A mixed-use township of more than 55 ha in the centre of Nhon Trach Ward, Dong Nai City - developed by Taekwang Vina (South Korea), with Daewoo E&C Vina joining as investment partner in August 2024
Fo;Res Centerm is the commercial name of a mixed-use township of more than 55 ha (about 55.3 ha) in the centre of Nhon Trach Ward, Dong Nai City. Its legal name is "Residential area under the master plan in Long Tan Commune and Phu Hoi Commune, Nhon Trach District", with the 1/500 detailed plan approved under Decision No. 3467/QD-UBND dated 2 October 2018. The Dong Nai Provincial People's Committee granted the investment certificate to Taekwang Vina Industrial Co., Ltd. in 2007; in 2021 the developer proposed raising total investment capital to more than VND 5,000 billion. In August 2024, Daewoo E&C announced an additional capital injection of USD 105 million to co-develop the project with Taekwang Vina under the commercial name Fo;Res Centerm, following Korean master-planning principles.
Administratively, on 1 July 2025 the communes of Long Tan, Phu Hoi, Phu Thanh and Phuoc Thien together with Hiep Phuoc township were merged into Nhon Trach Commune; from 30 April 2026, when Dong Nai officially became a centrally governed city, that unit was upgraded to Nhon Trach Ward - one of 10 new wards. Sales materials issued before then still say "Nhon Trach Commune" or "Nhon Trach District, Dong Nai Province", which buyers should keep in mind when cross-checking documents.
Under the published master plan, the township comprises around 544 low-rise units on 9 ha, three apartment blocks with about 1,600 units on 5.7 ha, a 3.9 ha mixed-use zone, about 860 social housing units on 3.7 ha, a 1.9 ha shopping centre and 5.3 ha of public facilities (including schools). Phase 1 is expected to bring 306 low-rise products to market: 38 Garden Villas, 57 Single Villas, 35 Shop Villas, 156 Shophouses and 20 Townhouses, with land areas of roughly 100.8 - 252 sqm per unit and construction floor areas of roughly 290 - 378 sqm per unit.
**Pricing.** As of this update, the developer has not released an official price list. Every figure circulating in the market comes from distribution agents and the spread is very wide: some listings quote townhouses from about VND 3.9 - 4.5 billion per unit, while others put nha pho (townhouses) at VND 5 - 8 billion, the Townhouse line at VND 9 - 10 billion, shophouses at VND 12 - 14 billion and villas at VND 6.5 - 25 billion per unit; frontage shophouses are being offered from about VND 100 million per sqm of land, excluding VAT. Meanwhile, other agents state plainly that prices are "being updated" or "not officially announced". Because the gap between sources reaches two to three times for the same product line, none of the figures above should be treated as an official selling price; buyers should wait for the price list issued by the developer together with the payment schedule and discount policy before paying a deposit.
**The developer.** The legal developer is Taekwang Vina Industrial Co., Ltd., part of Taekwang Group (South Korea) - a long-established business in Dong Nai, best known for large-scale export footwear manufacturing. Daewoo E&C Vina is not the original developer but an investment partner that joined in August 2024 after Daewoo E&C announced an additional USD 105 million of capital; Daewoo E&C has been present in Vietnam since 1992, developed the 186 ha Starlake Tay Ho Tay township in Hanoi and established Daewoo E&C Vina in 2017. In addition, announcements from the Dong Nai Provincial People's Committee also name Korea Land & Housing Corporation (LH) as a co-investor. The label "TKG Taekwang Vina x Daewoo E&C Vina joint venture" is therefore a commercial name only and does not fully reflect the project's legal structure.
**Construction progress and sales status.** Infrastructure works started in February 2025. So far the township has an entrance gate, the main spine road and landscaping; according to press reports, many internal roads are unfinished and no commercial house or apartment block has been built. The show houses and Sales Gallery are being completed, several distributors confirm the project has not officially launched, and no Department of Construction document declaring the project "eligible to be put into business" has been found specifically for Fo;Res Centerm. Happy Land therefore classifies the project as coming soon, with no announced price and no announced handover date.
**Who is it for?** Owner-occupiers include experts, engineers and families working in the Nhon Trach industrial park cluster, along with Ho Chi Minh City residents who want to move to a low-rise home with a garden within about 30 minutes of Thu Thiem. On the investment side, the profile suits medium- to long-term buyers who are betting on the infrastructure cycle around Long Thanh Airport, Ring Road 3 and the Thu Thiem - Long Thanh railway, and who accept that this project has run for close to two decades and has only recently restarted. Conversely, investors who need immediate rental cash flow or fast liquidity should think carefully, as population density in the Nhon Trach area is still filling in.
Happy Land tracks the legal progress, the official launch date, the price list and the sales policy of Fo;Res Centerm as soon as the developer releases them. Contact us for early updates, help cross-checking the legal file, and advice on choosing a product that fits your budget and investment goals.
📍 Nhon Trach Ward (former Long Tan - Phu Hoi communes, former Nhon Trach District), Dong Nai City
Fo;Res Centerm sits on the Nguyen Huu Canh - Ton Duc Thang axis in Nhon Trach Ward, Dong Nai City. This administrative unit was created on 1 July 2025, when the communes of Long Tan, Phu Hoi, Phu Thanh and Phuoc Thien together with Hiep Phuoc township merged into Nhon Trach Commune, which was then upgraded to a ward on 30 April 2026 - the date Dong Nai officially became a centrally governed city and launched 10 new wards. That is why many older sales documents still write "Nhon Trach Commune" or "Nhon Trach District, Dong Nai Province". This is the former administrative centre of Nhon Trach District, already served by government offices, a medical centre, schools and an existing retail network, so the project does not stand isolated in open land. In regional terms, the township lies between the two growth poles of the eastern corridor: Long Thanh International Airport to the east and downtown Ho Chi Minh City to the west. Nhon Trach Bridge on HCMC Ring Road 3 opened to traffic on 20 August 2025, shortening the drive to Thu Duc City and Thu Thiem, while the HCMC - Long Thanh - Dau Giay Expressway and Route 25B support the airport direction. Under the plan for the Thu Thiem - Long Thanh railway, Nhon Trach station is positioned right on the township's boundary - the most notable long-term infrastructure factor, although the line is still in investment preparation, so actual progress should be monitored. The project is surrounded by the Nhon Trach 1-6 industrial park cluster with its large population of experts, engineers and workers, creating genuine owner-occupier and rental demand for low-rise products.
The legal developer is Taekwang Vina Industrial Co., Ltd. (Taekwang Group, South Korea); since August 2024 Daewoo E&C Vina has taken part as an investment partner - Daewoo E&C has operated in Vietnam since 1992 and is the developer of the 186 ha Starlake Tay Ho Tay township.
More than 55 ha right in the centre of Nhon Trach Ward, Dong Nai City; the developer proposed raising total investment capital to over VND 5,000 billion (a 2021 proposal published on the Dong Nai Provincial People's Committee portal; no approval has been announced).
Phase 1 is expected to bring 306 low-rise products to market: 38 Garden Villas, 57 Single Villas, 35 Shop Villas, 156 Shophouses and 20 Townhouses.
Positioned between Long Thanh International Airport and downtown Ho Chi Minh City, connected via Nhon Trach Bridge on HCMC Ring Road 3, which opened to traffic on 20 August 2025.
A fully mixed-use master plan: low-rise homes, high-rise apartments, a 3.9 ha mixed-use zone, about 860 social housing units, a 1.9 ha shopping centre and 5.3 ha of public facilities including schools.
The project is completing its show houses and Sales Gallery; it has not officially launched and no price list has been announced - suitable for buyers who want to track it early and register interest before official policy is released.
For landed low-rise products (townhouses, shophouses, villas), foreigners may not receive a transfer of residential land use rights; they may only buy individual houses within a project, capped at 10% of the total number of individual houses in each project, with a 50-year ownership term that may be extended under the regulations. For the apartment blocks planned in later phases, the cap is 30% of the units in each building. Nhon Trach also sits close to many industrial parks and key national works, so before signing any contract the specific location must be checked against the list of areas requiring national defence and security clearance published by the authorities. Because the project has not officially launched and no document confirming it is "eligible to be put into business" has been verified for Fo;Res Centerm, foreign buyers should request the complete legal file - including the sale-eligibility confirmation and the ownership certificate (so hong, the "pink book") route applicable to foreign buyers - before paying any deposit. Eligibility must be checked for the property type, project, specific unit and buyer. Read the foreigner guide →
Fo;Res Centerm is the commercial name of a planned residential area in Long Tan and Phu Hoi communes (former Nhon Trach District), covering more than 55 ha in the centre of Nhon Trach Ward, Dong Nai City. The legal developer is Taekwang Vina Industrial Co., Ltd., part of Taekwang Group (South Korea), which received the investment certificate in 2007. Daewoo E&C Vina is an investment partner that joined in August 2024 after Daewoo E&C announced an additional USD 105 million of capital; announcements from the Dong Nai Provincial People's Committee also name Korea Land & Housing Corporation (LH) as a co-investor. The master plan includes townhouses, shophouses, low-rise villas, three apartment blocks with about 1,600 units, a 3.9 ha mixed-use zone, about 860 social housing units, a 1.9 ha shopping centre and 5.3 ha of public facilities.
The project has not officially launched. Infrastructure works started in February 2025 and so far there is only an entrance gate, the main spine road and landscaping; many internal roads are unfinished and no commercial house or apartment block has been built. The show houses and Sales Gallery are being completed, and several distributors confirm the project has not officially launched and that no price list has been issued by the developer. The handover date has not been announced either, so the claim circulating in the market that "low-rise handover starts in 2026" has no confirmed basis.
The developer has not released an official price list. All figures in circulation come from agents themselves and differ by two to three times for the same product line: some sources quote townhouses at about VND 3.9 - 4.5 billion per unit, others put nha pho (townhouses) at VND 5 - 8 billion, the Townhouse line at VND 9 - 10 billion, shophouses at VND 12 - 14 billion and villas at VND 6.5 - 25 billion per unit; frontage shophouses are offered from about VND 100 million per sqm of land, excluding VAT. Many other agents state plainly that prices are "being updated" or "not officially announced". Buyers should therefore wait for the price list issued by the developer, together with the payment schedule, discounts and legal file, before paying a deposit.
For landed low-rise products, foreigners may not receive a transfer of residential land use rights; they may only buy individual houses within the project, capped at 10% of the total number of individual houses in the project, with a 50-year ownership term that may be extended under the regulations. For the apartment blocks planned in later phases, the cap is 30% of the units in each building. Because the Nhon Trach area concentrates many industrial parks and key national works, the specific location must be checked against the list of areas requiring national defence and security clearance before any contract is signed. In addition, since the project has not officially launched, foreign buyers should request the complete legal file and the document confirming the project is eligible to be put into business - including the ownership certificate (so hong, the "pink book") route for foreign buyers - before committing funds.
Fo;Res Centerm (KĐT Long Tân – Phú Hội) is priced The developer has not released an official price list for Fo;Res Centerm. Agents are quoting reference figures that differ widely (townhouses roughly VND 4.5 - 10 billion, shophouses VND 12 - 14 billion, villas VND 6.5 - 25 billion per unit), so it is worth waiting for the official price list issued by the developer. (around Chưa có đơn giá chính thức; một số đại lý chào tham khảo shophouse mặt tiền từ khoảng 100 triệu đồng/m² đất (chưa gồm VAT) – con số này chưa được chủ đầu tư xác nhận). Contact Happy Land for the detailed price list and current available units.
Fo;Res Centerm (KĐT Long Tân – Phú Hội) is developed by Công ty Taekwang Vina Industrial (Tập đoàn Taekwang, Hàn Quốc) – chủ đầu tư pháp lý; Daewoo E&C Vina là đối tác hợp tác đầu tư từ tháng 8/2024; công bố của UBND tỉnh Đồng Nai còn nêu Korea Land & Housing Corporation (LH) với vai trò đồng chủ đầu tư, located in Nhon Trach Ward (former Long Tan - Phu Hoi communes, former Nhon Trach District), Dong Nai City. Project scale: More than 55 ha (about 55.3 ha) in the centre of Nhon Trach Ward; the master plan comprises around 544 low-rise units on 9 ha, 3 apartment blocks with about 1,600 units on 5.7 ha, a 3.9 ha mixed-use zone, about 860 social housing units on 3.7 ha, a 1.9 ha shopping centre and 5.3 ha of public facilities (including schools). Phase 1 is expected to release 306 low-rise products..
Fo;Res Centerm (KĐT Long Tân – Phú Hội) is currently coming soon. Expected handover: Not officially announced. Infrastructure works began in February 2025; on site there is currently a gate, the main spine road and landscaping, while many internal roads remain unfinished and no commercial house or apartment block has been built yet.. Contact Happy Land for the latest construction progress and available units.
Fo;Res Centerm (KĐT Long Tân – Phú Hội) (Townhouses, shophouses, villas & apartments (mixed-use township)) offers: Low-rise townhouses, shophouses and villas (construction floor area 290 - 378 sqm per unit); the apartment blocks planned for later phases are expected to offer 1 - 3 bedrooms, including duplexes and penthouses. Contact Happy Land for floor plans and prices for each unit type.
Fo;Res Centerm (KĐT Long Tân – Phú Hội) is located in Nhon Trach Ward (former Long Tan - Phu Hoi communes, former Nhon Trach District), Dong Nai City. Notable connections and amenities: Long Thanh International Airport - about 10 - 15 minutes' drive; Nhon Trach station on the Thu Thiem - Long Thanh railway (in investment preparation) - on the project boundary, about 350 m; Nhon Trach Bridge on HCMC Ring Road 3 - about 10 minutes; Thu Thiem centre, Ho Chi Minh City - about 25 minutes via Ring Road 3.
For landed low-rise products (townhouses, shophouses, villas), foreigners may not receive a transfer of residential land use rights; they may only buy individual houses within a project, capped at 10% of the total number of individual houses in each project, with a 50-year ownership term that may be extended under the regulations. For the apartment blocks planned in later phases, the cap is 30% of the units in each building. Nhon Trach also sits close to many industrial parks and key national works, so before signing any contract the specific location must be checked against the list of areas requiring national defence and security clearance published by the authorities. Because the project has not officially launched and no document confirming it is "eligible to be put into business" has been verified for Fo;Res Centerm, foreign buyers should request the complete legal file - including the sale-eligibility confirmation and the ownership certificate (so hong, the "pink book") route applicable to foreign buyers - before paying any deposit. Happy Land helps check buyer eligibility, project documents and the specific unit before a transaction.
Selling now Foreign quota Novaland · Riverside Eco Townhouses & Villas
Bien Hoa, Dong Nai (Greater HCMC)
Selling now Eligibility: ask CTCP Địa Ốc Tân Vạn (Tân Vạn Holdings / TV Holdings) · Riverside condominium apartments
Tan Van Ward, Bien Hoa, Dong Nai (Greater HCMC)
Selling now Eligibility: ask Công ty CP Địa ốc Thăng Long (Thang Long Real Group) – chủ đầu tư Thăng Long Hiệp Phước · Premium condominium
Nhon Trach, Dong Nai (Greater HCMC / Long Thanh Airport corridor)