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person Orange Themes access_time Dec 02,2016

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Image : Discovering underground market in Saigon

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person Orange Themes access_time Mar 15,2017

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Image : Mexican cement maker ready to help Trump build border wall

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person Orange Themes access_time Nov 23,2016

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Da Nang to investigate real estate violations

access_time May 17,2017 chat_bubble_outline 28 views

VietNamNet Bridge – Da Nang City’s construction department has asked the municipal public security department to investigate illegal transactions related to the Muong Thanh Apartment project in the central city.



Da Nang to investigate real estate violations

Muong Thanh Apartment&Hotel complex project on the coastal street of Vo Nguyen Giap in Da Nang City. – Photo: VNS


The project began selling apartments last year, despite not being allowed to do so according to a statement released yesterday by Deputy Director of the department, Thai Ngoc Chung.

Chung said construction on the project, which began in 2015 on an area of 2,800sq.m with two 42-storey buildings and a hotel, was suspended due to several violations involving the apartment buildings.

He said the project owner, the Muong Thanh Group, illegally changed designs from the second to the fifth floors. The floors should have been reserved for a kindergarten and parking area, but instead 104 flats for sale were constructed.

The department fined the project owner VND40 million (US$1,800) on June 29, 2016, and suspended construction of the project.

The project owner then submitted the city and department a revised design adding the 104 extra apartments for approval.

The city agreed to allocate an area for underground parking lots combined with a kindergarten and park beside the apartment project.  

However, the project owner and construction contractor – Dien Bien construction No 1 –resumed construction while awaiting approval for the revised designs from the ministry of construction, the central city’s people’s committee and the department.

Chung said the department once again halted construction of the project on April 11, 2017.

Meanwhile, the project owner and its agent launched sales of apartment, despite the project not being listed as eligible to sell apartments.

According to the project’s marketing and sale agent, Nam Long Land company, apartment buildings were offered from VND15 million ($666) to VND17 million ($756) per sq.m from 2016.

Earlier this year, the city also suspended construction of a coastal eco-tourism project in the Son Tra peninsula including the Bien Tien Sa Joint-Stock company project in the Son Tra Nature Reserve; 68 houses and villas in Son Tra Mountain and the 43-storey Central Coast condotel project. 

VNS

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