Topic: housing

10 projects with over 1,000 units expected for completion in 2024-2025 period.

Project in northern province has estimated investment of $333 million.

Northern province targets additional 1.8 million sq m of housing by 2025.

Province targets developing 559 housing projects during 2021-2025 period.

During discussions on the socio-economic situation at the ongoing fourth session of the 15th National Assembly (NA), Mr. Tran Van Tuan, NA deputy from northern Bac Giang province, said Covid-19 created a shortage of housing for workers that remains to this day. It is therefore necessary to introduce specific mechanisms and policies to encourage the participation of the private sector in housing and meet demand.

Deputy Prime Minister Le Van Thanh has signed and promulgated a decree on the construction, management, and use of information systems in the housing and real estate market. The Ministry of Construction will publish basic information on the market nationwide at http://www.batdongsan.xaydung.gov.vn quarterly and annually.

According to Batdongsan.com.vn, the number of real estate listings nationwide increased 14 per cent in May but the level of interest was down 11 per cent compared to the same period last year. Both interest in and sales of landed housing have showed signs of slowing, while the rental segment has seen figures rise.