HCMC – HCMC has proposed 74 land lots covering more than 1,079 hectares for pilot commercial housing projects under Resolution 171.
The Department of Agriculture and Environment submitted the list to the city government, according to local media. Of the proposed sites, 531 hectares are designated as residential land, including 8.2 hectares of existing housing land and 523 hectares to be converted for residential use.
Around 42 hectares of rice-growing land are also slated for conversion. No land classified as protected, special-use, or production forests is included in the proposal.
Resolution 171, adopted by the National Assembly, allows commercial housing projects to be developed through negotiated land-use rights transfers, even if the land is not originally designated for residential purposes. The regulation is intended to shorten procedures, accelerate project timelines, and expand housing supply.
The pilot mechanism permits developers to negotiate land-use rights or use existing land, provided the sites align with approved land-use plans and housing development strategies, and are located within urban or planned urban areas.
The department emphasized that the pilot program would not exceed 30% of the additional residential land quota under the province’s 2021-2030 planning period.
Enterprises whose registered land plots were not included in this first batch may be considered in a second phase expected in October.
Previously, developers could only build commercial housing on legally recognized residential land or mixed-use sites containing residential land. This restriction stalled projects in areas earmarked for urban development but not officially classified as residential.
The new regulation allows eligible non-residential plots within planned urban zones to be converted into residential land for housing projects, provided they do not involve forest land and remain within the 30% quota.