In December 2024, the People's Committee of Khanh Hoa province issued a decision to administratively sanction Nha Trang Bay Joint Stock Company for many violations at the mixed-use complex of hotels, services and apartments at 25 and 26 Pham Van Dong Street, Nha Trang City.
This is the latest information after the Department of Construction Inspectorate concluded on the implementation of regulations on management and use of Scenia Bay Residence apartment building that Lao Dong reported.
According to the decision of Khanh Hoa Provincial People's Committee, Nha Trang Bay Joint Stock Company committed 3 violations: not opening an account or opening an account for maintenance costs for the common property of the apartment building in violation of regulations; not recording in the contract information about the maintenance cost account for the common property of the apartment building as prescribed in the contract for purchase, lease-purchase of housing or other areas of the apartment building; not making a record of settlement of maintenance cost data.
For the above administrative violations, Nha Trang Bay Joint Stock Company was fined a total of VND500 million. At the same time, the company must also correct the above violations within 30 days.
It is known that Nha Trang Bay Joint Stock Company has a representative, Mr. Tran Duc Long, holding the position of General Director.
Conflict of interest between customers and investors
Scenia Bay Residence apartment is located on the coast of Nha Trang city, has a beautiful location and very high value compared to other apartments operating in the area. This is a mixed project, in front is a 5-star hotel, behind is an apartment.
After the investor sold apartments to customers in 2019, this place became a hot spot for conflicts of interest between the parties.
In early 2024, during the monitoring period, the inspection team of Khanh Hoa Provincial People's Council noted that at the mixed-use hotel, service and apartment complex project at 25-26 Pham Van Dong, there was no agreement between the investor and the Management Board on the handover of maintenance funds because the areas and equipment under common ownership of the apartment building had not been determined. On the other hand, there were conflicts and distrust among the members within the Management Board.
In addition, there are complicated disputes and conflicts between the investor, the Management Board, and the operating management unit. The management and operation of the common technical system, high water prices... have led to some households not paying water bills, not paying motorbike parking fees to the investor but paying directly to the operating management unit...
