What changed
2026-07-27 11:47 UTC → 2026-07-31 09:24 UTC ·
added
removed
In early July, Ho Chi Minh City’s The city’s Construction Department announced a package of incentives—including waivers on land‑use, lease and tax fees and ultra‑low‑interest loans (3‑4 % for 15‑20‑year terms with a three‑year grace period)—to accelerate the build‑out of rental and continues to refine its social‑housing stock. Two weeks later the city disclosed rollout. After the first concrete sales details of early‑July incentive package, the Eco Home 1 social‑housing project in Phú Mỹ. Units were priced at an average of was detailed, with unit prices near VND 19.8 million VND per / m² (VAT included, maintenance fee excluded) with price adjustments possible via a coefficient. The development also benefits from and preferential financing (up loans up to 5.4 % interest on loans covering for 80 % of the purchase price for up to financing over 25 years). Auditing requirements and limits on the developer’s cash receipt were outlined to protect buyers. On 24 July the city posted the Eco Home 1 price on its official portal, reiterating years. Audits by the audit‑by‑the Institute of Economics and confirming that limit the developer (HODECO) can receive no more than developer’s cash receipt to 95 % of the contract value before buyers obtain land‑use rights and ownership certificates. are issued. On 27 July the Department of Construction submitted July, a draft amendment to raise Decision No. 14/2026 proposed raising the monthly income ceiling for social‑housing eligibility from VND 54 million to VND 60 million VND, million, introducing two income‑adjustment adjustment coefficients (1.1 and 1.2) that set higher limits for different household types. singles, single parents and married couples, and give priority to larger households. The change is city justified by the change with a higher local 2025 per‑capita income and aims of VND 8.064 million, about 1.36 times the national average. A related development on 29 July reported that the provincial government of Khánh Hòa is launching 14 social‑housing projects priced around VND 22 million / m², offering loans covering up to broaden access for low‑income residents. 80 % of the purchase price at 5.4 % interest. The announcement underscores a nationwide push to expand affordable housing and align eligibility thresholds with local income conditions. Together, these steps show Ho Chi Minh City moving from policy design to detailed implementation concrete pricing, financing and eligibility adjustments for its adjustments, while other Vietnamese regions advance parallel social‑housing programme. initiatives.