The amended Law on Real Estate Business, the Law on Land and the Law on Housing will help resolve problems, maximise resources and promote the development of the property market and the affordable segment.
The monthly inward remittances by low-income earners average 10 times their recipients’ incomes, according to a new report by US payments company UniTeller.
The HCM City Real Estate Association has proposed social housing lending rates to be lowered to 3-3.5 per year to favourable conditions for low-income earners to afford homes.
Two new preferential loans which are not restricted by scale and deadline for social housing and cheap commercial housing projects would be provided to low-income earners. The two new packages are expected to continue the VND30 trillion housing stimulus package.
The Thu Do Investment and Trade Joint Stock Company yesterday began a
housing project for low-income earners in the Bac Co Nhue-Chem New Urban
Zone in Tu Liem District.