In Decision No. 444/QD-TTg dated February 27, 2025, the Prime Minister assigned the target of Hanoi City to complete 4,670 units in 2025. Through on-site inspection, the Ministry of Construction has announced the progress of social housing projects in Hanoi this year.
Accordingly, the project to build a social housing area for officers and soldiers of the Ministry of Public Security in Co Nhue 2 ward, Bac Tu Liem district with a scale of 1,340 units was completed in the first quarter of 2025.
The Kim Hoa Urban Housing Project (the social housing part in land plots CT1,CT2, CT3, CT4) in Me Linh district, Hanoi, invested by Than Ha Trading and Construction Company, with a scale of 720 apartments (4 buildings with 9 floors above ground, 1 basement), has completed the rough construction, and can be completely completed in 2025.
The Thuong Thanh social housing project and the connection of technical infrastructure in the area at a scale of 1/500 in Thuong Thanh Ward, Long Bien District, invested by Him Lam Capital Joint Stock Company and BIC Vietnam Joint Stock Company, with a scale of 1980 units, is constructing 1 building, and can complete 600 units in 2025.
The Housing Project in Uy No Commune, Dong Anh District, Hanoi (the social housing part) invested by Corporation 319 - Ministry of National Defense, with a scale of 952 units, is under construction of the body, and can complete 466 units in 2025.
The Thanh Lam and Dai Thinh 2 new urban area projects (the social housing part in the CT-05, CT-06, CT07) with a total scale of 500 apartments (no basement), are under construction and can be completed in 2025.
The social housing construction investment project at CT3, CT4 plots of land in Kim Chung new urban area in Dong Anh district, Hanoi, invested by the Joint Venture of Viglacera Corporation and Hanoi Housing Investment and Development Corporation, with a scale of 1,104 apartments (3 blocks of 12 floors, no basement), can be completed in 2025.
The social housing project at plot NO1 of Ha Dinh New Urban Area in Tan Trieu Commune, Thanh Tri District, with a scale of 440 apartments, is under construction of a tunnel, and is unlikely to be completed in 2025.
With the current implementation progress, Hanoi plans to complete 6 social housing projects in 2025, providing 4,730 units out of a total of 4,670 units assigned by the Prime Minister, exceeding the set target.
Mr. Nguyen The Diep - Member of Vietnam Real Estate Association, Vice Chairman of Hanoi Real Estate Club - said that from the beginning of the year until now, the number of social housing projects has increased significantly, initially meeting the great demand for accommodation for low -income people. The increase in social housing supply will contribute to reducing the price of apartments that are in a very high threshold.
Mr. Diep said that in the coming time, there needs to be more open mechanisms for investors to promote the development of many social housing projects, thereby solving the current housing shortage problem.
