Recently, the real estate market in the Mekong Delta has had positive changes. Land prices show signs of a slight increase of 10-20%, especially in areas bordering the central border.
According to records, the segment of suburban land, subdivision and division of plots is attracting investors to hunt for. The reason is believed to be the low capital outlay, while the liquidity is high and there are few risks.
A survey on a number of exchanges and real estate information pages shows that in Cai Rang, Phong Dien (Can Tho City), Cao Lanh (Dong Thap Province), Long Ho (Vinh Long Province), the average land price is at 16 - 31.2 million VND/m2.
Mr. Hoang Van Minh (42 years old, Dong Thap province) has just finalized a plot of land with an area of 77m2 for 900 million VND. Mr. Minh believes that cheap land, clear documents and legal documents can easily rotate capital, suitable for people with low finances.
"Now that the conditions for dividing plots and plots are stipulated, it is increasingly difficult to find land. I have extra capital to save, and when I see a profit, I should close it. After depositing the money, the notary will transfer it immediately," said Mr. Minh.
According to this investor, compared to large plots of land, the land has a small area, has been divided into plots, and has less risk due to low capital outlay, and more diverse customer access.
"If people with low finances and savings under 1 billion VND have a hard time buying a 2-3 billion VND land. If the land price is around a few hundred million VND, my opportunity to sell is greater," said Mr. Minh.
Although buying land for subdivision and subdivision is considered the "sweet - nutritious - cheap" segment, experts warn that investors should carefully research the origin of the land, regulate the conditions for subdivision and subdivision in the area to limit risks.
Mr. Nguyen Quoc Cuong - a real estate brokerage office owner in Can Tho City - said: Recently, the number of customers asking for brokerage at the office has increased, mainly plots of land with prices from 450 - 900 million VND/plot.
"In addition to checking the origin and legality of the land, investors should check the conditions for land division and subdivision in the purchasing area. Some agricultural plots, or unregulated residential land plots, are illegally divided and do not meet the conditions for granting books, which will easily lead to the risk of disputes and capital loss in the future," said Mr. Cuong.
According to the Department of Construction of Can Tho City, in the first quarter of 2025, the city will have transactions on land plots of 1,124, transactions on individual houses of 1,054, transactions on apartments of 13 apartments; with the total value of real estate transfer transactions of over VND 3,200 billion.
Thus, the total volume of real estate transactions in the first quarter of 2025 reached 2,191 transactions, an increase of 68% over the same period in the first quarter of 2024.
Previously, at a meeting with the leaders of the People's Committee of Can Tho City, the Department of Agriculture and Environment proposed that the City People's Committee allow continued use of the 3 old land price lists until December 31, 2025, while waiting for the construction of a new unified land price list. According to Chairman of Can Tho City People's Committee Tran Van Lau, the construction of a unified land price list for the new Can Tho City will take at least 6 months.
