Ho Chi Minh City to start construction of 3 social housing projects with more than 5,500 units

MINH QUÂN |

Ho Chi Minh City - In January, the city started construction of 3 social housing projects with 5,568 units, contributing to the implementation of the goal of developing 28,500 social housing units in 2026.

The information was given by Mr. Le Duc Anh - Deputy Head of the Housing and Real Estate Market Management Department (Ho Chi Minh City Department of Construction) - at a regular press conference on the socio-economic situation on the afternoon of January 8.

According to Mr. Le Duc Anh, before January 19, the city will start construction of 3 social housing projects, including: Social security housing - Dinh Hoa Zone 3 (phase 1) with 1,178 units; Social security housing - Dinh Hoa Zone 4 with 3,190 units; and My Xuan B1 social housing area with 1,200 units.

Mr. Le Duc Anh said that the city has proactively prepared land funds, completed legal procedures, and applied many preferential policies to attract businesses to participate in social housing development. The goal in 2026, Ho Chi Minh City strives to develop 28,500 social housing units according to the assigned target.

Also at the press conference, representatives of the Ho Chi Minh City Department of Construction assessed that the Ho Chi Minh City real estate market has had a positive recovery after a long period of sluggishness.

From 2020 to mid-2024, the city's real estate business activities had a period of negative growth of more than 15%. However, thanks to a series of solutions to remove difficulties, the negative growth rate gradually decreased year by year and began to achieve positive growth from the end of 2024.

By 2025, Ho Chi Minh City's real estate sector recorded positive growth of 3.06%, showing clear signs of recovery.

According to the Ho Chi Minh City Department of Construction, from August 1, 2024, when important laws such as the 2023 Housing Law, the 2023 Real Estate Business Law, and the 2024 Land Law officially took effect, the legal corridor for the real estate market has become more open, helping to remove many prolonged obstacles.

In 2025 and early 2026, the city has synchronously implemented many breakthrough solutions to remove land "knotholes", unlock resources for the market. Including the issuance of the Land Price List applied from January 1, 2026; maximizing the application of special mechanisms according to Resolution 98 (amended) to handle BT projects; piloting land use purpose conversion for commercial housing.

To date, Ho Chi Minh City has approved the pilot commercial housing for 96 projects, and is considering 25 more projects.

The Ho Chi Minh City People's Committee has also established a Special Task Force, and at the same time strengthened the Steering Committee for Housing Policy and Real Estate Market to focus on reviewing and removing obstacles for backlog projects.

As a result, 80 projects in the area have been removed, including 5 projects under the authority of the Prime Minister.

According to representatives of the Ho Chi Minh City Department of Construction, at the end of 2025, the Ho Chi Minh City People's Committee launched the City Public Administration Service Center, aiming for a paperless administration, without administrative boundaries, taking people and businesses as the service center.

Currently, 100% of administrative procedures in Ho Chi Minh City are carried out in an electronic environment, regardless of administrative boundaries; 30% of administrative procedures have been reduced, exceeding the set schedule.

With these strong legal foundations and reforms, Ho Chi Minh City expects 2026 to create clear changes for the real estate market, making an important contribution to the city's double-digit economic growth target.

MINH QUÂN
RELATED NEWS

Ho Chi Minh City approves 2,129 valid dossiers to buy social housing Hoa Phu

|

Ho Chi Minh City - The construction industry has inspected and approved 2,129 cases of valid dossiers to buy social housing in Hoa Phu, Binh Duong ward, Ho Chi Minh City.

Ho Chi Minh City has new regulations on buying and renting out social housing

|

Ho Chi Minh City tightens the process of buying and renting out social housing, requiring public disclosure of projects, selling prices and apartment numbers so that buyers can easily access and limit negativity.

HCMC promotes social housing development to rebalance the market

|

HCMC - Real estate businesses in HCMC will actively develop social housing (NOXH) to rebalance the market.

Chairman of the Vietnam General Confederation of Labour visits and presents gifts to policy families in Con Dao

|

Ho Chi Minh City - Mr. Nguyen Dinh Khang - Member of the Party Central Committee, Vice Chairman of the Central Committee of the Vietnam Fatherland Front, Chairman of the Vietnam General Confederation of Labor - visited and presented gifts to policy families in Con Dao.

Nestle Vietnam recalls 17 pre-screened milk shipments for young children

|

Nestle Vietnam is conducting preventive recalls of 17 batches of NAN milk for young children to ensure safety for consumers.

Groundbreaking ceremony for a 1,445 billion VND social housing project in Khanh Hoa

|

The locality started the Hung Phu 2 Social Housing Project to meet the housing needs of workers, laborers and low-income people.

Giant hands" at Hai Tien beach have been removed from the beach

|

Thanh Hoa - After being swayed by the storm, the "giant hands" at Hai Tien beach have been dismantled and relocated from the beach by functional agencies and localities.

Hanoi is very cold, many elementary schools postpone classes

|

Hanoi - Many elementary schools in the area postpone classes during the day, the temperature drops deeply.

Ho Chi Minh City approves 2,129 valid dossiers to buy social housing Hoa Phu

ĐÌNH TRỌNG |

Ho Chi Minh City - The construction industry has inspected and approved 2,129 cases of valid dossiers to buy social housing in Hoa Phu, Binh Duong ward, Ho Chi Minh City.

Ho Chi Minh City has new regulations on buying and renting out social housing

MINH QUÂN |

Ho Chi Minh City tightens the process of buying and renting out social housing, requiring public disclosure of projects, selling prices and apartment numbers so that buyers can easily access and limit negativity.

HCMC promotes social housing development to rebalance the market

ĐÌNH TRỌNG |

HCMC - Real estate businesses in HCMC will actively develop social housing (NOXH) to rebalance the market.