The Hai Phong Department of Construction has announced the provisional selling price for a social housing project within the Tan Truong Industrial Park’s residential and service area, located in Mao Dien commune (formerly part of Cam Giang district, Hai Duong province).
Spanning nearly 3 hectares, this social housing development boasts a total investment of VND 1,429 billion. The project comprises four 20-story buildings, offering 1,388 apartments upon completion. Nam Do Real Estate Investment and Development JSC serves as the project’s developer.
According to the Hai Phong Department of Construction, the provisional selling price for this project is VND 19.7 million per square meter (inclusive of VAT but excluding maintenance fees). The developer will begin accepting purchase applications from January 30th until all units are sold.
Previously, the Hai Phong Department of Construction also disclosed the provisional selling price for apartments in the first phase of the Trang Cat social housing project, situated within the Dinh Vu – Cat Hai Economic Zone (now part of Hai An ward).
As per Decision No. 1911 issued by Vinhomes JSC, the provisional price has been reviewed by the Institute of Construction Economics to ensure compliance with current regulations. Phase one of the project will provide 3,804 social housing units, significantly enhancing the housing options for low-income individuals and workers residing and working in the eastern gateway of the city.
The announced average selling price is approximately VND 22.6 million per square meter of net area, inclusive of VAT but excluding the Ki location factor and condominium maintenance fees. This provisional price serves as a reference for potential buyers to estimate their total ownership costs. The final price will be determined upon project completion, audit, and settlement in accordance with legal requirements.
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