Buyers are tired of waiting for social housing.

The Phu Thinh social housing apartment project, located next to Doi Duong sea park (Phan Thiet city, Binh Thuan ), is sluggish in construction and slow in handing over houses, making customers angry.

Waiting for home

Phu Thinh social housing project, Phan Thiet City (Binh Thuan Province) has a total of 712 apartments, of which 540 are social housing units, the rest are commercial apartments. The project is invested by Phu Thinh Real Estate Investment and Trading Company Limited (Phu Thinh Company), with a total capital of more than 868 billion VND. The project started construction in early 2020 and is scheduled to be completed in June 2024.

Phu Thinh apartment project's late delivery makes customers angry.

The project is located in a prime location, only about 200m from Doi Duong Sea Park (Hung Long Ward, Phan Thiet City). After 5 years, the construction of this project is still sluggish, causing customers who have registered to buy and deposited hundreds of millions of VND to feel like they are "sitting on fire". Many families have to save up and borrow money to pay 70-80% in advance according to the contract.

According to the reporter's records on the morning of March 7, the construction site was quiet, with no construction activity. Inside the construction site, the apartment blocks had formed a rough structure, and weeds were growing wildly in the premises.

Mr. TN (name withheld), a customer residing in Phan Thiet City, said: In 2019, he saved up money to borrow money to buy an apartment with an area of ​​over 60 square meters for nearly 1.1 billion VND. According to the contract schedule, he has paid more than 700 million VND but has not yet received the house, even though it has been many months late.

"This is a dream house for many low-income people. Many people have to borrow money to pay for it, but the project's progress is too slow and the investor keeps breaking promises," Mr. N said sadly.

According to the contract, the completed house will be handed over in June 2024, but the apartment building is still not finished. Ms. NT, a home buyer (residing in Phan Thiet City), said: "We are renting a house, thinking we will soon escape the cramped rental house, but if it continues like this, we don't know when it will be."

How to solve?

According to documents collected by PV, during the implementation process, the People's Committee of Binh Thuan province has repeatedly directed the investor to speed up the completion progress. Because this is a social housing project that helps low-income people buy cheap houses to create social security.

Construction site is empty of workers, customers demand accountability of the investor.

In July 2024, the Department of Planning and Investment (now the Department of Finance) coordinated with the investor, but Phu Thinh Company cited financial difficulties as the reason and could not complete construction and hand over the house to the buyer according to the contract.

After the meeting, the company committed to completing the construction of Block C by November 2024, completing the construction of Block B by December 2024, and completing the construction of Block A by May 2025. However, the progress to date is still not as committed.

The project's delay has been administratively sanctioned by the Department of Planning and Investment (now the Department of Finance). The People's Committee of Binh Thuan province continues to direct departments, branches, and the People's Committee of Phan Thiet city to review the problems. At the same time, closely monitor and supervise the progress. In case of continued violations, it will be handled according to the provisions of the Investment Law (including consideration of terminating the project).

Most recently (February 19), Mr. Phan Van Dang, Standing Vice Chairman of Binh Thuan Provincial People's Committee, requested relevant departments and branches to review and consider administrative sanctions against the company for slow project implementation according to the set schedule, and to send a specific and detailed report on the project's progress to the Provincial People's Committee.

Phu Thinh Real Estate Investment and Trading Company Limited is located at Lot 1/3, Phan Thiet Industrial Park, Phong Nam Commune, Phan Thiet City (Binh Thuan) with Mr. Tran Thanh Duc - General Director as the legal representative. To clarify the customer's feedback related to the social housing project, the reporter contacted Mr. Duc's phone number many times, but has not received any response so far.

Source: https://www.baogiaothong.vn/binh-thuan-nguoi-mua-moi-mon-cho-nha-o-xa-hoi-192250310232004951.htm