HCMC: 13 old apartment can not find business investment renovation

According to the Department of Construction TP. 13 out of 16 old apartment buildings need renovation in HCMC. HCM can not find business participation. These apartments are located in districts 1, 4, 5, 6 and Tan Binh with the total of nearly 1,500 apartments are in serious condition and dangerous for users.

According to the plan in 2018, the Department of Construction TP. Ho Chi Minh City will conduct procedures to select the investor for the 16 old apartment is in the condition of severe damage, danger, risk of collapse, collapse at any time …

13 old apartment can not find business investment renovation

However, up to now, the Department said that there are 13 condominiums degraded, are warned of danger and serious damage but no investor to participate in renovation.

According to statistics, the whole city. HCMC has 474 older buildings, built before 1975 located in 15 districts with 27,000 households living. In particular, district 5 occupies the most number with 203 apartments.

City People’s Committee HCM plan to 2020 to solve 50% of 474 old apartment. However, the Department of Construction said that with the current situation, it is difficult to achieve the target.

In order to renovate the former apartment building, the HCMC Real Estate Association HCM City has written to the Department of Construction of the city suggested that when the new apartment was completed and put into use, the owners of the old apartment should be arranged resettlement in the new apartment. Greater than or equal to the size of the old apartment and at no additional cost.

Accordingly, for apartments in old condominiums not owned by the state, people are allowed to arrange new apartments in resettlement apartments, issue certificates of land use rights, house ownership and Not subject to registration fee when granting land use right certificates or house ownership certificates.

If apartment owners are allowed to arrange new apartments but have to pay additional space difference amounts, house owners may borrow capital from credit institutions operating in Vietnam for payment of difference amounts to be paid in advance. When being granted the land use right certificate, the house ownership.

As for owners of condominiums that are beneficiaries of social housing, they will be borrowed from the credit capital of social housing to buy more the difference of this area.

It is known that by the end of 2017, Ho Chi Minh City has invited to invest in old apartment buildings such as Dong Hung apartment building in District 12, apartment building 99 Ben Binh Dong, Tan Binh Tan Binh apartment building, Tan Binh-Tan Binh apartment building, National University, Tan Nhut Binh Chanh workers and low-income housing and worker’s house.

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