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Dat Lanh Real Estate Company Proposed Making VND160 Million Apartments In Saigon

proposed making VND160 million apartments in Saigon

Apartment 20sqm concrete floor and 10smq is expected for the people themselves made of lightweight materials later. Selling price per apartment from VND100-150 million.

On March 3, Nguyen Van Duc, deputy director of Dat Lanh Real Estate Company, said that he had sent a written proposal to the Ministry of Construction, the People’s Committee of Ho Chi Minh City and the HCM City Department of Construction to make the apartment. priced from VND100-150 million in Ho Chi Minh City.

***See more information about the real estate market here: Vietnam real estate market

Accordingly, in addition to a reasonable economic solution, saving in the design, construction, management to get the cheapest house, the approval for the construction business apartment 20sqm concrete floor and 10sqm intended for the people Made of lightweight material later this is also a good way. So can see is the 20sqm apartment to reduce the purchase price for people.

proposed making VND160 million apartments in Saigon
Many businesses in Ho Chi Minh City also want to build apartments from VNd100 million as Binh Duong did

“If the State invests all technical and social infrastructure with state budget funds, the apartment price will only be calculated on the construction price. Specifically, the price of five-story apartment project is about 5 million/sqm. With an apartment area of 20-30sqm, the price of apartments only VND100-150 million, “said Mr.Duc

If apartment buildings, using elevators, the selling price increased to about eight million m2. Thus, the price of apartments is only VND160-240 million per unit.

And businesses invest all the infrastructure, the price of a five-story apartment about 8million/ sqm, apartment 20-30sqm cost about VND160-240 million. High rise apartment with elevator will cost about VND12 million / sqm, each apartment 20-30sqm will cost VND240-360 million.

Dat Lanh Real Estate Company also recommends the establishment of a low-cost housing development office under the People’s Committee of Ho Chi Minh City to guide and support businesses in investing, implementing procedures and construction.

In addition, HCMC needs to accept apartments of 20-30sqm as commercial apartments for low-income and workers in the coastal and industrial areas. Ho Chi Minh City People’s Committee also needs to support enterprises by increasing the criteria of architectural planning, a density of construction, coefficient of land use.

proposed making VND160 million apartments in Saigon
If apartment buildings, using elevators, the selling price increased to about eight million m2

At the same time, reduce interest on bank loans, minimize the investment procedures of cheap housing projects. Investing in the technical and social infrastructure of residential areas from several tens to hundreds of hectares assigned to the construction enterprises. Require power companies, water supply systems to invest in electricity and water supply systems instead of businesses to reduce the cost of housing.

“When the People’s Committee of Ho Chi Minh City for the mechanism, enterprises will choose the location with appropriate infrastructure to do. The important thing is that HCM City must create good premises for businesses to do. And how do businesses know how to do it? “

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Dat Lanh Real Estate Company Proposed Making VND160 Million Apartments In Saigon
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