The latest report from the website Batdongsan.com.vn shows that the real estate market in Hanoi in the first months of 2025 has shown positive signs of recovery. The most prominent of which is the land segment, which is leading in terms of purchasing demand.
According to the website Batdongsan.com.vn, in the first half of February 2025 alone, the number of land searches nationwide increased by 2-3 times compared to January. Notably, in Hanoi, the demand for land plots is concentrated in areas such as Long Bien, Dong Anh, Ha Dong districts...
Investor Vu Thi Quynh Giang, currently living in Ha Long city (Quang Ninh), said that to minimize risks in land investment, there are types of land that investors need to stay away from.
Accordingly, it is advisable to avoid investing in ghost project land. Ghosts are virtual projects that are painted without a basis. This means it is not real, not existed legally, not in reality.
Ms. Giang believes that to know whether a project is real or not, investors can proactively go to the land department at the commune, district or provincial level Department of Natural Resources and Environment to find out information or request brokers to provide legal documents such as approving investment policies, approving 1/500 planning... If there are no such documents, investors must stay away.
Another type of land that has also pushed investors into a predictable situation is land that is being mortgaged and mortgaged at banks. The plots of land being mortgaged at this bank were sold by the investor to customers without the bank's consent.
This means that these plots of land have not been mortgaged when the investor signs a sales contract with the customer. And when customers demand legal rights to issue certificates for those plots of land, the investor gives them a League of Legends, promising many years. Only when this investor was in trouble did the bank sell mortgaged assets to customers and discovered that they had violated the law.
According to Ms. Giang, the case of unlicensed subdivided land plots also causes many investors to fall into a difficult situation. For small investors who are just entering the market, they should "make sure to wear it" and choose to buy land with a red book to ensure their rights.
Mr. Dinh Minh Tuan - Southern Regional Director of Batdongsan.com.vn said that to minimize risks in buying and selling land, investors need to pay special attention to understanding project legality.
Accordingly, that land project must complete the investment in the construction of technical infrastructure works according to the plan; ensure the provision of electricity, water, drainage, waste collection services, etc. The project must have a certificate of land use rights. The right to use the transferred land is within the land area of the project with a certificate of land use rights.
In addition, land not falling under the area of a ward, district or city of a special-class urban area, type I, type II and type III; not subject to auction of land use rights to invest in a housing construction project according to the provisions of the Land Law. For the remaining areas, the Provincial People's Committee will base on local conditions to determine the areas where project investors are allowed to transfer land use rights with technical infrastructure for individuals to build their own houses.
