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Tan Hoang Minh start the project of golden land 23 Le Duan?

Perspective of Tan Hoang Minh's complex

Golden land 23 Le Duan, District 1, HCMC vacated more than two years, after the auction of Tan Hoang Minh, now has signs of launch. In the near future, a new functional tower will be built in the center of Ho Chi Minh City.

These days, the former headquarters of the Lottery Company TP. Ho Chi Minh City was replaced by the logo of Tan Hoang Minh Group. However, the whole block of interior design and interior remains intact.

Golden land 23 Le Duan was changed to Tan Hoang Minh Group
Golden land 23 Le Duan was changed to Tan Hoang Minh Group

Outside, a solid barrier was erected to cover the site. But there is no sign of starting construction. The whole building is still. Investors also do not let the construction notice anything.

Closed wall enclosure but Tan Hoang Minh has not announced the project name and construction purpose of the land 23 Le Duan

Golden land 23 Le Duan is located in a prime location in the heart of the city, with two fronts Le Duan and Nguyen Du, extremely square (55x55m) and is planned to build commercial center rooms and services with a maximum height of 100m. The location and the area should be beautiful many giants look.

When the auction of land at the end of June 2015, 13 companies have strong potential to participate, with the starting price of VND558 billion. After 16 tough auctions, Tan Hoang Minh Group surpassed Dai An, Jonathan Hanh Nguyen and Truong Hai to win “VND1,430 billion” – 2.6 times higher price starts.

However, after auction, boss Tan Hoang Minh is complaining that “win” because the price is too expensive compared to the reality. Even corporations want to … return because not enough money in the spirit of the first price.

City People’s Committee Ho Chi Minh City then repeatedly remind Tan Hoang Minh to pay money and threatens heavy fines. In July 2016, the central government once offered to use the land and other lots in exchange for flood protection projects in the form of BT.

Perspective of Tan Hoang Minh's complex
Perspective of Tan Hoang Minh’s complex on the golden land 23 Le Duan

In early April, Tan Hoang Minh Group has completed 100% of its financial obligations when paying a total of VND1,694 billion, including pre-auction bids of VND83.76 billion and bid winnings is VND1,346 billion; the amount of the auction was VND 263.998 billion and the official ownership of the land was 23 Le Duan.

According to the announcement of Tan Hoang Minh Group, this land will be set up with a complex project of office, a center of commercial services – a beautiful and well-planned architecture. Best location in the city center. The project is expected to start in the third quarter of 2017.

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