Mini apartments will be granted pink books but will be managed more strictly.

On the morning of December 25, the Office of the President held a press conference to announce the President's order promulgating the laws passed by the 15th National Assembly at the 6th Session.

Seven laws were passed by the 15th National Assembly at its 6th session, including: Law on Telecommunications; Law on Management and Protection of National Defense Works and Military Zones; Law on Identity Cards; Law on Housing; Law on Water Resources; Law on Forces Participating in Protecting Security and Order at the Grassroots Level; Law on Real Estate Business.

Regarding the Housing Law, at the press conference, Mr. Nguyen Van Sinh - Deputy Minister of Construction said that the Law has 13 chapters with 198 articles, effective January 1, 2025. The Law has stipulated the program and plan for housing development at the provincial level, in which the regulation on annual housing development plan is removed.

The Law provides stricter regulations on adjusting housing development programs and plans; removes the requirement to consult the Ministry of Construction when carrying out procedures for construction and approval of housing development programs and plans.

Notably, the 2023 Housing Law has added regulations on the development of multi-storey, multi-apartment housing for individuals (also known as mini apartments) for sale, lease-purchase, and lease in a stricter direction on investment and construction conditions to ensure the safety of people's lives and property.

Real Estate - Mini apartments will be granted pink books but will be managed more strictly — The Housing Law (amended) has added more stringent regulations on the development of multi-storey, multi-apartment housing by individuals for sale, lease-purchase, and lease.

Responding further to the above content at the press conference, Deputy Minister Nguyen Van Sinh said that the construction of individual houses has been regulated, however, there have been shortcomings in implementation.

Therefore, in the process of amending the Housing Law this time, the development of multi-storey houses and individual apartments for sale and rent, as well as the granting of certificates, are among the policies that are being revised to ensure stricter regulations than before.

Article 57 clearly states the regulations related to the development of multi-storey houses and apartments for sale and rent by individuals. It includes a number of requirements, such as investment in construction must comply with the provisions of the law on construction as well as other relevant regulations.

Notably, the amended Law stipulates that mini apartments (houses with 2 floors or more, each floor is designed with an apartment, or 2 floors with a scale of 20 apartments or more) that meet the conditions will be granted a certificate according to the land law (also known as a pink book). These apartments can also be sold, rented, or leased under the provisions of the Housing Law and the law on real estate business.

For mini apartments (houses with 2 floors or more and a scale of less than 20 apartments, each floor has a design) for rent only, individuals with land use rights must meet 3 conditions. First, meeting the requirements for housing construction according to the regulations of the Minister of Construction. There will be specific regulations on this content in the future. Second, meeting the requirements for fire prevention and fighting.

Third is to meet traffic requirements for fire fighting vehicles to perform fire fighting tasks at multi-storey residential buildings with many individual apartments according to regulations of the Provincial People's Committee.

Encourage businesses to participate in investing in social housing

Another notable new point in the revised Housing Law is the policy on social housing. According to Mr. Sinh, the Law clearly defines the responsibility of allocating land for social housing development as the responsibility of local authorities.

In the process of establishing and approving construction and urban planning, the Provincial People's Committee must allocate sufficient land for social housing development according to the approved housing development program and plan.

He emphasized that delegating power is linked to responsibility to create a flexible mechanism for local implementation.

The Law adds two new forms: developing workers' accommodation and developing housing for the people's armed forces.

Accordingly, in addition to being allowed to buy, rent, or lease-purchase social housing, workers and laborers in industrial parks are also allowed to rent worker accommodation in industrial parks; people's armed forces are allowed to buy, rent, or lease-purchase housing for people's armed forces.

At the same time, it is proposed that enterprises, cooperatives, and cooperative unions in industrial parks be allowed to rent worker accommodation in industrial parks to arrange for their workers and employees to rent.

A notable new point is the addition of a regulation allowing the Vietnam General Confederation of Labor to be the governing body for investment projects to build social housing using trade union financial resources for workers and laborers who are eligible for social housing rental policies ...

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