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blue-check It is not allowable to execute commercial housing projects on land for trading and service

Official letter No. 1631/BXD-QLN dated May 12th, 2022 of the Ministry of Construction regarding application for modifying a construction project
Posted: 20/5/2022 9:25:34 AM | Latest updated: 31/5/2022 8:23:46 AM (GMT+7) | LuatVietnam: 5458 | Vietlaw: 572
VietlawOnline

Based on Article 4 of Law No. 03/2022/QH15, the Ministry of Construction notes that in case an investor only has the right to use land for trading and service, it is not eligible for approval of investment policy at the same of approval for investor of the commercial housing project; it is required to hold a bidding to select investor.

One of the conditions for approval of investment policy and approval for the investor of the commercial housing project at the same time according to Article 4 of Law No. 03/2022/QH15 is that the investor must have the right to use residential land and other types of land other than residential land that meet requirements for change in purpose of land use for execution of the project.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 572

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Land and Housing

blue-check
blue-check It is not allowable to execute commercial housing projects on land for trading and service
blue-check Foreign organizations may not purchase commercial houses in social housing projects
blue-check Foreigners are not allowed to own commercial apartments of social housing projects
blue-check Regarding procedures for recognition of a commercial housing project owner
blue-check [Merged] - Regulation on management and use of apartment buildings
blue-check [Merged] - Regulations on housing ownership and sale, purchase
blue-check Amendments to some regulations on disposition of public property
red-check It is exempt from submission of identity card and family register upon issuance of certificate of land use right, house ownership
blue-check Abrogation of some procedures for investment in housing project
blue-check [Merged] - Regulations in detials of 2015 Law on Housing
blue-check Guidelines on formulation of plan for use of land upon transformation into joint-stock companies
blue-check Land price adjustment coefficients applicable in 2021 in Ha Noi city
blue-check Amendments to regulations on land
blue-check [Merged] - 2014 Law on Housing
blue-check [Merged] - Regulations on housing ownership and sale
blue-check Regarding period of land rented for projects on condotels
blue-check Land lease decision may be used for applying for construction license
blue-check Amendments to regulations on elaboration of policy framework for compensation upon land expropriation
blue-check "Progressive tax policies" shall be applied to persons holding the rights to use large amount of land