The Hanoi Department of Construction has announced the commencement of applications for purchasing and rent-to-own social housing units (Phase 1) within the Uy No Residential Area project in Dong Anh District (now Dong Anh Commune).
Developed by Corporation 319 under the Ministry of National Defense, the project spans approximately 85,700 m², with nearly 15,300 m² allocated for social housing construction.
The social housing component comprises four 9-story buildings, each featuring one basement level and one rooftop, offering a total of 466 apartments. Of these, 419 units are available for sale, and 47 for rent-to-own. Apartment sizes range from 40 to 76.6 m².
The proposed selling price by the developer is over 20.6 million VND/m² (inclusive of VAT, excluding maintenance fees). The rent-to-own rate is 288,527 VND/m²/month (inclusive of VAT, excluding maintenance fees). Maintenance fees for the project are set at 392,716 VND/m².
Rendering of the Uy No Residential Area. Photo: QĐND |
Applications for purchase and rent-to-own will be accepted from October 21 to November 25 (excluding Sundays), from 9:00 AM to 11:00 AM in the morning and 2:30 PM to 4:00 PM in the afternoon.
The project is scheduled to begin sales contract signings on December 24, with apartment handovers expected in Q4/2026.
In Hanoi, two additional social housing projects are currently accepting applications. The first is the Thuong Thanh Social Housing Area and Infrastructure Connection project (commercially known as Rice City Long Châu) in Bo De Ward (formerly Thuong Thanh Ward, Long Bien District), accepting applications from October 1 to November 4.
Jointly developed by Him Lam Thu Do JSC and BIC Vietnam JSC, the project offers 1,951 apartments, including 1,765 for sale and the remainder for rent-to-own. The project consists of three 22-story towers (CT1, CT2, CT3), excluding basement and rooftop levels, with a planned population of over 4,580 residents.
The average selling price is 29.4 million VND/m² (inclusive of VAT, excluding maintenance fees). Maintenance fees are 560,072 VND/m² (payable upon handover). The average rent-to-own rate is 346,701 VND/m²/month (inclusive of VAT).
At current prices, the smallest unit (32.3 m²) costs approximately 950 million VND, while the largest (77.2 m²) exceeds 2.26 billion VND. This project holds the distinction of being Hanoi’s most expensive social housing development to date.
Another eligible project is the social housing development at lots CT1, CT3, and CT4 within the Kim Hoa Urban Area, Tien Thang Commune (formerly Kim Hoa Commune, Me Linh District). Applications for the first phase are being accepted from October 6 to November 5.
The initial offering includes 480 out of 720 total apartments. Of these, 408 units are available for sale at nearly 20.2 million VND/m² (inclusive of VAT and maintenance fees). This price is approximately 1 million VND/m² lower than the developer’s provisional estimate in April.
The remaining 72 rent-to-own units are priced at 244,515 VND/m²/month, inclusive of VAT but excluding maintenance fees. Prospective buyers are expected to sign documents starting November 25.
Hong Khanh
– 10:45 22/10/2025
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