"Highlights" of major projects in the real estate sector
(Baonghean) - Hanoi Housing Investment and Development Joint Stock Company No. 30, a member of Hanoi Housing Investment and Development Corporation (Handico), is a leading unit in the real estate business in Nghe An. By choosing the right direction, not investing widely, but focusing on completing important real estate projects, the company has achieved many successes so far.
Good news for people in need of housing in Vinh City, on December 14, 2013, Hanoi Housing Investment & Development Joint Stock Company No. 30 held the inauguration ceremony and handed over apartments at the 14-storey A3 Apartment Building, part of the Le Nin Avenue East Apartment Project. The A3 Apartment Building has the advantage of being located on Le Nin Avenue and Ly Tu Trong Street, which is a beautiful highlight on the road connecting Vinh City with Vinh Airport and Cua Lo resort. With a reasonable functional zoning: the basement is the parking area for residents and the first floor is the commercial service area, from the 2nd to 14th floors are arranged apartments (each floor has 10 apartments, apartment area from 59.4m2 to 85.6m2). The total area of each floor is 710m2 and the entire building is 9,230m2... After handing over the apartments to customers, Hanoi Housing Investment & Development Joint Stock Company No. 30 continues to invest in other construction items to gradually complete the East Le Nin Avenue Apartment Complex project, and at the same time is determined to create a modern and civilized urban area of Vinh City.
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| Perspective of Vinh Tan new urban area project. |
In recent times, Hanoi Housing Investment & Development Joint Stock Company No. 30 has been implementing major projects on urban area and high-rise apartment building construction such as: Quang Trung C Area Upgrade Project; Le Nin Avenue East Apartment Complex; Vinh Tan Ecological Urban Area; Doi Cung High-rise Apartment Complex; Nguyen Sy Sach Apartment Complex; Nam Nguyen Viet Xuan Apartment Complex (Vinh City); Loc Chau Tourist Apartment Complex (Cua Lo Town) ... The company has clearly identified the appropriate direction which is not to invest widely but to invest in a focused and in-depth manner, focusing on quality, self-balancing and building reasonable business costs. The company's leaders have also innovated management methods, focusing on operations with specific and focused action programs, especially strengthening the inspection and evaluation of the implementation of each project's plan to promptly remove difficulties and obstacles.
Typically, the project to renovate and upgrade Quang Trung C Area is a meaningful project in Vinh City, so during the implementation process, the company has made efforts to complete the construction items according to the plan such as: CT1A Building (phase 1) has been put into effective operation, creating an important highlight for Vinh city. CT1A Building is 21 floors high and has 1 basement (the 1st and 2nd floors have an area of 1,080 m2, arranged for commercial shops, supermarkets, offices for rent, from the 3rd floor up are apartments, each floor has 8 apartments with an area of 66.5 m2 to 94 m2. According to the plan, phase 2 will build CT1B Building with 21 floors and 1 basement, connected to CT1A Building by a 3-storey base block of 12 townhouses.
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| Nguyen Sy Sach apartment building project (Vinh City). |
Hanoi Housing Investment and Development Joint Stock Company No. 30 has contributed capital with Hanoi Housing Investment and Development Corporation to establish Handico - Vinh Tan Urban Investment and Development Joint Stock Company to invest in the construction of Vinh Tan Ecological Urban Area project. This is the largest and most modern project in Nghe An province, with a scale of 77 hectares and a total investment of 7,925 billion VND. The project includes 327 villas, 866 garden houses, 326 townhouses and 5 27-storey apartment buildings. In the coming time, the company will complete the construction of the extended Le Mao road and continue to invest in the construction of a high-rise building to meet the housing needs of Vinh City residents, with apartments of 35m2 or more. Mr. Nguyen Van Cuu - General Director of Hanoi Housing Investment and Development Corporation, and Chairman of the Board of Directors of Hanoi Housing Investment and Development Joint Stock Company No. 30 and Handico - Vinh Tan Urban Development Investment Joint Stock Company said: "The Corporation will support resources for member units located in Nghe An to invest in the construction of urban areas, to meet the housing needs of Nghe An people".
In recent years, the real estate market has encountered many difficulties, significantly affecting the production and business situation of the unit. According to Mr. Le Canh Toan - General Director of Hanoi Housing Investment and Development Joint Stock Company No. 30, "Despite such difficulties, with the attention and support of relevant levels and sectors, especially of Hanoi Housing Investment and Development Corporation, together with the efforts to overcome difficulties and rise up of the collective, officers and employees, Hanoi Housing Investment and Development Joint Stock Company No. 30 has completed the assigned tasks. Currently, the company has completed a number of important real estate projects with a total of 1,154 apartments and divided 393 adjacent plots of land, garden houses, villas...".
In the coming time, the real estate market still shows no signs of improvement and this is a big challenge for Hanoi Housing Investment and Development Joint Stock Company No. 30. However, with extensive experience in the field of real estate investment and business and the timely attention and support of Hanoi Housing Investment and Development Corporation, the enterprise will overcome and continue to affirm its important position in the field of real estate business.
Hoang Vinh
