Social housing buyers and investors enjoy preferential interest rates from July 2025
Incentives for people under 35 years old to borrow to buy social housing
The State Bank of Vietnam issued Document No. 5312/NHNN-CSTT announcing the lending interest rates of commercial banks for outstanding loans for young people under 35 years old to buy social housing, applicable from July 1, 2025 to December 31, 2025.
Specifically, the interest rate is determined in the first 5 years from the time of the first disbursement, the lending interest rate is 2%/year lower than the average medium and long-term lending interest rate in VND of 4 state-owned commercial banks including: Agribank , BIDV, Vietcombank and VietinBank. The interest rate applied from July 1, 2025 to December 31, 2025 is 5.9%/year.
In the next 10 years of borrowing, the interest rate is determined to be 1%/year lower than the average medium and long-term lending rate of the 4 banks mentioned above.
This policy continues to facilitate young people's access to social housing at reasonable costs, supporting the realization of housing needs for young workers in large cities.
Incentives for investors and home buyers in social housing projects and worker housing projects
The State Bank of Vietnam also issued Document No. 5313/NHNN-CSTT on commercial banks' lending interest rates for outstanding loans under Resolution 33/NQ-CP, including projects: Social housing; Workers' housing; Renovation and reconstruction of old apartment buildings.
The period of application of this preferential interest rate is also from July 1, 2025 to December 31, 2025.
Details of applicable interest rates: For customers who are home buyers in the above projects, the loan interest rate is 5.9%/year. For customers who are project investors, the loan interest rate is 6.4%/year.
These interest rates are applied to the outstanding balance of loans for the target groups and projects mentioned in Resolution 33/NQ-CP, aiming to support the stable and sustainable development of the real estate market, while removing difficulties for businesses and people in accessing housing.
The State Bank's simultaneous announcement of two preferential interest rates, one for young people under 35 years old buying social housing, and one for both buyers and investors of social housing projects, is a concrete step in implementing the Government 's policies on housing development, especially in the context of the real estate market needing more support signals to recover.
Mr. Minh
Source: https://baochinhphu.vn/cong-bo-lai-suat-uu-dai-cho-nguoi-tre-vay-mua-nha-o-xa-hoi-102250702115547715.htm
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