Legacy 66 Legal Status
The legal status of Legacy 66 according to government documents, including sales to foreigners, and what to check before paying a deposit.
Updated:
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Cleared for sale: 161 of 323 apartments
The HCMC Department of Construction has announced that 161 of the 323 off-plan apartments are eligible for sale (Document 20759/SXD-PTĐT dated June 13, 2026). Ask whether the unit you choose is on this list.
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Bank guarantee: Vietcombank
Guarantee agreement 057/VCB-KHDN-BL/2026 (April 23, 2026) with Vietcombank – Saigon Cho Lon Branch. When the SPA is signed, the developer must give the buyer a copy of the bank’s commitment to issue a guarantee letter.
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Urban residential land, long-term use
Land use right certificate AK 448538: plot 18, 3,956.6 m², urban residential land, long-term tenure. The Land Registration Office (Letter 15126/VPĐK-KT dated May 12, 2026, cited in the Department of Construction’s notice) recorded no mortgage information relating to the project at the time of checking.
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Construction permits
Permits 214/GPXD (substructure, October 16, 2017), 288/GPXD (superstructure, December 21, 2017) and appendix 34/PLGPXD (March 10, 2021): 22 above-ground floors, 2 basements, 79 m tall.
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Sales to foreigners: not yet confirmed
Under the Department of Construction’s notice, the developer must obtain the Department’s additional approval before selling to foreign organizations or individuals. Happy Land has not yet seen this approval; please contact us to check for updates.
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Shophouses
The eligibility notice above applies to the apartments. Sale conditions and the form of ownership for the shophouses need to be confirmed separately.
Key documents
| Document | No. | Date | Issued by |
|---|---|---|---|
| Land use right certificate | AK 448538 | Oct 3, 2008 | HCMC Department of Natural Resources and Environment |
| Decision approving the project investment | 2132/QĐ-UBND · 4525/QĐ-UBND | Apr 29, 2014 · Aug 23, 2017 | HCMC People’s Committee |
| Approval of the revised master site plan & architectural scheme | 5611/SQHKT-QHKV1 | Nov 30, 2016 | HCMC Department of Planning and Architecture |
| Construction permit — substructure | 214/GPXD | Oct 16, 2017 | HCMC Department of Construction |
| Construction permit — superstructure | 288/GPXD | Dec 21, 2017 | HCMC Department of Construction |
| Construction permit appendix | 34/PLGPXD | Mar 10, 2021 | HCMC Department of Construction |
| Guarantee facility agreement | 057/VCB-KHDN-BL/2026 | Apr 23, 2026 | Vietcombank – Saigon Cho Lon Branch |
| Notice of off-plan housing eligible for sale (161 of 323 apartments) | 20759/SXD-PTĐT | Jun 13, 2026 | HCMC Department of Construction |
Form of ownership
Vietnamese nationals: long-term ownership in line with the urban residential land use. The ownership certificate (pink book) is issued after handover; the final 5% installment is tied to the notice of handover of the certificate. Foreign buyers: eligibility has not yet been confirmed (see above).
Summary based on the Department of Construction’s notice 20759/SXD-PTĐT and the project’s legal documents (updated September 2026). Buyers should check the originals when signing the contract.
What should you check before paying a deposit?
- Whether the unit you choose is on the list of 161 apartments cleared for sale (appendix to Document 20759/SXD-PTĐT).
- A copy of Vietcombank’s written commitment to issue a guarantee letter (April 23, 2026) when you sign the SPA, and the guarantee letter for your own contract.
- The net area stated in the contract, how it is measured and the permitted tolerance.
- The payment schedule, handover date and the SPA clauses on the handover deadline and each party’s obligations.
- If you are a foreigner: the Department of Construction’s approval for sales to foreigners.
FAQ
Frequently asked questions
Is Legacy 66 cleared to sell off-plan units?
The HCMC Department of Construction issued Document 20759/SXD-PTĐT on June 13, 2026, announcing that 161 of 323 apartments are eligible for sale. The notice does not mention the other 162 apartments, and Happy Land has no information on whether they will be offered for sale. Check that the unit you choose is on the appendix list of 161 units.
Which bank guarantees the project?
Vietcombank – Saigon Cho Lon Branch, under guarantee facility agreement No. 057/VCB-KHDN-BL/2026 dated April 23, 2026. Vietcombank, MB and VietinBank are presented by the developer as banks providing financial support for the project; this role is different from a guarantee.
Can foreigners buy Legacy 66?
Not yet confirmed. Notice 20759/SXD-PTĐT states that the developer must submit a written request and obtain the Department of Construction’s additional approval before selling to foreign organizations or individuals; Happy Land has not yet seen this approval. Please contact us to check the latest status before paying a deposit.
Is Legacy 66 ownership long-term or 50 years?
The project land is urban residential land with long-term use (certificate AK 448538), so Vietnamese nationals can own their apartments long-term. The pink book is issued after handover. Eligibility for foreign buyers has not yet been confirmed.
Is the project mortgaged to a bank?
According to Letter 15126/VPĐK-KT dated May 12, 2026 from the Land Registration Office (cited in the Department of Construction’s notice), no mortgage information relating to the project was recorded at the time of checking. This may change — check again when signing the contract.