The Ministry of Construction has just reported on the results of the first quarter of 2022, in which, it has completed the application for the development of the Housing Law (amended) and the Law on Real Estate Business (amended).
According to the Ministry of Construction, the dossier proposes to focus on researching, developing and completing the draft Decision of the Prime Minister on housing support for poor households in rural areas in the 2021-2025 period.
Along with that, a draft Circular of the Ministry of Construction on guiding housing support for poor and near-poor households in poor districts according to Decision No. 90/QD-TTg dated January 18, 2022 of the Prime Minister. Goverment; Decision of the Prime Minister on the level of support for new construction, renovation or repair of houses for people with meritorious services to the revolution, and relatives of martyrs.
The Ministry of Construction has reviewed and reported to the Prime Minister on the impact of the unusually high land use right auction winning results on the real estate market.
Proposing a number of solutions related to amending policies and laws on auction and strengthening the management, inspection and handling of violations in the auction of land use rights in localities, typically: auctioned 4 land lots in Thu Thiem, Ho Chi Minh City”, the report of the Ministry of Construction stated.
The Ministry of Construction also reported to the National Assembly Economic Committee Standing Committee to evaluate the promulgation, implementation as well as propose and propose improvement of the law on auction of land use rights.
Regarding the implementation of the tasks assigned by the Government in Resolution No. 11/NQ-CP dated January 30, 2022 on the program of socio-economic recovery and development and implementation of Resolution No. 43/2022/QH15 of The National Assembly on fiscal and monetary policies to support the Program, the Ministry of Construction issued Decision No. 66/QD-BXD approving the Action Program of the Ministry of Construction.
In addition, the Ministry of Construction has established an interdisciplinary working group to implement Resolution No. 11/NQ-CP with the composition of the Ministry of Construction and representatives of the State Bank of Vietnam, the Ministry of Planning and Investment, and the Ministry of Planning and Investment. Finance, Bank for Social Policies.
The working group has worked directly with 7 localities to promote the effective implementation of policies to support social housing, worker housing, renovate and rebuild old apartment buildings. Documents have been sent to key localities on social housing, worker housing, renovation and reconstruction of old apartment buildings, requesting urgent reports on implementation status and demand for loans. shortcomings, limitations and recommendations for the Working Group to grasp and promptly remove difficulties and obstacles.
The Ministry of Construction said that through the review of a number of localities from the time after Resolution No. 43/2022/QH15 was issued. According to preliminary reports in localities, the total number of social housing and housing for industrial park workers has started is 7 projects with a total of about 23,965 units.
In which, there are 5 social housing projects including 20,765 units (Binh Duong 4 projects include 20,000 units, Kien Giang 1 project includes 765 units); 2 workers housing projects including 3,200 units (Quang Ninh 1 project includes 1000 apartments, meeting 5500 accommodation; Bac Ninh 01 project includes 2200 apartments, meeting 11,000 accommodation). In the third and fourth quarters of 2022, Hanoi is expected to start construction of two social housing projects with 1,860 apartments.
In addition, the Ministry of Construction has completed the report on information disclosure on housing and real estate market in the fourth quarter of 2021 and 2021 to the Prime Minister. In which, detailed assessment of the real estate market situation in 2021; directing and perfecting the law in the field of real estate; propose a number of recommendations to ensure the market’s stable and healthy development in the coming time.
The Ministry of Construction has conducted surveys, collected data, and determined the volatility of transaction prices of some types of real estate in March 2022 and the first quarter of 2022 for eight localities, namely Hanoi City. , Ho Chi Minh City, Da Nang, Hai Phong, Binh Duong, Dong Nai, Khanh Hoa and Ba Ria – Vung Tau.
Accordingly, in March 2022, the average transaction price of real estate for sale in the whole market was in an uptrend. In which, some types of real estate in some localities increased in price quite high compared to the previous month. Prices of rental properties in Hanoi and Ho Chi Minh City increased slightly compared to February 2022. Particularly, the price of apartments for rent in Da Nang has a relatively good price increase compared to the previous month.
The real estate price index compared to February 2022 is as follows: In Hanoi, apartments increased by 1.53%; individual housing increased by 2.24%; land for housing construction increased by 2.85%. in Ho Chi Minh City, apartments increased by 2.48%; individual housing by 2%; land for housing construction increased by 3.6%.
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