Social housing supply in Ho Chi Minh City is still scarce

Đình Trọng |

The North of Ho Chi Minh City concentrates many workers, however, most migrant workers have to rent rooms. In the period 2025-2030, about 130,000 people have a need to buy social housing, but the supply is still scarce.

Social housing prices are quite high

In the period 2021-2024, old Binh Duong only had 6 social housing projects with 1,643 units, mainly in Thuan An, Ben Cat; crowded worker areas such as Di An, Tan Uyen, Thu Dau Mot lacked supply.

From 2025 to now, there have been some projects built by businesses with a scale of 800 - 3,000 units per project. However, the price of social housing built by private individuals is high. For example, the social housing project on National Highway 13 (belonging to Hoa Loi ward, Ho Chi Minh City) with about 1,000 units, was appraised for a selling price of 20.44 million VND/m2.

In Binh Duong ward, there is a social housing project under construction of more than 3,000 units. Social housing type of townhouses is priced from 2.16 - 2.5 billion VND/unit, apartment prices from 800 million VND/unit or more.

Ho Chi Minh City provides job opportunities but struggles to stabilize life

Having come to Ho Chi Minh City to start a business for many years, but Mr. Huynh Ngoc Duoc's family (51 years old, from Can Tho city) still has to rent a room. According to him, Ho Chi Minh City gives people job opportunities, but it is very difficult to buy a house to stabilize their lives.

Similarly, Mr. Do Van Kien (40 years old, from Phu Tho) came to Ho Chi Minh City to work as a worker in My Phuoc 2 Industrial Park (Ben Cat ward) for more than 10 years. In recent years, Mr. and Mrs. Kien have repeatedly wanted to buy land to build a house to stabilize their lives, but house prices have continuously increased, making it impossible for him to realize this dream. Currently, a family of 4 people still has to live in a rented room of about 25m2.

The income of my husband and I is only about 20 million VND/month. My husband and I have also researched some social housing projects, but the prices have also increased quite high. Each apartment priced from 700 million VND or more, we also do not dare to borrow money to buy. I think the price is about 300 - 500 million VND/unit, we workers can only pay" - Mr. Kien shared.

In the area of Tan Hiep and Tan Uyen wards, a large number of workers are also concentrated, but social housing projects here are very few.

Mr. Dao Quang Tho - Human Resources Director of Cua Y A Chau Technology Co., Ltd. - said that the enterprise has about 1,400 workers, mostly immigrants. Many workers want to buy houses to live and work in Ho Chi Minh City. However, currently housing prices are quite high, making it difficult for workers to access.

Social housing projects in the locality are very few, the price is also quite high, not suitable for the majority of low-income workers. I propose that the State deploy more large-scale social housing projects in the Tan Uyen area. In addition, the price must also be suitable for workers' pockets. I think that the price is from 250 - 500 million VND/unit, workers can access it" - Mr. Dao Quang Tho said.

Đình Trọng
RELATED NEWS

Temporarily suspend the receipt of applications for social housing in industrial parks in Da Nang due to debt complaints from people

|

Da Nang - Da Nang City Department of Construction has just issued a document requesting temporary suspension of receiving applications for social housing purchase.

Time when the lease buyer is allowed to resell social housing under the market mechanism

|

Regulations on the resale of social housing under the market mechanism are attracting much attention.

Inspecting Lao Cai social housing project for illegal waste dumping

|

After the reflection of Lao Dong Newspaper, functional forces established a working group to inspect the illegal dumping of waste from the Yen Ninh social housing project (Yen Bai ward) to the land plot in Van Phu ward (Lao Cai province).

Nearly 1 ton of food of unknown origin discovered in Thanh Hoa

|

Thanh Hoa - Functional forces discovered nearly 1 ton of raw materials, additives and products without labels, not ensuring safety at a facility in Sam Son.

The life of Ms. Ngoc Tien - wife of Meritorious Artist Quy Binh before getting into trouble with the law

|

Before getting into trouble with the law, Ngoc Tien - wife of artist Quy Binh - had a private life.

Multiple vehicle accident on National Highway 10 in Ninh Binh kills 2 people

|

Ninh Binh - A serious accident between a truck and many motorbikes on National Highway 10 killed 2 women on the spot and injured one person.

Ho Chi Minh City considers and proposes disciplinary action against 7 party members

|

Ho Chi Minh City is considering and disciplining 7 party members for serious violations, of which 5 cases were expelled from the Party and proposed to expel 2 more people.

Middle East may lag 20 years behind due to Iran's unprecedented attack on Qatar

|

Iran's attacks on Qatar on March 18-19 caused heavy damage, disrupted LNG supplies and could cause the Middle East to decline for up to 20 years.