Vietnam Developers Plan More $44,000 Apartments

Multiple real estate developers aim to build apartments worth 1 billion Vietnamese dong (about $44,150) per unit this year, raising hopes of cooling the thirst for affordable housing, VN Express reported.

Real estate developer Hung Thinh Corp, construction material manufacturer Dong Tam Group and wood company Truong Thanh Furniture Corp announced that they would kick-start their affordable housing initiative this year to target the rising demand for cheaper homes.
Read the full report: VN Express.

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Tags: Affordable Housing

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.