Thu Duc to Auction 342ha for Transit-Oriented Development
Thu Duc City has announced plans to auction three major land plots covering 342 hectares by the end of 2025 to implement Transit-Oriented Development (TOD) projects.
📌 Key Highlights:
- 🚆 TOD Focus: Urban development centered around public transit hubs.
- 📍 Strategic Locations: Along Metro Line 1 & Ring Road 3.
- 💰 Auction Proceeds: To be reinvested in infrastructure development.
- 🏗 First Large-Scale TOD in Vietnam.
These developments will increase land use efficiency, population density, and accessibility, mirroring successful TOD models worldwide.
Table of Contents
Key Land Plots Selected for TOD Development
The three sites selected for TOD projects are strategically placed near major transport corridors:
📍 1. Phuoc Long Station TOD (160ha)
- Located in Truong Tho & Phuoc Long A Wards.
- Directly connected to Metro Line 1 (Ben Thanh – Suoi Tien).
- Planned for mixed-use development & public facilities.
📍 2. Nong Truong Dua TOD (152ha)
- Connected to Ring Road 3.
- Planned for commercial & mixed-use projects.
📍 3. Long Binh TOD (29ha)
- Site of the Nhatico Factory.
- Designated for residential & mixed-use urban development.
These projects will reshape Thu Duc City, boosting urban density, walkability, and public transport reliance.
How TOD Will Transform Thu Duc City
TOD (Transit-Oriented Development) is designed to reduce car dependency by encouraging high-density development near public transit hubs.
🚆 Expected Benefits of TOD:
✅ More Efficient Land Use – Higher density near metro stations.
✅ Sustainable Urban Growth – Less traffic congestion & emissions.
✅ Improved Connectivity – Seamless integration of transit & urban living.
✅ Stronger Real Estate Market – Increased property values around transit zones.
📊 HCMC’s TOD Vision:
- 64,000ha identified for TOD projects.
- 355km of metro lines to be completed by 2035.
- 11 TOD zones planned across Metro Lines 1, 2 & Ring Road 3.
Timeline for Land Auctions & Development
📆 Project Timeline:
- Q1 2025: Define land boundaries & legal framework.
- Q2-Q3 2025: Adjust master plans & zoning regulations.
- Q4 2025: Auction lands & select investors.
- 2026+: Begin development of TOD projects.
💰 Proceeds from land sales will be reinvested into HCMC’s infrastructure, particularly metro expansions & urban improvements.
The Future of TOD in HCMC
🚀 Upcoming TOD Developments in HCMC:
- 9 new TOD projects planned in Tan Binh, Tan Phu, Thu Duc & Hoc Mon.
- Expansion of mixed-use, high-density urban centers along transit corridors.
- Global TOD trends influencing Vietnam’s urban planning strategy.
📢 Why It Matters:
As Vietnam’s first large-scale TOD initiative, Thu Duc’s developments will set a national precedent, shaping the future of urban mobility & sustainable growth.
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