24h Real Estate: No more virtual land fever, the market aims for sustainable development

Khương Duy |

The virtual land fever period is over, towards sustainable development; 73 land lots in Ninh Binh are about to be auctioned, starting from 1 billion VND/lot... are notable news.

Resolving pink books for projects stuck in resettlement housing funds

HCMC - Some housing projects have so far cannot issue pink books because the investor has sold all of their resettlement housing funds in the form of commercial business.

TPHCM dang co gang thao go vuong mac phap ly de cap so hong cho cac du an chung cu co quy nha tai dinh cu. Anh: Anh Tu
Ho Chi Minh City is trying to remove legal obstacles to issue pink books for apartment projects with resettlement housing funds. Photo: Anh Tu

Many customers who have purchased houses that were formerly in the resettlement fund of commercial housing projects are being disadvantaged in terms of rights because they are not granted pink books.

For example, the Binh Quoi 1 Apartment Project and Binh Quoi 2 Apartment Project invested by Saigon Construction Corporation Limited are typical examples.

Binh Quoi 1 apartment building has 105 apartments built on land that has been granted a Certificate No. CT00121 by the Department of Natural Resources and Environment (old) on February 23, 2010, with a land area of 1,590m2; long-term land use term; Binh Quoi 2 apartment building has 168 apartments, granted a Certificate No. CT00120 on February 23, 2010, land area of 3,128m2; long-term land use term. See more...

The real estate market is no longer a virtual fever, towards sustainable development

After a period of price fever, the real estate market is gradually shifting towards sustainable development, from "surfing" to long-term investment.

Previously, many investors chose suburban land with affordable prices and could easily expect quick profits. A popular strategy is to buy today and sell after a few months to enjoy the difference. However, when the market enters the liquidation stage, the "fast beat" approach reveals many risks.

Many macro policies are currently aimed at stability and transparency, forcing investors to change their strategies. Instead of relying on planning information or crowd psychology, they must be patient, focusing on clear legal products with real value.

Bat dong san ven do het sot ao, huong toi phat trien ben vung. Anh: Minh Hanh
Suburban real estate is no longer a virtual land fever, towards sustainable development. Photo: Minh Hanh

Mr. Nguyen Anh Tuan (Hanoi) shared: In early 2025, I bought a 50m2 plot of land in Di Ai (Hoai Duc) for nearly 5 billion VND, expecting to increase the price thanks to the administrative merger. But after a month, I realized that the land was difficult to liquidate due to weak real demand. I was forced to change my thinking, switching from surfing to long-term investment, otherwise it would be easy to get stuck with capital". See more...

If agricultural land is recovered, it can be compensated with residential land or housing

Households and individuals whose agricultural land is recovered will be compensated with residential land or housing but meet the conditions prescribed by law. Video: Thach Lam

73 land lots in Ninh Binh to be auctioned, starting from 1 billion VND/lot

It is expected that on September 21, the auction of 73 land lots in Giao Thuy commune, Ninh Binh province will take place.

Dong Nam Joint Stock Auction Company has just issued a notice on the auction of land use rights for people to build houses in the Giao Tien Commune Concentrated Residential Area (now Giao Thuy Commune, Ninh Binh Province). The auctioned assets include 73 land lots, with a total area of 9,675.4m2.

The area of the plots ranges from 95 - 300m2. The starting price for the plots of land is from 10.2 - 17.6 million VND/m2, equivalent to 1 - 3 billion VND/plot. The price step is regulated to be 1,000,000 VND/plot of land.

The auction is a round-trip direct vote at the auction for each plot of land. The auction method is applied as an upward bid.

Time and place for selling documents to invite to participate in the auction, receiving documents to participate in the auction from 8:00 a.m. on September 3, 2025 to 5:00 p.m. on September 17, 2025 (according to working hours) at Dong Nam Joint Stock Auction Company.

Time and location of the auction: List of customers at 8:00, the auction starts at 8:30 a.m. on September 21, 2025 (Sunday) expected at the Hall of the People's Council, People's Committee of Giao Thuy commune, address No. 86 Tran Nhan Tong street, Giao Thuy commune, Ninh Binh province. See more...

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