24h Real Estate: Bac Ninh considers banning the sale of social housing on the floor

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Bac Ninh considers banning the sale of social housing on the floor; Da Nang Apartments are unlikely to cool down... are notable real estate news in the past 24 hours.

Bac Ninh considers banning the sale of social housing on the platform

Chairman of the People's Committee of Bac Ninh province Vuong Quoc Tuan has just issued a directive to request the handling and settlement of information reflecting the "promises, house keeping, deposit collection, difference collection..." of the Social Housing Project No. 02 in areas No. 5 and No. 9 in the Southern Urban Area, Bac Giang city (old).

This project also has the commercial name Ecohome Song Thuong.

Diem tu van, moi gioi nam ngay cong mot du an nha o xa hoi tai Bac Ninh, anh chup nam 2022. Anh: Tran Tuan
The consulting and brokerage point is located right at the gate of a social housing project in Bac Ninh, photo taken in 2022. Photo: Tran Tuan

Mr. Vuong Quoc Tuan requested the Department of Construction to continue to closely monitor the project implementation process of the investor; promptly report and advise the Provincial People's Committee when inadequacies and problems arise.

At the same time, study to have more channels to receive documents and information about buyers who are state agencies, socio-political organizations; consider banning the sale of social housing through real estate platforms.

The Provincial Police presided over and coordinated with the Department of Construction, the People's Committees of Bac Giang Ward, Tan Tien Ward and related units to inspect and handle organizations and individuals who act as sales brokers, "promisers, house sharers, deposit collectors, difference collectors..." in the project.

Proactively check, handle, punish, remove or recommend removing websites and fanpages impersonating information posted or advertised for sale that are not the official information channels of investors according to regulations.

The People's Committees of Bac Giang and Tan Tien wards continue to strengthen propaganda and publicize information about planning, information about the project, subjects and conditions for buying and renting apartments in the project; recommend that people do not conduct real estate transactions in the project when they do not meet the prescribed conditions. See more...

Da Nang apartments are unlikely to cool down, the supply of luxury apartments dominates the market

According to a survey by Lao Dong reporters, many new apartment projects being opened for sale in Da Nang City have very high prices, most of which are in the mid-high-end segment.

Accordingly, a new apartment project in Cam Le ward was advertised by a brokerage unit at about 3 billion VND for a 45m2 apartment, equivalent to more than 66 million VND/m2.

Phan khuc chung cu o Da Nang. Anh: Thu Giang
Apartment segment in Da Nang. Photo: Thu Giang

Real estate brokers said that this is a project located in the Hoa Xuan bridge area, on the Cam Le river front, with a scale of 2 towers of 22 floors and 2 basements. Also here, a 58m2 apartment is also being offered for 3.2 billion VND, equivalent to more than 55 million VND/m2.

In Son Tra ward, some new apartment projects are also being offered at 55 80 million VND/m2, causing many investors to be particularly interested.

A new apartment on Tran Hung Dao Street is being advertised for about 4.1 billion VND, with an area of about 62m2, equivalent to more than 65 million VND/m2. A 70m2 apartment is being offered for VND4.8 billion, equivalent to more than VND68 million/m2...

Not only that, many urban area and luxury apartment projects have been continuously implemented in Da Nang in recent times. See more...

Khanh Hoa deploys 4 social housing projects with more than 7,500 apartments

On October 4, the Khanh Hoa Department of Construction said that the province is implementing 4 social housing projects with a total of 7,518 apartments, contributing to meeting the housing needs of the people and completing the assigned targets in 2025.

Of these, there are 2 projects under construction with 3,809 units, including: Cam Nghia ward social housing project 3,485 units), expected to complete 1,857 units by the end of 2025 and the rest in 2026.

The MK Central City project in Phu Ha New Urban Area (324 apartments) has currently undergone rough construction, expected to be completed in 2025.

Hien tai cac chu dau tu o Khanh Hoa dang trien khai 4 du an nha o xa hoi voi tong cong 7.518 can ho. Anh: Huu Long
Currently, investors in Khanh Hoa are implementing 4 social housing projects with a total of 7,518 apartments. Photo: Huu Long

In addition, there are 2 new projects starting construction with 3,709 units, including: Social housing project in Thanh Hai Resettlement Area (1,518 units) starting construction in August 2025; project in Binh Son - Ninh Chu New Urban Area (K2) with 2,291 units, starting construction in September.

According to the Khanh Hoa Department of Construction, in 2025, the province was assigned by the Prime Minister to have a target of 2,846 social housing units.

It is expected that the number of apartments completed and started in the year will basically reach 100% of the target; the number of apartments completed in the year alone will reach 2,181 apartments, equivalent to 76.63% of the assigned target. See more...

Subjects exempted from or reduced from land use fees when converting land for planting to residential land

Exemption and reduction of one-time land use fees when converting agricultural land to residential land applies to meritorious people, poor households and people working in disadvantaged areas...
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