Real estate 24h: Unexpected price movements of townhouses in the center of Hanoi

Khương Duy |

The price of townhouses in 3 central districts of Hanoi has caused many surprises; Land recovery for golf course projects due to slow implementation... are notable news in the past 24 hours.

Minister Do Duc Duy: People benefit when many land procedures are transferred to the commune level

Talking to laborers related to land policies when implementing the 2 -level local government model, the Minister of Agriculture and Environment Do Duc Duy said that the spirit is the authority of the district level will take to the commune level, only complex authorities such as determining land prices, commune levels are not capable, they will be taken to the provincial level.

According to Mr. Duy, land is the strongest decentralization field. All contents under the authority of the district level will be brought to the commune level and this will create many advantages for the people.

Nguoi dan se huong loi khi nhieu thu tuc dat dai chuyen ve cap xa. Anh: Huu Vu
People will benefit when many land procedures are transferred to the commune level. Photo: Huu Vu

The Minister of Agriculture and Environment analyzed that previously, many procedures for people to go through communes to districts such as compensation for site clearance, communes had to count, and many contents had to be confirmed, but now there is no need, communes are the ones doing it directly.

"Local people, in the commune understand the contents and issues such as whose land parcel, how the history is used. The district sometimes grasped unknown but must go through the commune. Therefore, the bringing back to the commune will certainly be more convenient. See more ...

Hue reclaims land for 1,885 billion VND golf course project due to slow implementation

On May 8, the People's Committee of Hue City announced that it had just issued Notice No. 169/TB-UBND on land recovery at the Hue Golf Course Complex Project (Thuy Duong Ward, Huong Thuy Town) invested by Thien An Joint Stock Company.

According to the notice, the enterprise continues to use land within 24 months from the date the project is terminated (18.4.2025 to the end of April 18, 2027) to handle assets attached to the land as prescribed in Decree 102/2024/ND-CP. After this time, if Thien An Company does not complete the handling of assets, the State will recover land without compensation.

Hinh anh du an san golf Thien An thoi diem khoi cong vao nam 2020. Anh: Le Kong
Image of the Thien An golf course project when it started construction in 2020. Photo: Le Kong

The People's Committee of Hue City also assigned the Department of Agriculture and Environment to take full responsibility before the law for the accuracy of documents and procedures related to the project.

The Hue Golf Course Complex Project was first granted an investment certificate in 2007 with a scale of over 78 hectares, with a total capital of about 1,885 billion VND. Although the progress has been adjusted and the investment has been extended many times, the project has not yet been completed. See more...

Ho Chi Minh City still has more than 17,200 documents waiting to remove obstacles to granting pink books

Ho Chi Minh City still has more than 17,200 documents waiting to remove obstacles to issue certificates to home buyers (pink books).

At the regular press conference on the afternoon of May 8, a representative of the Department of Agriculture and Environment of Ho Chi Minh City said that recently, this unit and related departments have determined that there are 81,085 dossiers that are subject to not being able to complete procedures for granting certificates to home buyers at commercial housing development projects in the area.

TPHCM con nhieu ho so cua nguoi dan cho cap so hong. Anh: QUANG BA
Ho Chi Minh City still has many documents of people waiting to be granted pink books. Photo: Quang Ba

After the review, the authorities classify problems into six main groups including: The group waiting to complete the financial obligations; The group has not yet submitted the book application; New real estate group; The group must perform additional financial obligations; The group has other problems; And the group is in the process of inspection and investigation. See more ...

Townhouse prices in 3 central districts of Hanoi cause many surprises

According to market data for the first quarter of 2025 from Batdongsan.com.vn, despite the high price, the level of interest in Hanoi townhouses in the buying and selling market is gradually heating up.

Gia nha pho tai Ha Noi dang o muc cao. Anh: Thu Giang
Townhouse prices in Hanoi are at a high level. Photo: Thu Giang

Notably, according to this website, the selling price of street-front houses in Hanoi is showing signs of a sharp increase. In the first quarter of 2025, if compared to the first quarter of 2023, the price of townhouses in Hanoi has increased by 30%, from an average selling price of 337 million VND/m2 to 437 million VND/m2.

An actual survey by Batdongsan.com.vn recorded the upward trend in selling prices of this segment. These are all townhouses with frontages, used for trading and business on the central streets of Hanoi. See more...

Khương Duy
TIN LIÊN QUAN

Townhouse prices in 3 central districts of Hanoi cause many surprises

|

Despite its expensive prices, the townhouse segment in central districts of Hanoi such as Ba Dinh, Dong Da, Cau Giay... still records great attraction for investors.

Real estate 24h: A series of apartments in Ho Chi Minh City have their pink books untied

|

Ba Ria - Vung Tau has 4 industrial parks under investment; Ho Chi Minh City removes obstacles to granting pink books; 58 plots of land in Hanoi are about to be auctioned... are notable news in the past 24 hours.

What people need to do when changing the ward name on the red book

|

The change of ward name makes many people worry about having to revise the red book, but the law does not require it if there are no transactions.

Russia responds to news about the proposal to resume dialogue with NATO

|

Sooner or later, Russia and NATO will also have to discuss security issues, Kremlin Spokesman Dmitry Peskov said.

Requesting clarification on who is behind the protection of stone bandits breaking Hon Cha mountain

|

The Chairman of Binh Dinh Province requested the authorities to strictly handle the stone theft that occurred on Hon Cha Mountain, and at the same time clarify the force behind stopping the stone bandits.

Hanoi starts construction of a road worth over VND2,000 billion, to be completed in 2027

|

Hanoi - The investment project to build the My Dinh - Ba Sao - Bai Dinh route is 12.5km long, with an investment capital of VND2,080 billion, expected to be completed after 2 years of construction.

Complete search for 5 workers who died at the hydropower plant in Lai Chau

|

On the afternoon of May 17, the rescue team of Lai Chau province found the last body in the case of 5 workers who died at the Ta Pao Ho 1A hydropower plant.

The National Assembly considers a mechanism to remove difficulties for 11 transport BOT projects

|

The Law on Investment under the Public-private partnership method - PPP Law (amended) stipulates the mechanism for handling problems of revenue reduction for transport BOT projects.

Townhouse prices in 3 central districts of Hanoi cause many surprises

Thu Giang |

Despite its expensive prices, the townhouse segment in central districts of Hanoi such as Ba Dinh, Dong Da, Cau Giay... still records great attraction for investors.

Real estate 24h: A series of apartments in Ho Chi Minh City have their pink books untied

Khương Duy |

Ba Ria - Vung Tau has 4 industrial parks under investment; Ho Chi Minh City removes obstacles to granting pink books; 58 plots of land in Hanoi are about to be auctioned... are notable news in the past 24 hours.

What people need to do when changing the ward name on the red book

Khương Duy |

The change of ward name makes many people worry about having to revise the red book, but the law does not require it if there are no transactions.