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Ministry of Construction projects per capita living areas to rise by 2020

Update: July, 19/2014 - 10:40

HA NOI (VNS)— Average per capita living areas would reach 25 square metres in 2020, of which the rate would be 29 square metres in the urban areas and 22 square metres in the rural areas, according to the Ministry of Construction's draft on real estate market development strategy by 2020.

Between 2015 and 2020, there will be a total floor area of 425 million square metres to meet the basic demand of people.

Under the development strategy, the domestic property market would have stable development, ensure structure of the market was suitable with the demand and complete the legal formalities for the property market.— VNS

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