The Binh Thuan Provincial People’s Committee has approved the south-central province’s housing development plan for 2023, with a target of raising the total floor space to over 1.33 million sq m.
Of the total, the area for commercial housing will be 164,000 sq m, for resettlement housing over 37,000 sq m, and for social housing more than 184,200 sq m.
The average housing area per person is expected to be 24.9 sq m.
The average in urban areas will be 25.7 sq m and in rural areas 24.5 sq m.
Total investment needed for housing development is estimated at over VND7.7 trillion ($324 million).
The total land area to be used for housing construction is estimated at 212.4 ha.