Grass grows wildly in a multi-billion-dollar townhouse at the Son Dong Center project.

Close-up of hundreds of abandoned townhouses in Hoai Duc

Son Dong Center project in Son Dong commune, Hoai Duc district ( Hanoi city) has a scale of 2.5 hectares including 150 townhouses, area of 65-100 m2. The project is invested by HTL Vietnam Real Estate Investment, Construction and Trading Joint Stock Company, a member of Geleximco Group.

According to Nguoi Dua Tin, construction started 4 years ago, hundreds of villas and townhouses have been completed but are still abandoned, with no residents living there.

Son Dong Center project is considered to have a prime location when it is adjacent to Song Phuong extended road, Trinh Van Bo extended road, Ring Road 3.5, Ring Road 4, helping investors easily connect to key areas: My Dinh, Tu Liem, Ha Dong, Dan Phuong, Quoc Oai...

Son Dong Center project in Son Dong commune, Hoai Duc district has a scale of 2.5 hectares.

The project includes 150 townhouses, area 65-100 m2.

On the transfer market, the townhouses inside cost over 100 million VND/m2.

Some corner apartments, located on the national highway, are being sold for up to 160-225 million VND/m2.

The project started 4 years ago, and now the technical infrastructure of this urban area has been completed, most of the townhouses here still have no residents living there.

Only a few units on the street side of the project are rented out as real estate brokerage offices.

Most of the remaining units at the back as shown in the photo are still vacant.

Inside these villas, grass grows wildly.

Many sidewalks have also deteriorated and damaged.

Abandoned villas and townhouses worth tens of billions of dong can be equivalent to a plot of land that was recently auctioned in Tien Yen commune.

Source: https://www.nguoiduatin.vn/ha-noi-co-moc-um-tum-trong-nha-lien-ke-chuc-ty-tai-du-an-son-dong-center-204240826122022193.htm