Ho Chi Minh City authorities have announced four additional housing projects where foreign individuals and organizations are permitted to own homes.
The newly approved projects include a high-rise apartment complex in Thao Dien Ward, Lot 3-11 in Functional Area No. 3 of the Thu Thiem New Urban Area, the Phuong Viet apartment project, and the Thu Thiem Observation Tower Complex.
As of August 2026, the city has designated 148 commercial housing projects in which foreign individuals and organizations are eligible to own residential properties.
Under the 2023 Housing Law, foreigners may own homes in housing development projects as stipulated by law, except for projects located in areas requiring national defense and security protection.
Foreign individuals and organizations may purchase, lease-purchase, receive as gifts or inherit residential properties in eligible projects. However, foreign ownership is capped at 30% of the total number of apartments in a condominium building.
Hồng Vinh
