Land prices increase sharply but investors still find it difficult to make a profit
Land prices in many localities are increasing sharply again. However, many investors still find it difficult to make a profit due to the cautious sentiment that still covers the market.
Land prices in many localities have suddenly increased sharply in a short time, creating a wave of short-term investment. However, in the context of the market not having a foundation for sustainable recovery, many investors are starting to clearly feel the risks when taking profits is not as easy as expected.
According to the report of the Ministry of Construction, in the first quarter of 2025, the number of land transactions increased sharply in a series of localities such as Bac Giang, Phu Tho, Ninh Binh, Thai Binh, Hung Yen, Hai Phong and Dong Nai. Along with that is the phenomenon of local price increases, many places exceeding 20 - 30% after only a few months. See more...
Expected time for compulsory land recovery of 3 projects in Kien An district, Hai Phong
In June, Kien An District (Hai Phong) plans to organize compulsory land acquisition and site clearance to implement a number of projects in the area.
On May 29, Mr. Pham Van Thep - Member of the Standing Committee of the City Party Committee, Head of the Propaganda and Mass Mobilization Committee of the Hai Phong City Party Committee - inspected the progress of a number of projects in Kien An district.
Checking the road project connecting Nguyen Luong Bang street with Tran Nhan Tong street and the investment project to build Phuong Khe Resettlement Area, Dong Hoa Ward - two projects preparing to hand over to the city, Head of Propaganda and Mobilization Committee of the City Party Committee noted that the district urged contractors to focus on human resources, vehicles, speeding up the construction progress. Along with that, resolutely forced land acquisition for cases where there is no compliance with the decision to recover land and not handing over the ground. See more ...
Another delay in the demolition of illegally built villas in Binh Thuan
On the afternoon of May 29, at the press briefing in May 5, 2025 organized by the Propaganda Department and the Mobilization Department, the Department of Culture, Sports and Tourism, the Journalist Association of Binh Thuan Province, Mr. Pham Ly Kha - Deputy Head of the Department of Agriculture and Environment of Tanh Linh district was authorized to represent the local leadership representing the handling of construction violations for Mr. C.T.S's illegal villa in village 1, Gia An commune, Tanh Linh district, after many years.
According to this locality, after discovering the violating construction, the People's Committee of Tanh Linh district directed an inspection, prepared a dossier and issued a decision to sanction administrative violations against Mr. C.T.S's illegal construction works; directed the professional sector and the People's Committee of Gia An commune to organize mobilization and persuasion for Mr. S to voluntarily dismantle the violating construction works. However, the inspection and preparation of documents to issue decisions to sanction administrative violations against Mr. S were not in accordance with legal regulations and the propaganda and mobilization of self-dismantling had not been effective, leading to a complicated and prolonged case.
After the District People's Committee received the opinions of the provincial specialized departments and branches on the dossier of handling administrative violations on the field of construction for Mr. S and Tanh Linh district, continued to direct professional departments and the People's Committee of the commune to urgently review the administrative violation dossier and advise the Chairman of the District People's Committee to handle violations to ensure the law. See more ...
Investment wave around Ring Road 4 pushes land prices up unusually
The real estate market in areas along belt routes, especially Ring Road 4 (Hanoi), is witnessing a strong increase in land prices. The acceleration of land prices in a short time is said to come from great expectations for transport infrastructure, but also carries many risks of speculation and virtual price levels.
According to the survey, in some areas such as Me Linh district, Hoai Duc, areas where the Ring Road 4 passes through, it shows that land prices have changed significantly after just over a year.
In Hoang Kim commune (Me Linh district), Ms. Tran Thi Hanh, a resident who is selling a piece of land near the planned area of Ring Road 4, said that more than a year ago, the land here was only about 20 million VND/m2. Recently, the selling price has been nearly 30 million VND/m2, and some locations near major roads can be up to 35-40 million VND/m2. "The plot of land I am holding was initially scheduled for sale at 1.45 billion VND, but someone advised me to wait because the price is rising, now I can advertise it at around 1.65 billion VND" - Ms. Hanh said. See more...
