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Tan Hoang Minh suddenly appeared in the golden land 161 Yen Phu next to West Lake

The golden land that has been “matted” for many years, located next to West Lake (Hanoi), suddenly appeared a series of new fences with the signboard of Tan Hoang Minh Group – Ngoc Linh.

As noted by PV VietNamNetRecently, around the land 161 Yen Phu (Tay Ho, Hanoi) opposite Thang Loi hotel appeared a series of new fences, named Tan Hoang Minh – Ngoc Linh.

North of the land is adjacent to the Sanrio Hello Kitty World Hanoi project of BRG Group; The east and west are adjacent to Yen Phu and Nghi Tam streets. The land is considered to be located in a prime location in the capital, next to West Lake, not far from the center of Hanoi and close to famous hotels such as Intercontinental Hanoi Westlake, Thang Loi Hotel, Sheraton…

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Around the land 161 Yen Phu (Tay Ho, Hanoi) appeared a series of new fences, named Tan Hoang Minh – Ngoc Linh

At the above land, there is currently no project information disclosure sheet. However, as far as I know, in the list of projects in the 2021 land use plan in Tay Ho district, this land has an area of ​​0.38 hectares, the address at 161 Yen Phu is arranged for the project. building green areas, combining sports fields and public service works with business nature, invested by Ngoc Linh Co., Ltd.

Previously, in July 2007, the Hanoi People’s Committee had decided to allow Ngoc Linh to use 3,931 m2 of land to implement the project. After the 2013 adjustment, 1,530 m2 of the original plot of land outside the red line of the land was used for planting trees, building technical infrastructure and public service works of business nature. The land has a 50-year useful life and is subject to a fee and cannot be built for sale or rent.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
The abandoned land has been green for many years

The People’s Committees of Tay Ho District and Hanoi City have approved the plan to carry out site clearance from 2019. However, the land has been abandoned and green since then.

Notice immediately that the new land around Tan Hoang Minh – Ngoc Linh is also a park project with an area of ​​0.61 ha of BRG. The land area is located at 151 – 153 Yen Phu, acquired by this group from 2017 and since 2018 has been approved by the Hanoi Department of Planning and Architecture to deploy the project with the function of urban public land (for entertainment purposes). indoor entertainment). Both lands have been lying dormant for the past time.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
According to the list of projects in the 2021 land use plan in Tay Ho district, this land area has an area of ​​0.38 ha, address at 161 Yen Phu is arranged for the project of building a green area, combining sports ground and public service works of business nature invested by Ngoc Linh Co., Ltd

In the West Lake area, Tan Hoang Minh is currently the investor of two apartment complexes, D’. El Dorado (Lac Long Quan street) and D’. Le Roi Soleil (Xuan Dieu street).

This is not the first time that Tan Hoang Minh’s group appeared at a slow-moving project in Hanoi. Before that, Sao Viet, a member of the group, also shook hands with another business to restart a project that had been suspended for nearly 20 years in Hai Ba Trung district.

Specifically, in September 2021, Viet Star Real Estate Investment Company Limited successfully issued a bond lot of VND 1,900 billion with a term of 60 months.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Even the new land around Tan Hoang Minh – Ngoc Linh beach is also a park project with an area of ​​0.61 ha of BRG, located at 151 – 153 Yen Phu, approved by the Hanoi Department of Planning and Architecture to deploy. project with the function of urban public land (indoor entertainment)

The proceeds from the issuance will be used as a deposit for the business cooperation contract of the investment project to build a strip of land south of Dai Co Viet street (equivalent to 47% of the total investment). Here, a complex of public service works, offices and apartments will be built at Lot IA and Lot II-III on the southern strip of Dai Co Viet Street, Hai Ba Trung District.

The project was approved by the Hanoi People’s Committee in April 2002 and assigned to the Construction and Housing Development Joint Stock Company as an investor, according to the plan, it will build 7 11 – 24 storey buildings with a total floor area. is 29,000 m2 with public works, offices and civil service areas.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Both “golden land” areas next to West Lake have been lying dormant for the past time

After nearly 20 years of delay due to land problems, Nam Dai Co Viet project has a new investor, Nam Dai Co Viet Investment and Development Company Limited.

In Hanoi, Tan Hoang Minh also owned a “golden land” that had been abandoned for many years, such as 22-24 Hang Bai Street (commercial name of D’ San Raffles project). As one of the rare land plots with 2 fronts located on main streets, very close to Sword Lake, Tan Hoang Minh had to accept compensation for some locations up to 1 billion VND per m2 to clear the area. This land, but still can not implement the project after many years is still a vacant lot surrounded by fence.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Tan Hoang Minh also abandoned the “golden land” area 22-24 Hang Bai street for many years

Before Tan Hoang Minh divested, the D’ San Raffles project was introduced on an area of ​​more than 4,000 m2, planned to be developed into a 9-storey building and 5 basements, including a complex of commercial centers, High-class offices, “super luxury” apartments are priced from 7 billion to 35 billion dong.

After many years, the project was unexpectedly started on February 3, 2021. The project information plate has also been changed, revealing notable details that Masterise Homes Real Estate Development Company Limited (Masterise Homes), a member of Masterise Group JSC (Masterise Group) is the project developer. judgment.

Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
After many years, the project at 22-24 Hang Bai suddenly started construction on February 3, 2021 with the appearance of Masterise Homes Real Estate Development Co., Ltd (Masterise Homes), a member of the Group JSC. Masterise (Masterise Group) as project developer
Tan Hoang Minh suddenly appeared in the green 'golden land' next to West Lake
Apartments with an area of ​​​​120-250m2 are offered for sale at about VND 85-175 billion

According to the information board, the project has a construction area of ​​nearly 2,800 m2, including 6 basements and 8 floating floors; was granted a construction permit by the Hanoi Department of Construction on December 23, 2020. The project started on March 2 and is expected to be completed in the third quarter of 2023. In this project, apartments with an area of ​​​​120-250m2 are offered for sale at about VND 85-175 billion.

Thuan Phong – Hoai Nam

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