Real estate 24h: Commune People's Committee is about to be allowed to convert agricultural land to residential land

Khương Duy |

The People's Committee at the commune level is about to have the authority to allow the conversion of agricultural land to residential land; Hanoi Townhouses for sale at more than 1.2 billion VND/m2... are notable news.

Commune People's Committees have the authority to permit the conversion of agricultural land to residential land from July 1, 2025

From July 1, 2025, the authority to permit the conversion of residential land from agricultural land for individuals under the authority of the People's Committee at the commune level. Video: Nhu Ha

Quang Binh reviews land price fluctuations after auctions

Land prices have increased rapidly in some areas, Quang Binh province has reviewed to ensure information transparency and market stability.

Gia dat o mot lo dat tai to dan pho 11, phuong Bac Ly tang sau thong tin hop nhat 2 tinh. Anh: Cong Sang
Land prices for a plot of land in residential group 11, Bac Ly ward increased after the merger of the two provinces. Photo: Cong Sang

After an article reflecting the skyrocketing situation of land prices in Dong Hoi City (Quang Binh Province) at auctions, Lao Dong Newspaper reporters continued to monitor the auctioned land lots.

A notable case is that a person who had just won the auction of 5 land lots in the most recent session immediately successfully resold 3 lots.

In the context of Quang Binh and Quang Tri provinces preparing to unify administratively, land prices in the Dong Hoi city area, the political and administrative center, have become a "front" for investors, people are worried and hopeful. According to a survey by PV, the phenomenon of "priced change" is happening very clearly, even in the same residential group. See more...

Many townhouses in Hanoi for sale at over 1.2 billion VND/m2

According to Lao Dong, currently the price of townhouses in many districts in Hanoi is anchored at a very high level, even many streets have recorded selling prices up to more than 1 billion VND/m2.

In Hoan Kiem district, many townhouses are being offered for sale from 800 million to more than 1.2 billion VND/m2. For example, a 4-storey house on Hang Dao street with an area of 141m2 is being advertised for 135 billion VND, equivalent to more than 957 million VND/m2.

On Hang Bong Street, many houses have selling prices ranging from 700 million to more than 1 billion VND/m2, of which a 134m2 house is being offered for sale at 135 billion VND, or more than 1 billion VND/m2.

A house in the corner of Luong Ngoc Quyen - Ta Hien is being advertised for sale at 220 billion VND for an area of over 180m2, equivalent to 1.22 billion VND/m2.

Can nha pho tai Ha Noi duoc rao ban voi gia tren 1 ti dong/m2. Anh: Batdongsan.com
A townhouse in Hanoi is being offered for sale at over VND1 billion/m2. Photo: Batdongsan.com

In the area around West Lake (Tay Ho District), many townhouses on some streets such as Quang Khanh, Trich Sai, Au Co... are being offered for sale at up to 1 billion VND/m2. In particular, a house with an area of 54m2, located on Trich Sai street, with three openings, is being offered for sale at 64 billion VND, equivalent to more than 1.18 billion VND/m2. See more...

Dong Nai leases more than 5 hectares of clean land to a company to build Ong Keo Industrial Park

On June 24, the People's Committee of Dong Nai province decided to approve Tin Nghia Corporation Joint Stock Company (located at 96 Ha Huy Giap Street, Trung Dung Ward, Bien Hoa City, Dong Nai Province) to lease an area of 52,887.2 m2 of land (confirmed by the People's Committee of Nhon Trach District to complete compensation, support and site clearance) in Phuoc Khanh Commune, Nhon Trach District, Dong Nai Province.

Khu cong nghiep Ong Keo o xa Phuoc Khanh, huyen Nhon Trach, tinh Dong Nai. Anh tu lieu: HAC
Ong Keo Industrial Park in Phuoc Khanh Commune, Nhon Trach District, Dong Nai Province. Documentary photo: HAC

According to the decision, the purpose of use is land in the industrial park, investment in construction and business of infrastructure of Ong Keo industrial park. The land use term until March 12, 2058 is the form of land lease, which the state leases land and pays annual fees (the land price for calculating land rent payable is VND 1,575,000/m2). See more...

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