Prime Minister Nguyen Tan Dung has asked the Hanoi government to check many villas in which billions of dong have been invested but have been abandoned for years, VnExpress said Tuesday.
Work on dozens of villas at the An Sinh My Dinh 2 condominium cluster in Tu Liem District has been delayed for five years after the frames were finished.
Meanwhile the city is short of land and many residents are looking for a place to live in.
The vacant villas not only showcase a waste of money but also careless planning that made the city look ugly and offered a shelter for anti-social elements like thieves and drug addicts, the PM said.
He ordered the city People's Committee to discuss what can be done with the villas and submit suggestions for action by February 15.
At many new urban areas in Hanoi, villas with their main structures finished, worth VND20-30 billion (US$1-1.54 million), have been left untouched for five to six years.
For instance, villas in the Phap Van Tu Hiep new urban area in Hoang Mai District have changed hands many times but have never had a person live in them.
People have been buying them and waiting to resell for profit.
Meanwhile, the villas are surrounded by overgrown weeds and, in some instances, filled with rubbish.
The capital city administration has announced that they would check construction projects in the area and punish those that have been abandoned. But many observers have expressed skepticism that the announcement will be followed by any action.