DistantNews
What Does the HH Linh Dam Apartment Complex Developer Say About Residents' Preferences Being Consulted?
๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Economy & Trade

What Does the HH Linh Dam Apartment Complex Developer Say About Residents' Preferences Being Consulted?

From Tuแป•i Trแบป · (1d ago) Vietnamese Critical tone

Translated from Vietnamese, summarized and contextualized by DistantNews.

TLDR

  • Residents of the HH Linh Dam apartment complex are concerned about a survey collecting their preferences regarding compensation for project violations.
  • Options include returning apartments for a refund or receiving equivalent compensation in a different development.
  • The developer has acknowledged project violations, including illegal construction and unauthorized conversion of commercial spaces, but cannot commit to a timeline for resolution.

Tuแป•i Trแบป reports on the anxieties of residents at the HH Linh Dam apartment complex, who are being asked to provide their nguyแป‡n vแปng (aspirations or preferences) regarding compensation for long-standing project violations. The survey, conducted by state agencies in coordination with police, presents residents with difficult choices: either return their apartments for a refund or accept compensation in the form of a different apartment in the Thanh Ha urban area, another project by the same developer.

The core issue stems from violations that occurred during the project's construction, including building beyond permitted floors and converting commercial spaces into residential units. These issues have prevented residents, who began moving in as early as 2014, from receiving their official sแป• ฤ‘แป (land use rights certificates). The developer, represented by Mr. Nguyแป…n Quแป‘c Hแปฃp, admits to the violations but is vague about a resolution timeline, stating that "We cannot commit to a timeline... The developer, having sold the units, must bear responsibility to the end, but the resolution process depends on many factors..."

We cannot commit to a timeline... The developer, having sold the units, must bear responsibility to the end, but the resolution process depends on many factors...

โ€” Nguyแป…n Quแป‘c HแปฃpThe developer's representative explaining the difficulty in providing a firm timeline for resolving project violations.

This situation highlights a common problem in Vietnam's rapidly developing real estate sector, where developers sometimes cut corners, leading to legal and constructional issues that leave homeowners in limbo for years. For residents like Mr. Dแปฅng, who bought his 56m2 apartment for just over 900 million VND in 2014 and now sees its market value (based on handwritten agreements) exceed 3 billion VND, the proposed compensation options raise significant concerns about fairness and market value. The uncertainty and potential financial loss weigh heavily on their minds, a sentiment likely shared by many facing similar predicaments across Hanoi.

If people agree to the option of getting their money back, will the developer apply the correct market price? Also, if they move to Thanh Ha urban area (which is further away)...

โ€” Mr. DแปฅngA resident expressing concerns about the fairness of compensation options and the potential inconvenience of relocation.
DistantNews Editorial

Originally published by Tuแป•i Trแบป in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.