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blue-check Commercial housing projects must reserve 20% of land area for social housing

Official letter No. 4265/BXD-QLN dated September 1st, 2020 of the Ministry of Construction regarding how to calculate the proportion of land used for development of social houses in detailed planning schemes
Posted: 9/9/2020 2:09:41 PM | Latest updated: 11/9/2020 3:25:19 PM (GMT+7) | LuatVietnam: 5042

VietlawOnline

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.

Ms Phuong Thao (VietlawOnline.com)
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Related document(s)
blue-check Decree 100/2015/NĐ-CP - Quy định mới về nhà ở xã hội English attachment
red-check Law 65/2014/QH13 - Luật Nhà ở 2014 English attachment

Read more:

nexto  Regarding VAT, EIT policies applicable to projects on social housing for lease (28/4/2020) 

nexto  [Merged] - Standards and methods for determination of selling prices for social housing (13/3/2020) 

nexto  Regarding area to be reserved for lease of social housing (15/1/2020) 

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