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Land Compensation Price In Cu Chi Is Nearly 22 Times

The coefficient of land price adjustment to calculate the compensation of the project of building flower gardens before high school Cu Chi 2 – 21.34 times higher than the land price list.

You can read more information at Vietnam Real Estate News

On December 22nd, the People’s Committee of Ho Chi Minh City has approved land price adjustment coefficient to calculate the compensation, support and level of training assistance, job conversion and job search for the project of building gardens before Cu Chi High School, Cu Chi district.

Accordingly, the adjustment coefficient of agricultural land for planting annual crops, the location at the Provincial Road 8 is 21,346. The adjustment coefficient for the level of support for training, job conversion and job search for households and individuals when recovering the agricultural land of households and individuals directly engaged in agricultural production is 2.

Compensation price of Cu Chi land
Cu Chi High School will have more flowers

On December 22nd, HCM City People’s Committee assigned Ho Chi Minh City Land Development Center to organize the auction of apartment fund in Vinh Loc B residential area, Binh Chanh district, and Phu Phu resettlement area. America, District 7.

Vinh Loc B residential area is invested more than 1,000 billion VND with nearly 2,000 apartments but is vacant, downgraded due to too far away from the center, not many people moved in.

This project is invested by the Investment Management Board of Ho Chi Minh City Urban Renovation Works. This is the location for the clearance of urban upgrading and HCMC projects.

Compensation price of Cu Chi land
illustration

Vinh Loc B residential area of 31ha has built 45 apartment blocks. This is considered a large-scale apartment building in Ho Chi Minh City, where resettlement for households is cleared in districts 1, 6, 8, 11, Binh Tan, Tan Phu, Tan Binh, Phu Nhuan, Binh Thanh and Binh Chanh districts.

However, most of the plots in this resettlement site are unoccupied and have been abandoned for many years. The desolate landscape, covering all 45 blocks of the apartment.

The resettlement area of Phu My Ward, District 7 has 3,070 apartments. The project is located on the main roads such as Huynh Tan Phat, Nguyen Huu Tho and Nguyen Luong Bang and close to Phu My Hung urban area, but also in poor condition.

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Land Compensation Price In Cu Chi Is Nearly 22 Times
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