The Government "finalizes" the method of determining the selling price and rental price of social housing

The Government issued Decree No. 192/2025/ND-CP detailing a number of articles and measures to implement Resolution No. 201/2025/QH15 dated May 29, 2025 of the National Assembly on piloting a number of specific mechanisms and policies for social housing development.

Instructions for determining selling prices and rental prices of social housing.

Decree No. 192/2025/ND-CP detailing a number of articles of Resolution No. 201/2025/QH15 on assigning investors, approving investment policies, and assigning investors without bidding for investment projects in the construction of social housing and housing for the people's armed forces not using public investment capital; procedures for investment in the construction of social housing; determining selling prices and rent-to-purchase prices of social housing...

The investor is not allowed to collect more than 95% of the contract value before the home buyer is granted the Land Use Rights Certificate.

Regarding the determination of selling prices and lease-purchase prices of social housing, the Decree stipulates that investors shall base on the method of determining selling prices and lease-purchase prices of social housing and the standard profit according to the provisions of the law on housing. Investors shall self-construct and hire consultants with sufficient capacity in construction activities on construction investment cost management to examine before investors approve selling prices and lease-purchase prices of social housing.

30 days before the announcement of receiving the application for registration to buy or lease-purchase social housing or when submitting the application for notification of housing eligible for sale or lease-purchase of future housing, the investor must send the decision on the selling price or lease-purchase price of social housing together with the construction dossier on the appraised selling price or lease-purchase price, and the appraisal results to the Department of Construction of the province where the project is located to publicly announce the selling price or lease-purchase price of social housing on the electronic information portal of the provincial People's Committee and the electronic information portal of the Department of Construction.

Within 180 days from the date of acceptance of the completion of the construction work and its putting into use, the investor shall be responsible for conducting a state audit or an independent audit, settling construction investment costs in accordance with the provisions of the law on housing, the law on construction, and other relevant laws, and sending 01 set of audit and settlement documents to the Department of Construction of the province where the project is located to check the selling price and rental price of social housing.

Within 30 days from the date of receiving the investor's dossier, the provincial Department of Construction shall, based on the audit and settlement records of construction investment costs, give written opinions on the selling price and lease-purchase price of social housing.

The written opinion of the Department of Construction and the results of determining the selling price and rental price of social housing of the investor after receiving the opinion of the Department of Construction must be made public on the Electronic Information Portal of the Provincial People's Committee and the Electronic Information Page of the Department of Construction.

In case the selling price or lease-purchase price of social housing according to the audit, settlement and inspection results of the Department of Construction is higher than the selling price or lease-purchase price signed by the investor, the investor shall not collect the difference from the buyer or lease-purchaser of social housing; in case it is lower, the investor shall refund the difference to the buyer or lease-purchaser of social housing. The investor shall not collect more than 95% of the contract value before the home buyer is granted the Certificate of land use rights and ownership of assets attached to the land and completes the refund of the difference (if any).

Control, check, prevent loopholes, corruption, negativity, and policy exploitation

The Decree clearly stipulates that investors in social housing construction investment projects are fully responsible for the accuracy of the application documents for handover to the investor, deciding on the selling price and lease-purchase price of social housing, and implementing social housing construction investment projects to ensure progress, quality, and compliance with legal regulations.

Auditing organizations and consulting organizations shall examine the selling prices and rental prices of social housing, and be legally responsible for the results of auditing and examination, ensuring compliance with legal regulations.

Investors, organizations and individuals who violate the provisions of Resolution No. 201/2025/QH15 and this Decree shall, depending on the nature and severity of the violation, be subject to disciplinary action, administrative sanctions or criminal prosecution. If damage is caused, compensation must be paid in accordance with the provisions of law.

The Government Inspectorate , relevant ministries and ministerial-level agencies, within the scope of their assigned functions and tasks, shall organize the implementation, monitor, inspect and examine the implementation of Resolution No. 201/2025/QH15 and this Decree to promptly detect and handle violations of the law, policy exploitation and resolve complaints and denunciations within the scope, authority and in accordance with the provisions of law.

The Ministry of National Defense and the Ministry of Public Security are responsible for assigning investors of housing construction projects for the people's armed forces to ensure compliance with the provisions of Resolution No. 201/2025/QH15 and this Decree; organizing inspections and taking measures to handle investors who implement projects behind the approved schedule and do not ensure the quality of construction works.

The provincial People's Committee, within its scope and authority, shall decide to assign investors, approve investment policies, and assign investors according to the provisions of Resolution No. 201/2025/QH15 and this Decree to ensure publicity, transparency, and no complaints; organize inspections, checks, and take measures to handle investors who implement projects behind the approved schedule and do not ensure the quality of construction works.

The competent authority shall assign the investor to organize the review and inspection of the implementation of the assignment of the investor, approval of the investment policy, and at the same time assign the investor of the investment project to build social housing and housing for the people's armed forces when receiving feedback and recommendations from agencies, organizations and individuals about the assignment of the investor showing signs of illegality; shall be responsible for revoking or suspending the decision to assign the investor, the decision to approve the investment policy, and at the same time assign the investor if detecting violations that do not ensure competition, fairness, transparency, or distort the results of the assignment of the investor.

Investors must have measures to control the quality of social housing projects.

The Decree stipulates that investors in social housing construction investment projects are responsible for organizing implementation and taking measures to control the quality of social housing works during the process of surveying, establishing, appraising, approving projects, designing construction works, constructing works and related works during project implementation, ensuring compliance with legal provisions on construction quality management, fire prevention, fire fighting and rescue, environmental protection, applicable technical standards and regulations and other relevant legal provisions.

In case a competent state agency discovers or receives information about a social housing project or project item that is suspected of having poor quality or showing signs of danger, not ensuring safety for exploitation, use or continued construction, the local government shall be responsible for directing and organizing the implementation of related tasks in accordance with the provisions of law on quality management, construction and maintenance of construction works.

Source: https://hanoimoi.vn/chinh-phu-chot-phuong-thuc-xac-dinh-gia-ban-gia-thue-mua-nha-o-xa-hoi-707937.html