And thus, it enables you to possess the most useful and efficient advice, aiding you with more useful information to obtain more proper judgment.

Several tips about investment and construction management of Projects with Condotel and Officetel Flats

The Ministry of Construction has issued the state Dispatch No. 4308/BXD-HDXD regarding the construction and investment management of projects with condotel (a crossbreed of condominium and hotel), officetel (a hybrid of office and resort) condominiums, resort holiday villas or shophouses.



According to this document, in order to continue to improve the effectiveness and efficiency of the state authority over the management of construction investment, the Ministry of Construction requests the People’s Committees of provinces and centrally-run cities to order relevant agencies and units during the process of their management of construction investment, or construction authorities during the process of their implementation of administrative procedures, for construction investment projects with condotel, officetel apartments, resort villas or shophouses should keep the followings in their mind:

Initially, when evaluating and authorizing zoning construction and plans programs, People’s Committees of centrally-affiliated towns and provinces must make sure that these ideas are conforming to technical regulations and standards in push, and offer crystal clear explanations about how big the construction surface region, the amount of condominiums and inhabitants for the arrangement ofcondotel and officetel, resort villa or shophouse characteristics to discover the conditions and specifications about technical and social structure.

Second, when choosing investment plans for construction investment projects with the over real estate property sorts, it is required to guarantee the correspondence between investment purposes or land employs and operations of construction projects; be aware that the formation and development of this kind of real estate property should be ideal towards the neighborhood true circumstance more than time periods.

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