24h Real Estate: Finding investors for a series of trillion-dong social housing projects

Phan Anh |

Finding investors for a series of social housing projects; Binh Duong allowing land to be transferred for stone mining; Finding cheap land in the suburbs... are notable news in the past 24 hours.

Binh Duong allows change of land use purpose of 6,615 m2 for stone mining

The People's Committee of Binh Duong province has decided to allow a business to change the purpose of using 6,615 m2 of land to exploit minerals (construction stone).

Binh Duong Provincial People's Committee allowed An Tan Uyen Chemical Company Limited to convert the land use purpose, from agricultural land to land used for mineral exploitation activities. The area allowed to change land use purposes is 6,615 m2.

Binh Duong cho chuyen muc dich su dung dat tu dat nong nghiep qua khai thac khoang san da xay dung. Anh: Dinh Trong
Binh Duong allows the conversion of land use from agricultural land to construction stone mineral exploitation. Photo: Dinh Trong

The land changed for purpose is located at plots of land No. 499, 500, map sheet No. 16, Thuong Tan commune, Bac Tan Uyen district.

This is the third time that land use purposes have been permitted to be changed in this project. The land use period is until October 26, 2041. Forms of land lease, the State leases land and collects annual fees. See more...

Looking for cheap land under 50 million VND/m2 in the suburbs

Land prices under VND50 million/m2 are gradually becoming scarce in suburban districts.

Talking to Lao Dong, Mr. Le Thanh Trung (37 years old, a long-time land investor in Hanoi) informed that in early 2025, he was taken to see a 70 m2 plot of land in Hoai Duc district.

What surprised Mr. Trung was that although the land plot was located in an alley, the owner was offering a price of 70 - 100 million VND/m2, forcing him to "turn around" and postpone the purchase plan due to the high price.

Phan khuc dat nen o vung ven Ha Noi duoc nhieu nha dau tu quan tam. Anh: Thu Giang
The land segment in the suburbs of Hanoi is of interest to many investors. Photo: Thu Giang

"Searching for a plot of land under 50 million VND/m2 in the suburbs is gradually becoming difficult when the segment is at a high level, causing many investors like me to consider carefully before deciding to buy, waiting for the time when the market will adjust down" - Mr. Trung said.

Similarly, Mr. Trinh Huu Duc (45 years old, living in Thanh Xuan district, Hanoi) said that at the end of February 2025, he and his family went to see a 60 m2 plot of land in a 3 m wide alley in Thanh Oai district, this plot of land was advertised for sale at 80 million VND/m2. See more...

Conditions for separating agricultural land plots according to the new Land Law

Agricultural land is allowed to be divided into plots for sale or donation of a part of the land plot. However, it is necessary to meet general conditions and specific conditions in each locality. Video: Thach Lam

Hanoi seeks investors for a series of trillion-dong social housing projects

The Department of Construction is organizing the selection of investors to build social housing areas in Hoang Mai and Thanh Tri districts with a total investment of nearly 3,500 billion VND.

According to the announcement of the Hanoi Department of Construction, the project is being bid to select investors in the form of competition to implement the Southwest Kim Giang social housing area, at the CT6B, CT7 and CT8 plots of land in the Southwest Kim Giang I New Urban Area, Tan Trieu commune (Thanh Tri district) and Dai Kim ward (Hoang Mai district).

Ha Noi tim nha dau tu cho loat du an nha o xa hoi nghin ti. Anh: Hai Nguyen
Hanoi seeks investors for a series of trillion-dong social housing projects. Photo: Hai Nguyen

The project is expected to be implemented from 2025 to 2028, on a land area of about 49,704m2, with a total investment of nearly VND 3,478 billion. The operating period is 50 years from the date the investor is decided to allocate or lease land; the land allocation or lease term is in accordance with the provisions of the law on land.

Previously, Hanoi City also issued a notice calling for investment in two social housing projects in Tien Duong commune (Dong Anh district), with a total investment of up to VND 16,148 billion, with a scale of 6,447 apartments. See more...

Phan Anh
TIN LIÊN QUAN

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More good news about the supply of social housing in Hanoi in 2025

Như hạ |

Hanoi - Since the beginning of the year, the supply of social housing in the capital has shown signs of positive improvement.

Will reclaim social housing used incorrectly for subjects in Dong Nai province

HÀ ANH CHIẾN |

Dong Nai province is reviewing social housing projects (NOXH) with subjects using them for the wrong purpose to recover and give them to people who really need them.

6 social housing projects open for sale under 20 million VND/m2 in Hai Phong

Mai Dung |

Hai Phong - The Department of Construction has just informed about 6 social housing projects that are eligible for sale, and have been approved for sale.