Amid high apartment prices, a series of low-cost housing projects are being launched

Báo Dân tríBáo Dân trí04/02/2025

(Dan Tri) - Recently, many social housing projects in Hanoi were announced to be eligible to sell apartments for rent after 5 years.


The Hanoi Department of Construction has just announced information about a series of social housing projects in the area. Specifically, the Phu Lam Social Housing Project (Phu Lam Ward, Ha Dong District) is invested by Hai Phat Investment Joint Stock Company. This project is eligible to receive applications for social housing purchase after 5 years of leasing.

The time to receive applications to buy houses at the Phu Lam Social Housing Project is from January 20 to March 10. This project consists of 5 buildings with 18 floors and a basement with a total of 1,902 apartments. The number of social housing apartments for rent and sale is 408 units with an area of ​​48-69m2. The selling price, excluding 5% value added tax and 2% maintenance fee, is more than 13.6 million VND/m2.

Next is the CT2A high-rise apartment project in Thach Ban Residential Area (Thach Ban Ward, Long Bien District) invested by the Ministry of National Defense's Housing and Urban Development Investment Corporation with a total of 414 apartments.

The Department of Construction said that the project is allowed to receive applications for purchasing social housing after 5 years of leasing. The number of social housing units for sale (after 5 years of leasing) this time is 82 apartments with areas ranging from 69.03 to 69.94 square meters with a provisional selling price (including 5% VAT, excluding 2% maintenance fee) of 12.3 million VND/square meter.

Another social housing project that is also eligible to open for sale and receive registration applications is expected to open in the fourth quarter of this year, the Ha Dinh social housing project, built on land plot NO1 of the Ha Dinh new urban area (Tan Trieu commune, Thanh Tri district).

Giữa lúc giá chung cư neo cao, loạt dự án nhà ở giá rẻ bung hàng - 1

A social housing area in Hanoi (Illustration: Tran Khang).

The project is invested by a consortium of Urban Infrastructure Development Investment Company (UDIC), Hanoi Electricity and Water Construction Joint Stock Company Haweicco and Hanoi DAC Housing Development and Trading Joint Stock Company. The project has 440 apartments, including 365 social housing apartments and 75 commercial housing apartments. Of the 365 social housing apartments, 255 are for sale, 37 are for rent-purchase and 73 are for rent.

According to the Department of Construction, the estimated selling price of apartments in this project is 25 million VND/m2; the rental price of social housing is about 150,000 VND/m2/month; the rental price is 390,000 VND/m2/month. The investor will announce the official price after it is appraised by the management agency according to regulations.

Previously, at the end of 2024, the Ministry of National Defense's 319 Corporation started construction of the Uy No Social Housing Project in Dong Anh District (Hanoi), with a total investment of more than 630 billion VND. The project is built on a land area of ​​15,286 square meters, with 4 blocks of 9-storey buildings and 1 basement; a total of 466 apartments (from 40 square meters to 76.7 square meters), expected to be completed in the fourth quarter of 2026.

Recently, the Hanoi People's Committee issued a decision approving the update of the list of housing and urban area construction investment projects in the city's Housing Development Plan for the period 2021-2025, including 8 social housing projects with a total floor area of ​​over 255,700m2 (over 1,580 apartments).

In its report on the real estate market in 2024, the Ministry of Construction said that over the past year, apartment prices in some major cities continued to increase. In Hanoi, apartment prices increased by 40-50% compared to 2023, with some projects increasing at higher rates.



Source: https://dantri.com.vn/bat-dong-san/giua-luc-gia-chung-cu-neo-cao-loat-du-an-nha-o-gia-re-bung-hang-20250203160022453.htm

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