It is forecast that the city will need more than 39 million sq.m ofhousing area during 2016-2020, and nearly 46 million sq.m during 2021-2025.
To realise the targets, the committee has developed and submitted to themunicipal People’s Council a new housing development programme, which emphasizesthat housing development must go hand in hand with technical and social infrastructure.
Under the programme, priority with be given to high-rise housing with aview to using land effectively and creating more space for transport, greeneryand parking. Apartment blocks will account for 90 percent of new housing projects.
From now to 2020, bidding will be held to select investors for newhigh-rise apartment blocks along major transport routes in six urban districts,which are Districts 2, 7, 9, 12, Thu Duc and Binh Tan, to replace old anddegraded residential areas.
The city will also encourage the development of low-cost commercial andsocial housing through providing preferential credit, in order to reduce unlicensedand illegal housing construction in rural areas.
In the downtown area (Districts 1 and 3), priority will be given toupgrading or replacing old apartment blocks built before 1975, and no new highrise housing projects will be allowed until 2020.
For the remaining 11 urban districts (Districts 4, 5, 6, 8, 10, 11, TanBinh, Tan Phu, Phu Nhuan, Go Vap and Binh Thanh), new high rise housingprojects will be limited except for those which can ensure synchronous technicaland social infrastructure.
In the five rural districts (Cu Chi, Hoc Mon, Binh Chanh, Nha Be and CanGio), new housing projects will be encouraged in towns and rural residential toease population pressure in urban areas. New projects will not be allowed inareas without infrastructure planning.-VNA