Thousands of vacant villas and townhouses in Hanoi suburb near land priced at $5,300 per sq.m
Also in Hoai Duc District is Nam An Khanh, a project with among the most unoccupied units. It has nearly 1,800 townhouses and villas. It was approved in 2006 but delays in getting permits and financial difficulties prevented development until 2015. Many parts are still incomplete even now. Some units are used as brokerage offices,