Selling a house at a loss in an alley in Ba Dinh district to buy an apartment

Thu Giang |

Many house owners in alleys in Ba Dinh district (Hanoi) are posting ads to cut losses of hundreds of millions of dong/unit to buy apartments because of fear of fire and explosion.

Selling a house in an alley on Kim Ma street (Ba Dinh district, Hanoi), Mr. Trinh Van Khiem said he currently wants to sell the house urgently for 8 billion VND to have money to pay off debt. However, finding customers who want to buy a house at this time is not easy.

"There have been a few people who have called and come to see the house in person, but they are still quite hesitant and hesitant because the entrance and exit alley can only accommodate one person passing through. The house in the alley was built by the family decades ago. I will immediately discount 400 million VND for buyers this month, with basic furniture included" - Mr. Khiem said.

Similarly, Ms. Nguyen Thi Ngoan (living in Thanh Cong ward, Ba Dinh district, Hanoi) also posted an advertisement for a 4-story, 60m2 house located deep in an alley.

Ms. Ngoan shared that her family is willing to give a discount of 500 million VND to anyone who is willing to buy a 10.5 billion VND house with 6 floors this month. At the same time, her family will also cede some valuable basic furniture such as beds, cabinets, tables and chairs, and kitchen equipment.

However, according to Lao Dong reporter's research, although there is information about selling to cut losses of hundreds of millions of dong/unit, there is still no detailed statistical data on the actual number of transactions in the alley house segment in the district. Ba Dinh (Hanoi).

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Many owners are selling their houses at a loss in Hanoi alleys because of fear of fire, explosion, and inconvenience in life. Photo: Thu Giang

Referring to this content, experts of the OneHousing real estate ecosystem said that the advantage of real estate in alleys is that it has a quiet space, separate from the hustle and bustle of urban life. One of the biggest benefits of houses in alleys is that the selling price is much lower than that of houses on the street or large connected alleys.

However, to maximize the advantages of houses in alleys, according to OneHousing, it is important to carefully research information about the area and condition of houses in alleys before deciding to buy so that buyers can avoid encountering any inconveniences. unwanted convenience.

Mr. Tran Quang Trung - OneHousing Business Development Director - commented that affordable residential real estate is suitable for customers who like to "eat well and wear durable" and have the habit of living in ground-level houses.

However, experts say that investors interested in this segment should consider factors such as houses in alleys that are too deep, too small, difficult for fire trucks to enter, pay attention to security issues, and places where parking.

Talking to Lao Dong, Mr. Nguyen The Diep - Vice Chairman of Hanoi Real Estate Club - mentioned that the price of houses in alleys in the center of Hanoi in recent months has been attracting many people's attention, offering for sale at low prices. very high price.

According to Mr. Nguyen The Diep, besides the strengths, home buyers in alleys need to consider a number of criteria such as entrance width, fire prevention approach, quality of housing, construction, and procedures. Legal documents such as red books and construction permits to anticipate risks and have options suitable to your needs and financial health.

Thu Giang
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