Prices are about to increase
Talking to Lao Dong reporter on August 19, Mr. Nguyen Van Manh (living in Ha Dong district, Hanoi) informed that because he needs money urgently, his family is urgently selling a serviced land plot in Duong Noi ward.
"The 50 m2 serviced land plot with a selling price of 8.8 billion VND, equivalent to 176 million VND/m2, is receiving many people's calls and inquiries because the area has full utilities, infrastructure, and transportation. convenient communication.
This land plot is located near the road connecting Duong Noi urban area to the urban area in Nam Tu Liem district (Hanoi). If investors want to close the purchase quickly this month, I will take care of all the procedures, paperwork, and transfer the red book name" - Mr. Manh said.
Also selling serviced land lots, Ms. Nguyen Thi Thom (born in 1985, living in Van Canh commune, Hoai Duc district) shared that the serviced land segment in communes of Hoai Duc district has recently been continuously popular. Owners push prices up 10-20% compared to early 2024.
Even some service land plots in Van Canh commune located in front of main roads are currently being offered for sale at a price of 133-136 million VND/m2.
Or Van Canh service land plot in 4.5ha area, with 11m wide road, selling price in early 2024 was about 85-95 million VND/m2 but now has increased to 90-150 million VND/m2. Service land in Kim Chung commune's asking price increased from 140-155 million VND/m2 previously to 155-170 million VND/m2.
However, according to PV Lao Dong's research, although the level of for sale is continuously increasing, there is still no specific data on actual transactions in the serviced land segment in the suburban areas of Hanoi.
Be cautious in investing, buying and selling
Mr. Tran Hoang - real estate broker in Hanoi - information, service land, also known as commercial land, is a type of land planned and allocated by the State to citizens or households with agricultural land. but has been revoked for other projects, or land is put up for bidding in some public areas according to new urban models such as markets or bus stations.
Recently, many investors have been interested in this type due to its advantages such as being located in a prime location and convenient for business and trade. Therefore, this type can both exploit cash flow and have the potential to increase prices over time.
Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association (Vars) - commented that some areas on the outskirts of Hanoi are experiencing a phenomenon of transactions growing locally and then going sideways.
The market appears to have more investors hunting for land, actively building houses on investment plots waiting for price increases to rent out, earning monthly cash flow.
In addition, land auction activities in some localities, especially Hanoi markets, are recording a recent surge in the number of applications, with successful auction rates ranging from 20% to 10% higher. times the starting price.
Experts say that investors in land and serviced land in Hanoi need to determine that this is a long-term investment, should not prioritize using financial leverage, should prioritize favorable locations as well as potential. of the land to make decisions.
