Here stands Edifício Fai Ieng a testament to Macau’s commitment to providing affordable housing. Edifício Fai Ieng is more than just a building. It represents a significant chapter in the city’s social development.
Edifício Fai Ieng also known as \u5feb\u76c8\u5927\u5ec8 in Chinese stands tall with its 33 floors. It is a prominent feature of the Fai Chi Kei district. This economic housing project is a key part of the Macau Housing Bureau’s efforts. It helps ensure residents have access to affordable living spaces.
Construction of Edifício Fai Ieng began in 2013. It was completed in 2017. The building opened its doors to residents in 2018. The project was part of a broader initiative. It aimed to increase public housing options in Macau.
Spanning approximately 2000 square meters Edifício Fai Ieng offers a variety of amenities. The ground floor and first three floors are dedicated to social facilities. Levels one and two provide public parking with around 120 spaces for cars. There are also 100 spaces for motorcycles. The fourth floor features a recreational garden.
Edifício Fai Ieng includes 436 apartments. There are 336 two-bedroom units and 100 three-bedroom units. These homes provide comfortable living spaces for families. They contribute to the well-being of the community.
In 2013 a public tender was launched for the construction of Edifício Fai Ieng. Twelve companies were accepted. The project’s cost ranged from MOP 389000000.00 to MOP 489986133.00. The construction period varied from 820 to 840 days.
The government announced the name Edifício Fai Ieng. It also set the average selling price. It was about MOP 20615 per square meter. Some units were priced below this average. The final prices depended on factors like location and floor level.
Edifício Fai Ieng units were offered with a subsidy. This subsidy was calculated using a specific formula. It involved evaluations from property valuation companies. The final subsidy rate for Edifício Fai Ieng was set at 60.3%.
A sales description book was created for Edifício Fai Ieng. A demonstration unit was set up in the Seac Pai Van public housing estate. This allowed potential buyers to view the apartment layouts and finishes.
The first batch of selected families began choosing their Edifício Fai Ieng units in November 2013. Eighty families were invited. Most of them completed the selection process.
In 2018 commercial spaces in Edifício Fai Ieng were offered for lease. These spaces aimed to enhance the community with diverse services. The available spaces ranged from 23.77 to 262.88 square meters.
By October 2018 Edifício Fai Ieng had obtained its usage permit. The Housing Bureau scheduled appointments. This was for buyers to finalize their purchase procedures. These procedures included paying the remaining balance and signing management contracts.
January 2020 saw the Housing Bureau processing the sale agreements for Edifício Fai Ieng units. Permits were issued to 359 households. The bureau continued to facilitate the remaining transactions.
Today Edifício Fai Ieng stands as a thriving community. It offers residents affordable housing and essential amenities. The tower is near Rua do Almirante Lacerda and other buildings. This location enhances the quality of life for its residents. The building includes commercial spaces and a dementia center run by the Salvation Army. Edifício Fai Ieng is a vital part of Macau’s social fabric.