Housing to be allocated by points

Published: 20/11/2009 05:00

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The Ministry of Construction on Monday issued Circular No 36/2009/TT-BXD prescribing eligibility conditions for residents to buy, lease or lease-to-own low-priced public houses.

Deputy Minister of Construction Nguyen Tran Nam said the selection would be based on a scale with a maximum of 100 points. Those getting higher points would get priority to buy low-priced public houses, he said.

Under the circular, which will take effect on January 1, 2010, people without a house of their own including those whose houses or lands have been acquired compensation in cash will get 50 points.

Families living in houses with areas less than five sq.m area per person built on land that does not meet standards for rebuilding homes will get 30 points.

Employees of State agencies will also get 30 points while those working for non-State companies as well as individual businesses and workers will get 20 points.

To prevent speculation, the circular regulates that each family or individual can register to buy from only one low-cost public housing project.

VietNamNet/Viet Nam News

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