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Ho Chi Minh City
Thursday, June 30, 2022

HCMC to rebuild 14 apartment buildings this year

The Saigon Times

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HCMC – Fourteen aging apartment buildings in HCMC’s districts 1, 3, 4, 5, 6, 10 and Tan Binh will be rebuilt this year, said municipal vice chairman Le Hoa Binh.

At a conference held on January 7 to discuss the municipal Department of Construction’s plans for this year, Binh said regulations on the rebuilding and upgrading of old apartment buildings had been relaxed with the issuance of Resolution 69/2021. It facilitates the compensation and site clearance and the recognition of investors of these projects, local news reports said.

Therefore, the municipal vice chairman asked the Department of Construction to coordinate with the relevant agencies to rebuild 14 old apartment buildings in 2022, including three in District 1, two in District 4, two in District 6 and five in Tan Binh.

Some apartment buildings have been dismantled, and investors of projects to rebuild them have been chosen but work has yet to begin. The Department of Construction should propose the municipal government work with the Ministry of Construction to remove obstacles.

According to the HCMC Department of Construction, as of September last year, over 333 households in six old apartment buildings which were built before 1975 were resettled and 303 households in five other apartment buildings will be resettled.

The city has dismantled four apartment buildings with a total area of more than 14,400 square meters.

The rebuilding of old apartment buildings in HCMC has been slow due to obstacles in procedures. Specifically, deteriorated apartment buildings will be rebuilt with the agreement of all households of the apartment buildings. In addition, incentives for investors of these projects and the autonomy for districts remain modest.

Early last year, the city proposed that old and deteriorated apartment buildings should be demolished and rebuilt with the agreement of half of the residents of the apartment buildings.

The city currently has 474 deteriorated apartment buildings, which need rebuilding.

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