National Housing to build 25,000 apartments

May 10th at 17:39
10-05-2014 17:39:20+07:00

National Housing to build 25,000 apartments

The National Housing Organisation Company (NHO) has announced to build 25,000 apartments with a total investment of VND20.6 trillion ($1billion).

Accordingly, the company will implement 14 projects with total areas of 230 hectares in HCM City, Ha Noi, Da Nang, Binh Duong, Quang Ngai and An Giang.

NHO has made a commitment with the Construction Ministry to provide around 100,000 apartments to the market in the next 10 years. It was expected to start constructions of some major projects such as First Home An Giang in May, First Home Binh Duong in August, First Home District 9 in October and First Home Ha Noi in December.

vietnamnews




NEWS SAME CATEGORY

Foreign ownership limits set for houses, apartments

An amended Housing Law draft would restrict foreign ownership to no more than 30 per cent of apartments in a building, or 250 houses in a ward.

Govt to control prices of low-cost apartments

The Government will control ceiling prices for social and low-income housing projects to prevent investors from selling these apartments at high prices, said Trinh...

RoK company joins social housing market

The Republic of Korea’s National Housing Organisation (NHO) announced on May 8 that it will carry out 14 housing projects for low-income earners in Vietnam with a...

Realty investors allowed to delay land-use fee payments

The Ministry of Finance has released a circular allowing real estate investors to delay land use fee payments if their projects had incurred losses as of the end of...

Saigon Sunbay: Super-project sits stagnant

Despite construction starting in late 2007, Saigon Sunbay, Vietnam’s largest seaside eco-town project to date in Ho Chi Minh City’s Can Gio district, has seen poor...

Sakura tower continues to defy local authorities

The 20 storey Sakura Tower, located at 47 Vu Trong Phung street in Hanoi was recently discovered to be putting on the finishing touches without permission from...

Work begins on golf course, resort complex

Viet Nam's FLC Group began construction of its international golf course and resort, FLC Samson Golf Links, in Quang Cu Commune's Sam Son Town, in the central...

Berjaya HCMC projects continue their long delay

Two projects by Malaysia’s Berjaya Land, a wholly-owned subsidiary of Berjaya Leisure (Caymans) Ltd., have seen zero progress after being granted investment...

Real estate market posts nationwide upswing

The Ministry of Construction has claimed there are signs of recovery throughout the real estate market.

Nearly 300 estate projects canceled for of lack of capital

Of over 4,000 licensed housing development projects throughout the country, 287 have been canceled because the investors could not mobilize enough capital.

Real estate stocks

Construction stocks


MOST READ


Back To Top