Neoliberalism is a theory and ideology of political economic practices which proposes that human well-being can best be advanced by the maximization of entrepreneurial freedoms within an institutional framework characterized by private property rights, free markets. The role of the state is to create and preserve an institutional framework appropriate to such practices. The emergence of the neoliberalism goes hand in hand with the prosperity of the private-led urban (re)development based on encouraging the deregulation of land use controls. Capitalism has overcome the contradictions between capital and landed property through this process and growth coalition regimes. Especially large-scale urban development projects have increasingly been initiated by a vehicle of exceptionality measures, such as the pro-capitalist eminent domain, the freezing of conventional planning and land use systems, bypassing statutory regulations and institutional bodies, the creation of project agencies with special or exceptional powers of intervention and decision-making. This paper revisits the question of the ‘public use’ perspectives on land property right in the age of neoliberalism, and focuses the reorientation of the general economic benefits disguised as a public use or public benefit.