land speculation

Update news land speculation

Some localities have not strictly followed procedures when auctioning land.

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.

Ministry of Finance ponders plan to limit speculation

Concerns are being raised about the proposal to increase taxation imposed on real estate transactions and leasing and whether it could be an effective tool to prevent real estate speculation.

Transparency, increased supply are needed in real estate market

Improving supply and providing transparent information about property projects are the most important solutions that will help prevent speculation.

Thu Thiem land auction: 2 winners cancel contract, 2 late in land use fee payment

The deadline for the first round of Thu Thiem land use fee payment has expired, yet none of the four winners of the land auction on December 10, 2021 perform its duty.

Land prices in a whirl in 2021

Prices at land auctions in the last months of the year have been climbing to new highs.

Money once poured into real estate now goes to fashion

Real estate, in the eyes of investors, is the most profitable and least risky business field.

What's different about ‘land fever’ in 2021?

According to the Vietnam Real Estate Brokers Association, land prices have risen quickly, 10% a month on average. In some places, it has increased 2-3 times in just 1-2 months.

PM wants to reform tax regime to prevent real estate speculation

Prime Minister Pham Minh Chinh has emphasized that the national housing strategy needs to include reasonable social housing development, and the tax regime on land speculators should be adjusted.

How can 'land fever' outbreaks be stopped?

A “land fever” is spreading throughout the country, from the North to the South, from the lowlands to the mountains. Everywhere, the price for land of all kinds, from housing to industrial to farming land is increasing.

What’s behind the 'land fever' phenomenon?

The market often cools down when periods of "land fever" end, but then new higher price levels reoccur later.

‘Land rush’ breaks out, price triples within one month

Land prices unexpectedly escalated after Tet holiday, though Vietnam is still struggling with Covid-19 and people have had to tighten their purse strings during the pandemic.

Da Nang warns about property speculators

The Da Nang Department of Natural Resources and Environment has warned that the tricks of several property speculators could drive up land prices in the central city after recent announcements of adjusted master planning.

Local authorities struggle to stop real estate bubble

The real estate market remains feverish not because of high demand and short supply, but because of speculation, experts have said.

Land speculation continues, realtors incur big losses

A leading Vietnamese real estate developer has reported an additional loss of tens of billions of dong, raising its total loss in 2020 to VND500 billion, though land prices are escalating all over the country.

HCM City seeks investors for nine plots in Thu Thiem

HCM City will organise an auction to seek investors for the right to use nine land plots in the Thu Thiem new urban area in District 2.

 

Projects in theory, raising prices in reality

Whenever information on infrastructures of a town gets leaked, even as a mere proposal of the government, real estate prices of that area would immediately go up.