Apartment prices are continuously increasing, so recently, Mr. Nguyen Van Son (born 1990, native of Nghe An) is looking to buy a house in an alley to settle down in Hanoi.
"During my search, I was very surprised when the broker took me to see houses in the alley that did not have red books but were being asked by the owners for nearly 100 million VND/m2.
These houses all have small areas and are located deep in alleys. Even though the price is cheap, if I want to buy it, I have to do a transaction in the form of a certificate, so I'm quite worried because I'm afraid of future risks" - Mr. Son said.
According to the research of reporters from Lao Dong Newspaper, on many social networking groups recently, there has been a lot of information about houses for sale in alleys without red books at a selling price of nearly 100 million VND/m2.
For example, a house in an alley in Hai Ba Trung district (Hanoi) is being sold by Facebook account Thu Hong for 2.95 billion VND, with an area of 30m2, equivalent to nearly 100 million VND/m2.
Ms. Hong shared that the house currently does not have a red book, but legally it has a house allocation certificate for officials and full annual tax payment. If she closes the sale quickly, she will make a fortune and buy and sell through the form of a deed.
Or another house in an alley without a red book on Dinh Cong street (Hoang Mai district) with an area of 40m2 is being sold for more than 3.9 billion VND. According to the broker, the house was built on agricultural land that pays annual taxes and the homeowner commits that the land is not "sticky" with planning or buying and selling through the form of a deed.
OneHousing real estate ecosystem analyzes the advantages of houses and alley land in Dong Da, Thanh Xuan, Ha Dong districts... with the advantage of being located in the center of Hanoi City. One of the biggest benefits of houses in alleys is that the selling price is much lower than that of houses on the street or large connected alleys.
However, to enjoy the maximum advantages of houses in alleys, according to OneHousing, it is important for buyers to carefully research the law, information about the area and the condition of houses in alleys before deciding to buy. There will be inconveniences and risks later.
Talking to Lao Dong, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - mentioned that house prices in alleys in the center of Hanoi in recent months are being sold at very high prices.
In essence, the house market in alleys is not much, the reason many people are looking to buy recently is because this segment has many more convenient factors than apartments and has long-term profit potential.
Experts say that, in addition to the strengths, people wishing to buy houses in alleys need to consider a number of criteria such as entrance width, fire prevention approach, quality of housing and construction, Legal procedures such as red books and construction permits to anticipate risks and have options suitable to your needs and finances...
