At the event, residents will be able to directly raise questions about application procedures, required documents, eligibility criteria and the approval process.
Over the past three decades, Việt Nam has witnessed one of the strongest real estate price increases in Southeast Asia. Việt Nam News talks with experts about the underlying causes and possible responses to cool down the overheated market.
Across the country, overall housing supply has been rising, but the share of affordable homes remains critically low. Experts are urging goverment regulations to control real estate prices to be carefully designed to ensure feasibility and avoid further market distortions.
The proposed developers include Vingroup, Sun Group, Viglacera, HUD, HANCORP, Becamex IDC, Vinaconex, Nam Long, Đức Mạnh, TasecoLand, Cát Tường and Thủ Đô JSC, among others.
The Ministry of Construction has proposed raising the income cap for individuals eligible to purchase homes at social housing projects from VNĐ15 million to VNĐ20 million.
The project in the Thành Hải resettlement area will include 1,155 social housing units and 197 commercial housing units, with a total investment of over VNĐ1.13 trillion (US$44.4 million).