Real estate supply drops

Real estate supply drops

According to the Department of Construction of Ho Chi Minh City, from the beginning of last year to now, it has verified 42 projects that are eligible to raise capital for future products of 23,046 houses, including 21,821 apartments, 883 houses and 342 villas, worth more than VND56.25 trillion.
Social housing loan interest rate maintains at 5 percent

Social housing loan interest rate maintains at 5 percent

Preferential loan interest rate remains unchanged at 5 percent for purchase, hire or lease purchase of social housing projects in 2019 as per Vietnamese Prime Minister’s decision 225/QD-TTg, which took effect from the beginning of this year.

Capital shortage hinders social housing projects (Photo: SGGP)

Capital shortage hinders social housing projects

The social housing development program has achieved 30 percent of the goal of the national housing providing strategies because of a capital shortage, said the Ministry of Construction.