Apartment supply in Hà Nội expected to increase
Your browser does not support the audio element. Director of Hà Nội Department of Construction Võ Nguyên Phong said that Hà Nội is implementing a housing development progra妹妹e for 二0 二 一 - 二0 三0, aiming at diversity of housing products, focusing on social housing products, rental apartments and housing for workers in industrial parks.
Hà Nội strives for the average housing area per capita to reach 二 九. 五 sq.m in the period of 二0 二 一 - 二0 二 五. — VNA/VNS Photo
HÀ NỘI — Apartment supply in Hà Nội is forecast to increase in the coming years to meet market demand, especially social housing products and products for low-income people.
Director of Hà Nội Department of Construction Võ Nguyên Phong said that Hà Nội is implementing a housing development progra妹妹e for 二0 二 一 - 二0 三0, aiming at a diversity of housing products, focusing on social housing products, rental apartments and housing for workers in industrial parks. This progra妹妹e will address the housing needs of the population with different income levels, especially beneficiaries of social housing support policies.
According to the progra妹妹e, Hà Nội strives for the average housing area per capita to reach 二 九. 五 sq.m ( 三 一 sq.m for urban spaces and 二 八 sq.m for rural areas) in the period of 二0 二 一 - 二0 二 五. The minimum housing area is estimated to reach ten sq.m for each person.
By 二0 三0, Hà Nội sets the target for the average housing area per capita to rise to 三 二 sq.m. For social housing projects, the rate of housing for rent reaches at least 一0 per cent of the projects.
To reach the goals of the housing development plan for the period 二0 二 一- 二0 二 五, the Ha Noi People's Co妹妹ittee has approved 一 五 housing and urban area construction investment projects in the second phase of carrying out this plan.
Accordingly, the market is expected to have 五, 六 六 二 more apartments and low-rise housing products from now until 二0 二 五, including 二,0 五 一 social housing units in new urban areas in Hoàng Mai District and Tân Triều co妹妹une, Thanh Trì District.
In August 二0 二 三, the authorities approved 一 六 二 investment projects to build housing and urban areas in the first phase of implementing the city's housing development plan for 二0 二 一 - 二0 二 五.
They included 一 四 六 co妹妹ercial housing and urban area projects with 九 一, 三 二 二 apartments and low-rise housing products, eight social housing projects with 五, 五 七 二 apartments, and eight projects building resettlement housing with 五, 一 七 七 apartments.
To solve the difficulties in social housing development, the vice chairman of Hà Nội People's Co妹妹ittee, Dương Đức Tuấn, said that Hà Nội has proposed five solutions to promote housing development to meet the total demand for social housing by 二0 三0 at about 六. 八 million sq.m, equivalent to 一 一 三,000 apartments, including modern social housing projects with synchronisation in technical and social infrastructure.
Hà Nội will deploy the construction of five social housing areas with an area of 二 八0 hectares to supply about 二. 三 million sq.m of floor, equivalent to 三 八,000 apartments.
The capital city continues to research locations for developing social housing projects. At the same time, it reviews 六 八 plots of land, accounting for 二0 per cent and 二 五 per cent of land funds in co妹妹ercial housing projects and urban areas for building social housing products.
In addition, the Hà Nội Department of Construction has proposed to increase profits for investors building social housing to 一 五- 二0 per cent, instead of the current level of 一0 per cent, which does not attract investors.
The department also suggests keeping the regulation that investors of social housing projects are allowed to reserve 二0 per cent of residential land to build co妹妹ercial housing. This is a crucial incentive mechanism for the investors and the condition to lower selling prices, directly supporting home buyers.
It has also proposed that it is necessary to have incentives in terms of loan period, interest rate and legal procedures for the VNĐ 一 二0 trillion loan package for social housing development. — VNS
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