1,165 social housing apartments to be built in Da Nang
The Saigon - Da Nang Investment Joint Stock Company (SDN) has announced that it will build 6 apartment blocks, providing a total of 1,809 apartments, in the city in order to meet locals’ housing needs. 1,165 of them will be affordable apartments for low-income earners.
Specifically, the apartment blocks CT5, CT6, CT7, CT8, CT9, CT10 will be constructed on the land lot No B4-2 in the Bau Tram Lakeside Green Urban Area, Hoa Hiep Nam Ward, Lien Chieu District.
Notably, blocks CT5 and CT10 will feature 21 storeys each, whilst the remaining 4 blocks will be 20 storeys.
These blocks will provide a combined total of 1,809 apartments, including 348 commercial apartments with a usable floor area of about 21,137 m2 each, 1,165 social housing apartments for sale with usable floor area of about 67,409 m2 each, and 296 social housing apartments for rent with a usable floor area of about 16,889 m2. Each of the apartments will cover an area of between 45m2 - 84m2.
The project will be carried out from the second quarter of 2022 to the second quarter of 2024.
Reporting by TRIEU TUNG - Translating by M.DUNG