HCMC sets sights on exceeding 100,000 social housing mark by 2030

Ho Chi Minh City is committed to surpassing its goal of developing 100,000 social housing units by 2030.

Speaking at a conference on June 2, Chairman of the HCMC People’s Committee, Mr. Nguyen Van Duoc, highlighted the importance of National Assembly Resolution 201/2025/QH15, which introduces groundbreaking mechanisms and policies to address existing challenges in social housing development.

He emphasized that five social housing projects have already been completed and put into use, providing 2,377 units, along with a partially completed worker accommodation project comprising 368 units.

Additionally, four ongoing projects—totaling 2,874 units—are expected to be completed by the end of 2025, ensuring the city meets its social housing target for the year.

Legal procedures are also being expedited to begin construction in 2025 for 16 new projects, bringing 14,326 apartments, while preparations for 22 more projects—totaling 32,784 apartments—are set for launch in 2026.

“The city has identified that preparing land funds for social housing development by 2030 is critical to achieving the 100,000-unit target, as directed by the Prime Minister,” stated Mr. Duoc.

The city has allocated a total land fund of 1,400 ha for social housing development, including 661 ha for 116 ongoing projects and an additional 739 ha currently under study for allocation in the city's revised master plan.