30.6 C
Ho Chi Minh City
Friday, June 14, 2024

HCMC to put over 5,000 resettlement homes up for auction

Must read

HCMC – The HCMC government has approved a plan to auction an additional 108 unused resettlement apartments and some 5,050 apartment homes and 42 land lots previously set for auction to recoup the State capital.

Most of the resettlement homes are located in District 2’s Binh Khanh Ward, while Thanh My Loi Ward will see one land lot and 34 apartments be put up for sale.

Some 41 other apartments in District 6, including four at an apartment building on Pham Van Khoe Street, 18 at an apartment block on Tan Hoa Dong Street, 10 other apartments at Binh Phu apartment complex and the remaining nine apartments on Hung Vuong Street, will also be readied for auction.

District 12, Binh Thanh, Binh Tan, Tan Phu, Hoc Mon and Binh Chanh districts will also participate in the auction.

Apart from this, the city will auction 17 land lots in District 8, one land lot at Cau Xay resettlement area and 50 apartments in District 9 and 28 apartments at Phu Tho apartment building in District 11.

The municipal government also assigned the Department of Justice with providing the Property Auction Service Center with guidance on organizing the auction in line with the municipal government’s directive. The auction must comply with prevailing regulations, Tien Phong Online reported.

Earlier, the municipal Department of Construction had written to the HCMC government, proposing putting the 5,200 apartments and 42 land lots up for auction.

By Viet Dung

More articles


Please enter your comment!
Please enter your name here

Latest articles