Social housing prices in Hanoi hit record highs
The hike is attributed to escalating costs of labor and construction materials, exceeding the affordability threshold for many low-income earners.
The hike is attributed to escalating costs of labor and construction materials, exceeding the affordability threshold for many low-income earners.
Since the price of social housing has increased so quickly, there is a lot of support for the idea of capping social housing prices. However, this policy can be...
Many banks have launched suitable credit packages, particularly consumer and social housing loans for low-income and disadvantaged groups.
The development of social housing in Vietnam faces significant challenges, including an overabundance of regulations that hinder progress and a lack of effective...
Expectations are high for the social housing sector as it enters 2025 since many large-scale projects are being planned for implementation by provinces,...
The supply of social housing in Vietnam is anticipated to increase significantly next year, driven by preferential policies and the Ministry of Construction’s (MoC)...
As of December 2024, a total of 644 social housing projects have been launched across the country, with a planned scale of 580,109 units. Among these, 96 projects have...
Prime Minister Pham Minh Chinh has issued an official dispatch emphasising the urgent need to address obstacles hindering the progress of social housing projects, aiming...
Decree No. 100/2024/ND-CP, which details certain provisions of the Housing Law on the development and management of social housing, marks a significant step toward...
Promoting social housing projects remains a priority for the government.
Authorities in Vietnam will build social housing and affordable commercial housing simultaneously to satisfy the various needs of residents.
According to HoREA, it is important to reintroduce the legislation that permits developers of social housing projects to boost building density or land use coefficient...
According to experts, rather than implementing a new credit package for social housing, it is better to tweak the present VND 120,000 billion loan package in the...
Deputy Prime Minister Tran Hong Ha has requested competent authorities to simplify the processes and criteria for evaluating eligibility and procedures...
Proposals regarding social housing loan packages continue to be suggested, with many opinions advocating for a fixed interest rate of 4.8% for social housing...
Prime Minister Pham Minh Chinh on March 16 urged the plan on building at least 1 million social housing units for low-income earners and industrial workers in the 2021 -...
Despite efforts made by governments in Binh Duong and Dong Nai provinces, just a few affordable houses in the Southeast provinces were built failing to meet great demand.
In 2024, the Ministry of Construction will closely monitor the implementation of the plan and work with local governments to allocate land for social housing.
Hanoi is expected to require capital of VND12.5 trillion (US$508 million) to develop social housing projects by 2025.
The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
The domestic real estate market will have four land valuation methods instead of the current five methods, according to a new decree issued by the Government on February...
The credit risk-weighted (CRW) for loans to buy social houses and houses under the Government’s support programmes and projects will be reduced by half to a maximum of...