At present, the city's budget collection reaches nearly VND 8,000 billion per year from real estate sector.
The People’s Committee of Ho Chi Minh City also reported that if the Gross Domestic Product (GDP) of construction and real estate sectors reached about VND 22,670 billion in 2006, this number increased around VND 88,000 billion in 2015, accounting for 9.2 percent in the economic structure.
Accordingly, the collection from real estate sector highly contributed to the city’s budget revenue. The total revenues from real estate sector in the period of 2006 – 2015 reached more than VND 100 trillion.
Currently, there are 29 large-scale housing projects with the total investment capital of nearly VND 158 trillion citywide.