News about Ho Chi Minh City

HCMC authorities issued decisions to auction land-use rights for three plots in the Thu Thiem New Urban Area (An Khanh ward), which were cancelled in 2021, to select investors for housing and mixed-use projects. Compared with the plan proposed in August 2026, the starting prices of all three plots have been raised; plot 1.K3.5.HH (formerly 3-12, about 10,059.7 m²) now starts at over 10,198 billion VND, or 1.014 billion VND per m². The combined starting price of the three plots exceeds 14,500 billion VND, and bidders must meet minimum owner's equity requirements set by regulation. The report also covers plot 3-5 (6,446 m², starting at over 1,901 billion VND) and plot 1-12 (nearly 32,000 m², starting at 5,663.3 billion VND, to be leased).