Social housing refers to residential properties supported by the government, designed to provide accommodation for low-income earners, public servants and workers who have not yet secured stable housing. Aimed at enhancing living standards and ensuring social welfare, social housing projects are being actively developed across the country.
Social housing projects in Hanoi
Hanoi is actively launching numerous social housing developments to meet the growing housing demand. Here are some prominent projects:
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Thang Long Green City project: Developed by VIGLACERA and HANDICO, this project is located at Lot CT4, Kim Chung Urban Area, Dong Anh District. With over 1,100 apartments ranging from 49.8m² to 64m², the project is expected to be handed over in Q4/2026, offering modern and comfortable living spaces.
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214 Nguyen Xien social housing – N01 Ha Dinh (UDIC ECOTOWER): Officially commenced on December 5, 2024, this project will begin accepting applications in Q4/2025. Strategically located in Ha Dinh, Thanh Xuan District, it is an ideal option for those seeking quality housing at an affordable price.
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NHS Trung Van social housing: The only SH project launched in 2023, priced at VND 19.4 million/m². Currently in the final stages of completion, it is expected to be handed over in Q1/2025.
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393 Linh Nam social housing: Situated in Vinh Hung Ward, Hoang Mai District, the project includes two 21-story apartment buildings and 25 townhouses. This mixed-use development integrates both SH and commercial space, with expected selling prices ranging from VND 17 to 18 million/m².
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4-6-8 Alley 321 Vinh Hung social housing: Also located in Vinh Hung Ward, Hoang Mai District, this project is anticipated to attract many residents seeking an ideal home. Introduced in April 2022, it is currently being finalized to welcome future homeowners.
Social housing projects in Ho Chi Minh City
HCMC is also accelerating social housing development to meet increasing demand. The city plans to complete four projects totaling 2,874 apartments and start construction on eight more with nearly 8,000 units, serving thousands of low-income residents by 2025.
Buying and transferring social housing
The purchase and transfer of social housing are strictly regulated to uphold social welfare objectives. Under the 2023 Housing Law, effective from August 1, 2024, buyers of social housing apartments are allowed to sell after 5 years without paying land use fees. Specifically, five years after full payment, owners may sell the property on the open market to eligible buyers, provided a certificate of ownership has been issued.
Key notes on social housing transfer:
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Ownership duration: Social housing can only be freely transferred after five years of use. Within this period, if owners wish to sell, they must sell to government agencies or eligible individuals at regulated prices.
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Transfer pricing: The resale price cannot exceed the original purchase price plus reasonable renovation or repair costs.
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Legal procedures: The transfer contract must be notarized or certified and submitted to the relevant authorities to ensure legal validity.
Hoang Quan Appraisal – Accurate valuation solutions for social housing
With the social housing market expanding rapidly, precise valuation has become a crucial factor, ensuring transparency and fairness in social housing transactions. With over 23 years of experience, Hoang Quan Appraisal is proud to be a leading provider of professional, reliable social housing valuation services.
Why choose Hoang Quan Appraisal?
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Experienced experts: Our team of highly qualified appraisers deeply understands the social housing market in Vietnam.
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Transparent & professional processes: We apply advanced appraisal methods strictly aligned with regulations by the Ministry of Finance and Ministry of Construction.
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Up-to-date market data: Our real estate pricing database is continuously updated to reflect real market values accurately.
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Dedicated customer support: We are committed to providing fast, detailed consultations to help clients make informed decisions.
Who should use Hoang Quan’s social housing valuation services?
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Individuals or families planning to buy, sell, or transfer social housing units.
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Businesses or developers needing project valuations for bank loans.
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Banks and financial institutions require asset valuations for credit assessments.
With a solid market reputation, Hoang Quan Appraisal promises fast – accurate – cost-effective services, helping clients value correctly and invest wisely.
Contact Hoang Quan Appraisal now for free consultation and detailed quotes!
Company: Hoang Quan Appraisal Co., Ltd.
Address: Hoang Quan Appraisal System
Phone: 0934.252.707
Email: contact@sunvalue.vn
Facebook: Hoang Quan Appraisal
Website: hqa.com.vn
Conclusion
The strong development of social housing projects in Hanoi and HCMC during 2024 – 2025 not only addresses the housing needs of low-income individuals but also contributes to stabilizing the real estate market and enhancing social welfare. Citizens should stay informed through official channels and project developers to seize the opportunity to own a home that fits their needs and financial capacity.
