The social housing project - Dai Thang Residential Area in Dong Tien Ward and Bai Bong Ward, Pho Yen City started construction in April 2024.
The project is over 11 hectares wide, of which the investor has reserved nearly 1 hectare to build social housing with 34 2-storey townhouses, an 18-storey apartment building with 361 apartments, each apartment has an area of 26.7m2 to 70m2, arranged with 1 to 3 rooms.
The total investment of the project is more than 700 billion VND, meeting the accommodation needs of 800 low-income people and workers in industrial parks in the area.
Recorded by PV on September 28, workers and machinery were mobilized to carry out construction. Currently, construction is underway on the 5th floor of the apartment building, and adjacent houses are also under construction.
The project is located right at the gateway to Pho Yen city, close to the Hanoi - Thai Nguyen highway. About 400m from the project site are factories and industrial clusters with thousands of workers. This is the first social housing project to be started in Pho Yen city.
According to the investor, the policy of purchasing social housing at the project and the conditions for borrowing capital are applied according to the Government's regulations. Residents receive preferential policies such as a loan interest rate of 4.8% per year. The maximum loan amount is 80% of the value of purchasing or renting social housing, with a maximum loan term of 25 years.
Talking to Lao Dong Newspaper, Mr. Duong Van Truong - Chairman of Bai Bong Ward People's Committee said that the project has more than 6 hectares in Bai Bong Ward. Currently, the site clearance has been completed and 100% has been handed over to the investor for construction. The recent flood did not affect the project, the contractor is still speeding up the progress.
It is known that from now until 2025, Thai Nguyen province will build nearly 9,000 social housing units. Currently, 4 social housing projects have been approved with a total of nearly 2,000 units.
Previously, in early March 2024, the social housing project in Tich Luong ward (Thai Nguyen city) was also deployed with a scale of 11.3 hectares, the total investment in phase 1 was 1,300 billion VND, including 11 buildings from 5 to 10 floors.
Some pictures at the project:
