Series of land plot to the West

Many investors transfer part or all of the project in the West.

Hanoi People’s Committee has just allowed Thai Son Construction Investment Joint Stock Company to transfer a part of Tay Mo – Dai Mo New Urban Area project, Nam Tu Liem District, Hanoi to HBI Joint Stock Company.

4 plots of land transferred as part of Vinhomes Smart City urban area with a total area of ​​over 3.34 ha, 5 apartment buildings and facilities, technical infrastructure … The transfer value 1,136 , 8 billion dong.

HBI said it would invest in this project with the brand Imperia Smart City – a high-class real estate line developed by MIK Group. The total investment of the transferred project is about 5,596 billion dong, expected to be completed in the fourth quarter / 2024.

Tay Mo – Dai Mo new urban area has a total area of ​​280 hectares and currently has the current trade name of Vinhomes Smart City developed by Vinhomes, a subsidiary of Vingroup. At the 2019 annual general meeting of Vinhomes Joint Stock Company (Ticker: VHM) in May, Ms. Nguyen Dieu Linh, Chairman of the Board of Directors of this unit also shared about the strategy to promote product wholesale activities or part of a project for a reputable partner to develop urban centers together.

Previously, at Vinhomes Ocean Park, Gia Lam, Vinhomes project also transferred 2 lots of more than 3.7 ha to Minh Tan Real Estate Co., Ltd. Hanoi to develop high-rise housing with total investment capital. about VND 4,834 billion.

In the Western region, a series of other projects have recently been transferred to new investors. Phu Dien Trading and Construction Investment Joint Stock Company transferred 4 residential land plots of land clearance project on both sides of West Thang Long axis, with a total transaction value of more than trillion dong.

Of which, 3 plots of land in Tay Tuu ward, Bac Tu Liem district, with an area of ​​2.6 ha respectively, were approved for construction of apartments and trees and transferred to Asset Management Joint Stock Company. Song Nhue and Xuan La Construction Investment Joint Stock Company.

In addition, the entire land on both sides of West Thang Long axis, an area of ​​1.5 hectares, is expected to be transferred by 472 billion VND. However, the information of the transferee has not been disclosed.