July 30, 2026 | 06:30

HCMC proposes raising social housing income ceiling to $2,300 per month

Thiên Di

If approved, monthly net income requirements will be adjusted for eligible groups, including low-income urban residents, workers, civil servants, and public employees.

HCMC proposes raising social housing income ceiling to $2,300 per month
Illustrative image: Thiên Di

Ho Chi Minh City has proposed increasing the income eligibility threshold for purchasing social housing to a maximum of VND60 million ($2,280) per month for married couples and VND30 million ($1,140) per month for single individuals, depending on specific groups.

The HCMC Department of Construction recently submitted a draft to the Municipal People's Committee to amend and supplement Decision No. 14/2026/QD-UBND. The draft seeks to adjust income coefficients and add policies to make social housing more accessible to local residents.

According to the draft, the  adjusted income coefficients  reflect HCMC’s actual living conditions while ensuring consistency with the Government’s Decree No. 136/2026/ND-CP. Two proposed coefficient options stand at 1.1 and 1.2.

If approved, the monthly net income requirements will be adjusted for eligible groups, including low-income urban residents, workers, civil servants, and public employees.

Under the 1.1 coefficient scenario, for single individuals, income must not exceed VND27.5 million (over $1,000)/month; single parents, income must not exceed VND38.5 million (nearly $1,500)/month; married couples, total combined income must not exceed VND55 million (over $2,000)/month.

Under the 1.2 coefficient scenario (proposed for households with three or more dependents), for single individuals, income must not exceed VND30 million ($1,140)/month; single parents, income must not exceed VND42 million ($1,600)/month;  and married couples, total combined income must not exceed VND60 million ($2,280)/month.

In addition to raising the income ceiling, the draft proposes prioritizing households with three or more dependents, allowing them to select larger apartments or units with two or more bedrooms.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate