Ho Chi Minh City is under the transition to market economy process. Socialist market economy is the key interested point to analyse the transformation in land use. Therefore my study is examining the impact of imperfect property rights on land redevelopment to understand the integrating between property rights and urban transformation. Research question: What are the impacts of imperfect property rights on land transformation of the HCMC? Hypothesis: The planning is also the factor change the property rights characteristic. Design: Land redevelopment projects case study based on dependency framework highlights the role of the institutional change and balance of different stakeholders in affecting spatial output. Data analysis: Secondary data about private house development projects and in-depth interview with land user. Outcomes are obtainable in a series of maps of land and property change in 15 years. Comments and limitation: The study suggests that examining planning as a property process and recognizing it, as part of a larger negotiation process with respected to property rights, will improve the success of planning implementation. Even study highlights the important of institutions but there is less emphasis on politic. One aspect of my study I very much like is the focus on a specific sector that I know well. The informal rules are very important in these circumstances and I have to have local knowledge to know them. The informal networks are often hard to understand. Sometimes relatively subtle differences in the rules matter a great deal.