CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Real estate
Over sixty commercial projects shift to social housing
11:10, 2015/08/13
Sixty-two commercial-housing projects with 41,769 apartments in total has registered to be social-housing projects all over the country so far, according to the Ministry of Construction.
Of the 62, Hanoi has 24 projects with 15,468 apartments and combined investment of 9.3 trillion USD (465 million USD). 
Another 19 projects in the capital city are being considered for entrance into the programme. 
HCM City has 25 projects registered to be converted into social-housing projects with 15,115 flats and a total investment of 9.1 trillion VND (454 million USD). 
 
Illustrative image
Illustrative image
The city is examining 12 other projects for the purpose. 
Becoming a social-housing project helps housing projects sell their apartments quickly, given that customers who buy flats in the projects have access to low-interest rate loans from the Government’s 30-trillion-VND (1.38 billion USD) credit package.
Comments
Other news
16:35, 2024/10/22
New international brands diversify Hanoi hotel offerings
Hanoi's hotel market is also experiencing a decline in rental rates amid the seasonal lull in tourism and leisure activities.
20:57, 2024/10/21
Hanoi set to deliver new luxury apartments this quarter
Over 19,000 new apartments were delivered in the first nine months of this year, surpassing the total supply in 2023.
20:10, 2024/09/25
Hanoi's real estate market soars: Apartment transactions up 101%
The mid-range segment in Hanoi will continue to play a significant role in supply.
18:57, 2024/08/24
Hanoi to add 8,300 apartments to social housing reserves by 2029
Along with relieving housing pressure in central urban areas, the new social housing projects will also help to expand residential zones beyond the city's borders.
16:10, 2024/08/05
Hanoi real estate market: Developing in right direction
The price increase for apartments in Hanoi in the first half of 2024 compared to the beginning of 2023 is 31%.
15:54, 2024/08/03
Property prices in Hanoi, Ho Chi Minh City driven by speculators: experts
Specialists expect that new legislation will help to tighten market control and thus bring prices down.