Dong Mo Social Housing Project: A Homeownership Opportunity in a Prime Location of Hoang Mai District
The Dong Mo Social Housing project in Dai Kim, developed by Housing and Urban Development Investment Corporation No. 5 (Handico 5), is one of the most notable social housing developments in southern Hanoi. With its strategic location, large scale, and attractive financial support policies, the project provides an opportunity for low-income residents to own affordable housing.
Project Overview
Dong Mo Social Housing is located in Dong Mo area, Dai Kim Ward, Hoang Mai District, Hanoi. The project is planned to provide quality apartments at affordable prices for eligible social housing buyers.
According to the Ministry of Construction, the project was initially expected to be completed in 2018; however, updated progress shows accelerated handover. The total investment is VND 650 billion, with VND 150 billion proposed for support loans from the State Bank.
Detailed Information
- Project name: Dong Mo Social Housing
- Developer: Housing and Urban Development Investment Corporation No. 5 (Handico 5)
- Location: Tran Hoa Street, Dai Kim Ward, Hoang Mai District, Hanoi
- City: Hanoi
- Land area: 7.36 ha (or 7,363.5 m²)
- Construction area: 28,943 m²
- Total floor area: 65,272.7 m²
- Basement area: 5,043 m²
- Green landscape area: 4,463.2 m²
- Estimated price: 71.91 – 88.79 million VND/m² (market data) or 13.5 – 14.5 million VND/m² (social housing support pricing)
The project consists of a 23-story residential tower, including 1 basement, 1 commercial floor, and 21 residential floors. Each floor contains 29 apartments, totaling 630 units, with more than 600 units eligible for the government’s VND 30,000 billion housing support package.
Location and Transportation Connectivity
The Dong Mo Social Housing complex is located on Vu Tong Phan Street (near Dau Bridge), Dai Kim Ward, Hoang Mai District. The area is adjacent to Kim Van Kim Lu residential complex, forming a vibrant and developing community.
Key regional connections:
- Transportation: About 2.5 km from Nga Tu So, approximately 10 minutes by motorbike to the city center.
- Education: Close to primary, secondary schools and major universities such as National Economics University and Hanoi University of Science and Technology.
- Urban areas: Near Linh Dam and Kim Van Kim Lu urban developments.
- Healthcare: Convenient access to major hospitals such as Vietnam–France Hospital and Bach Mai Hospital.
The geographic coordinates of the project are 20.97462463 latitude and 105.8258133 longitude.
Diverse Apartment Design
Apartments at Dong Mo Social Housing are designed to be airy and space-efficient, located in a densely populated urban area with convenient access to transport and services.
Apartment types (net usable area):
- 1-bedroom units: 58 m² – 65 m²
- 2-bedroom units: around 70 m²
- 3-bedroom units: 102 m² – 103 m²
Typical unit sizes include: 58.07 m², 58.74 m², 59.38 m², 64.41 m², 64.54 m², 69.75 m², 69.86 m², 69.87 m², 69.89 m², 69.97 m², 69.98 m², 69.99 m², 102.2 m², and 103.53 m².
Construction Progress and Handover
- Q3/2015 update: Expected handover in Q2/2017.
- Q1/2016 update (March 18, 2016): External finishing stage in progress, preparing for handover.
The relatively fast handover timeline is a major advantage for buyers in urgent need of housing.
Attractive Financial Support Policies
As a social housing project, Dong Mo benefits from special government financial support policies, reducing the financial burden for buyers.
Pricing and preferential loan package
- Interest rate: 5% per year
- Loan term: up to 20 years
- Maximum loan: up to 80% of apartment value
- Disbursement bank: BIDV
Required documents for purchase
- Application form for purchase/lease-purchase
- Housing status confirmation (state employees if applicable)
- Income certification (low-income status, non-taxable income)
- Household registration and ID copies (notarized)
- Other eligibility confirmation documents for family members
Conclusion
Dong Mo Social Housing, developed by Handico 5, offers affordable housing (13.5–14.5 million VND/m²) while ensuring quality living standards thanks to its strategic location and well-planned design. It is an ideal choice for families seeking housing in the rapidly developing Hoang Mai District, especially with support from the VND 30,000 billion government loan package.
