Investing billions of money to buy land along Ring Road 4

Thu Giang |

Many investors have spent billions of dong to buy land along Ring Road 4 (Hanoi) with the expectation of increasing prices in the future.

According to the PV Lao Dong, over the past time, many investors have continuously searched for land plots along the Ring 4 Project (Hanoi).

Mr. Nguyen Van Cuong (long -term real estate investor in Hanoi) said that in the past 2 months, the land market in the "hot spots" such as Thanh Oai, Hoai Duc, Me Linh ... The place where the Ring Road 4 project is passed, there are signs of recovery, receiving the return of investors.

Mr. Cuong added that many investors were interested in, exploring the land market near the Belt 4 project, which made this segment exciting again, escaping gloomy.

However, the successful transaction closing rate is falling into the segment of about 2-3 billion VND/lot, land plots from 3-5 billion VND/lot and picky buyers.

Ring Road 4 project - Capital region through localities is also increasing the "heat" for the land segment.

This signal makes many investors have an idle source of money, even hurried down to buy land plots following the project.

Gia phan khuc dat nen ven Du an duong Vanh dai 4 (Ha Noi) lien tuc tang cao. Anh: Thu Giang
The price of the land plot segment in the districts along the Ring Road 4 (Hanoi) is constantly increasing. Photo: Thu Giang

The Vietnam Real Estate Brokers Association (VARS) said that the newly built and expanded transport infrastructure can bring great value to the neighboring real estate market. However, the implementation of these transport infrastructure projects must be long -term.

Many real estate experts analyze, investors need to be very careful, thoroughly understand the real estate market, understand the information of planning projects, liquidity to avoid the risk of capital burying, some The place where the land price is there is unfounded land price.

Ms. Do Thu Hang - Senior Director of Savills Hanoi Consulting and Research Department - said that a transport infrastructure was often implemented for many years, in certain stages. Investors need to understand the current status of the planning, the completion progress of component projects to make appropriate decisions.

Mr. Nguyen The Diep - Vice Chairman of Hanoi Real Estate Club - said that over the past time, the price of land along the Ring 4 project has continuously increased.

Experts say that, in the long term, when the Ring Road 4 is completed, the price may continue to go up. However, the deployment of this route is long -term, unable to be profitable immediately when buying, investors need to be alert, determining this is a long -term investment.

Also according to Mr. Diep, the same land along the Ring Road 4 project, but not all areas will increase prices, but also depending on the speed of economic development and infrastructure of the locality.

Thu Giang
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Expectation of price increase when buying and surfing cheap land plots

Thu Giang |

Many plots of land plots in the suburban districts are being "surfing" by investors with the expectation of increasing prices in the future.

Unusual price fever, land plots along Ring Road 4 are still difficult to sell

Thu Giang |

The land segment along Ring Road 4 (Hanoi) has continuously increased in price by tens of millions of VND/m2 recently.

Split plots of land under 2 billion VND are sought after at the beginning of the year

Thu Giang |

Many investors are looking to buy subdivided land plots under 2 billion VND/plot in the suburbs of Hanoi in early 2025.