According to the Department of Construction, the city's housing demand for the 2016-2020 period is 40,000,000m2 and 45,000,000m2 for the 2021-2025 period. Forecast of housing demand in the period 2026 - 2030 is 50,600,000 m2 of floor area and period of 2031 - 2035 is 56,900,000 m2 of floor area.
Mr. Le Hoang Chau - Chairman of Ho Chi Minh City Real Estate Association (HoREA), said that currently Ho Chi Minh City has about 8.9 million permanent residents, including those registered for temporary residence over 6 months, with an average increase of 183,000 people/year for the last 10 years. Every year, Ho Chi Minh City has about 60,000 new babies and about 50,000 new married couples.
In particular, Mr. Chau cited data from the Department of Construction that Ho Chi Minh City has about 476,158 households without housing or living with parents, relatives, accounting for 23.46% of the total number of households. It is worth noting that there are about 21,000 households living on and around the canals and about 35,000 households living in the old apartments that need to be renovated, refurbished or relocated.
HoREA President said that the barrier for low-income people in urban areas when creating housing is the shortage of affordable and affordable commercial housing products, lack of social housing; lack of low-price rental housing. On the other hand, house prices are 20-25 times higher than average income while in developed countries, house prices are only 5-7 times.
Meanwhile, the State has not had a credit policy to support middle and low-income people in urban areas to create houses, except for the VND 30,000 billion credit package for the period of 2013-2016. The social housing policy under the Housing Law 2014 has only been able to support the house purchase credit for about VND 1,000 billion with 15-year installments.
Mr. Tran Khanh Quang, General Director of Viet An Hoa Company, said that in order to create conditions for people with houses, the city could consider about 10 hectares of land in development planning areas to build. housing for low-income people. If this can be done, the real estate market in Ho Chi Minh City will develop sustainably, do not deflect the supply and demand phase and reverse the situation of buying houses to invest more than buying houses to serve actual living needs as at present.
"Because of the supply-demand gap, people with stable monthly incomes cannot afford houses and social housing falls into the hands of buyers to invest, accidentally pushing up home prices. In addition, HCMC There is a need to have a policy of legal support to build 40-50 m2 houses for low-income people, and interest rate support policy for first-time buyers at 6 -7%, which is 3-4% lower than the market, in the first 3-5 years so people can buy houses", Mr. Quang added.
According to Mr. Nguyen Thanh Phong - Chairman of Ho Chi Minh City People's Committee, there are still a large proportion of workers, especially immigrants, low-income people living in cramped, old, unsecured conditions about hygiene and safety. Most of these subjects are not able to own houses, even to rent houses with suitable prices is difficult.
Therefore, the focus on building housing development mechanisms and solutions to ensure social security, especially social housing, affordable housing for rent to meet the huge demand for housing for low-income people, immigrants are big demands for a special city with a high level of urbanization like HCMC.
Regarding the housing development orientation of Ho Chi Minh City for the period of 2021 - 2035 is to develop housing to ensure compliance with the city's construction planning in the direction of smart cities, maximizing the efficiency of information technology and utilities of the urban areas and housing towards modernization, energy saving, sustainable development...
At the same time, housing development is associated with the development of Ho Chi Minh City from a regional development perspective, Ho Chi Minh City is a multi-center city with modern transport system, connecting satellite towns and nuclear cities. Invest in developing a complete and complete urban infrastructure system, focusing on regional connectivity to create a solid basis for housing development...
Promote the development of condominiums in the direction of increasing the proportion of condominiums in the total number of newly developed houses annually, increasing the proportion of houses for rent and encouraging the development of social housing suitable affordability for low-income people, especially social housing for rent...
In addition, Ho Chi Minh City will have a priority policy, encouraging businesses to participate in the development of social housing, affordable housing, cheap housing. For managers, the Ho Chi Minh City People's Committee will request departments and agencies to accelerate the resolution of administrative procedures related to housing, especially social housing.
In terms of housing support policy for some cadres, civil servants, the city has also raised the social housing loan for officials, public servants and public employees from 500 to 900 million dong, interest loan rate of 4.7%/year for a period of 15 years to buy houses, so far, the capital has disbursed 15,000 billion VND…
Mr. Nguyen Van Sinh, Deputy Minister of Construction, said that in the coming time, in order to build housing for people effectively, the city needs to review land use plans to arrange houses in a reasonable way for specific circumstances, avoid scratching, spreading; the city needs to strengthen the direction to promote management and development of social housing for low-income people in the districts, evenly distributed; focus on mobilizing financial resources from socialization to have more housing supply for the plentiful people to choose.
At the same time, creating favorable conditions for people to buy houses and rent long-term and pay in installments monthly to have a dream house; continue to step up administrative reforms, accelerate the specific planning of sub-areas of projects and publicize them to people, avoiding the case of buying "virtual" projects and ghost projects; strengthening inspection and checking of housing projects, speeding up the implementation of the project and in a way that benefits people...
According to Nam Phong