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Thursday, September 29, 2022

HCMC to start work on 3,000 social homes before month-end

The Saigon Times

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HCMC – HCMC will start work on four housing projects with over 3,000 units for low-income earners before Reunification Day on April 30, said a local news report.

Work on one of the four projects will start on April 25 at the Linh Trung 2 Export Processing Zone in HCMC’s Thu Duc City to provide 360 social homes for factory workers, Dan Viet news site reported.

A day later, work will begin on a project to build a social residential building in Binh Hung Commune, Binh Chanh District. The project, which covers 3,700 square meters, will have a total of 242 homes.

The city will start the construction of a social housing block with 726 units in Long Truong Ward of Thu Duc City on April 27.

A resettlement project with 1,750 homes for residents at Thanh Da residential blocks in Binh Thanh District will get off the ground.

Tran Hoang Quan, director of the HCMC Department of Construction, said at a conference on social housing projects that his department had proposed reviewing commercial housing projects which are required by law to set aside 20% of their land to build social homes. The city has 34 housing projects and if they are carried out, the city would be able to have more than 70,000 social homes.

Data of the HCMC Construction Department shows that in 2016-2020, the city put into use 19 social housing projects with a total floor area of 1.2 million square meters and around 15,000 units.

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