Binh Duong allows change of land use purpose for building high-rise apartments adjacent to Ho Chi Minh City

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Binh Duong - The Provincial People's Committee allowed enterprises to change land use purposes to build high-rise apartments in Vinh Phu ward, Thuan An city.

The People's Committee of Binh Duong province has decided to allow STC Corporation Joint Stock Company to change the land use purpose to implement the Stown Gateway Commercial Service Area and High-rise Apartment Project. The locations of the plots of land are on map sheet No. 63, Vinh Phu ward, Thuan An city.

The land area allowed to change the purpose of use is 8,450 m2. In which, the purpose of land use from perennial crops to urban residential land with an area of 160 m2 is changed, in the form of land allocation by the State with land use fees collected.

For the area of 8,290 m2 of land that the company has received the transfer, it will be managed, used and invested in construction in accordance with the approved detailed plan of the project.

The land use period is until April 24,755. Land price to fulfill financial obligations according to the provisions of law.

The People's Committee of Binh Duong province assigned the Department of Agriculture and Environment and relevant departments to advise on determining land prices for calculating land use fees. At the same time, determine the boundary and hand over the land on the field.

Requesting enterprises to manage, use land and fulfill financial obligations according to regulations.

Previously, in June 2024, the People's Committee of Binh Duong province approved the investment policy for the above project. The project will build 2 blocks, each block is 26 floors high, of which the 2 floors below are used as a commercial center, the 23 floors above are apartments.

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