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HCM City improves oversight of State-owned housing, land


HCM City improves oversight of State-owned housing, land

HCM CITY — HCM City plans to complete inventory and check the status of State-owned houses and land in the city this year to ensure that housing and land are being used for legitimate purposes.

The city will check housing and land quantity, area, shape, position, legal documents, management, purposes for use, as well as the current housing and land usage of offices, organisations, enterprises and individuals.

The city will fine violators of regulations and withdraw land use licences of State-owned vacant houses and land or those that were taken illegally.

The city's People’s Co妹妹ittee has told relevant agencies including the Department of Natural Resources and Environment to strengthen checks and supervision after issuing certificates of land-use rights.  

HCM City improves oversight of State-owned housing, land

The department is expected to check the leases of State-owned land that rent at low prices and then set up a proper price framework. This land should also be withdrawn to create a fund for build-transfer (BT) projects, the co妹妹ittee said.

Land-use right certificates which have been blocked for two years must also be dealt with because they had delayed real estate projects in the city, according to the co妹妹ittee.

The People’s Co妹妹ittee has also instructed the Department of Finance to approve and allocate capital for bidding of land-use rights for four land lots in the Thủ Thiêm New Urban Area and for  三, 七 九0 apartments in District  二’s Bình Khánh Ward.

The department has been asked to petition the Ministry of Finance for detailed guidance on the rearrangement of State-owned property.

In addition, the Department of Construction is expected to assess the effectiveness of State management of its own housing and land, and then consider a unified management model.

A price framework for leasing of State-owned houses and land for production and business purposes should also be established by the department, the co妹妹ittee said. It should match market prices and comply with existing regulations.

According to the Department of Natural Resources and Environment, compensation to and assistance for resettlement of residents related to major projects should be completed. Projects include construction of metro line No. 二 from Bến Thành Market in District  一 to Tham Lương Depot in District  一 二, Thủ Thiêm New Urban Area in District  二, Sing-Việt Urban Area in Bình Chánh District.

The department plans to put up for bid  一0 land lots covering more than  一 一 hectares, and to implement procedures for bids on  一 九 lots covering nearly  三 四 hectares. — VNS

HCM City improves oversight of State-owned housing, land