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Daily real estate roundup: Expanding supply, social housing momentum and tourism urban development

The real estate market is witnessing notable developments across several localities. From now until 2030, Bac Ninh aims to build, complete and put into use 72.62 million square meters of floor area, equivalent to approximately 511,600 commercial housing units. Meanwhile, in the affordable apartment segment, although many units have been discounted by several hundred million dong to as much as one billion dong after a two-year period of rapid price growth, transactions remain difficult because of buyers’ limited purchasing capacity. Experts say suitable prices, affordable products, flexible payment policies and the removal of legal obstacles are important factors in improving market liquidity. The demand for optimized living space is also reflected in small-apartment designs, such as a 27-square-meter apartment using an interconnected layout and multifunctional furniture, or a 43-square-meter house arranged to provide sufficient space for six people through the use of wooden box-like structures.

In the social housing segment, 458 units at Ham Kiem 1 Industrial Park in Lam Dong have been announced with selling prices ranging from VND 613 million to nearly VND 1.49 billion. Applications to purchase the homes will be accepted for one month. However, young people still face three major barriers: financial difficulties, limited information and complicated procedures. Another proposal concerns an escrow account receiving 5% of the final value stated in the housing documents, with the interest recipient and fee payer needing to be clearly identified. Regarding public assets, the Ministry of Finance has asked ministries, sectors and localities to accelerate the handling of surplus houses and land after administrative rearrangements, completing the process in 2026 and preventing the assets from being left unused.

In local markets, Ha Tinh has approved the investment policy for the Thien Cam eco-tourism urban area, covering more than 180 hectares with total investment of over VND 17 trillion. Thanh Hoa has allocated nearly 43 hectares in Sam Son Ward to Sun Group for two component projects within the nearly billion-dollar Sam Son coastal tourism urban complex. Da Nang continues to promote policies to attract high-quality international talent, creating room for apartment projects along the Han River, while Ecopark Hai Duong and Hoang Long Hanoi Group have proposed developing a high-end urban and resort area in Moc Chau. The Grand Ho Tram began handing over additional beachfront resort homes in September. In Dong Thap, IDICO broke ground on the 470-hectare Tan Phuoc 1 Industrial Park, which is expected to welcome investors from the first quarter of 2027 and create jobs for around 20,000 workers. From a financial perspective, outstanding loans for tourism and resort real estate in Ho Chi Minh City reached approximately VND 30 trillion, but still accounted for a small share of real estate credit. Profits at many listed property companies rose mainly from transfers, divestments and financial income, while their core business performance remained weak.

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