Hanoi expects to meet housing targets for 2020 required in the context of high urbanization rate.
Hanoi topped localities nationwide for developing more than 315,000 square meters (sq.m) or 3,150 affordable houses in 2018, accounting for 70% of the country’s newly-launched units in the year.
The result was part of the city’s housing plans outlined for the 2016-2020 period which targets to provide accommodation for people in urban areas amid the high urbanization rate, the municipal government said on its website, adding that the social housing would be 3.6 million sq.m by 2020.
As of end-2018, the city abolished temporary dwelling places and raised the ratio of modern housing to 93.76%, including 95.68% in urban zones and 91.62% in suburban areas.
With such results, Hanoi already finished its goals for developing modern houses by 2020 approved by the city’s leaders and the prime minister.
Moreover, residential areas are supported with infrastructure namely transport routes, parking lots, power grids, and drainage systems.
Hanoi’s housing targets for 2016-2020 include 6.2 million sq.m of social housing (including 977,000 sq.m for students and 567,000 sq.m for workers); 1.2 million sq.m for resettlement; 20.4 million sq.m for commercial sales.
The city targets to raise average housing area per head to 26.3 sq.m, including 29.1 sq.m in urban zones and 22.1 sq.m in suburban.
Housing developed in 2016-2018
The ratio of apartments in Hanoi accounts for 96.55% out of 77,500 units opened to the market between 2016 and 2018.
Commercial houses reached eight million sq.m during 2016-2018, the figure is likely to hit 14 sq.m by 2020.
Houses for resettlement climbed to 305,000 sq.m developed for the 2016-2018 period and to 980,000 sq.m by 2020.
As of June 2019, the average accommodation area in Hanoi hit 26 sq.m/head.
A resident project
|
As of end-2018, the city abolished temporary dwelling places and raised the ratio of modern housing to 93.76%, including 95.68% in urban zones and 91.62% in suburban areas.
With such results, Hanoi already finished its goals for developing modern houses by 2020 approved by the city’s leaders and the prime minister.
Moreover, residential areas are supported with infrastructure namely transport routes, parking lots, power grids, and drainage systems.
Hanoi’s housing targets for 2016-2020 include 6.2 million sq.m of social housing (including 977,000 sq.m for students and 567,000 sq.m for workers); 1.2 million sq.m for resettlement; 20.4 million sq.m for commercial sales.
The city targets to raise average housing area per head to 26.3 sq.m, including 29.1 sq.m in urban zones and 22.1 sq.m in suburban.
Housing developed in 2016-2018
The ratio of apartments in Hanoi accounts for 96.55% out of 77,500 units opened to the market between 2016 and 2018.
Commercial houses reached eight million sq.m during 2016-2018, the figure is likely to hit 14 sq.m by 2020.
Houses for resettlement climbed to 305,000 sq.m developed for the 2016-2018 period and to 980,000 sq.m by 2020.
As of June 2019, the average accommodation area in Hanoi hit 26 sq.m/head.
Other News
- North-South high-speed railway to open up new economic opportunities
- Prime Minister calls on China to pilot border economic cooperation zone
- Better links with FDI firms to support Hanoi businesses
- Vietnam calls for more US investment in innovation, hi-tech
- Vietnamese leader urges Boeing to build production facility in Vietnam
- Foreign capital pouring into Vietnam's real estate market
Trending
-
North-South high-speed railway to open up new economic opportunities
-
Hanoi sees citizen satisfaction as measure of administrative reform success
-
Hanoi's businesses place focus on digital transformation
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Hanoi Festival of Creative Design 2024: celebrating the capital's cultural innovation
-
Expatriate workforce in Hanoi: Growth engine requring thorough administration
-
Ethnic minorities want more policies for socio-economic improvement
-
From tradition to trend: How modern approaches spark cultural pride in Vietnam's Gen Z
-
Hanoi works to make bus system greener