Posting an ad for an 80m2 house on Nam Ngu Street, Mr. N.T.N (phone number 0946810xxx, Hoan Kiem District, Hanoi) shared that due to bankruptcy and urgent need for money, his family wanted to quickly sell the townhouse more than 2km from Hoan Kiem Lake, which already had a red book.
With the above mentioned amenities located in the central area, this 5-storey house is being sold by Mr. N.T.N for 24.5 billion VND, equivalent to more than 306 million VND/m2.
Similarly, also selling a house on Nguyen Trai Street (Thanh Xuan District, Hanoi) due to bankruptcy, Ms. Tran Ngoc Minh shared that she is selling the 5-storey street-front house for 26.9 billion VND, equivalent to about 538 million VND/m2, not including the cost of red book and transfer procedures.
According to Ms. Minh, although the house has just been put up for sale, recently many customers have made appointments to come see the house to use as a place for business.
However, according to Lao Dong reporters' research, although the selling price has been continuously increasing for very attractive reasons, there is still no detailed statistical data on the actual number of transactions and prices of townhouses in the central districts of Hanoi.
Many real estate experts have previously warned that it is possible that homeowners and brokers post ads for sale with the excuse of bankruptcy or selling at a loss to attract people's attention.
Mr. Tran Hoang (real estate broker in Hanoi) said that there are cases of selling townhouses due to bankruptcy on the market, but this is a rare number.
However, it is not impossible that real estate brokers have taken advantage of this information to post and sell real estate products to attract customers, affecting the psychology of home buyers.
Speaking with Lao Dong, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - commented that street-front houses are a segment that many people are interested in.
As for the current information about selling at a loss due to bankruptcy, it may be because the homeowner is facing real financial difficulties, but it is also possible that this is a trick to attract attention, influence, and stimulate the psychology of buyers.
Experts note that when researching the street-front house segment, people need to pay attention to verifying and comparing price information for similar products on the market.
According to this expert, it is necessary to carefully check the legality, documents, red book... before deciding to pay to buy a street-front house for sale.
