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National Assembly deputies: tighten resale price rules for social housing after 5 years

During the National Assembly's session on October 28 discussing the draft amended Law on Housing, several deputies commented on resale prices of social housing after 5 years. The draft requires that, after 5 years from full payment, buyers may transfer homes only to people eligible to buy them, instead of selling freely on the market as current law allows. Deputy Lý Anh Thư supports curbing speculation but says the draft lacks principles for setting resale prices, which could be based on the original purchase price and an adjustment coefficient; deputy Thạch Phước Bình worries that capping prices too low would limit owners' property rights. Some deputies propose transitional provisions for those who have met or are about to meet the 5-year threshold, and linking housing data with land and population data to manage the whole process of selection, allocation and use.

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Original headline: Đại biểu Quốc hội: Cần siết giá bán lại nhà ở xã hội sau 5 năm

Read the original on VnExpress ↗

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ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap12,681 bn VND
P/E66.0
P/B0.89
Close on 10/28/20269.99
Change that session-0.10%
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MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap11,084 bn VND
P/E18.0
P/B0.89
Close on 10/28/202623.00
Change that session+0.66%
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