24h Real Estate: Social housing accelerates, 40 more projects started in 5 months

Như Hạ |

Real estate news bulletin on June 19: The whole country has started construction of 40 social housing projects in the first 5 months of 2026; Supply increases sharply, but house prices are still difficult to decrease...

The whole country has started construction of 40 social housing projects in the first 5 months of 2026

Information at the Q2/2026 press conference, Chief of Office of the Ministry of Construction Lam Van Hoang said that in the field of social housing, in the first 5 months of 2026 alone, the whole country has started construction of 40 more projects with a scale of 34,383 units. Accumulated to date, the whole country is deploying more than 720,000 social housing units, reaching about 72% of the Project's goal of building at least 1 million social housing apartments, of which more than 180,000 units have been completed, contributing to improving housing conditions for hundreds of thousands of households.

The Ministry of Construction is also coordinating with ministries and sectors to study and amend the Housing Law, the Real Estate Business Law and related regulations, including orienting the synchronous development of commercial housing, social housing, public housing and rental housing; identifying rental housing as one of the strategic pillars of social security by 2030," said Lam Van Hoang, Chief of Office of the Ministry of Construction.

Dự án nhà ở xã hội tại xã Ngọc Hồi (Hà Nội). Ảnh: Như Hạ
Social housing project in Ngoc Hoi commune (Hanoi). Photo: Nhu Ha

Ho Chi Minh City prepares to recover more than 536 hectares of land to implement 4 projects

On the morning of June 19, at the 3rd session of the 11th Ho Chi Minh City People's Council, term 2026 - 2031, delegates considered the submission of the Ho Chi Minh City People's Committee on the list of land acquisition projects for socio-economic development for national and public interests in the area.

According to the proposal, the city will recover a total of 536.6 hectares of land to implement 4 projects including: Binh Quoi - Thanh Da New Urban Area; Cai Mep Ha General and Container Port Project; ITC Rach Bap Shoal Port Project; Tran Binh Trong Road Expansion Project. See more...

Toàn cảnh bán đảo Bình Quới - Thanh Đa. Ảnh: Anh Tú
Overview of Binh Quoi - Thanh Da peninsula. Photo: Anh Tu

Supply increases sharply, but house prices are still difficult to reduce

Commenting on the prospects of the real estate market in the coming years, Mr. Nguyen Quoc Hiep - Chairman of Global Real Estate Joint Stock Company said that real estate may enter a completely different development cycle compared to the previous period.

According to Mr. Hiep, increased supply does not mean real estate prices will decrease. In the context that the construction industry is facing many difficulties, input costs such as labor and materials have increased by about 20%, causing project development costs to increase significantly.

Although supply is increasing, real estate prices are not decreasing accordingly. This is a rather special phenomenon, rarely occurring according to the usual rules of the market," Mr. Hiep assessed. See more...

Students struggle to find boarding houses for 3 million VND/month in Hanoi

Rental prices around universities in Hanoi remain high, making it difficult for many students to find suitable accommodation.
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