Progress of housing project worth over 1,000 billion VND for armed forces families in Hanoi

Thu Giang |

The Ministry of National Defense has just announced information and progress of the housing project for families of armed forces in the Army in Phuong Liet ward (Hanoi).

Implementing Resolution No. 201/2025/QH15 of the National Assembly piloting a number of specific mechanisms and policies for social housing development; Decree No. 192/2025/ND-CP of the Government detailing a number of articles and measures to implement Resolution No. 201/2025/QH15 of the National Assembly; The Ministry of National Defense and the Hanoi People's Committee have agreed on the location and information of the housing construction investment project for armed forces families in the Army in Phuong Liet ward.

Land plot location: No. 40, alley 183, Hoang Van Thai (Phuong Liet ward, Hanoi City).

Investment objective: Investing in building housing for people's armed forces (Housing for families of armed forces in the Army), meeting the needs of subjects under the management of the Ministry of National Defense.

Preliminary scale:

Land area for project implementation: 3, 451.2 m2;

Total floor area: Approximately 34, 360 m2 of surface floor, 7, 500 m2 of basement floor;

Number of floors, number of apartments: 1 25-story apartment building, 3 basements, arranged with 336 apartments.

Current land use status: The origin of defense land is vacant, currently managed by Corporation 319/Ministry of National Defense.

Structure of social housing apartments: Implemented according to the provisions of Decision No. 728/QD-UBND of the Hanoi People's Committee stipulating social housing;

Population size: About 850 people.

Preliminary summary of total investment capital:

Total investment capital (rounded): 1,020,760,000,000,000 VND.

Project implementation progress:

Project implementation progress: 33 months:

Investment preparation phase for project implementation: From Q2/2026 to Q4/2026;

Construction investment project implementation phase: From Q4/2026 to Q2/2028;

Project completion phase: From Q3/2028 to Q4/2028.

Project operating period: 50 years from the date of being decided by a competent authority to allocate land, lease land, or change land purpose.

Mechanisms, preferential policies, and support for investors:

Projects are entitled to incentives and support for social housing construction investment projects according to the provisions of housing law and current regulations.

Thu Giang
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