Service land prices in the district about to become a district increase locally
Talking to Lao Dong, Mr. Nguyen Ngoc Minh (working in Hanoi) said that after many searches, at the end of 2024, his family decided to pay to buy a service land plot of 7.5 billion VND, 60 m2 wide, equivalent to 126 million VND/m2 in Van Canh commune (Hoai Duc district).
Mr. Minh shared that he was quite surprised when the suburban service land segment has continuously increased in price in recent times. Because his work is mainly in the inner city of Hanoi, when buying service land in the suburban district, his family considered this a safe store of property, waiting for the price to increase over time.
Research by Lao Dong reporters shows that many service land plots in Hoai Duc district (Hanoi)... are being offered for sale by owners at prices exceeding 100 million VND/m2. See more
F0 investors earn billions by buying cheap land
At the end of 2022, Mr. Nguyen Minh Hoang (30 years old, Hanoi) participated in real estate investment for the first time when the market was in a period of stagnation. At that time, land in some suburban areas of Hanoi decreased sharply after a period of rapid increase, many plots of land were advertised for sale at prices 20-30% lower than during the peak period. After a period of research, he decided to buy a 120m2 plot of land in Hoai Duc for 18 million VND/m2, nearly 30% lower than the peak of this area.
Instead of waiting for the market to bottom out, I believe that buying a real estate with a potential location at a lower price than during the hot period is an advantage. By early 2025, when the market showed signs of recovery, land prices in this area increased to VND26 million/m2. With the initial investment, I have made a profit of nearly 1 billion VND after more than two years". See more
The Land Law unties the shackles for agricultural land, benefits farmers with many new points
Thanh Oai continuously opens land auctions, 143 plots of land are about to be listed
Vietnam Auction Joint Stock Company has just announced the auction of assets of Thanh Oai District Land Fund Development Center.
Accordingly, it is expected that on March 15, Thanh Oai district will auction residential land use rights for 89 plots of land (phase 1) in the Man Ca, Man Cong, Ma Man Trong areas, Van Quan village, Do Dong commune, Thanh Oai district, Hanoi city.
Accordingly, the plots of land have an area of 87 - 161 m2/plot with a starting price of 11 - 17.2 million VND/m2. The form and method of auction is to auction each plot of land by direct secret ballot in one round according to the method of bidding up. See more
