HCMC Planned To Develop Housing In 2016-2020

Housing development program in HCMC period 2016 – 2020, orientation to 2025 will be submitted to the People’s Council of Ho Chi Minh City for approval in the mid-2017 session.

You can read more information at Vietnam Real Estate Market

The HCM City People’s Committee has assigned the Department of Construction to carry out the contractor appointment procedure, approve the contractor selection plan, sign contracts with consultancy units to study the construction of housing development program in Ho Chi Minh City. 2016 – 2020, orientation to 2025.

At the same time, building the Housing Development Plan 2016-2020 and 2017, timely submitted to the People’s Council of Ho Chi Minh City for approval in the mid-2017 session.

Housing development plan 2016 - 2020

The housing development program in HCMC from 2016 to 2020 will be approved in July

Relevant departments and committees and committees of 24 districts should cooperate to carry out statistics, survey and provide information related to the current status of housing and the need for housing.

Specifically, the Housing Development Program in the period 2016-2020 will have an overview of the natural and socio-economic conditions of Ho Chi Minh City, analyzing and assessing the status of housing, demand forecasts housing and development indicators, progress and responsibilities of the parties … The total budget for the program is more than VND2.3 billion.

See more information at Vietnam Real Estate Investment

The project will explore the location, area of housing development, total floor area of housing construction in each year and five-year plan. Clarify the percentage of individual dwellings, apartments to be built and social housing to be built.

In addition, the program identifies the average housing area in urban and rural areas and the minimum housing area. Specifying the land area for construction of dwelling houses for 5 years and annually.

Identify funds for the development of housing.

To build the program, the Department of Construction will work with the project management of urban areas: Thu Thiem, South Saigon, North West … and districts to listen to suggestions.

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