Bac Ninh announces 2 projects where foreigners are allowed to own houses

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Bac Ninh - The Provincial People's Committee has just announced 2 projects licensed for foreign organizations and individuals to own houses.

Bac Ninh Provincial People's Committee has just issued a document announcing the list of housing construction investment projects allowing foreign organizations and individuals to own houses in the province.

Accordingly, 2 construction investment projects where foreign organizations and individuals are allowed to own houses include:

Song Khe - Noi Hoang mixed-use housing and commercial service investment project, invested by Abey Holdings Joint Stock Company. Foreigners are allowed to own the HH-OCT mixed-use housing project.

Mixed-use apartment project on CT land plot under the detailed planning of the Mixed-use Urban Area, high-class entertainment in the Southern Urban Area, Bac Giang city (now Tan Tien ward, Bac Ninh province), invested by Soho Capital Joint Stock Company. The scope of housing ownership for foreigners includes buildings R1 and R2.

Bac Ninh Provincial People's Committee assigned the Department of Construction to preside over and coordinate with departments, branches, localities and housing project investors to focus on reviewing and accurately determining the number of houses in each project and each apartment building that foreign organizations and individuals are allowed to own.

Review the number of houses that foreign organizations and individuals have purchased, leased for purchase, and have been granted Certificates at each project.

Bac Ninh is a major industrial center of the country, and also belongs to the group of localities leading in attracting FDI capital, with tens of thousands of experts and foreign workers (mainly from China, Korea,... ) coming to live and work, leading to housing needs for this group.

Previously, at the end of 2024, Lao Dong Newspaper had a series of articles reflecting the situation of many foreigners living in social housing projects in Bac Ninh and Bac Giang provinces (old) - places that are regulated to be for workers and low-income people.

After that, the Ministry of Construction and the People's Committees of Bac Ninh and Bac Giang provinces (old) directed departments, branches, and localities to get involved in reviewing. Through reviewing from Lao Dong Newspaper's reflection, localities have moved about 2,000 foreigners out of social housing projects.

Talking to a reporter of Lao Dong Newspaper at that time, the Bac Ninh Provincial Department of Construction said that the unit is also reviewing the housing needs of foreigners in the province to supplement and plan areas to attract investment in housing and accommodation projects for this group.

Last March, Bac Ninh Provincial People's Committee issued a document on supporting foreigners to buy and rent houses in the province.

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