The Ca Mau Province’s Department of Construction has recently announced the acceptance of applications for renting and purchasing social housing in Ward 9, Ca Mau City (now belonging to Ward 19, An Xuyen Ward, Ca Mau Province). This is the first social housing project in the province to be offered for sale.
The social housing units in the Dream House project feature land areas ranging from 44 to 99 square meters, designed with one ground floor and one upper floor, and are priced at over 14 million VND per square meter (including tax).
Thus far, the investor has completed the construction of basic infrastructure and the rough finishing of the apartments, with expected handover dates ranging from late 2025 to the end of 2026.
The provisional selling price, including VAT, is over 14 million VND per square meter of floor area (excluding 2% maintenance fees).
In addition to the groups specified in the nationwide regulations (Decree 100/2024/ND-CP and Circular 05/2024/TT-BXD), Ca Mau Province also allows individuals whose homes are located more than 20 kilometers away from their workplaces to purchase social housing. Accordingly, from August 15, 2025, workers with one house in Ca Mau Province but located more than 20 kilometers away from their workplace are eligible to rent, buy, or rent-to-own social housing. The chosen social housing project must be within a 15-kilometer radius of the workplace.
According to plans, in 2025, Ca Mau Province will implement 14 social housing projects, including 6 independent social housing projects with over 3,700 units and 8 social housing projects within commercial housing projects (20% land fund), offering over 5,500 units.
A Proposal to Waive Land Use Fees for Purpose Changes Within the Allotted Quota
The proposed amendments to the Land Law suggest an exemption from land use fees for those converting land use purposes within the residential land use limit. However, for those exceeding this limit, a land use fee of 30-50% will be applicable.
“National Housing Fund: Renting Made Easy, Secure, and Guaranteed. No Sales or Reselling Allowed.”
“As stated by Deputy Finance Minister Do Thanh Trung, Resolution No. 201/2025/QH15 introduces a pilot program with specific mechanisms and policies for developing social housing. This resolution underscores the nature of this fund as a rental-only initiative, implying a one-way flow where tenants can move in but not exit through a sale. In other words, this fund is not intended for real estate trading; instead, it exclusively supports rental services, funded by the state budget and legitimate contributions from other sources.”
The Latest Directive: Establishing a Fund for Relocation Housing and Land
The Department of Construction has been tasked by the Ho Chi Minh City People’s Committee to establish a fund for housing and land to serve resettlement purposes. This task is based on the needs for resettlement arrangement and the proposal to invest in the construction of resettlement areas by various units. A report on the implementation results must be submitted before October 15th.
Once a Billion-Dollar Profit-Maker, This Real Estate Giant Now Targets 40,000 Affordable Housing Units Despite Modest Earnings.
The struggling situation of Dia Oc Hoang Quan, a real estate company, is a cause for concern. With a dismal track record of failing to meet business targets for nine consecutive years, their annual profits barely scrape over $1 million. The years 2021 and 2023 were particularly grim, with meager profits of just $174,000 to $218,000. This underperformance paints a picture of a company in dire need of a strategic overhaul to reverse its fortunes.
“National Housing Fund Suggestion: Renting Homes, Not Trading or Selling”
The National Housing Fund is a revolutionary initiative, stemming from Resolution No. 201/2025/QH15, which pilots special mechanisms and policies for social housing development. This fund is unique in its nature, operating as a rental-only model, where units are ‘entered but never leave’. Instead of buying and selling, the fund solely focuses on providing a stable and accessible rental service, funded by the government and legal contributions from various sources. This innovative approach aims to create a sustainable and inclusive housing solution for those in need.
