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First social housing project in Binh Thuan launched

The Binh Thuan Housing Business and Construction Company began work on a social housing project in the central coastal city of Phan Thiet , Binh Thuan province on April 23.
The Binh Thuan Housing Business and Construction Company began work on asocial housing project in the central coastal city of Phan Thiet ,Binh Thuan province on April 23.

Covering 3,700 square metres in Phu Tai ward, the project comprises two 14-storey buildings with a total of 306 apartments.

The investor committed to selling 43-60 square-metre apartments for 350-500 million VND (16,200-23,200 USD).

Interested buyers can also access loans from the government’s 30trillion VND housing support package with an annual interest rate of 5percent over 15 years.

The project is expected to be completed in the fourth quarter of 2016.-VNA

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