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affordable housing
Major property developers set their sights on social housing
Tens of thousands of social housing units are planned to be built with major upmarket developers all set to enter the affordable segment.
Housing market barely budges, defying downturn expectations
HCMC increasingly short of affordable apartments amid growing demand
Affordable housing the panacea to housing market woes: experts
If more social and affordable commercial housing is built, the frozen real estate market could thaw, according to experts.
May 30, 2023 | 04:35 pm PT
Prime minister calls for more affordable housing
Prime Minister Pham Minh Chinh issued statements Monday urging property developers to combat the housing shortage by building more affordable homes that “meet the needs of more people.”
March 28, 2023 | 06:38 am PT
Pumping up affordable property supply could warm up market: analysts
Stimulating investment in affordable housing where demand has been high for years is an ideal solution to unfreeze the property market, analysts say.
February 20, 2023 | 02:20 am PT
Uncompleted Hanoi villas converted into affordable housing for students, workers
After school, Ni Ngoc Chien returns to his rented room in a four-story house in Hoai Duc District for which he and three others pay VND2.7 million ($112.69) a month.
October 13, 2022 | 08:33 pm PT
Hanoi cubicle-style rooms remain popular due to low cost
Tran Dinh Phuc bent down to enter his tiny room, which has just enough space for a folding table and a person to lie down.
September 14, 2022 | 05:14 am PT
Buying home in HCMC remains a pipe dream for millions of workers
For the last 24 years, Nguyen Thi Hue has been living in rented houses with leaky roofs and damp floors and a dream of eventually owning a home.
September 8, 2022 | 05:24 pm PT
Developers call for policy changes to ease social housing problems
Leading property developers have called on the government to fast-track approvals and ease restrictions that are stymieing the industry’s growth.
August 2, 2022 | 03:00 am PT
HCMC 'affordable' apartment prices soar 3-fold in 6 years
The price of grade C apartments in Ho Chi Minh City have skyrocketed to VND50 million (US$2,200) a square meter from VND18 million in 2016.
March 24, 2022 | 07:09 pm PT
Building 35,000 social housing units in HCMC an ambitious goal
Constructing 35,000 new social housing units over five years in Ho Chi Minh City will be challenging unless current legal roadblocks are lifted, industry insiders say.
March 12, 2022 | 05:12 pm PT
Hanoi workers living in subpar conditions
Right in the capital, thousands of workers from northern Vietnam survive in tiny apartments as living costs eat up their savings.
February 20, 2022 | 02:00 am PT
$44,000 apartments poise for further gain in 2022
Multiple real estate developers aim to build apartments worth VND1 billion (over $44,150) per unit this year, raising hopes of cooling the thirst for affordable housing.
February 6, 2022 | 01:54 am PT
HCMC to build 18,000 apartments for workers by 2025
HCMC plans to build 18,000 affordable apartments for workers by 2025 amid rising demand and prices.
November 8, 2021 | 09:36 pm PT
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