Bac Ha Thanh Residential Area granted phase-3 land
CGI of Bac Ha Thanh Residential Area
According to Decision No. 2889/QĐ-UBND, issued by the People’s Committee of Binh Dinh Province on August 13, 2024, 157,741.29 m2 of land has been allocated to Phat Dat. This allocation spans 29 plots (map sheet No. 16), 127 plots (map sheet No. 24), 1 plot (map sheet No. 54), and 1 plot (map sheet No. 58) in Phuoc Thuan Commune, Tuy Phuoc District, intended for the development of the Bac Ha Thanh Residential Area, combined with urban gentrification.
Previously, the project received land allocation for Phase 1 on September 15, 2023, and Phase 2 on June 27, 2024. Bac Ha Thanh Residential Area includes townhouses, land lots, shophouses, and other products, with a total investment of approximately 2,343 billion VND.
As of August 16, 2024, the earthworks and land leveling for Phase 1 of the Bac Ha Thanh Residential Area have been over 95% completed. Nineteen out of 20 roads and the Phase 1 subdivided areas have been finished, while land leveling is underway for the Phase 2 subdivided areas and the resettlement area.
Contractors are also working swiftly to complete the technical infrastructure, laying stone bases on several roads, driving piles, constructing retaining walls, and planting trees.
Shophouse Section Construction
Out of the 92 shophouses in the project, concrete foundations have been completed for 64 units. The number of units that have had their first, second, and third floors, and roof slabs completed are 57, 49, 37, and 22 units, respectively.
This promising modern urban area is expected to significantly transform the local urban landscape and generate strong cash flow for Phat Dat in 2024.
