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Maximizing Affordability: Ho Chi Minh City Introduces Top-Tier Incentives for Social Housing
Ho Chi Minh City offers substantial support for social housing projects, covering 50% of infrastructure investment costs up to a maximum of 10 billion VND per project. Additionally, the city fully subsidizes all expenses related to investment and construction procedures, including detailed 1/500 planning approvals, environmental permits, feasibility study assessments, and building permits.
Ministry of Construction Addresses Calls for Increased Penalties and Criminalization of Land Violations
Voters in Hanoi are urging authorities to consider increasing penalties, even exploring the possibility of criminalizing violations related to land use, construction order, and environmental regulations, to enhance deterrence and ensure stricter compliance.
National Real Estate Market Outlook: What to Expect
The National Real Estate Exchange must be designed as a level playing field, with robust oversight mechanisms and clear, enforceable penalties.
