Social housing loans
Ben Tre issues new price frame for renting social housing and worker accommodation
|
Ben Tre - The Provincial People's Committee has just issued a decision on the rental price framework for social housing and workers' accommodation, applicable from June 10, 2025.
Young people under 35 years old are eligible for preferential loans to buy social housing, with an interest rate of only 6.1%/year
|
The State Bank has launched a preferential loan package for people under 35 years old who buy social housing with an interest rate of only 6.1%/year for the first 5 years.
It takes 10 years to have social housing, but it is ineffective
|
Emphasizing the task of cutting administrative procedures, the Prime Minister noted that people in need have to wait 5 years or 10 years to have social housing, which will not have much effect.
Don't let procedures discourage social housing businesses
|
The lack of social housing and affordable housing leads to continuous increases in housing prices, beyond the financial capacity of the majority of workers.
Social housing projects are slow to progress due to procedures
|
HCMC - There are still many major bottlenecks in the story of social housing development today.
Prime Minister requests to reserve enough land for social housing projects
|
The Prime Minister requested to create favorable conditions for businesses to participate in investing in developing social housing, and for beneficiaries to have access to social housing.
Nghe An allocates more than 18 thousand m2 of land for social housing
|
Nghe An - The province issued a decision to allocate nearly 18.5 thousand m2 of land exemption in Vinh City to investors to build social houses.
Improving supply and supporting purchasing power for social housing
|
Low-income earners are expecting a drastic change in the supply of social housing in Ho Chi Minh City soon so they can have the opportunity to settle down.
Second real estate credit tightening unlikely to stop speculation
|
In an effort to curb speculation, a new proposal is to tighten credit for second home buyers. However, some say this is unlikely to be feasible.