Spanning an area of 9,305 square metres, UDIC EcoTower accounts for approximately 23 per cent of the residential land in the Hạ Đình Urban Area. With a construction density of 40 per cent, the project will provide 440 apartments, housing...
Đồng Nai is calling for investments in three social housing projects in 2024 as part of an effort to to develop 12 social housing projects with a total of more than 13,000 apartment units for low-income earners and workers by...
Deputy Prime Minister Trần Hồng Hà requested that the ministry take on a supervisory role in social housing, while compiling the draft of a decree on management and development of social housing held in Hà Nội on May 27.
Social housing projects that developers were hesitant to invest in due to capped profit suddenly gained traction as giant developers recently announced plans to step into the segment.
Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
The State Bank of Viet Nam (SBV) has decided to set preferential loan interest rate at five per cent for purchase, rent or hire of social housing projects in 2018.
Deputy Prime Minister Vu Van Ninh has urged the Ministry of Construction
to implement policies that would make social housing projects more
accessible to low-income buyers.
Amidst the recovery of the property market, complicated procedures and
capped profits have deterred investors from converting their projects
into social housing projects, noted the HCM City Real Estate
Association.
US investment fund Global Emerging Markets (GEM) has signed an agreement
to invest US$20 million in Hoang Quan Group, one of Viet Nam''s leading
real estate investment and business groups.
More social housing projects will be developed with the involvement of
the State, enterprises, and the public, to meet the people''s demand,
according to Minister of Construction Trinh Dinh Dung.