A new affordable housing complex, CT2, is planned for the Hoàng Mai district of Hanoi. Applications for the units are expected to be accepted starting in the third quarter of this year. The tentatively set price is 28.4 million Vietnamese Dong per square meter, which translates to approximately $1,150 USD per square meter. This development aims to address the demand for affordable housing within the city. Further details regarding unit sizes and availability will be released closer to the application period. The project represents a potential opportunity for residents seeking lower-cost homeownership options in Hanoi. It is anticipated to alleviate some pressure on the city's competitive housing market.