HCMC Dismantle Apartment At 727 Tran Hung Dao Street

Apartment at 727 Tran Hung Dao, District 5 will be dismantled to rebuild In the course of implementation, the value of recovered materials and remittances must be determined according to regulations.

You can read more information at Vietnam Real Estate News

On December 20, HCM City Vice Chairman Le Van Khoa signed a document approving the proposal of the Department of Construction to organize the liquidation and dismantle of the old apartment at 727 Tran Hung Dao Street, District 5…

HCMC People’s Committee assigns the Department of Construction to instruct the People’s Committee of District 5 to comply with the opinions of the Department of Construction and related regulations. The Department of Finance was assigned to instruct District 5 People’s Committee and the investor of the project is Tam Duc Real Estate Co., Ltd on the method of determining the value of recovered materials and remittance of the value of recovered materials according to regulations.

727 Tran Hung Dao apartment is about to be dismantled

727 Tran Hung Dao Apartment was built in the 60s of the last century with the name of Building President. The project has 13 floors with 530 rooms. This building was once a symbol of the prosperity of Saigon.

After 1975, this place is home to nearly 600 households with more than 2,500 people. In 2002, Ho Chi Minh City decided to relocate the apartment is considered the most desolate Saigon. However, there are 10 households living here do not relocate.

You can view more listings of projects being sold in Ho Chi Minh City: Apartments for sale in Ho Chi Minh City

Inside the apartment, many puddles of water, the walls cannot withstand the time has seriously deteriorated and inert iron core, where the wall cracking wait. These warning signs are more and more dangerous. The scene is scary.

Earlier, in May, the People’s Committee of Ho Chi Minh City has issued documents to District People’s Committee 5 urgently review the plan of support, compensation, resettlement, ensuring reasonable and feasible to be a basis for advocacy. , persuaded the remaining 10 households to urgently relocate to remove the emergency apartment 727, Tran Hung Dao.

If persuaded to mobilize, but the remaining 10 households still refused to relocate, the coercion in accordance with regulations to ensure the lives and property of the people. Up to now, the apartment has been enclosed and fenced in black from top to bottom. The first floor of the parking lot has also moved to another place.

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