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Dec 21, 2020 / 09:12

Hanoi fulfills housing targets for 2020

In the year, the commercial housing area hit 6.57 million square meters.

Authorities from Hanoi’s Department of Construction have said that the city has fulfilled housing targets set for 2020.

 Hanoi's top leaders gathered at the meeting on December 22 to review construction targets for 2020. Photo: Thanh Hai/Kinhtedothi

In the year, the city has finished five social housing projects with total 550,281 square meter (sq.m) or 5,348 apartments; 89 commercial housing projects with 6.57 million sq.m or 53,644 units; five resettlement projects providing 154,270 sq.m or 1,723 apartments.

 Secretary of the Hanoi Party Committee Vuong Dinh Hue. Photo: Thanh Hai/Kinhtedothi

In addition, the department has proposed the plan for seven low-cost projects, Director of the municipal Department of Construction Vo Nguyen Phong said at a meeting on December 22 in attendance of the Hanoi Party Committee’s Secretary Vuong Dinh Hue and Chairman of the Hanoi People’s Committee Chu Ngoc Anh.

 Director of the Hanoi's Department of Construction Vo Nguyen Phong. Photo: Thanh Hai/Kinhtedothi

The department has verified 36 housing projects to be formed in the future that will provide 19,451 apartments with total areas of 1.6 million sq.m.

In the same year, the department has also consulted the local government in policies for repairing downgraded apartment blocks, managing state houses, and developing real estate market.