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affordable housing

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Prime minister calls for more affordable housing

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.”
Pumping up affordable property supply could warm up market: analysts

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

​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

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

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

​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

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

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

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

$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 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
Migrants tell of life inside shoebox apartments

Migrants tell of life inside shoebox apartments

Low-income workers squeezed between high rents and subpar housing are forced to make do with their tiny flats in HCMC.
October 23, 2021 | 08:55 pm PT
Minister vows to prioritize affordable housing

Minister vows to prioritize affordable housing

The new Minister of Construction Nguyen Thanh Nghi has promised to prioritize affordable housing to meet the rising demand for it.
April 28, 2021 | 06:25 pm PT
Affordable housing on the verge of extinction

Affordable housing on the verge of extinction

Affordable housing at prices of up to VND2 billion ($86,900) has gradually disappeared from the Vietnamese market.
April 13, 2021 | 05:00 pm PT
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