This year, Hanoi has been assigned by the Prime Minister to complete 4,670 social housing units. Based on actual inspections, the Ministry of Construction assesses that the city can exceed this target, with over 4,700 units across six projects, mainly in outlying districts such as Long Bien, Dong Anh, Bac Tu Liem, and Me Linh.
In terms of pricing, out of the six projects expected to be completed this year, specific information is available for two. The social housing project at four land plots, CT1-CT4, in the Kim Hoa urban area (Me Linh district) is priced at VND 21.2 million per square meter. Meanwhile, the project at land plot CT3 in the Kim Chung new urban area (Dong Anh district) is expected to cost VND 18.4 million per square meter.
Notable mentions go to upcoming and approved projects, including the social housing project in the C14/NO1 planning area in Phuc Dong ward (Long Bien district). This project is strategically located near upscale residential areas such as Vinhomes Riverside and Viet Hung, along with various low-rise housing projects in the vicinity.
Even more intriguing are projects in the development pipeline located in Hanoi’s most prestigious urban areas, such as the Nam Thang Long Urban Area (Ciputra) and the Starlake Tay Ho Tay project.
Ngoc Dep
The Prime Real Estate Recovery: Reclaiming the Historic 63 Hang Giay Street, Dong Xuan Ward, Hoan Kiem District
On May 28th, the People’s Committee of Hanoi issued a decision to retrieve the land area on the first floor (28.7 sqm) of the property located at 63 Hang Giay Street, Dong Xuan Ward, Hoan Kiem District.
The Future of Urban Living: Unveiling Hanoi’s Vision with New Township Projects in Chuong My District
In the comprehensive 2025 Land Use Plan for Chuong My District, an impressive 98 projects are outlined, with a particular focus on urban development. The plan includes a diverse range of initiatives, from large-scale urban areas to residential neighborhoods and land auction projects. This ambitious strategy aims to transform the district, creating vibrant, modern communities while also addressing the needs of its residents.
The Upcoming Biti’s Shopping Center: A 2-Hectare Commercial Hub Rising Near the Train Station
The Biti’s Northern Trade Center is set to become a prominent landmark in Ha Dong District, with a sprawling 2-hectare site and a prime location fronting the National Highway 6. Just a stone’s throw from the electric train station, only 250 meters away, this commercial hub is conveniently accessible and poised to be a bustling epicenter of activity.
The New Housing Policy: Empowering Investors with Price Approval Authority
On May 29, the 9th session of the 15th National Assembly passed a resolution piloting several mechanisms and special policies for the development of social housing. This move is considered a breakthrough to address long-standing bottlenecks in investing, building, and operating social housing.
Can Surplus Office Spaces Post-Merger be Transformed into Social Housing?
Amid challenges in developing social housing across the country, the Land Management Authority has proposed an innovative solution. They suggest repurposing surplus government offices, resulting from mergers, into social housing. This proposal offers a potential win-win situation by addressing the need for social housing while making efficient use of existing resources.
