Hanoi rental prices increase sharply during the school year, students struggle to find accommodation
Hanoi - Many students have difficulty finding a place to stay because the price is too high, some affordable rooms are far from school or lack amenities.
The new school year 2025 - 2026 has begun, at this time, the rental market in Hanoi has become bustling as a large number of students are enrolled, causing rental prices to increase. Faced with great demand, many students have difficulty finding accommodation.
To find a suitable room, Vu Thi Minh Hang - a student at the Academy of Journalism and Communication had to go to Hanoi nearly a month before her admission date. During the search, Hang encountered many difficulties due to high rental prices, some affordable rooms were far from school or lacked amenities.
According to Hang, at the beginning of the school year, the price of rooms was pushed up, making it very difficult to find a room. Hang has visited some rental rooms, but many places have quality that is not commensurate with the price.
For example, at a boarding house opposite the Academy of Journalism and Communication, Hang was introduced to a small "room", separated from other rooms by a cardboard board, with an area of only one bed. The room does not have many amenities, and has to share a toilet, but is still being offered for rent at 1.6 million VND/month. See more...
Hung Yen auctions 51 land lots in Tien Tien commune, priced from 11 million VND/m2
Hung Yen - It is expected that at the end of September, an auction of 51 residential land plots will take place in Tien Tien commune, Hung Yen province.
OCD An Thuan Phat Joint Stock Auction Company has just announced the organization of an auction of assets of Tien Tien Commune People's Committee, including the right to use 51 plots of land for housing in Residential Area No. 10, Dinh Cao Commune, Phu Cu District (old), now in Tien Tien Commune, Hung Yen Province. The form is that the State allocates land with land use fees through auction of land use rights, long-term land allocation.
According to the published information, the area of the land lots ranges from 95 - 173m2, starting price from 11 - 13.2 million VND/m2, equivalent to 1 - 2 billion VND/house. The total starting price of the property is 60,408,810,000 VND. This price does not include taxes, fees, charges and other financial obligations as prescribed, which must be paid by the auction winner.
The auction is a direct secret ballot in one round for each plot of land, according to the method of bidding up. The fee for purchasing documents is 200,000 VND/mentistry. The deposit is regulated from 5% to 20% of the starting price of each plot of land put up for auction. See more...
Procedure for granting red books for increased land area according to new regulations
People hope to sharply reduce land use fees when converting land use purposes
HCMC - Many people who need to change the land use purpose are waiting for a resolution to reduce the land use fee collection rate.
The new regulations currently require households and individuals when converting land from agricultural land to residential land to be subject to 100% of the land price in the land price list for the entire area, regardless of whether the land is within or outside the limit. While localities are currently issuing land price lists that are too high because they have integrated the land price adjustment coefficient (coefficient K) into the land price list. Typically, in Ho Chi Minh City, the land price list has increased from 3 to more than 38 times compared to before.
This is really putting great pressure on people when the total amount of money people have to pay is too high, far beyond financial capacity. Typically, a 20.0 m2 plot of land in Hoc Mon district (old) when converting its purpose to residential land must pay 1.7 billion VND or a 400 m2 plot in District 7 (old) must pay up to 14 billion VND.
Mr. Viet Doan, residing in Binh Trung Ward, said that he has a 210 m2 plot of land that is eligible for a resettlement in Long Binh Ward, Ho Chi Minh City but is stuck in planning. When the obstacles were removed, he learned about the procedures for dividing the plot and changing the purpose and was very "shocked" because he had to pay more than 5.7 billion VND in land use fees, beyond his ability to pay. See more...
