Hai Phong allocates over 1.6 hectares for VND 3.18 trillion project
The apartment complex combined with a commercial and service center in Le Chan Ward, invested in by Hoang Huy Financial Services Investment JSC, has a total investment of over VND 3.179 trillion and is expected to provide about 998 apartments.
The Hai Phong People’s Committee has decided to allocate 16,177.1 m2 of land, for which site clearance has been completed, to Hoang Huy Financial Services Investment JSC.
The site is located at 150 To Hieu Street, adjacent to To Hieu and Me Linh streets and an existing residential area.
The project will include an apartment building combined with a commercial and service center, with a maximum height of 40 floors, excluding the penthouse level, and three basement floors. It is expected to provide about 998 apartments and 11 townhouses.
The podium of the apartment building will be 3 - 4 floors high and accommodate commercial and service functions. The tower will comprise apartments. The townhouses will have a maximum height of seven floors.
The project has a total investment of over VND 3,179.4 billion. It will have an operating period of 50 years and a construction period of 60 months from the date of the land allocation decision.
Upon completion, the project will create a residential area combined with commercial and service facilities in the center of Le Chan Ward, contributing to urban upgrading, more effective use of the land fund and improved infrastructure around the Me Linh - To Hieu intersection.
LE HIEP