Construction Minister Trần Hồng Minh said social housing is a humanitarian policy supporting low-income people, so after 5 years it cannot be resold at market price and must be sold to the eligible beneficiaries to prevent policy abuse. Most National Assembly deputies supported the policy but asked for controls on selling prices after 5 years, while some proposed that owners transfer only to investors, who would then resell to buyers. Current social housing prices range from VND 15-29 million per m2 depending on the locality, reflecting construction, infrastructure and interest costs. From now to 2030, localities are assigned 899,857 units for development, including 191,023 rental units; Ho Chi Minh City has the highest target at 181,257 units. The National Assembly will vote on the draft Law on Housing (amended) on November 21, and if passed, it takes effect July 1, 2027.
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Original headline: Bộ trưởng Xây dựng: Nhà xã hội sau 5 năm không được bán lại theo giá thị trường
Read the original on VnExpress ↗
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/28/2026 | 1,766.65 |
| Change that session | +0.27% |
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