24h Real Estate: Signs of profiteering from social housing projects in Bac Ninh

Khương Duy |

Signs of profiteering in social housing projects in Bac Ninh; The private house segment under 2 billion VND in Da Nang is being searched for... are notable real estate news in the past 24 hours.

Private house segment under 2 billion VND in Da Nang is being searched for

According to Lao Dong reporters, private house prices in Da Nang City have been continuously increasing in recent times, the segment from 1.5-2 billion VND/unit is sought after.

For example, a private house in Thanh Khe ward with an area of 35m2 is being advertised by its owner for 1.5 billion VND, equivalent to 48 million VND/m2.

According to the seller, the house is located on 2 airy sides on Dien Bien Phu Street and is scheduled to be seen directly by many people, with full amenities around, if not bought for living, you can invest profitably.

Phan khuc nha rieng duoi 2 ti dong o Da Nang duoc tim kiem. Anh: Thu Giang
The private house segment under 2 billion VND in Da Nang is being searched for. Photo: Thu Giang

Similarly, a private house on Nguyen Van Cu exit (Hoa Hiep Bac ward) with an area of 82m2 was recently successfully advertised for sale by its owner for 1.85 billion VND, including all furniture and interior.

According to the Vietnam Association of Realtors (VARS), Da Nang is one of the localities with a fast real estate development rate in the country, based on a modern, synchronous urban infrastructure platform, meeting real housing needs, especially from the middle class, upper class and a team of experts. See more...

Signs of profiteering in social housing projects in Bac Ninh

When registering to buy a social housing project for workers in Nenh ward (Bac Ninh province), people are required to pay an additional 30 million VND in addition to the approved price. The incident shows signs of profiteering from social housing policies.

Cac san giao dich bat dong san dat diem tu van ngay cong du an nha o xa hoi danh cho cong nhan phuong Nenh (tinh Bac Ninh). Anh: PV
Real estate trading floors set up consultation points right at the gate of social housing projects for workers in Nenh ward (Bac Ninh province). Photo: PV

Recently, the Department of Construction of Bac Ninh province publicly announced the selling price and rental price of social housing at the social housing project for workers in Quang Chau commune, Viet Yen district (now Nenh ward, Bac Ninh province). Of which, the approved selling price for this project is 17,285,000 VND/m2.

However, immediately after that, the reporter received feedback from some workers in Nenh ward who said that it was not easy to register to buy social housing in the above project according to the information announced by the authorities.

The social housing project for workers in Nenh ward, Bac Ninh has the commercial name of Vega Homes, with a scale of 3 18-storey apartment buildings, with more than 400 apartments for sale.

Based on the announcement of the Department of Construction of Bac Ninh province, people should contact the project investor, Vega Investment Joint Stock Company, directly to submit a registration, the investor's phone number is: 088 616 0088. The reporter contacted the above phone number and was told by the investor: "Currently, I am selling through 2 floors, Dat Xanh Mien Bac and Tien Phat, please contact these 2 floors to help me. Right outside the project, there are selling points for these two floors".

From the investor's instructions, we went to the project construction site in Nenh ward (Bac Ninh province). Here, according to records, many tents were built right outside the project, with signs mentioning Dat Xanh Mien Bac and Tien Phat Land, many brokers are sitting here.

When we visited an outside hut with a Tien Phat Land sign, we were told by a broker: "To register to buy social housing in the project, you have to register through the platform, because the investor has distributed it to the platforms. The project started for sale since the foundation, and now more than 400 social housing apartments have been deposited and kept. I'm too late to buy now. To register, you must buy a deposit and keep a seat of another person, each deposit is 30 million VND". See more...

Khanh Hoa Chairman requests clarification of the legal basis for the land acquisition and expansion of the provincial headquarters

On October 2, the People's Committee of Khanh Hoa province sent a document to the Department of Agriculture and Environment regarding the plan to expand the local working headquarters.

Chu tich Khanh Hoa Nguyen Khac Toan yeu cau lam ro co so phap ly vu thu hoi dat mo rong tru so tinh. Anh: Quang Duc
Khanh Hoa Chairman Nguyen Khac Toan requested clarification of the legal basis for the land acquisition and expansion of the provincial headquarters. Photo: Quang Duc

Regarding the expansion of the Provincial Party Committee - National Assembly Delegation - People's Council - Provincial People's Committee headquarters project, the locality will consider compensation and site clearance for 32 households living on Nguyen Binh Khiem Street (Nha Trang Ward).

After that, the 32 households mentioned above submitted a petition, concerned about their rights being affected when the locality implemented the expansion of the headquarters of provincial agencies.

According to the records, the land area of the 32 households is about 1,918 m2, which was a collective housing area sold by the Khanh Hoa Provincial People's Committee at a fair price under Decision No. 17/UB in 1992.

In the period of 1993-1994, households were granted certificates of house ownership and long-term stable land use rights. See more...

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