According to the central city’s master plan, the development will consist of four social housing apartment blocks, including two 15-story and two 19-story buildings, providing a total of 1,326 units.
Spanning nearly 19,000 sq.m, the Vinh An Hoa Social Housing Area will feature five 12-story social housing apartment blocks alongside adjacent commercial townhouses.
The establishment of the National Housing Fund with a focus on developing a social housing fund for rent not only opens up housing opportunities for people, but is also a strategic step to stabilize the real estate market in the long term...
Specifically, enterprises must meet financial safety requirements, including outstanding debt and equity ratios in accordance with current regulations.
The city has issued regulations to shorten the time for granting construction permits to investors, facilitating businesses to participate in the development of social housing.
The country currently has 3,297 social and commercial housing projects and land plots in the pipeline, with the potential to supply around 5.9 million housing units.