Social housing plays an important role in ensuring a stable life and equal opportunity for people, especially in the provinces and cities of the Southeast region of Vietnam. The Southeast region is not only an important economic center of the country but also a destination for many people looking for opportunities and development. With the constant pace of urbanization and population growth, the need for social housing is becoming increasingly urgent and complex.
This article, Golden Lotus will provide an overview of the situation of social housing development in provinces and cities in the Southeast region.
See details at: History of formation and development of the Southeast region
The Southeast is a key economic region of the country, attracting a large number of immigrants, leading to an increasing demand for social housing. By 2023, the total number of social housing apartments in the Southeast provinces will reach about 200,000 units, accounting for about 20% of the total number of social housing apartments nationwide. In particular, Ho Chi Minh City is the locality with the largest number of social housing apartments, accounting for about 50% of the total number of social housing apartments in the region.
According to the Government’s Project on “Investment in construction of at least 01 million social housing apartments for low-income people and industrial park workers in the period 2021 – 2030”, the Prime Minister assigned targets to the City. Ho Chi Minh City will complete 69,700 social housing units by 2030. Of which, in the period 2021-2025, 26,200 units will be completed; In the period 2026 – 2030, about 43,500 units will be completed.
Period 2016 – 2020; Ho Chi Minh City has up to 19 completed social housing projects, total land area of 24.67 hectares, construction floor area of 1.23 million m2, scale of 14,954 apartments. In 2023, as of the first quarter, the entire city has only one social housing project completed and put into use with a scale of 260 apartments.
Currently, in the City, there are 9 social housing projects being implemented, under construction and preparing to start construction with a land area of 17.54 hectares and 517,689.7 m2 of construction floor, with a scale of 6,383 apartments. However, there have been 5 transition projects from the 2016 – 2020 period and 4 groundbreaking projects, starting in 2022. With the type of accommodation for workers, the city is implementing 2 projects. with a land area of 2.60 hectares, 120,624 m2 of construction floor, and 1,400 rooms. Specifically:
List of social housing projects being implemented in Ho Chi Minh City
Social housing (social housing) of 30m2 or more with prices ranging from 100-300 million VND has provided a place of residence for nearly 200,000 low-income workers in Binh Duong. This province is aiming to invest in building about 172,800 social housing units, with a total land area of about 612.1 hectares, to accommodate about 678,000 people with a total investment of about 92,661 billion VND.
To achieve the above goal, the Provincial People’s Committee Binh Duong said that land fund solutions are the top priority of the Project. It is expected to use 34 land areas managed by state-owned enterprises or land funds managed by the Land Fund Development Center and 17 areas with available land funds of investors.
In addition, 20% of the land fund is available from investment projects to build commercial housing and urban areas planned for social housing development.
In addition, Binh Duong announced 4 social housing projects with a loan package of 120,000 billion VND. Binh Duong Provincial People’s Committee has just announced a list of 04 social housing development projects in the province proposed to receive preferential loans at the request of the Department of Construction.
These are projects that meet the conditions and criteria for preferential loans for social housing development according to the guidance of the Ministry of Construction on project lists, subjects, conditions and criteria for preferential loans for social housing development. associations, worker housing, renovating and rebuilding old apartments.
According to Resolution 07/2022 on developing worker housing and social housing (social housing) in the 2021-2025 period, Dong Nai aims to build66 worker housing and social housing projects will provide about 10,000 units, equivalent to about 800,000 m2 of floor space. Total estimated investment needs about 10,155 billion VND from State capital, capital mobilized from businesses and other capital sources. These projects do not include social housing land funds in commercial housing projects.
Regarding the number of worker housing and social housing by locality, according to the plan by 2025, Bien Hoa City has 18 projects, Cam My district 12 projects, Vinh Cuu and Thong Nhat districts each have 7 projects. , Nhon Trach and Long Thanh districts each have 5 projects,…
Currently, Dong Nai province has 9 worker housing and social housing projects being implemented with a total of 10,202 houses, concentrated mainly in Nhon Trach district and Long Thanh district. There are 5 localities without any social housing projects: Vinh Cuu, Thong Nhat, Xuan Loc, Dinh Quan and Tan Phu districts.
According to the Department of Construction of Dong Nai province, currently the whole province has 3,500 social housing units. Of which, housing for workers is only about 1,500 households, the remaining 2,000 houses are for policy beneficiaries and armed forces. Therefore, it cannot meet the reality compared to the workforce in the province.
As a province with strengths in the marine economy, industry and oil and gas, therefore, the province has a large need for housing for low-income groups, as per the Government’s project to develop 1 million houses. social housing, worker housing.
The People’s Committee of Ba Ria – Vung Tau province has just approved the plan to develop all types of housing in the province in 2023. The province aims to develop about 1.51 million m2 of housing floor, equivalent to 11,099 units.
Of which, the housing target in commercial housing projects and urban areas is about 254 units; Social housing (Social Housing) has about 19 units. According to the plan, the People’s Committee of Ba Ria – Vung Tau province will reserve about 395.7 hectares of land to build all types of housing, of which 11 hectares of land for social housing development.
In addition, the whole province has 21 social housing projects under construction with a scale of 103 individual houses and 14,453 apartments. In the period 2021 – 2025, Ba Ria – Vung Tau province aims to develop 3,633 social housing units. To date, only 84 units have been completed
The social housing project is expected to be implemented in 2023
BesideBesides nearly 26,000 commercial housing units, this year, Tay Ninh province plans to develop 3,800 social housing units.
For social housing projects proposed for investment in Tay Ninh province in the period 2022 – 2025, in Tay Ninh City there are projects in Ward 1, Ward 3 and Binh Minh commune, with a total scale of 650 apartments. .
Hoa Thanh Town has 2,240 apartments belonging to social housing and resettlement projects; Trang Bang town has 500 houses for workers in Don Thuan commune and 2,240 houses in social housing projects in wards and communes;
Districts such as Go Dau, Ben Cau, Duong Minh Chau, Tan Bien are expected to develop 1,120 units/district; Tan Chau district has 600 social housing units. Most of these projects are expected to be completed by 2025.
Currently, in Tay Ninh province there is only one social housing project invested with non-budget capital. That is the Golden City Social Housing Apartment project, Ward 2, Tay Ninh City with a scale of 1,624 apartments. There are 864 units, including 822 social housing units and 42 commercial units, of which are eligible for business.
It is expected that by 2025 there will be 27 Industrial Parks and 04 Industrial Parks in the Economic Zone with a total of about 203,693 workers. It is expected that about 61,107 workers (accounting for 30%) will have a need for social housing. By 2030, there will be 396,897 workers, and it is expected that there will be about 119,069 workers and laborers (accounting for 30%) in need of social housing.
In the period 2021-2030, the Provincial People’s Committee plans to establish 32 industrial clusters with a total of about 35,709 workers and employees. Of these, there are 18,007 people (accounting for 50.4%) in need of social housing.
Through synthesizing data from districts, towns, cities and related units, the total need for social housing in the period 2021-2030 of the remaining target group is 19,474 people.
Through synthesizing data from agencies, units and localities, the total need for social housing in the province in the period 2021-2025 is 97,677 people, with an orientation to 2030 of 155,789 people. As follows:
To have a legal basis, as well as orient social housing investment to attract more investors to participate in social housing construction, the Department of Construction has implemented procedures to advise the Provincial People’s Committee to issueDecision No. 1683/QD-UBND dated September 14, 2022 of the Provincial People’s Committee approving the Project to develop social housing in the province for the period 2021 – 2025, orientation to 2030.
According to the Project by 2030, Binh Phuoc province hasMore than 156,000 people are in need of social housing. In the period 2022-2030, the province will implement 18 social housing projects for workers with an area of about 173 hectares, concentrated in the areas of Dong Xoai (02 projects), Chon Thanh (04 projects), Dong Phu (09 projects), Hon Quan (02 projects), Loc Ninh (01 project). Thereby, it will meet your housing needsabout 133,000 people (accounting for about 85% of total need). Of which, about 123,000 people belong to the worker group, 10,000 people belong to the remaining groups).
Accordingly, in the period 2021 – 2025, the province strives to build 10,995 apartments (998 apartments for low-income people, 9,998 apartments for industrial park workers); In the period 2026-2030, build 33,248 apartments (2,498 apartments for the target group. By 2025, solve the social housing needs for about 44,000 people in beneficiary groups. Of which, 40,000 people are in the group of beneficiaries). workers and 4,000 people from the remaining groups.
As of early 2023, the country has completed 301 social housing projects in urban areas, with a construction scale of about 155,800 units, with a total area of more than 7.78 million square meters; are continuing to implement (including projects that have been approved for investment and are under construction investment) of 401 projects, with a construction scale of about 454,360 units, with a total area of about 22.72 million square meters. , helping hundreds of thousands of low-income people and workers have a place to live.
However, according to the Ministry of Construction, with the number of completed worker housing of 2.7 million square meters (meeting more than 340,000 workers), it has only reached about 40% of the target for industrial park worker housing. until 2020), most of the remaining workers currently do not have stable accommodation and are living in boarding houses built by the people themselves.
Updated by the beginning of 2023 from more than 40 localities, the need for social housing for low-income people and industrial park workers in the period 2021 – 2030 is about 2.6 million apartments and the completion target for this period is about 1.8 million units.
Regulations on selling prices and rental prices of social housing are not consistent with reality: Regulations on conditions for people to buy or rent social housing are not really consistent with actual needs
Regulations on the responsibilities of relevant parties in the process of investment, construction, management and operation of social housing are not clear.
State budget capital is limited: State budget capital for social housing development is currently limited and cannot meet actual needs.
Credit capital still faces many difficulties in implementation: Commercial banks are not really interested in lending to invest in social housing construction due to low lending interest rates, long capital recovery period, and high risks.
Commercial banks are not really interested in lending to invest in social housing construction due to low lending interest rates, long capital recovery period, and high risks: Commercial banks usually only lend for investment. Investing in social housing construction with low interest rates and long capital recovery period, while investors need higher interest rates to ensure capital recovery.
Implementing Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the Socio-economic recovery and development program, the State Bank of Vietnam (SBV) has assigned the Bank for Social Policies (VBSP) mobilized 15 trillion VND through issuing bonds guaranteed by the Government to lend to social housing according to Decree No. 100/2015/ND-CP, Decree No. 49/2021/ND-CP. By May 17, 2023, outstanding loans for social housing according to Resolution 11/NQ-CP reached 5,144 billion VND; Thereby, helping more than 14.5 thousand low-income people “settle down and have a happy career” and contribute to the implementation of the National Housing Development Strategy for the period 2021 – 2030, with a vision to 2045.
Next, on April 1, 2023, the State Bank also issued Official Dispatch No. 2308/NHNN-TD to commercial banks and State Bank branches in provinces and cities on the implementation of loan programs for social housing and housing. workers, renovate and rebuild old apartments according to Resolution No. 33/NQ-CP of the Government.
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Above is general information about “Overview of the situation of social housing development in the provinces and cities of the Southeast region Provided by Sen Vang Group. Hopefully the above information will help developers, investors and real estate businesses have an overview of the situation of social housing development in the Southeast Region. In addition, to see more articles about project development consulting, readers can visit the website senvangdata.com. |
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