Authoritie
Housing Development Corporation (HDC)
Master developer of Hulhumalé; grants pre-sale authorisation once a development reaches 20% of construction.
Developments
Coverage
Development
2021: Government promises Hiyaa keys in March, then in April
In February 2021 the housing minister said Hiyaa flats would be handed over by the end of March, unfinished and with three months rent-free; in March the President's Office said April. Keys were handed over from 14 July 2021 and residents moved in from mid-August.
Developments
A day at home at Vinares
A tiled, finished flat, lifts and parking downstairs, and gyms, cafés and convenience stores on the commercial floors. What a day at Vinares in Hulhumalé Phase 2 looks like, and who it suits.
Developments
What makes Vinares worth coming home to
A large development of 1,344 flats in ten blocks, where the view depends on the side: the marina and cruise terminal, the city, the main roads or the inner courts. How to read Vinares' design.
Developments
What your rent buys at Vinares
A furnished three-bedroom on the first floor was listed through Binga at MVR 35,000 a month in April. What that rent bought at Vinares, and what to ask about the rest of its 1,344 flats.
Developments
A day at home in Reethigas Residence
Windows open in the morning, errands on foot along Reethigas Magu, a terrace or a balcony for the evening. What an ordinary day looks like at Reethigas Residence in Hulhumalé Phase 1, and who it suits.
Developments
What makes Reethigas Residence beautiful to come home to
Three blocks, sixteen floors and two hundred homes on Reethigas Magu, planned for breeze and balconies over Hulhumalé. The quieter beauty of Reethigas Residence: a well-made everyday home rather than a showpiece.
Developments
What your rent buys at Reethigas Residence
Two-bedroom homes listed at $1,500 a month, a semi-furnished three-bedroom at $1,800 and a furnished three-bedroom with a private terrace at MVR 45,000. The value at Reethigas Residence, from the units Binga has listed in 2026.
Represent Housing Development Corporation (HDC)? Send the desk your news or corrections to hello@binga.mv.