Social housing in the Commercial Housing Project in Pham Dung Village, An Hong Commune, An Duong District (now Pham Dung Residential Group, Hong An Ward, Hai Phong City) has been approved for sale by Hong Bang Investment Joint Stock Company in Decision No. 10/2025/QD-HB dated October 2, 2025 and reviewed by the Institute of Construction Economics in the report on the results of the appraisal of the social housing price plan No. 2508/VKT-CC dated September 3, 2025.
Of which, the social housing area has 346 apartments. The average selling price of social housing apartments is: VND 18,600,000/m2 (selling price includes VAT, excluding maintenance costs for apartments according to regulations).
Within 180 days from the date of acceptance of the completion of the construction and putting it into use, Hong Bang Investment Joint Stock Company is responsible for conducting a state audit or independent audit, settling construction investment costs in accordance with the provisions of the law on housing, construction law, and other relevant laws.
In case the selling price and rental price of social housing according to the audit, settlement and inspection results of the Department of Construction are higher than the selling price and rental price signed by the investor, the investor will not be allowed to collect the additional difference from the buyer or lessee for social housing; in case of lower, the investor must return the difference to the buyer or lessee for social housing. Investors are not allowed to collect money exceeding 95% of the contract value until home buyers are granted a Certificate of land use rights, ownership of assets attached to land and complete the refund of the difference (if any)...
