According to the report, Son La province currently has 16 commercial housing projects and urban areas with investors. Currently, the projects are providing a total of over 3,200 real estate products, of which over 60% are land, the rest are roughly built houses, with completed exterior; over 1,200 real estate products are eligible for business.
Ms. Nguyen Thi Hoa (Chieng Coi ward) said that she is completing the townhouse in Shining City Urban Area to build a special children's education center. According to her, the Son La real estate market is currently quite diverse, from land, townhouses to luxury villas, with prices ranging from a few hundred million to more than ten billion VND, suitable for many customer groups.
"The house I bought is priced at 3.5 billion VND, located near the center, convenient for implementation after being put into use," Ms. Hoa shared.
According to Mr. Vu Kieu Hung - Business Director of Elite Hill project, Chieng Coi ward, in the first days after merging communes and wards and implementing the two-level government, 4 plots of land were sold, with a value of 1.6 - 2.7 billion VND/plot.
In To Hieu ward - a large area with a large population, attracting attention with many urban projects and land housing. Mr. Nguyen Quang Huy - Deputy Director of the Ward's Public Administration Service Center - said that after implementing the two-level government, the number of people coming to do procedures for real estate has increased.
"In just 3 days, we have received more than 30 applications for the first Land Use Rights Certificate and instructed more than 20 cases to complete procedures for converting land use rights at the Provincial Land Registration Office," Mr. Huy informed.
After switching to a 2-level government model, the Son La real estate market is expected to be more vibrant thanks to the diversity of products, suitable for many customers. This is also an opportunity for people to proactively participate in the market, while creating new attraction for investment capital, promoting urban development, tourism and local economy.
At the same time, the province also tightens management of real estate business activities, focusing on information transparency, risk prevention and keeping the market stable. The authorities proactively announced the project portfolio, stepped up legal dissemination to limit the situation of capital mobilization and transfers against regulations.
