Land owners in the suburbs of Hanoi are tired of waiting for buyers
According to Lao Dong reporters, although the land segment in the suburbs of Hanoi has been continuously increasing in price, many owners are still struggling to sell and find buyers.
Posting an advertisement for a plot of land with an area of 80 m2 in Thach That district for sale for the past 2 years, Mr. Nguyen Van Linh (39 years old, living in Thach Hoa commune) said that to attract attention, he had to reduce the selling price of the plot of land by 100 million VND compared to the previous advertisement price but still could not find a buyer.
According to Mr. Linh, he bought this plot of land in 2023 for 2.7 billion VND, equivalent to nearly 34 million VND/m2. Due to financial difficulties, he agreed to reduce the price to sell it as quickly as possible. However, up to now, the plot of land has not found a buyer and closed the transaction. See more
Hung Yen to auction 459 plots of land, priced from 7 million VND/m2
The Property Auction Service Center under the Hung Yen Department of Justice has just issued a notice to auction the right to use 84 plots of land (including Location LK02 with 44 plots from LK02-1 to LK02-44; Location LK03 with 2 plots LK03-1 and LK03-2; Location LK04 with 38 plots from LK04-1 to LK04-38) to build houses in the planned location in Cam Ninh commune, An Thi district, Hung Yen on March 29.
The plots of land have an area of 90 - 172m2, with a starting price of 19 million VND/m2. The deposit for each plot of land is 340 million VND/m2.
The time to register to participate in the auction is from 8:30 a.m. on March 12 to 4:30 p.m. on March 26, 2025. The auction will take place at 7:45 a.m. on March 29 at the Cultural House of Cam La village, Cam Ninh commune.
Previously, Vietnam Auction Joint Stock Company issued a notice of auction of land use rights for 49 plots of land in residential area No. 2, An Vien commune, Tien Lu district, Hung Yen province on March 16. See more
National Housing Fund, expected to unblock the real estate market
At the regular Government press conference in early March 2025, the Ministry of Construction said that it is studying and reviewing to propose solutions to establish a National Housing Fund. Up to now, the Ministry of Construction has proactively assigned specialized units to urgently study international experience, review current legal regulations and propose solutions for implementation.
Talking to PV of Lao Dong Newspaper, Mr. Le Hoang Chau - Chairman of the Ho Chi Minh City Real Estate Association (HoREA) - said that the support mechanism of the National Housing Fund will include both the development of affordable commercial housing and the development of social housing (NOXH). One of the biggest challenges at present is the stagnation of hundreds of commercial housing and social housing projects.
Mr. Chau said: "For Ho Chi Minh City, there are about 220 projects facing difficulties. Nationwide, the number could be as high as three. If legal barriers are removed, the housing supply will be unblocked, contributing to solving increasingly urgent housing needs. See more
Research on building a 40-storey apartment building in an old apartment complex in Ba Dinh
The Office of the Hanoi People's Committee has just issued a notice on the conclusion of Vice Chairman of the Hanoi People's Committee Duong Duc Tuan at the meeting to review the detailed planning plan for the area for renovation, reconstruction, and reconstruction of the three old apartment buildings of Thanh Cong, Giang Vo, Ngoc Khanh in Ba Dinh district and surrounding areas.
For the old Thanh Cong and surrounding collective housing areas, the City People's Committee basically agreed with the architectural planning research plan proposed by the People's Committee of Ba Dinh District and the consulting unit. The proposed plan is relatively orderly and strict, but there has been no innovation or breakthrough. Therefore, based on the proposed plan, it is necessary to add some deeper studies to perfect the plan.
Accordingly, it is necessary to study some roads connecting Thanh Cong Lake space and flower garden and green space in the reconstruction area; study and expand some internal roads that are large enough, study and supplement, develop green space, and can combine underground space; some areas of renovated technical infrastructure are combined and integrated into green space and landscape. See more
