Vinhomes announced to make 500,000 social housing houses for less than 1 billion VND

Pham Thieu Hoa, Chairman of the Board of Directors of Vinhomes, has just announced a new product line at the Vinhomes Annual General Meeting held on the morning of May 12. Accordingly, Vinhomes will deploy social housing projects under the Happy Home brand nationwide.

Selling price is about 300-950 million VND/unit.

This enterprise aims to complete 500,000 social housing houses within the next 5 years. The scale of the projects is about 50-60 hectares in the periphery in the major cities and provinces such as Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Da Nang… In the immediate future, Vinhomes will deploy the project in Ha Noi. Noi, HCMC.

Vinhomes said that Happy Home are independent urban projects, separate from Vinhomes’s commercial housing projects, or social housing lands in Vinhomes’s mega projects.

The enterprise emphasized that Happy Home is the first “full utility” social housing model in Vietnam with a full and convenient utility ecosystem, ensuring a good quality of life for residents such as a children’s play area. , sports ground, park with a scale suitable for the segment. Estimated selling price for apartments ranges from 300 million to 950 million VND/unit.

Participating in the development of social housing is one of the key development strategies of Vinhomes in the coming time, in order to contribute to solving the housing problem for low-income people, realizing the dream of owning a home. for millions of workers in Vietnam,” said Mr. Hoa.

Vinhomes expects Happy Home with a model that is different and superior to existing social housing projects will contribute to redefining this segment, completely changing stereotypes about construction quality, lack of utilities. poverty or low quality of life in housing projects for low-income people.

Target profit of 30,000 billion after tax in 2022

At the annual shareholder meeting, Vinhomes presented business results in 2021, and announced the orientation for 2022.

In 2021, Vinhomes achieves net revenue 85,000 billion VNDup 19% compared to 2020. Profit after tax reached 39,000 billion VNDa growth of 43% compared to 2020.

The impressive growth is the result of the sale and handover of large projects including Vinhomes Ocean Park, Vinhomes Smart City in Hanoi, Vinhomes Grand Park in Ho Chi Minh City and Vinhomes Star City in Thanh Hoa. In 2021, the business has successfully sold more than 39,100 apartments, villas and commercial townhouses, with a total value of about approx. 79,000 billion VND.

Besides business activities, Vinhomes has completed and handed over 46,732 apartments, villas and commercial townhouses, and put into operation 7 new projects in 2021.

This year, Vinhomes plans to implement existing mega-urban projects and develop social housing development, accelerate industrial real estate projects.

The enterprise is planning to deploy many new projects with outstanding scale and utility infrastructure in 2022. Specifically, Vinhomes will launch large projects located in prime locations with transport infrastructure. convenient communication, green living environment and great development potential.

With favorable macro factors and the growth trend of foreign direct investment (FDI) in Vietnam, Vinhomes expects industrial real estate to become one of the key business segments, contributing to the country’s economic growth. stable income for the business in the future.

Vinhomes said it is continuing to carry out investment promotion activities in 2022 to be ready to sign with partners as soon as the first industrial park projects come into operation in big cities such as Hai Phong and Hai Phong. Quang Ninh.

The revenue target in 2022 is to reach 75,000 billion VNDprofit after tax is about 30,000 billion.

Along with this year’s business plan, shareholders are also consulted on the cash dividend payment at the rate of 20% (shareholders who own 1 share receive 2,000 VND). The capital for the implementation is deducted from the accumulated after-tax profit until the end of 2021. The implementation time is expected in the third and fourth quarters of this year.

With more than 4.35 billion shares outstanding, Vinhomes is expected to spend more than 8,700 billion VND to complete this cash dividend plan.

Mainly sold in the low-rise housing segment

During the Q&A session, Vinhomes President Pham Thieu Hoa said that this year, the business will focus on launching large projects, mainly targeting the low-rise housing segment. These are projects such as Vinhomes Co Loa, Vinhomes Ocean Park 2 – The Empire, Vinhomes Dan Phuong…

Business leaders emphasize motivation to complete sales 120,000 billion VND, revenue of 75,000 billion is a positive signal of the market, especially after the opening of Ocean Park 2 – The Empire. Vinhomes will continue to maintain large lot sales with reputable partners with experience and potential, potential, risk reduction, product diversification.

“In 2022, Vinhomes will mainly sell low-rise products, targeting middle-class customers, who are sensitive to low interest rates and have good financial resources. This group of customers will ensure sufficient credit conditions. of customers”, said Ms. Nguyen Thu Hang, General Director of Vinhomes.

With the question of whether rising raw material prices will affect big projects, Vinhomes General Director Nguyen Thu Hang said that this is an existing concern of businesses. To overcome, Vinhomes will work closely with suppliers to have the most optimal costs. Enterprises also increase value by investing in utilities to increase benefits for Vinhomes customers.

Mr. Pham Thieu Hoa said that in addition to the Green Ha Long project (Quang Ninh) in the sea, the company also develops marine real estate projects in Can Gio (HCMC), a number of projects in Khanh Hoa and Da Nang. . With the project in Can Gio, the enterprise is carrying out procedures to adjust the planning, working with partners on technology for leveling and reclamation. Mr. Hoa assessed that this is a big project and will be deployed longer in the future.

Regarding the investment plan in industrial real estate, Mr. Pham Thieu Hoa said that in the next 10 years, this segment will develop strongly. It is forecasted that the industrial real estate segment will contribute 8-10% of the company’s value in the long term.

According to zingnews.vn