The Government has just issued Decree No. 192/2025/ND-CP to specifically guide the determination of selling prices and rental prices for social housing. The new regulation is expected to improve transparency, ensure legitimate rights for buyers and renters of social housing, and contribute to limiting policy profiteering in this field.
According to Decree 192, the determination of selling prices and rental prices for social housing is based on the provisions of the law on housing and the law on prices. The investor of a social housing project is responsible for developing a plan for selling and renting prices in accordance with regulations, including all approved construction investment costs, standard profits, and maintenance costs for common ownership (if any).
If necessary, the investor can hire a qualified consulting unit to conduct the appraisal and determination of prices. After making a price plan, the investor sends the documents to the local Department of Construction for examination. The application must be submitted at least 30 days before the date of receipt of the application for registration to buy, lease-purchase or submit a request to confirm eligibility for sale or lease-purchase of future housing.
The Decree also requires investors to publicly disclose the selling price and rental price of social housing that have been inspected on the Electronic Information Portal of the Provincial People's Committee, the Department of Construction and at the project, so that people can conveniently look up. This is an important new point, contributing to information transparency, limiting negativity in the transaction process.
After the project is completed and accepted for use, within 180 days, the investor must conduct an audit of the investment cost of construction. The audit and settlement documents for investment costs continue to be sent to the Department of Construction to compare with the previously determined selling and rental prices.
One of the notable regulations in Decree 192 is the handling of price differences after audits. If the selling price or official rental price is lower than the signed price, the investor must return the difference to the buyer or lessee.
Conversely, if the official price is higher, the investor will not be charged any additional difference. This regulation aims to protect people's rights and avoid being forced to buy at unreasonably high prices.
The Decree also tightens the collection of money from investors. Accordingly, before the buyer is granted a Certificate of land use rights, house ownership rights (pink book) and before completing the refund of the difference (if any), the investor is not allowed to collect more than 95% of the contract value. This regulation helps ensure the safety of home buyers during the process of completing legal procedures.
The transparency of the price determination process not only helps protect the rights of buyers and tenants but also contributes to raising social trust in social housing projects, limiting negativity and policy profiteering.
Strictly implementing the provisions of this Decree is expected to contribute to the effective implementation of the goal of developing social housing funds, meeting the housing needs of low-income people, workers and laborers in industrial parks and urban areas, thereby contributing to ensuring social security and sustainable socio-economic development.
