land prices

Update news land prices

The prices of land and houses have been leveling off in most localities, according to the Ministry of Construction (MOC).

M&A deals light up property market in first half of 2022

Since the beginning of the year, the real estate market has seen an uptick in merger and acquisition (M&A) activity, including office, residential, and industrial projects.

Search for apartments falls due to proposed cap on ownership term

Many buyers have become less interested in apartments after hearing that the Ministry of Construction (MOC) has proposed the setting of a cap on the term of apartment ownership. Despite this, apartment prices remain high.

Banks become choosier about clients, real estate prices escalate

Experts say buying houses now, especially good projects, will help people optimize their credit and price advantages.

Many localities reserve the best land plots for real estate projects: PM

Prime Minister Pham Minh Chinh stressed that land needs to be used in the right way to create value and jobs, and that real estate development must not be the priority.

Land Law needs amendments to ensure better lives for displaced residents: expert

Prof Dang Hung Vo said Vietnam is taking a step forward with the policy that the lives of people whose land is taken back by the state to make room for investment and development projects must be equal or better than they were before.

Restrict credit for real estate projects in a reasonable, flexible way: PM

Prime Minister Pham Minh Chinh, at a conference on the real estate market held recently, affirmed that Vietnam will not tighten real estate credit in an unreasonable or rigid way.

Very few apartments priced below VND25 million/sq m in large cities: Ministry

Minister of Construction (MOC) Nguyen Thanh Nghi said real estate prices continue to rise. Very few affordable housing products exist in Hanoi and HCM City.

Trillions of dong ‘buried’ in land, urban planning needs overhaul

Deputy Minister of Construction Nguyen Van Sinh has made three important proposals on urban planning that could help prevent false rumors and illegal profiteering, and control the real estate market.

Land fever subsides, amateur investors leave real estate market

People who rushed to buy real estate during the latest land fever have left the market as prices have decreased.

Land fever: bad consequences and new solutions

Since doi moi (renovation) in 1986, the Vietnamese real estate market has witnessed many ups and downs, including four “price fevers” so far.

Land prices in Hanoi area surge by 30-50 percent

Real estate prices in transactions rose in the first three months of the year, according to the Ministry of Construction (MOC).

Local authorities take action to stop ‘land fever’

Localities are taking serious measures to control real estate brokerage activities and speculation, as they believe that the activities are behind land price escalation.

Land prices soar, 5-year savings not enough to buy land plot

Land prices have been escalating not only in large cities but rural areas as well.

Income per capita low, but land prices sky-high

To prevent speculation and price inflation, the State needs to apply comprehensive measures to increase the transparency and supply in the market.

Property tax will not prevent speculation: experts

Imposing property taxes on houses is not a radical solution to build a healthy market, experts say. Taxation will make the real estate market, which is in difficulties because of legal problems and short supply, become even more deadlocked.

What’s behind sky-high bid prices at land auctions?

Inflating land prices via auctions is one of the biggest problems of the real estate market. It creates an artificial land fever in the market and deprives people of opportunities to own accommodations.

After Thu Thiem auction, people queue up to buy land worth millions of dollars

Though the winners of Thu Thiem land auctions withdrew their purchase contracts, the land market in HCM City remains hot, and the prices of some projects are escalating.

Finance Ministry's proposed property tax on houses sparks controversy

While some people support the Ministry of Finance’s (MOF) plan to tax houses, others warn that taxation is not feasible and this may bring the opposite effect.

Garden, agricultural land attracts more investors

Garden and agricultural land is attracting buyers because of anticipated profits during “land fever” spells.