Recommendations for apartment buyers at Cat Tuong Phu An project

In recent years, Long An province has been one of the localities with a very rapid economic development rate. Besides the industrial sector, real estate is also one of the most attractive sectors in this province.

Real Estate - Long An: Advice for apartment buyers at Cat Tuong Phu An project. — Inside the Cát Tường Phú An project area, there is just an empty plot of land.

In reality, numerous large investors are pouring money into real estate, aiming to capitalize on the housing demand from people living and working in this province.

With such rapid development, many developers and brokerage firms have "broken the rules" by accepting deposits, signing reservation contracts, real estate consulting contracts, capital contribution contracts, etc., with the aim of circumventing the law to collect money from customers or raise capital for the project.

In order to prevent illegal real estate sales and protect buyers, the People's Committee of My Hanh Nam commune (Duc Hoa district, Long An province) recently posted notices advising buyers of apartments in the Cat Tuong Phu An project.

The notice states that the Cat Tuong Phu An project is not yet eligible for the sale and business of apartments due to incomplete procedures. This project is invested in by Cat Tuong An - SW Co., Ltd. (part of Cat Tuong Group).

However, surprisingly, shortly after the Long An provincial authorities issued the above announcement, another sign appeared right in front of the location. This was a very large sign providing information about the Cat Tuong Phu An project, completely obscuring the warning sign.

Real estate - Long An: Advice for apartment buyers at Cat Tuong Phu An project (Figure 2). — The information board for the Cat Tuong Phu An project is many times larger than the warning board of the My Hanh Nam Commune People's Committee.

According to observations by a reporter from Nguoi Dua Tin , the Cat Tuong Phu An project site is currently just an empty plot of land with no signs of construction.

Outside the gate, a project information board for Cat Tuong Phu An appeared, much larger than the warning board of the My Hanh Nam Commune People's Committee. The two boards were placed only a few centimeters apart.

Looking with the naked eye through the gap between the two signs, it's impossible to read the warning from the People's Committee of My Hanh Nam commune stating that the sale of properties in the Cat Tuong Phu An project that do not yet meet the necessary conditions is not permitted.

Thus, placing the warning sign demonstrates the responsibility of the My Hanh Nam Commune People's Committee in advising buyers to avoid risks when engaging in illegal real estate transactions, especially in situations where many buyers of properties built on paper face consequences such as complaints and lawsuits if the developer lacks sufficient financial capacity.

But instead of heeding the warnings from the authorities, the business brazenly ignored them and arbitrarily placed a project sign that completely covered the warning sign.

Real estate - Long An: Advice for apartment buyers at Cat Tuong Phu An project (Figure 3). — The gap between the two signs made it impossible to read the warning from the People's Committee of My Hanh Nam commune stating that the sale of properties in the Cat Tuong Phu An project that did not meet the necessary conditions was not yet permitted.

Regarding the aforementioned project, on February 26th in Ho Chi Minh City, Cat Tuong Group held a kick-off ceremony to launch the Cat Tuong Phu An apartment project, with a selling price of approximately 25 million VND/m2, attended by over 1,200 sales professionals from 20 strategic distribution agencies.

At the event, the project's exclusive distributor also presented certificates to the distribution agents, marking a strong partnership and a determination to achieve the business goals of the Cat Tuong Phu An project.

Information presented at the launch event indicated that the Cat Tuong Phu An apartment project is located in a prime location on Provincial Road 9, My Hanh Nam commune (Duc Hoa district, Long An province).

With its large scale, comprising 5 blocks of 17 floors each, and a total of 1704 apartments, offering a variety of sizes and number of bedrooms, it provides diverse and flexible choices for both families and individuals with different needs.

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