The People’s Committee of District 5 in Ho Chi Minh City has yet to issue an order to pull down a ramshackle apartment building in the district due to a shortage of capital.

The run-down building apartment at 440 Tran Hung Dao Street has yet to be demolished although 20 households there were relocated one year ago.

The District 5 administration put several signboards and hung some banners in front of the degraded building to warn residents of its potential collapse.

Nguyen Xuan Trung, vice-chairman of the district, told Tuoi Tre (Youth) newspaper that due to some obstacles, the district was unable to allocate funds for the demolition of the dilapidated apartment building.

As regulated, the district must allocate an estimated VND1 billion (US$40,300) from its budget for such demolition, while over VND80 billion ($3.2 million) will be used for compensation.

“The district is considering suitable methods to compensate dwellers in the 440 Tran Hung Dao apartment building, which will be converted into the headquarters of the District 5 People’s Committee,” Trung said.

The tumbledown apartment building faces Tran Hung Dao Street and Chau Van Liem Street, covering over 240 square meters.

The three-story building was deemed at high risk of collapse, as indicated by the evaluation conducted in 2017.

As per the directive from the Ho Chi Minh City People’s Committee, the District 5 administration completed the relocation of 20 households in the building in March last year.

These dwellers moved to An Phu Apartment Building in District 6.

One year after the relocation, the District 5 administration has yet to tear down the deteriorating apartment building or compensated the residents.

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