14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

9 more housing projects approved for commercial launch in Hanoi

Sep 05, 2024 / 06:59 PM

By 2025, Hanoi is projected to complete 26 projects with nearly 9,900 units.

Hanoi's Department of Construction has announced that since the beginning of the year, nine residential projects in the city, meeting the requirements for future real estate development, have been approved for commercial sale under the Law on Real Estate Business.

Hanoi from above. Photo: Ngoc Tien

Recently, the Hanoi People's Committee also approved the third batch of residential and urban area projects under the 2021-2025 Development Plan. The city will add six social housing projects with a total area of nearly 13 hectares in districts including Ba Dinh, Long Bien, Thanh Tri, and Thach That. These projects are expected to provide over 8,300 apartments with a total area of approximately 655,000 square meters of floor space, with a total investment of nearly VND6 trillion (US$242.3 million).

Land clearance for these projects is nearly complete, and they are expected to be finished between 2026 and 2029.

Alongside the announcement of social housing projects, the Hanoi People's Committee has updated 10 ongoing residential projects, which are expected to be completed next year with over 1,000 units. By 2025, Hanoi is scheduled to complete 26 projects with nearly 9,900 units. Additionally, 36 projects (around 49,000 units) are currently under investment procedures in districts such as Gia Lam, Hoai Duc, Dong Anh, Thanh Tri, Dan Phuong, and Thuong Tin.

1. Langs Village Office and Low-Rise Housing Complex

Location: 82 Chua Lang Street, Lang Thuong Ward, Dong Da District
Developer: Postal Investment and Construction Consulting JSC
Details: 11 low-rise houses
2. Southwest Me Tri Residential Group

Location: Phu Do Ward, Nam Tu Liem District
Developer: DAC Hanoi Housing Development JSC and Hanoi Housing Business and Development JSC
Details: 65 low-rise houses
3. Social Housing CT-05 and CT-06

Location: Thanh Lam - Dai Thinh 2 New Urban Area, Thanh Lam Commune, Dai Thinh 2 Commune, Me Linh District
Developer: Housing and Urban Development Corporation (HUD)
Details: 214 apartments
4. Van Xuan Commercial Housing Project

Location: Plot D2-BT1, Bac Co Nhue - Chem New Urban Area, Xuan Dinh Ward, Bac Tu Liem District
Developer: Van Xuan Investment and Construction JSC No. 4
Details: 37 low-rise houses
5. L39M.1 and L39.1 Apartments

Location: Plot F4-CH02, Tay Mo - Dai Mo - Vinhomes Park New Urban Area, Tay Mo Ward, Nam Tu Liem District
Developer: TCO Real Estate Consulting and Trading JSC
Details: 1,332 apartments
6. Phu Xanh Commercial Townhouses

Location: Co Bi Commune, Gia Lam District
Developer: Petrolimex Construction Group JSC
Details: 134 low-rise units
7. Sunshine Crystal River High-Rise Condominium

Location: Plot CT01, Nam Thang Long Urban Area, Phase III, Phu Thuong Ward, Tay Ho District
Developer: Wonderland Real Estate JSC
Details: 955 high-rise apartments and 60 low-rise houses
8. Low-rise Housing in HUD-Son Tay Urban Area

Location: Plots LKV-21, LKV-22A, and LKV-22B, Trung Hung and Quang Trung Wards, Son Loc Town, Son Tay Town
Developer: Housing and Urban Development Corporation (HUD)
Details: 84 low-rise houses
9. Z35 Series Apartments

Location: Tay Mo - Dai Mo - Vinhomes Park Urban Area
Developer: An Sao Business Development and Trading JSC
Details: 2,374 high-rise apartments and 35 commercial service units

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