Thanh Hoa land prices are going up again
After a while the price did not move, or tended to fall in some areas, in early 2022, land prices in Thanh Hoa rose again. Plots of land in rural areas adjacent to main roads have price fluctuations of VND 100-300 million/lot compared to the time before Tet.
It is known that in Quang Linh, Quang Trung, and Quang Hai areas (Quang Xuong district, Thanh Hoa), land prices showed signs of fluctuation in early 2022. Not only land near the sea but also on the side of rural roads. land.prices are up one beat compared to May-June 2021 time. Trading is starting to re-emerge after a period of silence. In which, land plots worth 600-1 billion VND/platform were returned to local retail investors.
Recently, Mr C, bought a 100m2 land in Quang Xuong district in January 2022 for 1.3 billion VND/100m2 plot, with a large road frontage, in early March 2022 he sold 1.8 billion VND for one person other investors. While the price of 1.3 billion is almost “stagnant” from June 2021 until now. Because he has free money, Mr. C buys and sells the difference. Currently, the investor is looking for land to reinvest. This is also the time when the ground moves after 1 year of Thanh Hoa experiencing soil fever, and cools down around May-June 2021.
In mid-May 2021, right after the land fever subsided, Thanh Hoa land still did not experience the phenomenon of falling prices but was moving sideways. Where trading activity stopped because many investors left the market. However, a month later, land parcels in the province fell sharply, and investors appeared to be selling off to cut losses to repay bank loans.
During the peak of the land rush in early 2021, Thanh Hoa was the area that saw rapid price increases, especially plots of land around Thanh Hoa Town, Sam Son City and areas planning new projects. big project. In March 2021, plot prices in many areas of the province are increasing at a dizzying pace, by about 50-60% on average compared to the end of 2020.
Even plots of land in poor areas, poor infrastructure, land in small alleys that no one asked, suddenly the price went up, and many people wanted to buy. Land prices in urban and coastal areas in Thanh Hoa fluctuated from 12-15 million VND/m2, some places over 20 million VND/m2, 2-3 times higher than the market price in the same period last year, and many times higher than the land price determined by the state.
After the fever, in the Nam Sam Son area, land prices fell by 20-30%. The land at the peak of the fever cost 1.1 billion dong, dropping to about 800 million dong. The Nhu Thanh, Nong Cong and Nhu Xuan counties also saw price declines.
Research shows that land plots in villages and communes, which increased 2-3 times, decreased by around 50-80 million VND/plot a few months later. However, there are also some areas where the land of their citizens did not experience a decrease in price but deviated because they still maintained their land and were not in a hurry to sell it. And to date, these lots continue to set new price levels. Auctions take place in several areas where prices have reached new highs; The transaction also returns.
Recently, Thanh Hoa’s Department of Natural Resources and Environment said that they will focus on reviewing and examining the activities of land use rights auction organizations for cases with unusual symptoms…
According to the Thanh Hoa Provincial People’s Committee recently, the real estate market development is not really sustainable, there are still potential risk factors; databases, information on the real estate market is incomplete, lack of transparency; examination, examination and handling of violations have not met the specified requirements.
In some areas there have been cases and phenomena such as: business entities that run real estate businesses have not complied with legal provisions; illegal land transfers, real estate trading; carry out transactions to buy, sell and move houses and land without fully meeting the legal requirements and basis, which affects the socio-economic development and healthy development of the real estate property market; In some cases, the winning price is many times higher than the starting price (in some cases it is very high, which can have a negative impact on the housing and real estate market).
Faced with the above situation, the Thanh Hoa Provincial People’s Committee needs branches, regions and units to implement solutions to promote the stable and healthy development of the real estate market, to avoid the “bubble” situation of real estate.
Strengthen management, supervision, inspection and inspection; have appropriate solutions to prevent the spread of rumors, invest according to the psychology of the crowd, etc., cause instability in the market, adversely affect local social order and security and people’s lives. .
Handles cases of brokerage, real estate trading, real estate projects, land use rights, freelance management, land law violations, real estate business and related laws (if any).
In particular, strengthen strict control, deal with the assessment and control of the real estate bubble risk and strengthen the strict management of the real estate market situation in the case of real estate projects.Not enough legal matters are put into business.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
