Hong Hac City Legal Status: Complete Documentation, Pink Book Issued per Unit, Long-Term Ownership

The legal status of Hồng Hạc City Phú Mỹ Hưng has been fully verified and completed, including the investment registration certificate, the land allocation decision issued by the Bắc Ninh Provincial People’s Committee, the detailed 1/500 plan, the construction permit and sale and purchase agreements signed directly with developer Phú Mỹ Hưng. In particular, the entire legal dossier is built on a clean land fund, with site clearance obligations completed since 2011, providing the strongest legal foundation for buyers before committing their funds.

In addition, the land-title position at Hồng Hạc City is a notable highlight: more than 1,000 properties in the Hồng Phát subdivision have completed the procedures for issuance of Certificates of Land Use Rights, representing 35% of the 2,844 properties across the entire development. Furthermore, all 323 Zone F1-1 properties launched for sale in June 2025 already have their certificates, which is extremely rare for a development of nearly 200ha that is still in its next stage of development.

More importantly, buyers at Hồng Hạc City enjoy long-term ownership with all 5 core rights under Vietnamese law: use, transfer, lease, mortgage and inheritance. Not only that, developer Phú Mỹ Hưng holds 99.68% of the project’s shares, provides assurance for the project’s entire legal status and signs sale and purchase agreements directly with customers, without any intermediary.

The article will now examine each layer of the legal dossier, the certificate status of each subdivision and the full range of long-term ownership rights, giving buyers the clearest possible basis before paying a deposit for Hồng Hạc City.

What Is Hồng Hạc City’s Legal Status and Which Documents Does It Include?

Hồng Hạc City’s legal status comprises the legal documents issued by state authorities and completed by the developer, including 5 core documents: the investment registration certificate, land allocation decision, detailed 1/500 plan, construction permit and sale and purchase agreement, ensuring that the entire transaction is lawful, from the state level through to each individual home.

What Is Hồng Hạc City’s Legal Status and Which Documents Does It Include
What Is Hồng Hạc City’s Legal Status and Which Documents Does It Include

More specifically, in the property sector, a development’s legal dossier serves as the asset’s “birth certificate”. Buyers need to check each layer of documentation before committing their funds, as each document protects a different right: the investment registration certificate confirms the developer’s legal status, the land allocation decision establishes lawful land-use rights, the 1/500 plan ensures the legality of each property, the construction permit authorises construction in accordance with the applicable standards, and the sale and purchase agreement directly protects the buyer’s rights throughout the transaction lifecycle.

Below is a summary table of the 5 core legal documents at Hồng Hạc City, with each column showing the document name, issuing authority and corresponding role in protecting buyers:

Document type Issuing authority Role in protecting buyers
Investment registration certificate No. 21.1.2.1.000 261 Bắc Ninh Department of Planning and Investment Confirms the developer’s valid legal status
Land allocation decision No. 1503/QĐ-UBND Bắc Ninh Provincial People’s Committee Establishes lawful land-use rights and clean land status
Detailed 1/500 plan Bắc Ninh Provincial People’s Committee (adjusted in 2019) Ensures legality and defines the layout of each plot
Construction permit Bắc Ninh Department of Construction Authorises construction in accordance with national building standards
Sale and purchase agreement Phu My Hung Development Corporation Directly protects the rights of the buyer of each property

More importantly, Hồng Hạc City’s legal status is not merely a formality. All 5 layers of documentation have been completed and verified by the competent state authorities, creating comprehensive legal assurance from the project level down to each individual home and specific land plot.

Does Hồng Hạc City Have All the Necessary Legal Permits?

Yes, Hồng Hạc City has all the necessary legal permits, supported by at least 3 specific documentary proofs: the investment registration certificate issued in 2010, the land allocation decision issued by the Bắc Ninh Provincial People’s Committee in 2011 and the official in-principle investment approval granted at the province’s investment promotion conference in September 2024.

To better understand the value of each legal document, below is a detailed analysis of each type of document and its practical significance for buyers:

What Does Hồng Hạc City’s Land Allocation Decision Mean for Buyers?

Land allocation decision No. 1503/QĐ-UBND dated 24/11/2011, issued by the Bắc Ninh Provincial People’s Committee, is the most important document in Hồng Hạc City’s legal dossier. It confirms that the land fund is clean, site clearance has been completed and the state has lawfully granted the developer management rights over the land.

Specifically, the significance of this document for buyers is reflected in 3 important layers of protection. First, clean land means there are no land-use-right disputes and no risk of repossession or claims from third parties after purchase. Second, the land’s official allocation by the state provides the legal basis for the developer to carry out construction in accordance with regulations and for buyers to be issued valid land-use-right certificates. Third, when an asset has a clear land origin established by a state decision, banks will agree to accept it as collateral and release loans to buyers. This is why Vietcombank, BIDV and VietinBank all accept guarantees and provide loans at Hồng Hạc City.

In addition, in 2016, the Bắc Ninh Provincial People’s Committee issued document No. 972/UBND-XDCB approving in principle the transfer of the project’s shares to Phú Mỹ Hưng. Since then, Phú Mỹ Hưng has held 99.68% of the shares and become the entity directly responsible for the project’s entire legal status, an exceptional mark of credibility that very few property developments in Bắc Ninh possess.

What Is the Current Status of Hồng Hạc City’s 1/500 Plan and Construction Permit?

Hồng Hạc City’s detailed 1/500 plan was adjusted and approved under document No. 3103/UBND-XDCB in August 2019. Under this document, the Bắc Ninh Provincial People’s Committee instructed the Department of Construction to consider adjusting the detailed 1/500-scale plan for the entire development, ensuring consistency with the province’s urban development orientation through to 2030.

The 1/500 plan is the most detailed technical drawing, precisely defining the location of each land plot, building height, building density and safety corridors. At Hồng Hạc City, overall development density is just 27.9%, with low-rise residential areas accounting for 36.3% and the remainder allocated to greenery, water features, roads and internal amenities. The approval of this plan by the state authorities means that every home and land plot has a clearly defined legal location that cannot be altered arbitrarily.

The construction permit was issued on the basis of the approved 1/500 plan and is a prerequisite for the developer to carry out construction of each item. As at August 2024, the development’s technical infrastructure was largely complete, the internal roads had clearly taken shape and greenery had been planted along some routes, demonstrating construction progress in accordance with the permit and commitments.

Does Hồng Hạc City Have Land-Use-Right Certificates Yet?

Yes, Hồng Hạc City already has land-use-right certificates: more than 1,000 properties in the Hồng Phát subdivision have completed the procedures for issuance of Certificates of Land Use Rights, representing 35% of the 2,844 properties across the entire development. The certificate issuance process has also not been affected by the administrative boundary merger in Bắc Ninh Province.

This is a particularly notable legal strength of Hồng Hạc City compared with the market. For a project of almost 200 hectares to have issued pink books in large numbers while still being developed is extremely rare in the northern real estate market. Moreover, it proves that the developer, Phú Mỹ Hưng, has completed all financial obligations to the state (taxes, land use fees and registration fees) for the units already issued with pink books — an important sign of financial transparency.

Which Zones of Hồng Hạc City Have Been Issued with Pink Books?

The Hồng Phát zone is the area that has been issued with pink books, with more than 1,000 units completed, including the 323 units in Zone F1-1 launched in June 2025, whose books have also been completed, while the Hồng Thịnh and Hồng Phúc zones are on a schedule of working with the authorities to continue issuing books.

Specifically, the entire Hồng Hạc City project is divided into 3 main zones:

  • Hồng Phát zone (Zone F): A total of 1,047 units comprising semi-detached villas, detached villas and townhouses. This is the earliest zone to launch and more than 1,000 units have been issued with land use right certificates, including all 323 units in Zone F1-1 launched in the first batch in June 2025. This is currently the zone with the most complete legal status.
  • Hồng Thịnh zone (Zone G): The developer Phú Mỹ Hưng is working urgently with the authorities to complete the procedures for issuing books for the plots in this zone.
  • Hồng Phúc zone (Zone H): As with Hồng Thịnh, the process of issuing books is being pushed forward in parallel with the progress of developing the internal infrastructure.

The project sales office confirms that the book issuance process at Hồng Hạc City has been entirely unaffected by the administrative boundary merger under which Xuân Lâm commune in Thuận Thành district became Song Liễu ward in Thuận Thành town, Bắc Ninh province. This is an important reassurance that many customers have asked about when following news of the merger of administrative units in Bắc Ninh during 2024 and 2025.

When Do Buyers Receive the Pink Book for Hồng Hạc City, and Through What Process?

Buyers receive the pink book for Hồng Hạc City after completing 3 conditions in order: completing payment according to the agreed schedule, taking handover of the property, and paying a further 5% of the remaining value as stipulated in the sale and purchase contract.

The specific process, from signing the contract to holding the pink book in hand, takes place in the following steps:

  • Step 1: Sign the official Sale and Purchase Contract with Phu My Hung Development Company Limited, paying the full 20% of own capital according to the payment schedule.
  • Step 2: The bank disburses 30% according to construction progress over 6 instalments, at 0% interest, with a grace period on principal until handover.
  • Step 3: Take handover of the property in December 2026 according to the developer’s committed schedule.
  • Step 4: Pay a further 5% of the remaining value (under the terms of the contract) and complete financial obligations to the state.
  • Step 5: The developer works with the land registry authority to carry out surveying, compile the file and issue the land use right certificate for each unit in the buyer’s name.

This entire process is set out clearly in the sale and purchase contract, with no vague clauses and nothing dependent on conditions beyond the buyer’s control. This is precisely the difference between a reputable developer such as Phú Mỹ Hưng and inexperienced project developers.

What Benefits Does Permanent Ownership at Hồng Hạc City Bring to Buyers?

Permanent ownership at Hồng Hạc City brings 5 core rights under Vietnam’s Land Law and Civil Code: the right to use, the right to transfer, the right to lease, the right to mortgage and the right to inherit, with no time limit and without dependence on any renewal conditions.

What Benefits Does Permanent Ownership at Hồng Hạc City Bring to Buyers
What Benefits Does Permanent Ownership at Hồng Hạc City Bring to Buyers

Below is a detailed analysis of each right and of the practical value that buyers enjoy when they own property permanently at Hồng Hạc City:

Right to use: The buyer has the right to live in, renovate, repair and build on their own land and structures in accordance with the approved planning, without being limited by a land lease term or by renewal conditions.

Right to transfer: The buyer may resell the asset to any third party at the market price at any time, without needing permission from the developer or a state authority, and only needing to carry out the usual notarised transfer procedures. This gives the asset high liquidity, which is particularly important for investors who want to realise a profit in the future.

Right to lease: The owner has the right to let all or part of the asset to individuals or organisations in order to generate passive income. With Hồng Hạc City located close to large industrial parks in Bắc Ninh, the rental potential of its townhouses and villas is rated very highly, thanks to growing demand for housing from foreign experts.

Right to mortgage: The holder of a pink book may use the asset as security to borrow from a bank. With the 3 major banks guaranteeing the project — Vietcombank, BIDV and VietinBank — mortgaging property at Hồng Hạc City to borrow for business or other investment is far smoother than with assets that have no book or an incomplete book.

Right to inherit: Assets at Hồng Hạc City can be passed on to the next generation by will or under the law of inheritance, with no limit on the period of ownership. This is an important multi-generational value, in line with the long-term asset accumulation goals of many Vietnamese families.

A brief comparison to make the value clear: with time-limited ownership (usually 50 years, as applied to some condotel or officetel projects), buyers have to worry about renewing the contract when it expires, with no certainty about renewal conditions or future prices. By contrast, permanent ownership at Hồng Hạc City removes this risk entirely, ensuring that the asset’s value remains stable and secure across generations.

How Does the Developer Phú Mỹ Hưng Guarantee the Legal Status of Hồng Hạc City?

Phú Mỹ Hưng guarantees the legal status of Hồng Hạc City through 3 main mechanisms: holding 99.68% of the shares so as to bear direct legal responsibility for the entire project, signing two-party sale and purchase contracts directly without intermediaries, and receiving official approval of the investment policy from the Bắc Ninh Provincial People’s Committee in September 2024.

How Does the Developer Phú Mỹ Hưng Guarantee the Legal Status of Hồng Hạc City
How Does the Developer Phú Mỹ Hưng Guarantee the Legal Status of Hồng Hạc City

In addition, Phú Mỹ Hưng’s legal assurance mechanism is also reflected in the “rule of law above all” business principle that the group has applied throughout more than 32 years of operation. The Deputy General Director of Phu My Hung Development Company Limited once stated in VnEconomy magazine that every Phú Mỹ Hưng project sets out to complete all legal procedures in order to ensure the highest possible legality, protecting residents and customers when they choose a product to invest in or to settle in.

In particular, Hồng Hạc City is one of the rare projects in Bắc Ninh on which the Prime Minister, Phạm Minh Chính, has directly instructed ministries, sectors and local authorities to study, consider and resolve Phú Mỹ Hưng’s proposals in order to facilitate its implementation. This attention at government level is the strongest legal signal that a private real estate project can have, confirming that Hồng Hạc City is not only a Phú Mỹ Hưng project but also a project of strategic importance in the economic development planning of the Red River Delta.

On top of that, the participation of Japanese partner Nomura Real Estate Development, together with the 7S criteria set (in which the fifth S is Standards, including legal standards), raises the legal requirement to an international commitment, complying not only with Vietnamese law but also meeting the verification standards of a Japanese investor renowned for the most rigorous legal due diligence in the world.

How Does the Legal Status of Hồng Hạc City Differ from Real Estate Projects with Incomplete Legal Status in Bắc Ninh?

Hồng Hạc City stands out for its complete legal status, with pink books already issued for more than 1,000 units, whereas many projects in the same segment in Bắc Ninh still have no clean land allocation decision or do not yet meet the conditions for sale under the 2023 Law on Real Estate Business.

The key difference is that Hồng Hạc City is one of very few projects of over 100 hectares in the northern market to have issued pink books in large numbers while still in its next phase of development. Most similar projects only begin issuing books once the infrastructure is fully complete and everything has been handed over, which means buyers have to wait years before holding the book in their hands.

Which Legal Risks Should Buyers Avoid When Choosing Real Estate in Bắc Ninh?

Buyers should avoid 4 common legal risks in the Bắc Ninh market: a project with no clean land allocation decision, no approved 1/500 planning, not yet meeting the conditions for sale under the 2023 Law on Real Estate Business, and a developer that does not sign contracts directly but goes through several layers of intermediaries.

The warning signs of a project with incomplete legal status include: being unable to provide a specific land allocation decision number, having no officially approved 1/500 planning document, contracts signed with a distributor rather than the developer, and no major bank standing as guarantor. Using Hồng Hạc City as a benchmark, buyers can check any project themselves by asking to see all 5 core legal documents before signing anything.

How Does Decision 1503/QĐ-UBND Affect the Long-Term Value of Property at Hồng Hạc City?

Decision 1503/QĐ-UBND is the legal foundation that creates 3 long-term asset advantages for Hồng Hạc City: easier bank mortgaging, higher liquidity on resale, and more sustainable price growth than property without a clean land allocation decision.

With Bắc Ninh working towards becoming a centrally run city, assets with clear legal status at state level will benefit directly from the wave of infrastructure investment and growth in high-quality population. Hồng Hạc City, with solid legal foundations from the 2011 land allocation decision and with continuous support from the Provincial People’s Committee in completing procedures over the years, is in the best position to capture this wave of asset price growth.

Contact Call Now Zalo Messenger