January 20, 2026 | 15:20

HCM City fulfils 97% of 2025 housing development plan

Thien Di

Total newly constructed floor area reaching approximately 14.4 million sq.m.

HCM City fulfils 97% of 2025 housing development plan

Ho Chi Minh City recorded positive results in the construction sector in 2025, with capital disbursement reaching nearly 96% of the annual plan, newly built housing meeting almost 97% of targets, according to the municipal Department of Construction.

Total disbursement amounted to more than VND30.24 trillion (nearly $1.15 billion), equivalent to 95.6% of the yearly target.

In housing development, the total newly constructed floor area reached approximately 14.4 million sq.m, fulfilling nearly 97% of the annual plan. The city’s average housing area stood at about 26.86 sq.m per person.

Social housing development exceeded the target assigned by the Prime Minister, with nearly 12,800 units completed in 2025, helping meet the accommodation needs of low-income earners, workers, and members of the armed forces.

In the transport sector, the Department of Construction implemented a range of key national and municipal infrastructure projects, including ring roads, expressways, major bridges, and urban railway lines.

Looking ahead to 2026, Ho Chi Minh City aims to complete 28,500 social housing units and raise the average housing area to 27.69 sq.m per person.

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