City projects get go ahead

The HCM City Department of Construction allowed developers Quoc Cuong Gia Lai and Ha Do to sell future properties at their projects in districts 7 and 10, respectively.

Quoc Cuong Gia Lai’s project covers an area of 11,967 square metres in Tan Phong Ward, with 1,211 apartments. The developer was allowed to sell 725 apartments of the project.

Ha Do was allowed to sell 1,010 apartments of its project on 3/2 Street, District 10. The project had more than 2,180 apartments and 115 villas built on an area of 6.85 hectares.

According to the HCM City Real Estate Association, there were more than 90 projects in HCM City, which were allowed to sell future properties, with a total of 42,991 units, worth some VND86.4 trillion (US$3.8 billion).

In Ha Noi, 191 projects were eligible to sell future properties, according to the Ha Noi Department of Construction.

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