Ministry of Construction responds to conditions of transfer of social housing

Borrowers pay 30,000 billion VND to buy social housing but less than 5 years, have not fully paid the loan to transfer the apartment to the eligible person and he or she can continue to repay the bank?

According to the provisions of Clause 6, Article 13 of the Government’s Decree No. 188/2013 / ND-CP of November 20, 2013 and Clause 5, Article 19 of Decree No. 100/2015 / ND-CP, On 20/10/2015 of the Government on the development and management of social housing, within 5 years from the time of full payment for the purchase of social houses, if the buyer needs to resell the house. In society, it is only allowed to resell to investors of social housing construction projects or sell them to social housing purchasers.

Where the social house purchasers resell social houses to social housing purchasers within 5 years after the full payment for the purchase of social houses is made, Borrowing 30 trillion dong worth of loans and wanting home buyers to continue paying off their debts, people are contacting the State Bank or the Bank for direct lending to be guided in accordance with their authority.

Develop social housing that always receives the attention of the State, enterprises and people. In 2016, this program has achieved positive results, contributing to the settlement of nearly 500 thousand low-income people, workers in urban and industrial (IP).

According to statistics, from 2009 up to now, the country has completed the construction of 179 projects for developing low-income society, while the urban area, industrial zone, with about 71,150 apartments, equivalent to about 3, 7 million m2, total investment is about 25,900 billion (including 97 projects for workers in industrial zones, 82 projects for low-income people).

It is written that the Government is continuing to improve and accelerate the implementation of policies and programs for the development of social security under the law on housing and the national housing development strategy to 2020 with a vision to 2030. Being mention.

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  • Germany “overtakes” Britain becomes the most exciting real estate market in Europe

    In the end of 2016, the German real estate market surpassed the total value of € 59 billion, becoming Europe’s most active commercial real estate market.

    By the end of 2016, Germany has become a safe market in Europe due to its strong economic growth and relatively stable political and real estate market diversity. So although the investment volume fell 14% earlier this year, however, global real estate consultant Knight Frank still believes that 2017 will also be a “flourishing” year for Germany.

    So, what makes Germany “overtake” Britain to become the most exciting real estate market in Europe? Learn with Homedy right in the article below:

    In 2016, about 55% of total trading volume was spread over 7 key cities including Berlin, Hamburg, Munich, Cologne, Dusseldorf, Stuttgart and Leipzig. Especially with a midsize city like Leipzig, it can be said that last year attracted huge investment unprecedented.

    More than 60% of investment transactions in 2016 involve German investors compared to foreign investors. The evidence is in Berlin, Munich and Frankfurt, the segment of rental housing, office rent growth strongly.

    Berlin has become a popular European innovation center, meaning the number of offices has increased the most in the past three years, convincing investors with a total transaction value of 5.7 billion Euro in 2016.

    Along with the growth of Berlin, Frankfurt is in no hurry to become a city with more than 230 national and international banking institutions headquartered in 2016. Achieving the highest rental rates since the crisis Global financial year 2007 with a total area of ​​530,000m2.

    In fact, about 4.7 billion euros have been invested in commercial property in Frankfurt in 2016 and although office investment has been limited, the office sector still attracts 3.3 billion euros.

    Meanwhile, Munich is Germany’s second largest employment hub, with about 30,000 jobs created annually. Therefore, the segment of office leasing is always in high demand throughout the country. A total of 780,000 sq m of leased office space by 2016, this is considered to be one of the highest totals ever recorded. Munich became Germany’s second most prominent destination for investors, with a total value of 5.5 billion euros.


    James Roberts, Knight Frank’s economist, said: “Germany is one of the leading economies that will become the leading destination for real estate investors in Europe by 2016.” .

    On the same issue, Joachim von Radecke, head of research for the major European property markets of Knight Frank, said: “With seven key cities with distinct characteristics of occupational needs, Continue to help Germany make important differences compared to other European markets.

    Accordingly, with seven key cities and the leading advanced economy, 2017 promises to remain a vibrant year of excellence in the German market. Reach the number of transactions beyond expectations and master the leading position in Europe.

    Hope the information above will be useful to you!

    Source (Internet)

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