At the same time, policies promoting affordable housing are being pushed forward, opening more opportunities for people seeking homes for their own use.

At the Government February regular press conference for February 2026, Ha Quang Hung, Deputy Director of the Housing and Real Estate Market Management Agency under the Ministry of Construction (MOC), said many projects that faced legal obstacles would be cleared this year so they can resume implementation.

According to Hung, projects that have completed legal procedures and are eligible for implementation will be strongly promoted, helping housing increase significantly compared with 2025.

Unlocking projects will not only bring new supply but also help regulate housing prices and reduce the pressure seen in recent times. People with real housing needs will have better conditions to access homes that match their incomes.

“The segments expected to grow strongly include social housing, housing for factory workers and low-cost commercial housing. These will be prioritized for development in the coming period,” Hung said.

Since the beginning of the year, many social housing projects in Hanoi have started opening for sale or receiving purchase applications.

For instance, at the Kim Hoa urban housing area in Tien Thang Commune (formerly Me Linh District), the CT2 project is receiving registrations for 240 apartments with a price of about VND19.8 million per sqm (VAT included, maintenance fee excluded).

In the first quarter of 2026, the social housing project in the Ha Dinh new urban area (Thanh Liet Ward) is also expected to receive apartment purchase applications. According to the Hanoi Department of Construction, the temporary selling price is about VND25 million per sqm. At this price, an apartment with an area of 70 m2 costs about VND1.75 billion.

Another project is the Tan Lap social housing area in O Dien Commune, developed by Asia Star Development Investment JSC, which is also preparing to receive housing applications from May 1 to May 15, with a price of about VND29 million per sqm (excluding taxes, fees, and maintenance costs).

Not only the management agencies but many real estate enterprises have also launched social housing investment plans this year.

Viglacera Corporation has prepared clean land to develop about 10,000 social housing and worker housing units in many localities such as Hanoi, Quang Ninh, Bac Ninh, Phu Tho, and Ninh Binh. Previously, in 2025, this enterprise completed 8,000 social housing units, accounting for about 8 percent of the total social housing units completed nationwide.

In Hanoi, two social housing projects by the enterprise and its joint venture - CT3 in the Kim Chung new urban area, Thien Loc Commune, and the Tien Duong Park City concentrated social housing area, were also launched in 2025. The total supply of these two projects reached about 4,700 apartments, meeting housing needs for nearly 18,000 people.

Notably, the Thang Long Green City project once drew market attention when it opened for sale at VND18.4 million per sqm (VAT and maintenance fee included), the lowest price among social housing projects in Hanoi currently.

Beside increasing social housing supply, MOC is currently seeking comments on a draft Government Resolution to pilot the development of affordable housing. According to the draft, the policy will have many points of difference compared to ordinary commercial market housing.

MOC believes that this policy will contribute to creating a supply of affordable commercial housing, adjusting the currently imbalanced market structure, thereby pulling down general price levels and increasing the ability to access housing for people with average incomes and real needs.

Nguyen Vu Cao, Chair of the Board of Directors of Van Khang Phat Group (Khang Land), believed that new policies along with the cleared supply will help the real estate market enter a more stable phase. Homebuyers will have more choices and will no longer face as much pressure as before.

According to him, people with real home-buying needs should monitor the market and carefully consider the timing and suitable products instead of rushing to put down money.

The removal of project legal hurdles, the increase in social housing supply, and the affordable housing development policy are opening up expectations for a new cycle of the real estate market. In that context, homebuyers will have more opportunities to find a suitable place to settle after many years of supply shortage and continuously escalating house prices.

Hong Khanh