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Those who can buy 300-950 million VND apartments are about to start construction in Hanoi

Information about implementation time, this enterprise said that the first project is expected to start construction in August this year. The first buildings will be put into use from June 2023. This opens up the opportunity to realize the dream of having a home for many workers in the context of the real estate market’s very short supply of housing, especially affordable commercial housing (affordable housing). ) and social housing.

However, to buy social housing, buyers must meet certain conditions. Recently, the Hanoi Department of Construction has just sent a document to the Department of Natural Resources and Environment, People’s Committees of districts, towns; the project investors have social housing, guide the sale, lease, hire purchase of social housing invested and built with capital from outside the budget.

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In the coming time, two support packages will be deployed to promote the development of demand and supply of social housing, housing for industrial park workers and renovating and rebuilding old apartments.

Specifically, tenants, hire-purchasers and purchasers of social housing include: People with meritorious services to the revolution, low-income people, poor and near-poor households in urban areas; employees working in enterprises inside and outside the industrial park; officers, professional non-commissioned officers, professional technical non-commissioned officers, professional soldiers; workers in agencies and units of the People’s Police and the People’s Army; officials and civil servants; households and individuals subject to land recovery and having to clear or demolish their houses but have not yet been compensated by the State with houses or residential land.

Conditions for the above subjects to enjoy the support policy on Social housing include: Not having a house under his/her ownership; have not yet enjoyed the policy of housing support, residential land in any form at the place where they live, study or have a house, but the per capita household area is lower than the minimum level prescribed by the Government; must have permanent residence registration in the province or city where the social housing is located. If you do not have a permanent residence registration, you must have a temporary residence registration for 1 year or more.

The subjects are low-income people, officers, non-commissioned officers, soldiers and workers in agencies and units of the People’s Public Security and the People’s Army; cadres, civil servants and public employees must not have to pay income tax.

In principle, for sale, lease, or hire-purchase of social housing, each household and individual is only entitled to receive social housing support once. Tenants of social housing may not sublease or transfer in any form during the rental period according to the signed contract.

Buyers, rent-purchasers of social housing are not allowed to mortgage or transfer housing for a minimum period of 5 years and are only allowed to resell, mortgage or lease after being granted a certificate of land use rights and rights. own houses and other land-attached assets in accordance with the land law.

Within less than 5 years, if the buyer or hire-purchaser wishes to resell the social housing, they may only resell it to the investor or to the object entitled to purchase or lease-purchase social housing according to regulations with the maximum selling price equal to the selling price. social housing of the same type at the same location and time of sale.

On the principle of reviewing and approving the subjects eligible to buy, rent, or lease-purchase social housing, in case the total number of (valid) registration documents is equal to or less than the total number of apartments announced by the investor, the apartment selection will be made. in the form of an agreement between the investor and the customer.

In case the total number of applications for registration is more than the total number of apartments announced by the investor, the consideration and selection of subjects shall comply with the regulations. lottery form (organized by the investor, supervised by a representative of the Department of Construction).

In case people with meritorious services to the revolution, people with disabilities are given priority to buy, rent, or rent-purchase social housing without having to draw lots with a certain percentage…

Up to now, the whole country has completed 275 social houses, with about 147,000 apartments. The whole market is continuing to deploy 339 other projects, with about 371,500 new apartments, coming to the market.

Recently, at the meeting of Prime Minister Pham Minh Chinh and the delegation visited the Becamex social housing area in Dinh Hoa ward, City. Recently, in Thu Dau Mot, Binh Duong province, the Prime Minister affirmed that the Government is implementing a program of socio-economic recovery and development in the period of 2022 – 2023, including policies directly related to the promote the development of social housing, housing for workers.

The Party and State continue to perfect institutions, mechanisms and policies on housing development in general and social housing in particular, and at the same time plan and reserve commensurate land funds and diversify financial resources for housing development. develop social housing in big cities, industrial parks, socio-economic development centers…

Regarding the construction industry, Ministry of Construction said that there are two support packages to promote the development of demand and supply of social housing, housing for industrial park workers and renovating and rebuilding old apartments.

Specifically: Preferential loans through the Bank for Social Policies to individuals and households to buy, rent and buy social housing, housing for workers; build new or renovate and repair houses according to the policy on social housing with a maximum loan capital of 15,000 billion VND.

The second is a support loan with interest rate of 2%/year for two years 2022-2023 through the commercial banking system to build social housing, houses for workers to buy, rent and lease-purchase, and renovate old apartments.

Conveniently style

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15-25 million VND/m2: Poor people buy social housingThe average selling price of social housing is at 15 million VND/m2, in some areas up to 21-25 million VND/m2 or higher, making many poor people inaccessible.
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