The most outstanding advantage of social housing is that it has a lower price than commercial housing. In particular, buyers are also supported with home loans for a period of 1 - 5 years with low interest rates.
However, people who can buy social housing need to ensure the following factors:
Housing conditions : Not owning a house or not renting/buying a state-owned house.

What conditions do buyers need to buy social housing?
Owning a private house, but the floor area per member is less than 8m2/person. Or the house is damaged, dilapidated, or temporary.
The average monthly income of the purchasing household must not exceed 5 times the total monthly installment amount for an apartment with a maximum area of 70m2 and must not be less than 4 times the monthly installment amount for a house with a minimum area of 30m2.
Residence requirements: Buyers must have a household registration in the province or city where the social housing is sold. If they do not have a permanent residence, they must register for temporary residence for a minimum period of 1 year in the province or city where the social housing is provided.
Income requirements: Subjects such as people with revolutionary contributions, state officials and civil servants, households and individuals whose land has been recovered and cleared without compensation do not have income requirements; Subjects who are poor or near-poor households need to have an authenticated book; Other subjects in the group eligible to buy social housing must not be subject to personal tax.
To apply for social housing , buyers need to prepare documents such as: Application for social housing purchase (issued according to available form); Buyer's identity card (3 notarized copies); Permanent or temporary residence registration, marriage status certificate (3 notarized copies); Photos (3x4) of family members, 3 photos/member; Other evidence such as housing status, income.
Ngoc Vy (synthesis)
Useful
Emotion
Creative
Unique
Wrath
Source
Comment (0)