Old apartments also participate in the price increase race
The selling price level of old apartment projects is increasing quite rapidly, making the dream of settling down for workers increasingly distant.
Real estate prices have increased over time, but from the beginning of 2025 until now, many apartment projects put into use in Ho Chi Minh City have tended to increase sharply, especially those that have been cleared of procedures for granting pink books.
Posing as a home buyer, we were taken by brokers to see a few projects in the eastern area of Ho Chi Minh City. What surprised us was the fairly rapid price increase of the projects that have been put into use. For example, at The Sun Avenue project (Binh Trung ward, Ho Chi Minh City).
Brokers said that last year, the land of apartments here was around 4-4.5 billion VND for a 2-bedroom apartment of nearly 70 square meters. But now, the selling price offered by the homeowner has increased from 6-6.7 billion VND, an increase of more than 50% after just 1 year. The main reason is known to stem from information that the project is about to complete the issuance of pink books. See more...
Promoting investment in social housing in Quang Ngai
Promote the development of social housing, aiming to complete 8,500 units by 2030, creating a sustainable housing fund for low-income people and workers.
On August 31, the leader of the Department of Construction said that implementing the social housing development project, in 2024 and 2025, Quang Ngai province will issue many documents guiding and directing investment in social housing development; issue a mechanism to support the implementation of social housing construction investment projects in the province; issue regulations on locations and locations outside the urban area that must develop housing according to projects and criteria for commercial housing construction investment projects in investment, construction and development of social housing in Quang Ngai province...
The Department of Construction has also announced information on the list of locations for social housing development projects that need to attract investment in 2023 and the following years on the Provincial Electronic Information Portal, with 20 locations for businesses to pay attention to, participate in research, and propose investment in social housing projects. Implement the investment project to build 1 million social housing units and workers' housing units in the period of 2021-2030. See more...
3 resettlement buildings in Hanoi that have been abandoned for many years have been revived
After nearly 7 years of abandonment, 3 resettlement buildings in Den Lu III, Hoang Mai ward are being repaired to hand over to the people.
According to PV on August 31, at 3 resettlement buildings in Den Lu III, repair work is underway. Most of the outer walls of the buildings have been replaced with new paint to replace the old peeling paint.
Inside the buildings, workers repair damaged railings and windows, replace cracked glass doors and repaint peeling walls. Garbage and construction waste are dumped at the foot and the entrances to the buildings are also being cleaned up.
However, many other items have not been renovated or repaired, such as the entrance to the tunnel to keep vehicles still in disarray, the road to the lobbies of the buildings broken, and the foundations of the walls rotten. The front of the project adjacent to Tan Mai Street is still surrounded by corrugated iron, with construction materials.
Witnessing the buildings from the time they were built until many years of abandonment, Ms. Le Thi Nhung (Hoang Mai ward) could not help but feel sad: "After leaving them for 7 years, when they were first built, they were very beautiful but I never saw anyone living there. Around here, many people still have to rent cramped houses, which is a waste". See more...
Land market has great investment potential at the end of 2025
