On September 12, Entiz Group and Hung Son Investment and Trading Joint Stock Company organized an online draw for social housing purchase rights at the Hung Loc Urban Area Project, Vinh Loc ward, Nghe An province.
The draw process is supervised by representatives of Nghe An Provincial Police, Nghe An Department of Construction and Vinh Loc ward authorities.
According to information from the investor, before the lottery time, the project had received 884 dossiers eligible to buy social housing. Among these, 423 dossiers are prioritized and publicized according to regulations.
Priority groups include people with meritorious services; relatives of martyrs; people with disabilities; households and individuals in cases of land acquisition, clearance, and house demolition but not yet compensated by the State with housing or residential land; people with 2 or more biological children.
The total number of apartments identified for purchase in this phase is 612 units, of which 293 units are for priority cases.
A noteworthy point is that the selection of applications is carried out on the online system. Results are displayed directly and the draw session is broadcast live for registrants to follow.
Data for the draw is finalized before the time of organization. After having the results, the data is filed, printed and minutes are made immediately at the draw session under the supervision of representatives of relevant agencies.
The results showed that 33 applications were entitled to buy houses under the priority mechanism without drawing lots; 260 applications were selected through drawing lots in the priority group and 319 applications were selected in the remaining group.
Thus, a total of 612 applications are entitled to buy social housing at the 2 Fhome Plus Hung Loc Social Housing Project. The results will be listed and publicly announced on the official information channels of the investor.
Currently, the 2 Fhome Plus Hung Loc Social Housing Project is under construction. The investor said it is expected to hand over apartments by the end of 2026.
OXH-2 Social Housing Project (Fhome+ Hung Loc), in Vinh Loc ward, Nghe An province, invested by Hung Son Investment and Trading Joint Stock Company, has a total investment of nearly 620 billion VND. The project is built on an area of more than 9,825m2, including a 20-story C1 apartment building with 612 social housing units along with commercial, service and auxiliary items; Vietnam Development Bank finances a maximum loan of 415 billion VND. The provisional selling price is announced from more than 22.1 million VND/m2 to more than 24.2 million VND/m2, including VAT but not including apartment maintenance costs.
