At the recent Quarter Real Estate Market report organized by Batdongsan, Mr. Dinh Minh Tuan - Director of Batdongsan in the South - said that in March alone after the explosion of information about the merger of provinces and cities, the price and search of land plots across the country fluctuated strongly, an average increase of 20-67% over the same period.
According to the reporter's actual record, from the beginning of March, the land fever began to return to the information of neighboring provinces and cities will be merged into Ho Chi Minh City, the real estate market in the adjacent area between localities becomes bustling.
Many abandoned urban areas for a long time and residential land lots and subdivisions in communes/wards of Phu Huu, Phuoc Khanh, Vinh Thanh, Phuoc An, Dai Phuoc ... in Nhon Trach district (Dong Nai) are brokers for sale and hand at the price increasing day by day. In the last 2 weeks alone, Nhon Trach land price has increased by 30-50%, some lots are even twice as high as the same period last year.
The report on the real estate market in Ho Chi Minh City and the vicinity of DKRA Group recently published shows that, in the first 3 months of the year, the primary price (the investor sold) and the secondary (investors bought and sold) land in the southern provinces recorded the rising momentum after many quarters decreased and sideways. The average increase in the primary market is 2-6% and the secondary market is 20-30%.
The land market in Ho Chi Minh City also has the lowest price recorded in the last quarter of 15.3 million VND and the highest 140 million VND/m2, an average increase of 9.2% compared to the previous quarter. Notably, the real estate market in Can Gio district (Ho Chi Minh City), where there is a project to build a bridge to Ba Ria - Vung Tau, the Metro highway and a series of large -scale urban and ports are about to be implemented this year.
Accordingly, the price of residential land in Can Thanh town, Binh Khanh commune is currently increasing by 20-30% compared to the beginning of the year and nearly double compared to this time last year. Many real estate brokers said that now, with financial 5 billion dong is almost impossible to buy land here. While half a year ago, this area did not lack the product 4-5 billion.
Information merged with the province and cities has significantly impacted the psychology of investors. According to a reporter's survey, the "immobile" land plots for nearly 3 years have suddenly fever. Quick transaction causes the price of the price to be pushed up. The opposite side of Can Gio is the real estate in Ba Ria - Vung Tau, the price is also increasing rapidly. The land of Phu My, Chau Duc districts ... for sale with an increase of 15-20% compared to the beginning of the year.
And the Binh Duong market does not "fever" as Nhon Trach, but the information will merge to Ho Chi Minh City as housing prices in Di An, Thuan An area, the closest place to the city, up 5-10% in just 2 weeks.
According to the reporter's actual recognition, the price has increased but in fact, the land trading in the past few weeks has been mainly "tricks" to turn around between investors, the storks blow the price. Most of the transactions stopped at the deposit to keep the land, the number of notarized transactions of the official purchase contract is not much.
According to some brokers, there are plots of land to 4-5 investors in just 2 weeks, each time to hand, the price increases by 10%. In fact, the purchase and sale does not go through the notarized contract to the name but only surfing the pile.
Mr. Nguyen Van Dung - Director of Truong Phat Real Estate Brokerage Investment Company - said that there is a lot of information on soil fever in areas that have been fever before. But this is only information launched by the people to push the goods bought in the previous fever. The investor over the planning information has caused some places to have virtual fever. The price increases rapidly but the demand is limited. Buying and selling activities only take place in investors. Accordingly, investors at this time need to observe the area carefully, identify the risk of cash flow and the script that occurs with the market.
