Housing Development Corporation (HDC) has sold the 26 beachfront plots opened for sale in Hulhumale’ Phase II to the highest bidders.
HDC revealed 211 people had bid for the 26 beach front plots that were opened for sale on December 27, 2021. HDC announced the plots have been sold to the 26 highest bidders. The corporation revealed bidding for 34 plots on the beach side will be opened on February 16.
HDC announced the area of the land plots to be sold in Hulhumale’ Phase II ranges between 1,603.07 sqft and 2,633.82 sqft. HDC said priority will be given to buyers who are purchasing land plots for the first time. HDC added buyers must not have a residential land plot measuring more than 600 sqft in the Male’ area registered to their name. Only locals above the age of 18 are eligible to apply for the purchase of the land plots.
Hulhumale’ Phase II was reclaimed in 2017 with the aim of fulfilling the housing needs of the public. The area was first populated in 2020, when individuals who bought private plots moved in. Since then, the recipients of flats under the Hiya housing project conducted in Hulhumale’ Phase II have also started moving in to their flats.