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Major cities building more cheap apartments

Vietnam’s major cities are gearing up to develop homes for workers, planning to construct small studios of some 25-50sq.m at the price of 150 million (6,500 USD) per unit.
Major cities building more cheap apartments ảnh 1Apartment buildings for workers at Thang Long Industrial Zone, Hanoi’s Dong Anh district (Photo: VNA)

Hanoi (VNA) - Vietnam’s majorcities are gearing up to develop homes for workers, planning to construct smallstudios of some 25-50sq.m at the price of 150 million (6,500 USD) per unit.

The Vietnam General Confederation ofLabour and Hanoi People’s Committee, at a recent dialogue with workers, saidthe capital city would develop small apartments at the price of some 5 million VNDper sq.m, but with adequate infrastructure and facilities such as schools andsupermarkets for workers.

This cheeredlow-income workers but also raised the question on whether the tiny flats woulddisregard plans and eventually turn into slums.

Previously, the Ministry of Construction gave its nod to the construction oftiny studios of 25sq.m while developing technical standards for apartments.

Statistics of the Vietnam General Confederation of Labour showed that therewere some 2.8 million workers at industrial zones, of which 1.7 millionrequired homes, but the current supply could meet only 8-10 percent.

The rest were forced to live in rented houses, mainly having poor livingconditions, which impacted health and productivity.

Amid high demand of homes for low income workers in major cities such as Hanoi,HCM City, Binh Duong and Dong Nai, efforts were hastened to build affordablehomes for workers.

The southern province of Binh Duong was the pioneer, building apartments worth 100million VND for workers and achieving success.

Earlier this year, HCM City began studying the feasibility of building smallaffordable homes in the city. The southern city’s People’s Committee recentlyasked the municipal Department of Construction to prepare the plan of housingdevelopment for workers by 2020 and submit it within the second quarter of thisyear.

Hanoi’s Department of Construction, meanwhile, recently proposed to check theavailable land bank for housing development for workers and raised plans forexpansion of the infrastructure system and social facilities such as schoolsand supermarkets. The capital city’s construction department will also studyand introduce model worker apartments, ensuring decent living standard atindustrial zones.

According to Nguyen Chi Thanh, deputy director of the Vietnam Association ofRealtors, developing affordable homes for workers is feasible if there isavailable land and special mechanisms for developers. - VNA
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