Land prices in the old District 9 increased sharply, some places skyrocketed by 25% in a year
A recent survey by Batdongsan.com.vn shows that the land price level in District 9 (now Thu Duc City) has an average price increase of 10 - 15% over the same period last year. The plots of land with beautiful and prime locations have increased in price by 20 - 25% within a year.
Compared to the same period last year, land prices on Nguyen Duy Trinh Street, Truong Thanh Ward increased from around 53 - 55 million VND/m2 to 59 - 62 million VND/m2. Also in Truong Thanh ward, land in Lo Lu increased from 42 - 50 million VND/m2 to 47 - 56 million VND/m2.
Also in Lo Lu area, the items with frontages on this route, right next to Truong Thanh market, also increased in price from 95 - 97 million VND/m2 to 105 - 110 million VND/m2.
The land in Phu Huu, the pieces of car roads to the ground, the price increased from 45 - 48 million VND/m2 to 54 - 56 million VND/m2. Small pieces of roads, only 2 motorbikes avoid each other, the price increased from 30 - 33 million VND/m2 to 34 - 37 million VND/m2. Go Cat street land belongs to Phu Huu increased from 28 - 30 million VND/m2 to 31 - 33 million VND/m2. The land facade of Lien Ward road belongs to Phu Huu price increases from 95 - 100 million VND/m2 to 102 - 110 million VND/m2.
In addition, areas such as Tang Nhon Phu A, Tang Nhon Phu B, Phuoc Long A, Phuoc Long B, Long Binh, Hiep Phu also recorded an average increase of 10 - 15% over the same period last year. For beautiful pieces and prime locations, the increase can reach an average of 20%. See more...
Auction of 24 Thach That land plots, winning price reached nearly 181 million VND/m2
On May 25, National Joint Stock Auction Company No. 5 coordinated with the Thach That District Land Fund Development Center to organize an auction of the right to use 24 plots of land in Binh Xa village, Quang Trung commune (ary hieu BP01), Thach That district, Hanoi City.
The plots of land are divided into 2 groups, with starting prices from 10.3 - 15.9 million VND/m2. The common price step applied to plots of land and in the auctions is VND 15,000,000/m2.
The auction is conducted by direct voting in multiple rounds for each plot of land at the auction and at least through the required number of auction rounds for each plot of land.
The total area of the 24 plots of land is 1,998.7m2, the plots of land have an area of about 70 - 120m2 per plot. This land has great potential for service and commercial development because it is located adjacent to Provincial Road 419, near Viet Hung University of Industry.
At the end of the session, all 24 plots were successfully sold. The highest winning lot reached nearly 181 million VND/m2, the lowest lot was over 70 million VND/m2. Thach That District plans to collect more than 230 billion VND from the auction. See more...
Land prices for subdivision along Ring Road 4 increase unusually, warning of a whirlwind of speculation
The segment of subdivided land along Ring Road 4 (Hanoi) is having an unusually high price, easily boosting real estate speculation activities.
Talking to Lao Dong reporter, Mr. Nguyen Van Loi (56 years old, living in Me Linh district) said that more than a year ago, land prices in Kim Hoa commune only fluctuated around 20-22 million VND/m2, but now they have increased to 25-27 million VND/m2, in some places up to 30-40 million/m2.
According to Mr. Loi, the price of subdivided land in the locality is heating up, due to the influence of traffic projects and infrastructure that are gradually being completed. However, what makes Mr. Loi feel confused is that the selling price here is constantly "dancing".
"I was quite surprised when the plot of land separated near the planning of Ring Road 4 in early 2025 was only advertised for 1.5 billion VND, but now the price has increased to 1.7 billion VND in just a few months, the land market here is attracting many investors despite the constant fluctuations in prices" - Mr. Loi said. See more...
Violations of land finance laws while performing official duties
