownership conditions while attracting skilled professionals and high-quality labor, in line with the city’s goal of becoming a financial, commercial, and high-tech industrial hub.
According to regulations, foreigners are allowed to own commercial housing in Vietnam if they meet legal requirements, with a maximum ownership ratio of 30% of units in a condominium or no more than 250 individual houses within a ward. Foreign organizations must possess valid investment registration certificates or legal documents when participating in transactions.
(Source: Phuong Uyen)
