HCM City approves five new housing projects

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HCM City approves five new housing projects

vietnamplus.vn - 5/10/2016 2:49:44 PM

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HCM City authorities have given approval to five new housing projects worth a total of 4.6 trillion VND (206 million USD).

The Tay Development Company is the investor in a residential project worth 355 billion VND on Nha Be District’s Nguyen Huu Tho Street. It is expected to be completed in two years.

Another project, which is social housing on Pham Van Hoi Street in District 12, is valued at 1.1 trillion VND. The investor, Thuan Kieu Service Corp, received approval from the city to carry out the project over a 42-month period.

The Nova Sagel Company also received approval to build a housing and commercial complex project on Phu Nhuan District’s Pho Quang Street. The project is expected to be completed in three years, with total investment of 1.77 trillion VND.

In addition, the Nova Festival Corporation will be in charge of an office and apartment complex project on Hoang Minh Giam Street in Phu Nhuan District. The project, which costs 869 billion VND, is slated for completion in three years.

The fifth one, a low-rise housing project in District 9, worth 531 billion VND, will be carried out by Khang Viet Company over three years.

Newer News
08/05	2024 Land Law to draw real estate investment, increase social housing supply
08/05	Real estate market in the South picking up
19/04	Ministry requests Hà Nội to inspect rising prices of apartments
17/04	Real estate market has positive performances in Q1: VARS
05/04	Developers must verify with foreign homeowner's database before sales
28/03	Management of real estate brokers to be tightened
23/03	HCM City real estate market to recover in H2
23/03	Industrial real estate emerges out of storm
18/03	Lots of ground to cover to build 130,000 social housing units this year
12/03	Deputy PM urges resolving price manipulation for healthy real estate market

Older News
09/05	More capital flows into HCM City real estate sector
04/05	Three-fourths of VND30-trillion home loan package disbursed
29/04	Real estate inventory tapers off in April
28/04	Vietnam had nearly 600 new real estate companies in Q1: official data
25/04	Number of high-end developments to grow
25/04	South Korea, Japan, Singapore scouting for real estate opportunities in Vieät Nam
20/04	Real estate M&As spiked in first quarter
15/04	Condotel attracts foreign investors
11/04	Vingroup scores hattrick at Asia Pacific Property Awards
08/04	HDBank offers exemptions for Mon City

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