The project is located on the banks of the Troi River, not far from Cua Luc Bay and Viet Hung Industrial Park, Cai Lan Industrial Park and Ha Long - Van Don expressway.
The project has a total area of about 2.96 ha, with a scale of 4 15-story apartment buildings, including 1,128 social housing apartments and 48 adjacent commercial houses. Construction density is about 38.75%, meeting the housing needs of about 2,252 residents.
Social housing apartments for sale include many types, from 35m2 to 75m2. The total investment of the project is about 1,243 billion VND. The expected house handover time is in the first quarter of 2028.
Speaking at the groundbreaking ceremony, Mr. Vu Quyet Tien - Deputy Secretary of the Provincial Party Committee, Chairman of the Quang Ninh Provincial Fatherland Front Committee - said that Quang Ninh province always pays special attention to building housing areas for workers and laborers.
From the beginning of 2026 to now, about 10 social housing projects have been started construction in Quang Ninh.
Along with continuing to pay attention to building social housing areas, Quang Ninh is accelerating the construction of rental housing areas.
According to Quang Ninh Provincial People's Committee, Quang Ninh does not have rental housing belonging to public assets, while rental housing invested by businesses is about 3,300 rooms/unit, including: social housing for rent 803 units; worker dormitory 2,497 rooms. In the near future, there will be a number of new worker dormitory projects going into operation.
Currently, Quang Ninh Provincial People's Committee is completing a project to establish the Provincial Housing Fund, which is expected to allocate existing financial funds to implement the goals and functions of the local housing fund.
Based on reviewing locations with high demand for social housing and rental housing, Quang Ninh province plans to prioritize the development of rental housing in the coming time. Among these are: Rented housing in Dong Mai Industrial Park, Dong Mai ward; Rented housing in the 20% land fund of Yen Thanh urban residential area, Uong Bi ward; Rented housing in the Ha Long Xanh complex urban area project area to serve workers and workers building this project.
To develop this type of housing, Quang Ninh province proposed that there should be support resources from the state and financial mechanisms and policies because the current rental housing investment sector is difficult to attract private sector participation due to low profits and prolonged capital recovery time. In which, Quang Ninh proposed that the Ministry of Construction and central ministries and sectors advise the Government to allow Vietnam National Coal - Mineral Industries Holding Corporation Limited (TKV) to expand and supplement investment and housing development for officials and employees, contributing to attracting a stable and long-term labor force for the industry.
Promulgate preferential mechanisms to attract businesses to participate in investing in the development of rental housing, such as preferential policies on exemption and reduction of land use fees, land rent, access to preferential credit capital, to reduce the cost of renting houses.
Continue to review and shorten investment procedures, select investors, and issue construction permits... for rental housing projects.
