Thanh Hoa approves $201 mln residential complex

The People's Committee of the northern province of Thanh Hoa has issued a decision approving the investment plan for a new apartment building project in Hac Thanh Ward, with a preliminary total investment of nearly VND5.28 trillion (over $201 million).

The project will be developed on a land area of approximately 22,568 sq.m. According to the design, the complex will feature high-rise blocks integrating residential apartments, commercial and service areas, and office space.

The development will also include a comprehensive infrastructure system, including internal roads, green spaces, outdoor parking lots, and other public facilities.

In total, the project is set to supply 2,197 apartments to the market, accommodating around 6,590 residents.

It is envisioned as a model urban area designed to meet the growing demand for housing in the locality.

The Provincial People's Committee has clearly stated that the investor will be selected through an auction of land use rights, in accordance with land regulations.

The Thanh Hoa Land Fund Development Center has been tasked with organizing the auction plan, ensuring the process is public, transparent, and closely monitored, and will be held fully accountable to the law and the Provincial People's Committee.