- The modern living space at Westgate Apartments has been handed over
- The real estate market has shown signs of "thawing"
- Critical projects with a total value of up to hundreds of trillions in the Hanoi sprint
- In the first 4 months of the year, traffic infrastructure was arranged at VND 22,000 billion
- The Prime Minister asked ministries and branches to join forces to remove difficulties in the real estate market
- 81,000 apartments in 355 commercial housing in Ho Chi Minh will be issued Pink Books in 2023
- National Reunification - International Labor Day and Hung Kings Commemoration Holiday Annoumcement
- VIProperty opens new office at Eco Green Saigon project.
Critical projects with a total value of up to hundreds of trillions in the Hanoi sprint
Many critical projects in Hanoi City are being accelerated to be completed this year and in 2024. Specifically, the investment project to build cultural and social works in Hanoi, with an investment of more than 1,300 billion VND, with a scale of nearly 40,000 m2, is expected to be completed in 2024.
The children's supply project is built in the CV1 park and lake (Cau Giay new urban area, Hanoi), bordering two Cau Giay - Nam Tu Liem districts on Pham Hung Street. The project includes a theatre of about 800 seats; 200 seats 3D-4D cinema; a 500-seat gymnasium - a 10-lane swimming pool; an Astronomical tower and library and an administrative block - office combined with intelligent and modern automatic equipment.
The project of the urban railway in Hanoi city, section Nhon - Hanoi Station, with a length of 12.5 km, including 8.5 km of elevated road and 4 km of underground. Total investment is 32.9 trillion VND. Up to now, the project's overall progress has reached about 76.5%, of which the construction of the elevated stage is 99%; the underground section reached 33%.
The Vinh Tuy Bridge project (phase 2) started construction in January 2021 with a total investment of more than 2.5 trillion VND, invested by the City Traffic Construction Investment Project Management Board. The project has started constructing the first composite block bearing the symbol KN-1 and is focusing on building the remaining items to complete the whole project on September 2, 2023.
The children's Hospital project (phase 1) started on February 26, 2022, in Yen Nghia Ward - Ha Dong District. The project has an area of 6.78ha with an investment of nearly 785 billion VND, including a 6-storey building block with 2 units. The project has now disbursed 28.5% of the capital plan; the expected completion time is in Q1 2024.
The Ring Road 4 - Capital Region project has a length of 112.8 km, in which the first point is located on the Noi Bai - Lao Cai highway (in Thanh Xuan commune, Soc Son district), and the endpoint is on the high road. Noi Bai - Ha Long expressway (in Que Vo district, Bac Ninh province). The project is divided into 7 component projects, with a total estimated investment for phase 1 of about VND 85.8 trillion. The goal is to start construction of Ring Road 4 in June 2023, complete it in 2026 and put it into operation in 2027.
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📍Shophouse 15, HR1A tower, Eco Green Saigon, Nguyen Van Linh street, District 7, Ho Chi Minh city
Westgate is a modern apartment complex located in the administrative center of Binh Chanh (Tan Tuc, Binh Chanh, Ho Chi Minh City), developed by An Gia as the investor and Ricons as the main construction contractor. The project is developed on a 3.1-hectare land plot, consisting of 4 residential towers with 20 floors each, offering approximately 2,000 apartments, shophouses, villas, and more...
The signs of "thawing" in the real estate market have started to emerge as a series of projects begin to kick off, boosting investor confidence. The capital market, corporate bonds, and project legalities have been continuously addressed by the government since mid-2022. In the first quarter, the State Bank and many commercial banks began announcing lowered deposit interest rates. Additionally, the 120 trillion VND package for social housing buyers has officially come into effect.
The Ministry of Transport has disbursed nearly VND 22 trillion of public investment capital for transport infrastructure projects in the year's first four months. This figure is higher than the national average, reaching 23.2% of the plan assigned by the Prime Minister in 2023
The Prime Minister asked ministries and branches to join forces to remove difficulties in the real estate market
In Dispatch 469/CD-TTg, Prime Minister Pham Minh Chinh suggested that ministries, sectors and businesses... join forces to overcome difficulties and challenges to develop a healthy "Real Estate" market.