VietNamNet Bridge – Once a symbol of prosperity of magnificent Saigon, the apartment buildings located at 727 Tran Hung Dao Road, District 1 have seriously degraded and could collapse. It is known as the most dangerous building in the city. Despite danger, ten households are still living in the building.
This 13-storey apartment building was built in 1960. The building is located near the center of District 1, divided into six units with 530 rooms. Its original name was Presidents Building.
After 1975, the building had 727 apartments and was home to nearly 600 households with 2,500 people. Seven years ago, HCM City People's Committee directed relevant authorities to urgently evacuate people out of the building. The deadline for relocation was April 30, 2008.
However, ten households are still living here but they have not accepted compensation and the resettlement policy of the investor.
Early this week HCM City’s Party Chief Dinh La Thang asked relevant agencies to urgently remove the ten families out of the building.
Photos of the ruinous building:
Le Ha