HDC releases final list of qualifying Vinares flat buyers

The next step to purchase the apartment from the Vinares project is to verify the financial capabilities of applicants.

3 February 2023

Mega integrated tourism project launched in Hulhumale

The Urban Isle project is to be developed independent of the Hulhumale development project.

30 November 2022

HDC kicks off co-living housing project

The project has been awarded to Hong Kong-based Rotime Engineering and Technology

30 December 2022

World Bank criticises second housing company

According to the World Bank, financial burden of the loans taken by FDC for the housing projects must be borne by the finance ministry.

12 October 2022

Hulhumale Urban Isle project opens for 15 guesthouses

The implementation of the tourism integrated project will benefit the entire Maldivian economy, especially the Male region.

7 January 2023

1,000 plots for Male residents allotted from Hulhumale

HDC says the land would be cleared by the time the applications for the plots were evaluated.

26 January 2023

HDC mandates price freeze for 60% of private flat developments

If any additional fee or add-on is charged, the unit buyer will sign a form stating that there is no objection.

19 February 2023

HDC to earn minimum MVR 763m from Thilafushi land sale

A total of 449,360.85 sqft of land will be auctioned

8 February 2023