The Khai Vy mixed-use residential and commercial housing apartment project is being implemented on a land area of 5,174 m2 with a scale of 324 apartments, meeting the urgent housing needs of thousands of people. The project is expected to be completed in the second quarter of 2028.
Notably, exceeding conventional social housing standards, the project aims to bring an approachable living experience to commercial housing projects. Realizing this orientation, investors focus on creating open space, synchronous technical - social infrastructure with reasonable development density. The project ensures modern living quality when designing a basement of more than 3000m2; 3 floors of the base block integrating the lobby of the apartment, community living area, commercial service area and parking floor; the tower block from the 4th to the 21st floor, each floor has 18 apartments. Essential utilities are fully arranged right at the base, along with an advanced security system, contributing to building a civilized, safe and sustainable living environment for the future community.
This is also a project with a prime location. Located on Dao Tri Street, the project enjoys the advantage of the landscape bordering the Saigon River, while adjacent to many modern urban areas and a synchronously formed infrastructure - utility system. From here, residents can easily flexibly connect with the entire South and move quickly to the city center.
The investor of Khai Thinh Real Estate Joint Stock Company added that Hung Thinh Incons Joint Stock Company is the unit responsible for the general contractor role. The cooperation with a reputable and experienced general contractor ensures that the project is focused on construction with the highest progress and quality. All aim at the goal of quickly bringing real housing to the community, a green and comfortable living space for future residents.
At the event, Mr. Nguyen Xuan Vinh - representative of Khai Thinh Real Estate Joint Stock Company shared that developing social housing is not only a major policy of the Party, the Government and authorities at all levels but also the responsibility and enthusiasm of real estate enterprises. The social housing apartment project in Khai Vy mixed-use residential and commercial area was built to contribute to helping each family regardless of the circumstances to have the opportunity to own their own home. When completed, the project will bring a quality living space to residents, while promoting a modern look for the area" - Mr. Vinh added.
Speaking at the ceremony, Mr. Le Loi - Chairman of Phu Thuan Ward People's Committee acknowledged the persistent efforts of the Investor and accompanying units in pursuing the goal of social housing development. According to him, the project's groundbreaking not only has the meaning of a new project, but is also a step to concretize the major orientations of the Party and State in the housing development strategy, bringing practical housing opportunities to a large number of people in the area.
In recent years, developing social housing and affordable housing for low-income people has become one of the priorities of the Party and State, with the goal of completing one million social housing units in the period of 2021-2030.
In Ho Chi Minh City alone, according to the draft being consulted by the Ministry of Construction, in the next 5 years the city is expected to be assigned a target of building nearly 194,300 social housing units - the highest in the country. In that context, the social housing apartment project in Khai Vy mixed-use residential and commercial area is of great significance, especially in the South Saigon area - where many export processing zones, industrial clusters and large numbers of immigrant workers are concentrated, with a very high demand for social housing.
Statistics show that hundreds of thousands of workers, laborers and low-income people in Ho Chi Minh City still have difficulty with housing. The groundbreaking of the social housing apartment project in the Khai Vy mixed-use residential and commercial area contributes to expanding supply, supporting the resolution of urgent housing problems for people, and accompanying the City in implementing social housing development goals in the new period.
