Vietnam eyes raising average floor area per person to 27 sq.m by 2025

Vietnam is looking to increase the average housing floor area per person to 27 sq.m by 2025 (Photo: VNA)

Vietnam is looking to increase the average housing floor area per person to 27 sq.m by 2025, in which the floor area per person will be 28 sq.m in urban areas, and 26 sq.m in rural areas.

The target is set in the national housing development strategy for the 2021-2030 period recently signed by Deputy Prime Minister Le Van Thanh.

By 2030, Vietnam strives to increase the proportion of solid houses nationwide to 85-90 percent, with 100 percent in urban areas and 75-80 percent in rural areas; and equip 90 percent of houses nationwide with electricity and water supply and wastewater drainage systems.

The strategy also sets the goal of developing and repairing more than one billion sq.m of houses, equivalent to about 11.9 million apartments.

It is to create conditions for everyone to have a place to live and focus on improving the quality of housing, as well as implementing the trend of green and smart housing development.

In addition, the housing development must include urban development, urban embellishment and re-construction of old apartment buildings. The housing development in the post-COVID-19 period will be implemented according to targets on sustainable real estate market development.

The strategy aims to establish the orientation of national housing development activities and local housing development programmes, and increase rental housing products and promote the development of commercial housing with medium areas and reasonable prices, meeting the needs of people. The renovation and reconstruction of old apartment buildings in urban areas will also be promoted.

The strategy focuses on renewing specific policies for each kind of housing and the target group of social housing policies including workers and low-income people in urban areas, and officers and soldiers of the people's armed forces.

Regulations on housing management and development are also amended according to housing development master plans, strategies and programmes.

Vietnam’s average housing floor area reaches 25sq.m per person in 2021, one sq.m higher than that of 2020, according to the Ministry of Construction/.