Ho Chi Minh City is conducting a comprehensive quality assessment of residential buildings, with a focus on Class C apartments, many of which were last inspected nearly a decade ago.
As of September 16, 2025, Gia Cu Investment and Development, the developer of Picity High Park, owes nearly VND 400 billion in taxes. Similarly, Phuong Dong Real Estate, the developer of PiCity Thu Duc, has a tax debt exceeding VND 5 billion.
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