Implementing social housing projects

Minh Phuong social housing area has been put into use since the beginning of 2025.

Thuy Van Industrial Park Housing and Service Area Project, started construction in 2018, invested by Ha Thanh Production and Trading Investment Joint Stock Company. The residential area has a scale of five buildings, including three 5-storey buildings, two 11-storey buildings with 520 apartments, an area of over ^34,000m2 , meeting the housing needs of about 2,000 people. Currently, 70% of the apartments have been handed over to customers with an average price of about 9 million VND/ ^m2 . This is a spacious and modern residential area with full amenities such as: parking lot, kindergarten, pharmacy, mini supermarket, waste collection area, full electricity and water system...

Thanh Mieu apartment complex, put into use since 2014, is managed by Phu Tho Housing Development and Construction Investment Joint Stock Company. Because it was built 10 years ago, the area is not modern, but because it is located in the central ward area, has full utilities and low prices, it has attracted customers. Mr. Tran Viet Duc - General Director of Phu Tho Housing Development and Construction Investment Joint Stock Company said: The average area of an apartment is from ^40-70m2 , the lowest price is 4.5 million VND/ ^m2 , the highest price is 7.5 million VND/ ^m2 .

In addition to the above two projects, the social housing project for workers in Phu Ha Industrial Park with an area of 4.3 hectares with 746 apartments, a total area of ^50,751m2 has also completed phase 1, putting into use 223 apartments, with a total floor area of about ^9,527.00m2 ; two other social housing projects have just been approved by the Provincial People's Committee for investment policy and project investor approval, which are the social housing area in Thanh Cong area, Thanh Mieu ward (including 252 apartments, total floor area of ^32,397.20m2 ) and the low-rise social housing area at lot NO2 of Minh Phuong Housing and Commercial Services Area, including 147 apartments, total floor area of ^23,232.30m2 . The timely putting into use of these social housing projects has made a very important contribution to partly meeting the need for low-cost housing for the people.

According to representatives of investors: The implementation of housing policies still has some shortcomings and limitations, including the lack of medium and long-term capital policies for social housing development due to the province's limited resources; many real estate businesses are still not interested in social housing due to ineffective promotion and calling for investors and incentive mechanisms and policies, leading to great difficulties in attracting and selecting investors; the structure of social housing products is still unbalanced, the ratio of rental apartments to the total housing fund is still low.

In addition, the preferential loan policy for investment in social housing construction has been specifically stipulated in Article 15 of Decree No. 100/2015/ND-CP, but in reality, investors cannot access this source of capital and must borrow commercially... The preferential mechanism for social housing development is still unreasonable, not harmonizing the interests and responsibilities between the state, enterprises and people...

Comrade Dinh Quang Vien - Deputy Head of the Department of Housing and Real Estate Market Management, Department of Construction said: In order to continue to effectively implement the Project "Investing in the construction of at least one million social housing apartments for low-income people and industrial park workers in the period of 2021-2030", it is necessary to continue to propagate and mobilize in the implementation of compensation, support, resettlement, and site clearance to raise awareness and create consensus among the masses; in cases where households have had their compensation plans approved but deliberately resist and do not receive compensation, a file will be prepared to enforce land recovery according to current law provisions. Along with that, the industry will advise the province to promote the review, submission, approval (approval of adjustments) of general planning, zoning planning, and detailed construction planning; Establish, organize appraisal and submit to competent authorities for approval of investment policies as a basis for implementing commercial housing and social housing projects in the area to ensure compliance with regulations. Investors in social housing construction investment projects must also meet the conditions of having real estate business functions according to the provisions of the law on real estate business; financial capacity to implement the project according to the provisions of the law on land and related laws.

Huong Giang

Source: https://baophutho.vn/trien-khai-cac-du-an-nha-o-xa-hoi-235792.htm