A corner of social housing project in Gia Lam district (Photo: HNMO)According to the department, in 2017, some 11 million square metres of housing were constructed, with 60,000 square metres of social housing, 164,000 square metres of resettlement housing, over 2.5 million square metres of commercial housing, and the rest built by residents. The construction leads to an average area of 25.6 square metres per capita, and an expected area of 26.3 square metres per capital by 2020. At present, the city is developing commercial housing for resettlement, as well as concentrated social housing in Dong Anh, Gia Lam, Thanh Tri and Bac Tu Liem districts./. Compiled by BTA
Prime Minister Nguyen Tan Dung on December 19 advised Hanoi to mobilise resources to develop social housing and housing for people who rendered services to the country, as well as workers, students and civil servants. Dung gave the advice at a working session with city authorities to discuss how to tackle bad debt and solve problems in the property market. The session was attended by Deputy Prime Ministers Vu Van Ninh and Hoang Trung Hai, as well as leaders of related ministries. Reports from property investors and traders indicate that Hanoi has 5,800 unsold apartments, equivalent to 566,600 square metres…... [read more]
The Ministry of Construction has overviewed the business results of the first half of 2009, reporting that a total 22 million new square metres of houses were developed in the six-month period, with 11.4 million square metres in urban areas. The total housing space in the country as of last month was one billion square meters, with an average of 12.2 square meters per capita. Of the total, urban areas account for 320.7 million square metres and rural areas 737.6 million square metres. Regarding the real estate transaction, there have been 126 floors having registered with the Construction Ministry to…... [read more]
The goal was announced in Hanoi on August 29 at the signing of a joint action plan between the Vietnam General Confederation of Labour (VGCL) and the Ministry of Construction (MoC) to implement the National Housing Development Strategy up to 2020, with vision to 2030.The action plan aims to provide ten million square metres of housing, equivalent to 350,000 apartments, for about one million workers.The plan also targets improving mechanisms and policies related to developing and managing worker housing.Initially, the VGCL and the MoC will direct and organise the plan's implementation in localities with a large number of IZs and…... [read more]
Apartment buildings in the Viet Hung social housing urban area in Hanoi. (Photo: VNA)The Ministry of Construction has recently asked local authorities nationwide to quicken the building of social housing, in a bid to comply with the national housing development strategy.Among the requests was to simplify administrative procedures in determining which borrowers were eligible for preferential loans from the Government's 30 trillion VND (1.33 billion USD) support package for the realty market.In addition, coordination with the State Bank of Vietnam and credit institutions was needed to tighten inspections to prevent abuses during the implementation of the preferential loan package.Further, the…... [read more]
Prime Minister Nguyen Tan Dung yesterday called on Ha Noi authorities to put stronger focus on developing social housing during a meeting to assess the frozen real-estate market. The meeting followed a similar one with HCM City authorities on Tuesday. Both were in preparation for a Government plan to issue a resolution to help the struggling market. According to reports from real estate companies and trading floors, Ha Noi currently has about 5,800 unsold apartments, equivalent to more than 566,000 square metres of housing space. In addition, there are about 175,000sq.m in vacant rental offices, but only about 330 unsold…... [read more]
