Ho Chi Minh City plans to build 367,000 more houses by 2025, totaling 50 million sq m. The average housing area in the city will increase to 23.5 sq m per person by 2025 and 26.5 sq m by 2030. According to calculations by the city’s Department of Construction, about VND1.52 quadrillion ($65.62 billion) is needed to implement projects within the city’s housing development strategy in the 2021-2030 period.