Da Nang real estate: the project is inactive

Never the situation of real estate in Da Nang falls into the present. Many investors said that the adversity of the operation of real estate projects in and outside Da Nang is caused by the guiding attitude of local leaders.

The current situation in Da Nang, most of the real estate projects outside the busiest shifts. It is required to arrange resettlement land for people before rainy season. But projects in the central area seem to be unusually quiet.

Suburban projects are thriving. In stark contrast to the projects inside the CBD

There are too many “lying down” projects.

The director of a brokerage firm in Hai Chau district said that it was true that during the past eight months construction projects in Da Nang center were in a state of inactivity.

From the Thanh Binh coastline, the Blue Moon Project, to the center of the crowded market with the “triads” of the time: Danang Center, Far East Meridian Tower and Golden Square, all … There is one thing in common is stop construction.

The most prominent feature is the Danang Center Complex located at three fronts: Phan Chu Trinh – Hung Vuong – Nguyen Thi Minh Khai. Owned by real estate company Vu ​​Chau Long, started in March 2008 and commitedt to complete in 2011, but so far only a new hole digging nails.

The two neighboring projects are the Da Nang East Tower (48 floors), which is expected to be completed in 2012. And the Golden Square project is expected to be completed in the year. 2011. But so far no change.

The Far East Tower – Da Nang’s tallest tower to date is a vacant lot

Beside these three projects, Chi Lang Stadium also has its own stadium. With the project of turning this stadium into a commercial complex Thien Thanh.

Although the construction investment policy since August 2014. After the internal incidents of Thien Thanh Group last time. So far, there has been no change in the structure of Chi Lang. Households located in the project clearance belt expressed the view that they were still waiting for the “relocation order”. There is no know when to be signed.

Along the Han River to the sea, the project met the Bach Dang Hotel Complex with two high towers of 20 and 28 storeys respectively; The 22-storey project of Foodinco Plaza is expected to be in a state of “inactive” for a long time.

Should be sympathy for business because the cause is objective?

Exchanging with the press, leaders of local governments have confirmed: Stagnation in the progress of construction projects in the central area of ​​Da Nang over the past time is unreasonable, difficult to accept.

There are projects that face the city like the Far East Meridian Towers. Over the course of three terms, the president of the city (Nguyen Ba Thanh, Hoang Tuan Anh, Tran Van Minh) was planning to build, but the project was still on paper.

But what is the reason here that projects such stagnant projects? Especially in the current context, many projects in Danang, coastal land projects … are all local government “favor”. A written request for a quick deployment will be helpful.

Particularly recently, leaders of Da Nang city also have policies to take the site of the project Vien Dong underground car park. Committed to operate from 2012 but not yet completed, to make temporary market for investment projects to build new Han. Han market, along with Con market are two projects that are very focused. Still in the process of finding investors and the possibility of a new 2014 launch.

“So why is it that unprofitable projects are almost driven by projects that have been” lying “for years? Why does not the city focus on urging the Chi Lang Stadium to be set up as a complex? Which to the market? Why Vien Dong car park becomes a temporary market place for Han market will certainly repair, expected this year will be? If so, then the Far East will be inactive until 2020? “A local investor warmly raised his personal views.

Chi Lang Stadium is planned from 2014. But so far no change in structure

The solution to this situation, according to a local leader, can only be “solicited” for the difficulties that businesses encounter.

Because, despite their slow progress, these projects have a very important place in the overall planning and urban architecture of the city. The changes follow the movements of the investor or change the project model, … If any, they affect the landscape, the architecture of the whole area.

While developers are committed to sustaining project investment, efforts to prove are overcoming difficulties. Mostly due to the objective factors such as economic crisis, internal malfunction, the locals also have to suffer.

However, some investors said that this explanation of the leadership is not satisfactory enough in the psychological stress in many people. For example, three projects in central Da Nang. Local leaders also said, although many times invited investors to urge on the progress. But there have been no changes over the years. Is it big projects, big investors, great architectural values … should have the right to stagnate forever?

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