HCMC adds 24 more real-estate projects eligible for foreign ownership

HCMC adds 24 more housing projects open to foreign ownership

The HCMC People's Committee recently published a new list of 24 housing-development projects that allow sales to foreign individuals and entities.

Among the 24 newly added projects, supply concentrates in HCMC's south — particularly within Phu My Hung's development ecosystem, which accounts for most of the list. The East and other areas account for a relatively smaller share.

Specifically in the South, 19 projects across the Tan My and Tan Hung administrative units (the old District 7 / South Saigon New Urban Area A) are included. All are developed by Phu My Hung Development Co., Ltd.

Headline projects include Sky Garden 2, the My Phuc – H29-3 block, My Phuoc – H6-1, My An – H14-2, Nam Thien – H13-1, and the mixed-use parcel projects CR5-1B, CR5-2, C12B-2 and C17-2.

Three projects were added in the former Thu Duc City: an apartment complex on Lo Lu Street in the Long Phuoc area, an officetel project at 36 Mai Chi Tho Street, and a residential complex on Truong Luu Street in the Long Truong area.

Two more projects sit in other areas: the 'Hanh Phuc Apartment (The Felix)' in the Binh Hoa area, and the 'Tan Binh Apartment' in the Tan Dong Hiep area.

Earlier, HCMC released foreign-buyer-eligible project lists four times across 2025 and early 2026. Counting this latest release, the total now reaches 117 projects.

HCMC is now positioning itself as an international financial centre, a free-trade hub, and a semiconductor-industry city. Under that development strategy, residential demand from foreign professionals and engineers is expected to keep rising.

Expanding the list of foreign-sale-eligible projects is expected to support attracting and retaining high-skill talent — and to strengthen the investment appeal of Vietnam's real-estate market.

Per current rules, foreigners can buy housing in commercial residential projects outside national-defence and security zones — up to 30% of the units in an apartment complex, or up to 250 standalone houses per administrative ward.

For transactions, foreign individuals must have legal entry status and meet the legal requirements; foreign entities must hold a valid investment-registration certificate or documentation proving lawful business activity.