PRIVATE VS STATE HOUSING: A REVIEW FROM HANOI
With over 7.3 million permanent inhabitants (as of May 2018), of which almost 4 million live in urban areas, Hanoi is second only to Ho Chi Minh City as the largest and most dynamic housing market in Vietnam. The 12 central districts are home to 3.7 million people (Statistical Office, 2018). This is where the housing demand is as high as the population density, and continues to rise while the supply capacity, despite recent improvement, still has a long way to go to meet this demand. After the politico-economic reform began (in 1986) and especially since 2008 (when the capital city was enlarged), the housing market in Hanoi has become more dynamic, because new private-sector housing providers have been allowed and encouraged to participate in housing investment and development.
by Dr Quang Minh Nguyen
There are 12 housing types in Hanoi: traditional rural house; traditional urban house; colonial villa; colonial shophouse; five-storey collective block; self-built family house; self-built villa; social rental house; mini apartment building; standard row house; standard villa; and standard high-rise apartment building. The slum is not addressed in this article as the 13th housing type because it has never been officially regarded as housing and the city authority is trying to liquidate and replace it with decent social housing in the near future.