Conditions on social housing announced

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The eligible include (1) people with merits; (2) public officials and civil servants working for administrative offices, business units, Party and union organizations; (3) armed force officers and soldiers; (4) workers working at industrial parks, complexes, production and service sites; (5) low-income people, poor households in urban areas; (6) disabled people, lonely older people, (7) people who return public houses; and (8) households and individuals who have to resettle, but yet have land allocated or resettlement houses.  

The eligible have to advance 20% of total value of the home.

Social houses can be resold or transferred after at least 10 years, the duration which will enable the owners to pay for the property and earn a housing ownership certificate.

Individuals who declare false information to purchase these houses will be forced to return the property.

The decree will take effect on June 6, 2013./.

By Khanh Phuong