Housing Development Corporation Limited (HDC) has decided to open applications for the unsold units of the Vinares flats in Hulhumale’ Phase II.
HDC stated that some applicants were unable to meet their financial commitment or failed to attend the allotment session, prompting the company to not approve their application. As such, the sale of the unsold housing units will be re-opened for applications on November 5.
The Vinares housing project comprises 10 towers, encompassing a total of 1,344 housing units, all of which are three-room apartments. These flats are developed in four distinct concepts: 172 marina view flats, 372 outer view flats, 352 inner view flats, and 448 standard view flats. The marina view apartments offer a scenic view of the yacht marina and cruise terminal, while the inner view apartments provide a glimpse of the main roads. The outer view offers a cityscape, while the standard apartments are situated in the middle of the towers.
HDC split the recipients of the Vinares flats into two categories. They include 1,058 residents of Male' City and 257 individuals who have lived in the city for over 15 years. HDC has so far signed agreements with over 288 recipients and they have been informed that the agreements will be finalised before the end of October.