8 Available housing projects in Hanoi that announce for foreign owners 

According to the draft amendment to Vietnam's Housing Law, foreigners can purchase and own a maximum of 30% of the total number of apartments in a building. Here is some information about available housing projects for foreign owners.

Information about available housing projects for foreign owners in Hanoi 

The Hanoi Department of Construction has announced eight housing projects are now available for foreign buying and ownership. These projects are located in the districts of Tay Ho, Long Bien, Bac Tu Liem, Nam Tu Liem, and Hoang Mai. Four of these were constructed by the Construction project owner - Sunshine Group. 

Foreigners are prohibited from purchasing houses and apartments in military or police land.

Real estate developers may enhance the progress of building and the quality of relevant services to attract foreign buyers and extend the lists of customers. The latest announcement can encourage Hanoi's property market, which could fall into recession due to recent monetary policies.

Authorities should limit the availability of land and the number of houses and apartments for foreign ownership. The administration of Vietnamese and local organizations differs from that of foreigners. Therefore, such limits will ensure social security in areas where Vietnamese and foreigners share living conditions.

Oustanding housing projects in Hanoi is available for foreign owners 

Among the 8 announced projects available for foreign owners, Sunshine Group has contributed to 4 projects, including: Sunshine Crystal River, Sunshine Golden River (Tay Ho District), Sunshine Green Iconic (Long Bien District) and Sunshine Capital Tay Thang Long (Bac Tu Liem district), are developed according to the philosophy of "end-users", bringing sustainable living values ​​to the community.

Thus, predicted that the "property market scenario" at the end of 2022 will increase in prices and this time is a good period for investors and potential buyers to purchase. The high-quality property from a reputable construction project owner will flexibly meet the law of supply and demand with the core values ​​of the product.

For more details about the available housing projects for foreign owners in Hanoi, please contact the sales department of Tan Long Land for more information through this hotline: 0986 720 720.