By Lê Triều
The Ministry of Construction has recently released a draft of the amended Housing Law, introducing several revisions aimed at improving the legal framework for housing development, management, and use. One of the most notable changes is that the latest draft no longer includes the previously proposed provision on fixed-term ownership of apartment units.
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The possibility of the real estate cycle shortening to 3–4 years is creating new demands for capital and project timelin...
Real estate inventory across projects nationwide reached approximately 51,950 units and land plots in Q3 2026, up 32.2%...
Vietnam’s real estate market in Q3 2026 is showing a striking paradox: total market liquidity reached more than 92,000 s...
Vietnam’s real estate market is entering a period of profound restructuring. Trillions of Vietnamese dong in previously...
Raising the income ceiling for eligibility to purchase social housing (NOXH) is expected to broaden demand. However, the...
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Decree No. 378/2026/ND-CP, promulgated on October 1, 2026, and effective from the same date, provides detailed regulatio...
In Q3 2026, Vietnam’s residential property market recorded 31,844 newly launched housing units, but only 12,520 transact...
In earlier draft versions, a proposal was considered under which ownership of condominium units would terminate once the building reached the end of its useful lifespan or became subject to mandatory demolition under applicable regulations. However, this provision has been removed from the latest draft.
Accordingly, condominium unit ownership continues to be governed by existing statutory provisions on housing and land. The management and operation of condominium buildings will remain tied to the design working life of the structures and periodic quality inspections.
Although a limited-term ownership mechanism will not be implemented, the draft maintains regulations concerning the inspection and handling of condominium buildings that have expired design lifespans or exhibit signs of deterioration.
Under the framework set out in the draft:
Condominium buildings will undergo structural inspections upon reaching the end of their design lifespan or when signs of structural safety hazards emerge.
Competent state authorities will rely on inspection findings to determine whether a building may continue in use, undergo repairs and renovation, or require demolition in accordance with the law.
The overarching objective is to guarantee resident safety while establishing a solid legal framework for the renovation and redevelopment of aging condominium buildings.
The draft amended Law on Housing has been restructured toward greater conciseness, comprising 13 chapters and 149 articles, representing a substantial reduction in the total number of provisions compared to the current legislation.
This adjustment is intended to simplify regulatory procedures while updating legal provisions to meet governance demands in the new development phase.
The removal of the proposed limited-term ownership for condominiums is viewed as a notable development in finalizing the draft amended Law on Housing.
Meanwhile, regulations governing quality inspection, renovation, and redevelopment of aging condominiums are retained to safeguard structural integrity and provide a clear legal basis for handling deteriorating residential buildings moving forward.
Note: These provisions reflect the current contents of the draft amended Law on Housing. The regulations will only take legal effect once officially passed and promulgated by the competent state authorities.
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