According to the housing development plan to 2030, Hanoi will balance capital sources to accelerate the progress of investment projects to build housing and social housing, along with focusing on developing satellite towns.
Law projects impacting housing development
A positive signal that contributes to the realization of Hanoi’s housing development plan is that the Housing Law (amended) project will be considered and commented on by the National Assembly at the next meeting. The new addition of social housing has a positive impact on the market.
In particular, the draft Law on supplementing the content of developing worker accommodation in Section 3 (from Articles 98 – Article 107) on the development of accommodation for workers, removing practical obstacles in development. housing for industrial park workers for decades. Under this new regulation, accommodation for workers is also entitled to incentives such as land allocation without land use fee; tax exemption and reduction, loans with preferential interest rates like social housing.
Along with that, in the project of the Law on Supplementing the incentives for profits earned from business, the area of 20 % of commercial housing construction is accounted for separately used to support the construction of the project’s technical assistance. The business part of this commercial housing area is separately accounted and used to invest in the construction of the project’s technical infrastructure system. This new regulation provides additional support for investors to encourage investment in social housing.
The Housing Law Project (amended) also adds 10% of the land use levy collected from commercial and urban housing development projects in the area to supplement the local development investment fund. for investment in construction of technical and social infrastructure and houses for rent as prescribed in Clause 3, Article 91. The highlight of this content is to clarify the additional capital source for investment in social housing development. , especially housing for rent.
Besides taking advantage of the Housing Law project (amended), Hanoi focuses on developing satellite towns and areas expected to develop into districts; building a model of a city directly under the Capital in the North (Dong Anh, Me Linh, Soc Son) and the West (Hoa Lac, Xuan Mai regions). Besides, building a smart city on the basis of regional development on both sides of Nhat Tan – Noi Bai axis; focusing on implementing planning, investing in construction, stabilizing the population on both sides of the Red and Duong rivers…
Many solutions to promote housing development
The city’s housing development in the period of 2021 – 2030 is associated with renovation, improvement of planning quality, strict control and management according to planning, minimizing the adjustment of planning; strictly manage high-rise housing development and population growth in the central urban area. At the same time, urban development and modernization are associated with urban economic development in a sustainable way.
In addition to housing development, ensuring synchronous technical and social infrastructure, and economical and efficient use of land fund, Hanoi also focuses on developing a variety of housing types, including residential houses. social housing, apartment buildings, houses for rent, housing for workers in industrial zones to meet the housing needs of all classes of the population, especially those who are entitled to housing support policies. ..
Housing development solutions need to focus on infrastructure synchronization (Photo: TN)
According to the city’s housing development plan for the period of 2021 – 2025, Hanoi aims to develop about 44 million m2 of residential floors. In which, in 2021, to develop 88,000m2 of social housing, 106,000m2 of resettlement housing, 573,000m2 of commercial housing. But the implementation of housing and urban development projects has actually encountered difficulties, leading to a number of projects not being completed on schedule.
Specifically, in 2021, there are 12 completed housing construction investment projects, including 2 social housing projects (88,221m2 floor), 4 resettlement housing projects (105,760m2 floor), 6 projects commercial housing project (351,924m2 floor). Compared with the plan, it can be seen that the new development area of commercial housing did not meet the set target, leading to the new average area of 27.3m2 of floor/person (plan was 27.6m2 of floor/person). .
To speed up the progress of housing construction investment projects, urban areas and cities have balanced and allocated enough capital to implement investment projects on housing construction and resettlement. Implement investment procedures to build concentrated social housing areas, houses for rent to serve workers and workers in industrial zones and clusters.
At the same time, organize the inspection of projects, focusing on slow-moving projects in 2021 and 2022, proposing solutions to remove difficulties, speeding up site clearance and project implementation. For projects that are slow to deploy, have low capacity, and are deliberately sluggish, they will be withdrawn for bidding to select another investor. After that, the violation information will be publicized, included in the evaluation criteria and not allowed to participate in the implementation of similar projects in the city.