More than 1,225 billion VND invested in social housing project at the corner of Ngu Hanh Son street - the road leading to Tuyen Son bridge

DNO - The City People's Committee issued Decision No. 1942/QD-UBND approving the investment policy for the social housing project at land plot A2-4 Ngu Hanh Son street and the road leading to Tuyen Son bridge with a total estimated cost of 1,225 billion VND.

Project implementation area (planned land with symbol Q2-4, right)

The project has a construction land area of about ^7,060.4m2 , construction area of about ^2,800m2 , residential floor area of about ^41,561m2 , maximum of 31 floors.

The number of social housing units is about 831 units; the minimum usable area of each apartment is ^25m2 , the maximum is ^70m2 ; the maximum usable area of each apartment is adjusted to increase, but the increase is not more than 10% compared to the maximum usable area of ^70m2 and ensures that the ratio of apartments in the project with an usable area of over ^70m2 does not exceed 10% of the total number of social housing apartments in the project.

The project's operating period is 50 years, calculated from the date the investor is decided to allocate land, decide to lease land to implement the project.

Progress of capital contribution and capital mobilization within 3 years from the date the investor is decided to allocate land, decide to lease land to implement the project.

The progress of basic construction and putting the project into operation or exploitation within 3 years from the date the investor is decided to allocate land, decide to lease land to implement the project. Incentives, investment support and applicable conditions are implemented according to the provisions of current tax laws and Clause 2, Article 85 of the Housing Law 2023.

FAMILY BLESSINGS

Source: https://baodanang.vn/xa-hoi/202506/hon-1225-ty-dong-dau-tu-du-an-nha-o-xa-hoi-tai-goc-duong-ngu-hanh-son-duong-dan-qua-cau-tuyen-son-4010724/