social housing

Update news social housing

Vietnam proposes military and police approval for social housing purchases

HoREA has proposed allowing the Ministry of National Defense and the Ministry of Public Security to approve buyers for social housing projects, streamlining the process for military and police personnel.

Prime Minister mandates social housing ‘KPI’ for major cities

Under a new government initiative, nearly 1 million affordable homes will be built, with priority given to low-income households and workers.

Over 107,900 substandard houses eliminated nationwide

Under the nationwide initiative to eradicate makeshift houses, 49,322 homes have received support, including 26,630 completed and 22,692 under construction. The remainders fall under other National Target Programmes.

Banks asked to launch preferential credit to help young people buy homes

If a preferential home credit package is provided to young people under 35, it could create significant social security opportunities.

Can Hanoi’s housing boom ease the rising cost of apartments?

Amid skyrocketing apartment prices, Hanoi is expediting social housing projects across multiple districts. With thousands of affordable units on the way, will the city’s real estate market finally see relief?

Ministry of Construction addresses challenges in social housing affordability

The Ministry of Construction has responded to voter concerns about the high cost of social housing, detailing policies to ensure greater affordability and access.

Real estate market overcomes toughest period

The Ministry of Construction (MOC) says the real estate market has witnessed positive changes and overcome its toughest period, and that social housing development will see a breakthrough in the time to come.