Sacomreal unveils social housing project


Sacomreal launched on Sunday its Jamona Apartment social housing project in HCM City's District 7, which is eligible for support from the Government's VND30 trillion (US$1.42 billion) credit programme for low-income and certain other categories of people.

Sky view of Jamona Apartment project/ Photo Courtesy of Sacomreal. — VNS Photo

HCM CITY (Biz Hub) — Sacomreal launched on Sunday its Jamona Apartment social housing project in HCM City's District 7, which is eligible for support from the Government's VND30 trillion (US$1.42 billion) credit programme for low-income and certain other categories of people.

Lenders like OCB and Vietin Bank will offer a loan of 80 per cent rate of the apartment value for 15 years at 5 per cent interest.

It has two towers consisting of 1,290 units of 46-69sq.m, which cost a minimum of VND636 million ($30,285). It will have a 7,500sq.m swan-shaped lake.

It will have a mall, gymnasium, restaurants, clinics, and a kindergarten.

On the occasion, Sacomreal launched a fund to help disadvantaged people like orphans and poor patients to which it will donate VND1 million ($47.6) for every unit it sells in any of its projects. — VNS

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