HCM City seeks 1.66b USD to build affordable housing for workers Society

HCM City seeks 1.66b USD to build affordable housing for workers

Ho Chi Minh City authorities are seeking 37.6 trillion VND (1.66 billion USD) to build affordable housing for workers over the next five years, of which State revenue will account for no more than 5 percent of the total investment, according to the Department of Construction.
Affordable housing supply fails to meet goal: Official Business

Affordable housing supply fails to meet goal: Official

The supply of affordable housing for low-income earners in urban areas and industrial park workers has only met around 42 percent of the target, Bui Xuan Dung, Director of the Ministry of Construction’s Housing and Real Estate Market Management Agency, told a recent workshop.
HCM City in need of more affordable housing Society

HCM City in need of more affordable housing

Ho Chi Minh City is expected to need an additional 160,000 social housing apartments in the next decade to meet its rising population and demand for affordable housing, according to the city’s Department of Construction.
Hundreds of millions of USD await to enter Vietnam’s realty market Business

Hundreds of millions of USD await to enter Vietnam’s realty market

The Vietnamese real estate market at all segments continues showing its appeal to foreign investors, and hundreds of millions of USD are waiting to be poured into the market, according to a research conducted by property and investment management services firm Jones Lang LaSalle (JLL).
Green buildings benefit both investors and home buyers Business

Green buildings benefit both investors and home buyers

Green buildings provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income families, according to general secretary of Vietnam Real Estate Association (VNREA) Nguyen Viet Chien.
Deputy PM orders breakthroughs in social housing development Society

Deputy PM orders breakthroughs in social housing development

Deputy Prime Minister Trinh Dinh Dung has ordered the construction sector to make significant breakthroughs in the development of the affordable housing segment as its supply is increasingly scarce, while the demand for such housing is on the rise.