Public land auction
Deposit fines may be raised to control land auctions
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The Vietnam Association of Realtors (VARS) proposed that it is possible to hire a valuation consultancy organization and consider raising the deposit level and penalty for land auction deposits.
Ba Ria - Vung Tau auctions 4ha land plot on December 27
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It is expected that on the afternoon of December 27, Ba Ria - Vung Tau will continue to auction a land plot of more than 4 hectares in Vung Tau City, with a starting price of nearly 400 billion VND.
Auction of more than 5,500m2 of land for commercial services in Hai Phong
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Hai Phong - Hai Phong City has issued a decision approving the auction plan of 5,517m2 of land for commercial service projects in Nga Nam Urban Area - Cat Bi Airport.
Dong Nai has 21 golden lands worth more than 42,000 billion VND that have not been auctioned yet
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Dong Nai - 21 land plots adjacent to 9 traffic routes, expected to generate about 42,800 billion VND, have not yet been auctioned.
Prevent the wave of abandoning deposits for suburban land auctions
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Many experts believe that the State needs to control starting prices and ensure a transparent land auction mechanism to limit the phenomenon of deposit abandonment.
Hanoi forcibly reclaims land for a 3.5-hectare project
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Hanoi - Authorities have forcibly recovered land from 30 cases that did not agree to hand over the site to build a 3.5-hectare project.
Starting price for land auction in 3 suburban districts is dropping sharply
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Hanoi - The starting price for land auctions in Me Linh, My Duc, and Hoai Duc districts in December 2024 is showing a downward trend, with some places starting at only VND1.1 million/m2.
Hoai Duc auction land predicted to exceed 170 million VND/m2
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On the morning of November 4, an auction of 20 land plots took place in Hoai Duc district (Hanoi).
Signs of manipulation and inflation of real estate prices by an interest group
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National Assembly Delegate Ta Van Ha said there were signs of manipulation and price inflation, creating a real estate bubble by an interest group.
The winning price of Hanoi land auction is many times higher than the starting price
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Recently, many land auctions in Hanoi have been successful with prices ten times higher than the starting price.
FOMO psychology seen from record high land auctions
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The FOMO mentality has made land auctions increasingly hot, pushing auction prices to record highs, many times higher than the starting price and higher than the market price.
Stop the trick of waiving deposits and inflating land prices through auctions
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Many brokers take advantage of the high auction prices to inflate land prices in neighboring areas. Meanwhile, those who successfully bid for land at high prices also continuously default on their deposits.
Difficulty in handling price inflation in land auctions
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Nghe An - The real estate market in the vicinity of Vinh City has recently been very active with auctions attracting thousands of participants.
