Hanoi to add 4.1 million sq.m to housing space by 2023
To meet the needs of people in different income brackets, the city will focus on building satellite cities and areas expected to become urban districts between 2021 and 2030.
Hanoi Social Housing
Hanoi expects to have 5.84 million square meters of floor area in 2022
In 2022, the average per capita floor area in Hanoi is estimated at 27.6 square meters, assuming the city completes ongoing housing projects.
Hanoi to mobilize US$520 million for social housing development in 2021-2025
In the 2021-2025 period, Hanoi expects to speed up the construction of 22 social housing projects and complete the preparation for others with a combined floor area of 1.21 million square meters.
Hanoi speeds up land allocation for housing development
Property developers are urged to strictly comply with current regulations on reserving 25% of their project area for social housing.
Hanoi facilitates credit access for social housing projects
The Hanoi Development Investment Fund has signed four MoUs to provide loans worth VND1.4 trillion (US$60 million) to property developers.
Over 412,000 square meters of floor area in Hanoi completed in Q1
Hanoi would continue to speed up the construction of new housing projects to meet the growing demand of the locals.
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