According to the Da Nang City Department of Construction, 391 apartments in NOXH 01 building block (Social Housing Project in land plots B4-1, B4-2 belonging to Hoa Hiep 4 Resettlement Area - commercial name is Ecohome Hoa Hiep) have met the legal conditions to be put into business.
This project is invested by Thu Do Investment and Trading Joint Stock Company, located in Hai Van and Lien Chieu wards (Lien Chieu district).
Da Nang City Department of Construction determined that the investor has completed the acceptance of the foundation part from December 26, 2025. At the same time, according to the enterprise's report, land use rights and housing formed in the future at this project have not yet been mortgaged to any credit institution.
To protect the rights of homebuyers, the Da Nang City Department of Construction requires investors to mobilize capital in accordance with the provisions of the 2023 Housing Law.
Specifically, the collection of advance payments from buyers must be divided into many installments. The first installment does not exceed 30% of the contract value (including deposit). Before handing over the house, the total amount collected does not exceed 70%. Before issuing the certificate (Red Book), it is not allowed to collect more than 95%.
The Department of Construction emphasized that the investor must be fully responsible for the accuracy and truthfulness of the dossier. If after receiving this notice, the investor mortgages the project, then the mortgage must be discharged before signing the contract with the customer, unless the buyer agrees.
To avoid the common maintenance fund disputes in apartment buildings, the Department of Construction requires investors to set up separate accounts to manage maintenance costs (2%). Within 5 days from the date of opening the account, the investor must notify the Department of Construction in writing of the account holder's name, account number and bank opening the account.
At the same time, the investor is responsible for implementing the periodic reporting regime on the project implementation situation for functional agencies to closely monitor and supervise, ensuring the legitimate rights of workers when buying houses here.
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