24h Real Estate: Ho Chi Minh City residents prepare to give up land to build Metro to Can Gio

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More than 360 social housing units for Thai Nguyen workers have set completion dates; Ho Chi Minh City residents are preparing to give up land for Metro to Can Gio... are notable news.

People in 6 southern wards and communes of Ho Chi Minh City are preparing to give up land to build Metro to Can Gio

Ho Chi Minh City needs more than VND 7,462 billion in compensation, support and resettlement when reclaiming land in 6 wards and communes to implement the Metro line project from the old District 7 to Can Gio.

Tuyen Metro tu Quan 7 cu di Can Gio se chay doc duong Rung Sac (TPHCM) . Anh: Anh Tu
The Metro line from the old District 7 to Can Gio will run along Rung Sac Road (HCMC). Photo: Anh Tu

The Department of Agriculture and Environment of Ho Chi Minh City has just sent a document to the Department of Finance to comment on the proposal to implement the Metro project connecting the center of Ho Chi Minh City with Can Gio.

The project needs to use more than 325 hectares of land, including: residential land of 8.06 hectares; agricultural land of 41.72 hectares; non-agricultural land other than residential land of 35.8 hectares; traffic land, canals of 135.2 hectares; protective forest land of 85.78 hectares; other types of land of 18.38 hectares.

The project passes through 6 wards and communes: Tan Thuan, Tan My (old District 7), Nha Be commune (old Nha Be district), Binh Khanh commune, An Thoi Dong and Can Gio commune (old Can Gio district).

In Can Gio commune, in addition to the Metro line, there is also a regional traffic route project with a roadway of 40 m, extending from the 30/4 roundabout to the center of the Can Gio coastal urban area. The Metro line is arranged in the center of this road, 1.4 km long, with a reclaimed land area of about 37,413 m2. See more...

Land auctions in Quang Ngai increase from 6 to 12 times the starting price

Dozens of plots of land with surplus assets were auctioned to generate revenue for the budget, increasing the starting price by 6 to 12 times.

Cac lo dat duoc dau gia o tinh Quang Ngai nam o vi tri thuan loi. Anh: Vien Nguyen
The plots of land auctioned in Quang Ngai province are in favorable locations. Photo: Vien Nguyen

According to the Quang Ngai Provincial Land Fund Development Center, the unit has submitted for approval the auction results of 38 plots of land in Tra Giang commune (Nghia Lam commune and the old Nghia Thang commune).

Accordingly, there are 32 lots in Resettlement Area of Village 1, Nghia Lam Commune (old) and 6 lots in Nghia Thang Residential Area (old). This is a surplus asset that will be auctioned to generate revenue for the budget, after the State completes the resettlement when upgrading and expanding Provincial Road 623B (Quang Ngai - Thach Nham).

The total area of 38 lots of more than 5,770m2, all of which are rural land, has been invested in and completed with infrastructure. The area of each lot ranges from 118 - 183m2, but is mainly over 150m2.

The starting price is determined according to the current land price list, so it should be relatively low, from only 600,000 VND to more than 2.3 million VND/m2, so the starting price is only nearly 100 million VND to more than 320 million VND/plot. The deposit is from nearly 20 million VND to over 64 million VND/plot, depending on the location. See more...

Workers are excited by the proposal to increase the income threshold for buying social housing

The proposal to increase the income threshold to buy social housing has received support from many workers, because this policy expands housing opportunities for people.

Nhieu nguoi lao dong ky vong som nang nguong thu nhap mua nha o xa hoi. Anh: Dinh Trong
Many workers expect to soon increase their income threshold for social housing purchase. Photo: Dinh Trong

According to current regulations, one of the conditions for people to buy social housing is an income of no more than 15 million VND/month (for single people) and no more than 30 million VND/month (for husband and wife).

Prime Minister Pham Minh Chinh recently agreed with the proposal of the Ministry of Construction on raising the threshold of income allowed to buy social housing. According to the proposal, single people with an income of no more than 20 million VND/month and households of the couple with no more than 40 million VND/month will be approved. This is a positive signal, opening up opportunities for many workers who are " backward-throwing" between the two segments.

Talking to Lao Dong, Mr. Le Van Khanh (29 years old, from Hung Yen) currently works in the media sector in Hanoi with an average income of about 18 million VND/month. Although he is renting a house and wants to buy it to stabilize his housing, he is not eligible to participate in the social housing program because his income exceeds the prescribed level. See more...

More than 360 social housing units for Thai Nguyen workers set completion date

Thai Nguyen - Dai Thang social housing project with more than 360 apartments is built near the industrial park, helping many workers and laborers have stable settlement opportunities. Video: Nguyen Hoan
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People in 6 southern wards and communes of Ho Chi Minh City are preparing to give up land to build Metro to Can Gio

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