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HCMC Will Build Apartments At Price Of VND100 Million

The HCM City People’s Committee requires specialized agencies to build social houses and sell them to workers at the price of VND 100 million each, as Binh Duong province has done.

On October 14, Le Van Khoa, vice chairman of the HCM City People’s Committee, asked the Department of Construction and related units to learn about Binh Duong’s experience and build social houses for sale to workers at price of VND100 million

These units also need to survey the need to buy, rent housing at price of VND100 million. Proposed home designs for reference workers. The house must be near the school, clinic, supermarket, market

The request of Mr. Le Van Khoa was carried out under the direction of Party Secretary Dinh La Thang on solving the problems in the support policy, creating conditions for enterprises and individuals to participate in building and upgrading the house for workers, workers hired.

HCMC will build apartments at price of VND100 million
Ho Chi Minh City will have apartments at price of VND100 million as Binh Duong

HCMC People’s Committee also assigned the Department of Architectural Planning, Department of Construction and People’s Committee of District 7 to coordinate with the Federation of Labor Ho Chi Minh City to adjust the local planning in Tan Thuan Export Processing Zone and adjacent areas. Since then there are land funds to build social housing for workers with the forms are purchased, rented and purchased …

Previously, Binh Duong province built 5,000 social houses with a selling price of VND100 million per worker. Buyers can pay within 3 – 5 years. As a result, thousands of low-income people have to house.

In Binh Duong province, each apartment from the 1st to 4th floor is 5m wide and 4m long. Corridor, common path between two apartments is 1.4m. The ground floor apartment is 5m wide and 9.4m long. The front of the road should be able to fit both business and service to the residents of the apartment.

>>>See more information about the real estate law here: Vietnam real estate law

A standard apartment has a floor area of 20sqm, mezzanine 10sqm. Although not too spacious but designed science and create comfortable living space for workers. The windows also receive natural light and the winds of the sky when returning.

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