According to Clause 1 Article 5 of Decree No. 100/2015/ND-CP, investors in commercial housing development projects in class 3 urban areas or above must reserve at least 20% of the total area of land in the detailed planning scheme for construction social houses.
The concept of “commercial housing development project” at the aforesaid regulation is construed as follows:
- “Commercial housing” means any house which is built for sale, lease, or lease purchase according to market mechanism;
- “Housing development” means the investment in building new housing, rebuilding housing or expanding area of housing.
|Decree 100/2015/NĐ-CP - Quy định mới về nhà ở xã hội|
|Law 65/2014/QH13 - Luật Nhà ở 2014|
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