April 18, 2022 | 11:11

Hanoi set to sell more old villas

Phan Nam

Hanoi will continue to sell 600 old State-owned villas from a list of sold or half-finished properties. The capital currently has 1,216 villas, including 367 State-owned villas, 732 mixed-use villas with mixed ownership, and 117 privately-owned villas. Many are degraded and damaged, but there is insufficient funding for maintenance, renovation, and repair.

Hanoi set to sell more old villas
Photo: Illustration
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