"Winter- uying" premises
According to Lao Dong, along the main streets of Dien Bien Phu City such as Vo Nguyen Giap, Hoang Van Thai, Truong Chinh..., it is not difficult to see the image of shops and kiosks closed quietly, with many announcements for renting premises in front of them.
Discussing this issue with Lao Dong, Mr. Le Van Thuc - representative of Dien Bien Real Estate Club, said that the real estate market for rent in Dien Bien Phu City is undergoing adjustment.
According to Mr. Thuc, the impact of the general economic recession on purchasing power decreases, rental prices are no longer suitable, fierce competition between premises and some locations are no longer favorable for business, which are the main factors.
To solve this problem, Mr. Thuc said that tenants should re-evaluate rental prices close to market reality, invest in renovating and upgrading the premises to increase attractiveness. At the same time, it is necessary to promote advertising on online and offline channels and be more flexible in negotiating prices as well as contract terms.
Mr. Thuc also noted that the renter can consider consulting with real estate experts for more specific instructions.
Mr. Chien - a real estate sales staff in Dien Bien Phu City said: "Consumption habits have changed, people are strongly switching to online shopping, weakening traditional business. The increase in real estate supply while real demand does not increase accordingly has created a great pressure on the market".
Given the above situation, Mr. Chien said that sellers also need to look back at the price level to make it more reasonable. In addition, intermediaries should closely grasp the real estate situation, maintain relationships with good-looking customers and maintain relationships with banks, notary offices, etc.
Renovating surplus headquarters for housing
Meanwhile, the demand for social housing in Dien Bien raises the problem of attracting investment. According to the housing development program for the period 2021-2030, with a vision to 2045, the Department of Construction said that in the period 2021-2025, the province aims to develop an additional 20,000 m2 of social housing floors, equivalent to about 400 new shelters.
This figure will continue to be increased in the period of 2026-2030 with 55,000 m2 of floor space, providing about 1,100 more houses. To realize the above goal, 12 prime locations have been identified, mainly concentrated in urban areas and with potential for development with a total area of nearly 30 hectares and nearly 3,890 apartments.
Recently, at the Conference of the Steering Committee on the development of social housing and the implementation of social housing policies for policy beneficiaries organized by the Dien Bien Provincial Party Committee on June 12, Mr. Tran Quoc Cuong - Secretary of the Dien Bien Provincial Party Committee requested the Department of Construction to preside over and coordinate with the Department of Finance to advise on the development of a social housing implementation plan for the province.
In particular, after the arrangement of administrative units, localities need to identify, classify, specify each type of social housing differently, and forecast new demand.
At the same time, develop a plan for social housing land in the locality, and first renovate the surplus headquarters to convert them to houses and public housing.
According to the status report and results of implementing social housing development, Dien Bien province has built 1,185 public housing units (reaching 54.18%); completed 5 projects, developed 778 resettlement plots (exceeding the plan), and is investing in 1,261 new resettlement plots.
Regarding housing development for students, the total area of the dormitory is currently over 21,00m2 of floor space, arranged for 8,733 students. Regarding workers' housing, there are currently no industrial parks and social housing needs for workers have not been determined, some companies have arranged housing for workers themselves.
Regarding social housing according to the project, there is currently no centralized social housing project to be completed due to lack of funding and difficulties in attracting investors.
