Selling now Foreign quota
Novaland · Riverside Eco Townhouses & Villas
Aqua City
Bien Hoa, Dong Nai (Greater HCMC)
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.
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.
Pricing.
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.
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.
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?
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.
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).
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.
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 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 (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.
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