Vice Chairman Of HCM City People’s Committee Talk About The Apartment Mortgage Bank


Regarding the sovereignty of the condominium, the investor has mortgaged the bank, deputy chairman of the People’s Committee of Le Van Khoa said that this is a “sensitive issue”, especially for those who have paid money to buy condominiums. but the investor mortgage the bank.

You can read more information at Vietnam Real Estate News

In the morning of August 5, the session of the second session of HCM City People’s Council session 9 hot with the removal of the old apartment, investors brings the apartment mortgage bank. The respondent was Vice Chairman of the People’s Committee of Le Van Khoa.

At the beginning of question session, Nguyen Minh Nhat (District 3) asked directly on the relocation work, renovating old apartment how. Nhat also represents 220 households in Block A and Lot B2 at 590 Cach Mang Thang Tam Street, Ward 11 (District 3) to address the concerns of households in this apartment building.

Vice Chairman of HCM City People's Committee talk about the apartment mortgage bank

Representative Nguyen Minh Nhat asked questioning

“The investor is the Transport Construction Investment Joint Stock Company. This apartment was put into use in 2008 but the investor has not yet held a condominium meeting to elect the Board of Management. Condominium planning has kindergartens but investors do not implement. Up to now, 220 households have not been issued certificates of a right to use houses, “Nhat said.

Pham Hieu Nghia questioned the ownership of the house. “People want to hear the opinion of the City People’s Committee on the issuance of title to a house in the project has mortgage bank”, – he said Nghia.

Answering questions, Vice Chairman of the People’s Committee of Le Van Khoa said that he would answer clearly in the ability to understand the issues of delegates and people concerned about the relocation of the old apartment, sovereign purchase.

Nhan responded to the old apartment building, Mr. Le Van Khoa said in the urban renovation program aims to repair and upgrade the damaged apartment, degraded to provide accommodation for the people. Through a survey, there are 474 damaged apartments to be treated.

“It is necessary but difficult to prepare for relocation, temporary accommodation. The Party Committee and the City People’s Committee have drastically directed such decentralization to speed up the progress “- Khoa said and said he had worked with the prime minister and the prime minister had agreed to allow the city to select the first Private to handle old condominiums.

Mr. Khoa also said that by the end of 2016, 474 existing buildings would be demolished and 2016-2021 buildings would be dismantled.

For the specific case at 590 Cach Mang Thang Tam, Khoa has assigned the Director of the Department of Construction together with District 3 to check the report of this committee and the course of treatment.

Vice Chairman of Ho Chi Minh City People’s Committee Le Van Khoa answer questions of the delegates at the second session of HCM City People’s Council session IX, morning August 5.

Vice Chairman of HCM City People's Committee talk about the apartment mortgage bank

Vice Chairman of Ho Chi Minh City People’s Committee Le Van Khoa answer questions of the delegates at the second session of HCM City People’s Council session IX, 5-8 am

Concerning the sovereignty of the apartment where the investor has mortgaged the bank, Khoa said that this is a “sensitive issue”, especially for those who have paid money to buy the apartment but was the investor bank loans. “In fact, in the city in the past time, the investor has brought the bank mortgage project, causing a lot of difficulties in the issuance of the land title for the children,” Khoa said.

Khoa general overview information: the view of leaders of the city is that if people have paid for the apartment, they will be guaranteed legitimate rights.

Recently, in order to contribute to the healthy real estate market, the city has also publicly announced 77 projects that have mortgaged banks to people, including the authorities.

“We see that much is not enough. The meeting of the Standing Committee of the City People’s Committee and members of the committee and the Department of Natural Resources and Environment has continued to study to publicize and further clarify the criteria for publicity, ensuring the legitimate rights of citizens and the legitimate interests of investors.

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