Be careful with the trendy land fever in Khanh Hoa

Hữu Long |

Khanh Hoa - Although there is no official information about the provincial merger plan, the local real estate market shows signs of being vibrant, with real estate prices increasing.

Recently, some people in the South Central provinces have begun to learn about the real estate market in Nha Trang, because many people predict that there will be changes and administrative mergers.

According to Mr. Phan Van The - Director of XGroup Investment and Development Joint Stock Company, real estate transactions in Khanh Hoa have increased significantly, especially after the merger information appeared.

Phan lon nguoi dan lam ho so tai bo phan mot cua Nha Trang nham giai quyet cac thu tuc ve dat dai. Anh: Huu Long
Most people prepare documents at the Nha Trang one-stop department to handle land procedures. Photo: Huu Long

In addition to customers from Ho Chi Minh City and the Northern provinces, many investors from the Central Highlands are also starting to pay attention because the transport infrastructure connecting the area is increasingly complete. A report from the Nha Trang City Land Registration Office Branch said that the number of land change registration dossiers increased slightly. From 141 records/day in early March 2025 to 188 records/day as of March 19, 2025.

However, Mr. Phan Viet Hoang - General Secretary of Khanh Hoa Real Estate Brokers Association - warned that investors need to be cautious about land fevers following "trends".

Without synchronous development of infrastructure, economy, and society, real estate prices can be pushed up too high, causing great risks for real buyers and individual investors.

Overloaded at the one-stop department

unclear rumors about merging provinces and cities also increase transactions and administrative procedures of people related to land. For example, the one-stop-shop of Nha Trang City People's Committee has been overloaded on some days of the week.

Faced with this situation, the Office of the People's Council and People's Committee of the city have piloted an automatic numbering system (both direct registration and online registration) to help customers proactively choose the time to come and resolve the issue.

From February 3 to March 11, this department issued 9,979 consecutive numbers, of which the land sector accounted for 74.6%, and business licensing accounted for 17.7%.

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