Avoid loss of public assets when auctioning resettlement houses

THU GIANG |

Many economic experts believe that the 2024 Land Law and the 2023 Housing Law, together with the promulgated guiding documents, will create a legal corridor for Hanoi and localities to review and pilot appropriate solutions for handling unused resettlement housing, including an auction plan for resettlement apartments that have been abandoned for many years.

Waiting for auction plan to be announced

Upon hearing that the Department of Construction had just proposed to the Hanoi People's Committee a plan to auction abandoned resettlement houses in the area, Ms. Nguyen Thi Nguyet (65 years old, living on Duy Tan Street, Cau Giay District, Hanoi) shared that for many years, the resettlement building N01-C17 located right at the intersection of Tran Thai Tong - Duy Tan has been abandoned, with weeds growing all over the area. Even many construction items here, although not yet put into use, have been rusted and seriously degraded.

"Many people here are currently very interested in the procedures, waiting for the authorities at all levels to publicly announce the detailed auction plan for abandoned resettlement houses in the area" - Ms. Nguyet said.
Referring to this content, Mr. Nguyen Hoang Nam - GHome Housing Development Corporation - shared that while many people in the capital are in great need of housing, having to live in houses that do not ensure fire safety, there are segments and products that are of good quality, in accordance with construction laws, construction standards, fire prevention and fighting standards such as resettlement houses that are being left empty, causing a huge waste of resources.

Detailed auction instructions are needed to avoid loss of public assets.

According to Lawyer Dang Van Cuong - Chinh Phap Law Office (Hanoi Bar Association), abandoned resettlement buildings in Hanoi are public property. According to the law, resettlement houses are public property and must be managed, used effectively, economically, and avoid waste.

Currently, there are no detailed instructions on determining the value of public assets, especially the resettlement housing fund when it is publicly sold to all people. If the resettlement housing fund is used for an ineffective project and people do not choose it, it can be handed over for use to another project. If there is no other project, it can be transferred to a social housing project for sale.

Regarding this proposal, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - informed that in the recent period, the construction and planning of resettlement houses in Hanoi still have many shortcomings.Most resettlement housing projects in Hanoi are still being built according to the request-grant mechanism, not closely following the actual usage requirements of the people, the technical quality and social infrastructure are not guaranteed, so it is understandable that resettlement housing projects are gradually losing their attractiveness and have been abandoned for a long time.
"For abandoned resettlement housing projects, it is necessary to study and change the purpose of using the project such as converting it into social housing, resettlement houses, or auctioning it off so that the State can recover capital and restore production.Leaving such a large amount of assets to be left idle for decades is too wasteful" - Mr. Nguyen The Diep mentioned.

THU GIANG
RELATED NEWS

Northern region is about to welcome strong cold air, forecast for the coldest rainy day

|

In the upcoming strong cold air wave, it is predicted that February 8th is the coldest day in the North.

Tet bus ticket prices in Ho Chi Minh City increase by 40-60%, management of 5 bus stations speaks out

|

Ho Chi Minh City - During the Binh Ngo Tet holiday 2026, passenger car fares are allowed to increase by 40-60% according to distance, bus companies that increase prices in violation of regulations will be handled.

Shark Minh Beta talks about the idea that Northern cultural films are difficult to reach Southern audiences

|

Director, Shark Minh Beta and Meritorious Artist Xuan Hinh had noteworthy shares at the premiere of the Tet movie "Mui pho", held on the afternoon of February 5th in Ho Chi Minh City.

Standing Secretary of the Secretariat Tran Cam Tu: Prioritize resources to care for Tet for the people

|

Da Nang - Standing Secretary of the Secretariat Tran Cam Tu presents Tet gifts to the poor and workers of Da Nang, encouraging people to rise up after a year of fierce natural disasters.

English teacher corrects exam papers, lowers student scores, is warned, and stops teaching

|

Gia Lai - English teacher arbitrarily revises exam papers, lowers student scores, is disciplined with a warning, and stops teaching work after a reflection from Lao Dong Newspaper.

Silver prices plummet, many people leave because it is too difficult to buy

|

On February 5th, domestic silver prices reversed and fell sharply. In Hanoi, many people sought to buy silver but had to leave because it was difficult to buy.

National database on cadres, civil servants, public employees and methods of updating

|

The new Government has issued Decree No. 27/2026/ND-CP regulating the national database on cadres, civil servants, and public employees.

Fire kills 3 mothers and children in Ho Chi Minh City: Witnesses recount the moment of rescue

|

Ho Chi Minh City - Although functional forces and neighbors made efforts to rescue, the fire occurred too quickly, causing 3 mothers and children to die.

Nhà tái định cư ở Hà Nội xuống cấp nghiêm trọng

Minh Hạnh |

Hà Nội - Sau hơn 10 năm đưa vào sử dụng, khu nhà tái định cư A6 Nam Trung Yên đã xuống cấp nghiêm trọng, gây lo lắng cho người dân.

Consider solutions for auctioning resettlement houses

Minh Hạnh |

Hanoi - While many people are lacking housing, thousands of apartments in resettlement projects are abandoned, causing waste.

Increasing housing supply from auctioning abandoned resettlement houses

CAO NGUYÊN |

The plan to auction abandoned resettlement houses is supported by many people because it both creates new supply and solves the problem of land waste.