1,300 workers' homes left unsold in northern province

By Anh Tu   August 29, 2023 | 12:44 am PT
1,300 workers' homes left unsold in northern province
An overview of Bac Ninh province. Photo by VnExpress/Ba Do
Over 1,300 apartment units built for workers have not been bought in the northern province of Bac Ninh, demonstrating low demand even though the northern province has over 314,000 workers.

The province has so far completed seven worker home projects and have opened sales on 1,681 apartment units, but only 357 of them have been bought.

Bac Ninh authorities said that the low sales came about due to low incomes, and because workers often change their company and therefore want to be flexible in accommodation.

Bac Ninh has the highest number of industrial parks in northern Vietnam at 15, but 70% of 314,000 workers there are from other localities.

The government has tasked the province with building at least 30,700 social housing and workers’ home units by 2025. This is the third-highest target for a locality in Vietnam, behind Binh Duong and Bac Giang.

Bac Ninh authorities have been seeking the government’s help in untangling challenges in selling social housing units.

It wants the Ministry of Construction to provide special policies in infrastructure investment to reduce apartment prices.

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