In the early days of February 2025, the real estate market in the area of Hoa Binh Lake (Da Bac, Cao Phong, Tan Lac, Mai Chau and Hoa Binh City) has cooled down.
Ms. Bui Thi Hien, a resident of Vai Nua commune, Da Bac district - shared, from the end of 2021 to mid -2022 is the climax of the land fever in the area of Hoa Binh Lake. Many families have changed their lives thanks to the sale of land, although they do not understand why the price of land has increased so strongly, while this area has not appeared any large projects.
“That day, hundreds of people every day came here to find residential land, garden land and agricultural and forestry land. The hectares of land with a few hundred meters of residential land are sold up to billions of dong, ”Hien said.
According to Hien, from the beginning of the year until now, the situation of land trading shows signs of slowing down because the residential land fund can build now very rare.
Experts said that the land on the area of Hoa Binh Lake was sought after eating according to the planning information of the National Tourist Area of Hoa Binh Lake, Hoa Binh Province to 2035.
According to Mr. Nguyen Duy Liem (real estate broker), land on the area of Hoa Binh Lake is purchased by investors mainly for resort and tourism.
Thanks to the planning factors of Hoa Binh lake, the large corporations and companies came to find out that the investment has helped the real estate market here soared. There are people who buy before the land fever, so far has increased at least double
“The resort land is the most fever, especially in Da Bac district, followed by Cao Phong district - where there are many resort real estate projects on the lake. However, up to the present time, the situation of real estate trade in Hoa Binh Lake has tended to decrease in general, almost very little transactions, ”Mr. Liem shared.
According to Liem, the reason is that the land fund is limited because investors buy and retain for many years, beautiful locations are now very rare. Although the land area on the lake is quite large, not all areas can be purchased, because many areas have been planned to be forest land or protective land.
"Currently, the price of garden land and residential land in this area is stable at 1-2 million VND/m2. And the area of Hien Luong commune, the price can be up to 3-4 million VND/m2 for the land There is a beautiful location, clinging to the lake, suitable for tourism development. M2 in Hoa Binh Lake area today is very rare, "Mr. Liem added.
Mr. Xa Van Hoe - Vice Chairman of Hien Luong Commune People's Committee (Da Bac) said: “Currently, in Hien Luong commune, the lake area has attracted the investment of 6 individual enterprises from other localities, These units have bought land to develop tourism and plant medicinal herbs ”.
According to Mr. Hoe, Hien Luong Commune Information is part of the planning of Ho Hoa Binh National Tourism Area with an area of up to 52,200 hectares, which has attracted the attention of many investors. However, after the land fever 2-3 years ago, the real estate market in the area of Hoa Binh Lake has shown signs of slowing down, because the current land fund is not much.
