Long An: Checking Cat Tuong Phu An project after Nguoi Dua Tin's reflection

On March 6, speaking with Nguoi Dua Tin reporter, Mr. Phan Van Anh Phung, Chairman of the People's Committee of My Hanh Nam commune (Duc Hoa district, Long An province) said that regarding the information reported by Nguoi Dua Tin , the People's Committee of the commune has requested the investor to move the signboard to another place.

At the same time, the Commune People's Committee is submitting a document to the Duc Hoa District People's Committee and Long An Provincial People's Committee to fine the investor for conducting business without following the prescribed procedures. Currently, the District People's Committee is checking the information, if any violations are found, they will be fined according to the law.

As Nguoi Dua Tin reported earlier in the article “Long An: Warning to apartment buyers at Cat Tuong Phu An project”. In order to prevent illegal real estate sales and to protect buyers, the People’s Committee of My Hanh Nam commune (Duc Hoa district, Long An province) has posted a notice board warning to apartment buyers at Cat Tuong Phu An project.

The notice stated that the Cat Tuong Phu An project is not eligible for buying, selling and trading apartments because it has not completed the required procedures. The project is invested by Cat Tuong An - SW Company Limited (under Cat Tuong Group).

However, quite surprisingly, right after the Long An provincial authorities issued the above notice, another sign appeared right in front of the above location. It was a very large information sign about the Cat Tuong Phu An project, covering the entire area of the warning sign.

According to the reporter's records, currently inside the Cat Tuong Phu An project is just an empty lot, without any signs of construction.

Outside the gate, there is a Cat Tuong Phu An project information board, much larger than the warning board of My Hanh Nam Commune People's Committee. The two boards are placed only a few centimeters apart.

If looking with the naked eye through the gap between the two boards, it is impossible to read the warning line about not being allowed to buy and sell unqualified real estate of the Cat Tuong Phu An project of the People's Committee of My Hanh Nam commune.

Thus, the placement of the warning sign shows the responsibility of the People's Committee of My Hanh Nam commune in advising buyers to avoid risks when transacting illegal real estate, especially in the situation where many people who buy real estate on paper have to suffer consequences such as complaints and lawsuits in cases where the investor does not have enough financial capacity.

Real Estate - Long An: Checking Cat Tuong Phu An project after Nguoi Dua Tin's reflection (Image 2). — The gap between the two boards makes it impossible to read the warning line about not being allowed to buy and sell unqualified real estate of the Cat Tuong Phu An project of the People's Committee of My Hanh Nam commune.

But instead of following the warning from the authorities, the business blatantly ignored it and arbitrarily placed a project sign that covered the entire area of the warning sign.

Regarding the above project, on February 26 in Ho Chi Minh City, Cat Tuong Group held a kick-off ceremony, launching Cat Tuong Phu An apartments, with a selling price of about 25 million VND/m2, with more than 1,200 sales specialists from 20 strategic distribution agents.

At the event, the exclusive distributor of the project also awarded certificates to the distributors, marking the close cooperation and determination to conquer the business goals of the Cat Tuong Phu An project.

Information at the launching ceremony said that Cat Tuong Phu An apartment project is located in a prime location on the frontage of Provincial Road 9, My Hanh Nam commune (Duc Hoa district, Long An province).

With a large scale, including 5 blocks 17 floors high, a total of 1704 apartments, diverse in area and number of bedrooms, has created diversity and flexibility in choice for both families and individuals with different needs.

Source