Using 11,083 m2 of land to build Hoa An apartment complex in Tan Dong Hiep ward, Ho Chi Minh City

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HCMC - The authorities have allowed SH Dong An Company Limited to use land to implement the Hoa An Commercial - Service Apartment Project.

The land has a total area of 11,083 m2 on map sheet No. 31, Tan Dong Hiep ward, Ho Chi Minh City.

In which, the competent authority allowed the conversion of land use purposes to urban residential land with an area of 10,983 m2, in the form of land allocation by the State with land use fees.

For the area of 100 m2 of residential land in enterprises that has been transferred, it will be managed, used and invested in accordance with the approved detailed plan of the project.

In addition, for an area of 3,012 m2 of land belonging to the road safety corridor, land belonging to the zoning plan, the enterprise is responsible for managing and investing in construction in accordance with regulations.

The land use term is 50 years, until June 27, 2025. Land price for calculating financial obligations is implemented in accordance with the provisions of law.

The Department of Agriculture and Environment is assigned to preside over and advise departments to determine land prices for land use fees. At the same time, direct the issuance of land use right certificates, determine boundary markers and hand over land on site to enterprises.

SH Dong An Company Limited is required to fully fulfill financial obligations related to the land. Management and use of the land in accordance with the provisions of law.

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