The Ministry of Construction’s Deputy Minister, Nguyen Van Sinh, recently issued Decision 110, which outlines a plan to address Prime Minister’s Official Dispatch 130 from 2024. The dispatch focuses on directing and resolving difficulties in implementing social housing projects. Additionally, it addresses Official Dispatch 03 from 2025, which relates to inspecting and handling issues of real estate speculation and price manipulation.
The Department of Housing and Real Estate Market Management, the Ministry of Construction’s Inspectorate, the Law Department, and relevant units are collaborating with other ministries and local authorities to carry out nine tasks aimed at rectifying the real estate market in 2025.
The Ministry of Construction has instructed its units to coordinate with the People’s Committees of provinces and cities to strengthen inspection, examination, and handling of violations regarding social housing laws.
These units are authorized to conduct sudden inspections when there are signs of violations of social housing development laws or in response to complaints from organizations or individuals.
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The Department of Housing and Real Estate Market Management and the Ministry of Construction’s Inspectorate are working together with the Ministry of Public Security, local authorities, and other relevant parties to inspect, examine, and review the business activities of enterprises, investors, and real estate exchanges and brokers. This collaborative effort is particularly focused on areas and projects with unusual price increases, aiming to promptly rectify, prevent, and strictly handle any violations.
The Ultimate Property Guide: Unveiling the Exclusive 1,700 Real Estate Opportunities, Including a Project by Vietnam’s Renowned “Coffee King” Dang Le Nguyen Vu
According to statistics from local construction departments, in the first month of 2025, there were 14 projects with a total of 1,688 units qualified for future home sales in 10 provinces and cities. These included over 900 land lots, 305 townhouses, and 482 social housing units.
The Property Market Reset: A New Cycle of Prosperity
Streamlining the multitude of ministries and agencies involved, the investment procedures for a real estate project are expected to be significantly reduced. This presents a golden opportunity for the real estate market to undergo a metamorphosis and achieve unprecedented growth.
The Property Boom: Anticipating a New Cycle of Growth
The real estate market in 2024 witnessed a surge in transactions for both apartments and individual housing units, as well as land plots, surpassing the numbers from 2023. There has been a notable upward trend in the supply of both social and commercial housing, indicating a thriving and expanding market.
The Capital’s Affordable Housing Push: Hanoi Approves 179 Hectares for Four Low-Cost Housing Projects in Dong Anh District
Four social housing projects in Dai Mac, Tien Duong, and Kim Chung (Dong Anh District, Hanoi) have just been approved for land-use plans for 2025, spanning a total area of nearly 179 hectares.
Is the Real Estate Market Due for a Boom in 2025?
According to experts, the real estate market is projected to stabilize by 2025, presenting a low-risk landscape. However, to foster healthy growth, a myriad of synchronized tax policies and mechanisms need to be implemented.
