Groundbreaking of the Social Housing Project at Phuong Hoang New Urban Area in Bac Ninh Province


The Social Housing Project at Phuong Hoang New Urban Area (Phoenix Homes) is located in Tien Phong Ward, Bac Ninh Province, with LICOGI13FC Joint Stock Company serving as the Investor. The project has a total investment of approximately VND 1,995 billion (approximately USD 80 million).

The project is being developed on a land area of approximately 31,300 m², comprising 3 buildings with 21 above-ground floors and 1 basement, providing approximately 1,660 social housing apartments, with a total construction floor area of approximately 156,764 m².

The project officially broke ground on September 16, 2026, while the expected completion date has not yet been officially announced.

Groundbreaking Ceremony. Image: vietnamfinance