The aftermath of the sale of plots and plots

At 2:00 a.m. one day in mid-April, in front of the branch gate of the Land Management Office of Cam Lam district, Khanh Hoa province, hundreds of people holding documents in their hands waiting to pick up the order number to make land-related documents. They said they go to work to split the plot to increase the value of the land they own.

The poor hometown is disturbed by land fever

From the beginning of 2022, Cam Lam district has become a “hot spot” for plots and plots for sale. Hundreds of land storks, real estate brokers from all over the world flocked here to divide plots and sell plots, causing land prices to increase rapidly.

“In the past, Cam Hiep North and Cam Hiep South areas cost about 60-70 million VND for running meters (horizontal meters), but when there was information about large corporations about to do projects, land prices increased by 80-100 million VND / meter. In recent days, when there is a milestone, the price continues to rise to 130-150 million dong. Seeing them compete to pay the price, the next group was shouted at a higher price than the previous group, even though they only considered the land about an hour apart,” said Mr. Nguyen Van Binh (living in Cam Hiep Bac commune).

“Living with a mango tree for nearly 70 years, I don’t think I will sell land for money, but the price of land is so high, my family also wants to have money in and out of the field,” said Mr. Nguyen Van Binh.

The nearly 70-year-old farmer also did not expect that the land left by only living mango trees left by his parents is now worth billions of dong.

“Living with the mango tree for nearly 70 years, I don’t think I will sell the land for money, but the land price is too high, the family also wants to have money in the field, repair the house, give the children some business capital. “, shared Mr. Binh.

Many locations of shrimp and mango growing land in Cam Lam have been subdivided and sold. Photo: Xuan Hoat.

Not only Mr. Binh, hundreds of households in Cam Lam decided to sell production land to “change their lives”. Many people frankly say that the price of land is high, if not sold tomorrow, the compensation will not be much.

According to some storks, during Tet, prices increased sharply, but then the government intervened, so it was quiet. “Since VinGroup officially announced that it will invest in a super urban area in Cam Lam, land prices have continued to increase,” said a land stor named Phu and said that now there is a 1 billion It is very difficult to find beautiful land in Cam Lam.

At the end of March, hundreds of land storks also flocked to Dong Phu district (Binh Phuoc) to buy and sell land. Along the route DT.753 – the planned route connecting Binh Phuoc province with Dong Nai province through Ma Da bridge, land sale boards sprang up like mushrooms.

According to local people, land in Dong Phu increased in price every day right after the Prime Minister went to survey the area where the Ma Da bridge is expected to be built, connecting Binh Phuoc with Dong Nai. “Foreigners come to trade land, but local people are very few. They buy and sell publicly, hand over billions of dollars after a few sentences,” said Mr. – Living in Tan Loi commune, Dong Phu district said.

“In the past, the land here was just over 100 million VND/square meter (ie, the frontage of the land parcel), but now the land price has nearly tripled, to nearly 300 million VND/square meter. And the road surface DT.753 increased 2-3 times compared to normal”, Mr. D. added.

In just a short time, thousands of square meters of cashew and perennial crops along DT.753 road in 2 communes Tan Loi and Tan Hung (Dong Phu district) were flattened and divided into plots for sale.

Similarly, in Khanh Hoa, many localities where people used to only “sell their faces to the land, sell their backs to heaven”, now change their lives because they have won the land.

Within a few months, thousands of square meters of mango and shrimp land in Cam Lam district became land with the price of billions of dong/lot. “In the past, if you planted a mango crop, you would get 20-30 million dong, if you lose a crop with a low price, it will be considered as effort to make up for the loss. Now the land price is high, those who have a lot of it will cut and sell less, if not, they will split the plot themselves, go to the residential area to sell at a higher price”, said Mr. Nguyen Anh – living in Cam Hiep Bac commune.

Eat with the big man

For decades, the vast mango growing area of ​​Cam Lam district only had sincere farmers and traders who bought mangoes, but now cars are running around.

“This period is less crowded, but on the occasion after the last New Year, cars were crowded, and hundreds of people hardly slept. Everywhere I go, I hear about buying and selling land, transferring, many people win tricks, so they buy cars and build new houses, “said Anh.

People stay up all night to pick up the serial number to make land-related documents in Cam Lam. Photo: Xuan Hoat.

At the beginning of 2020, in Cam Lam district, many projects with the name “beautiful” appeared such as Cam Lam Future, Cam Lam Sky Lake, Cam Lam Diamond, Cam Duc New Town, Cam Lam Riverside… This local leader confirmed to Zing that there are no projects with such names in the area, but in fact “projects” that are subdivided and sold in plots.

The above “projects” appeared when it was announced that large corporations intend to invest in projects in Cam Lam area.

“Since there was information about the construction planning of the airport urban area in Cam Lam, there has been a situation of people rushing to make documents to separate the plots, leading to overcrowding. In just the first 4 months of 2022, there were more than 19,000 land-related documents and the whole year 2021. While the branch can only handle 60 documents a day,” – leader of the Orange District Land Management Office Branch Lam, admitted.

Unforeseen consequences

Mr. Phan Viet Hoang, Deputy General Secretary of the Vietnam Real Estate Brokers Association, said that the most common tricks currently used by real estate brokers are to take advantage of investment promotion information of large corporations. about to deploy the project in the locality to create a sales wave.

According to Mr. Hoang, currently, some organizations and individuals doing real estate business are taking advantage of the lack of rigor and uniformity in legal regulations to collect agricultural land.

Then, they leveled the ground, took advantage of the mechanism of land donation as a way to split the plot as prescribed by the law to give it to their children or transfer it to another person but not for real estate business purposes to conduct the transfer. purpose, separation of parcels.

“After completing the above procedures, they only do the remaining simple work to deploy the subdivision and sell the ground without having to set up a housing investment project in accordance with the law,” Hoang said. know that this is easy to cause conflicts between the provisions of detailed planning, zoning planning and rural residential area planning.

Deputy General Secretary of the Vietnam Real Estate Brokers Association analyzed that if it is an official project, the subdivision land plots must be implemented according to the project model in the planning, accepted by the local government, the owner Investors must fulfill all financial obligations and must meet other conditions as prescribed by law on urban planning, construction, urban development, real estate business and housing.

Upland land in the area where the Ma Da bridge is expected to be built connecting Binh Phuoc – Dong Nai has been leveled, subdivided, and sold. Photo: Le Ngan.

According to Mr. Hoang, subdivision of plots for sale of the ground will only bring short-term economic benefits in the short term, but in the long term will generate many negative consequences for social security issues.

Mr. Phan Viet Hoang: After the land fever passed, the consequences were very heavy for local people, they gave up all their work to chase the billionaire dream.

“After the land fever passed, the consequences were very heavy for the local people, they gave up all their jobs to chase the dream of billionaires, while the investors were exhausted when the financial burden was too great because of holding the goods. illiquid assets cannot die,” said Mr. Hoang, and analyzed that on the local side, they lost the opportunity to call for and attract investment because of the unreasonably high land price, affecting investment and spending activities. site clearance fees and investors will look for a more ‘peaceful’ investment environment.

“The profitability factor of real estate is shown through the socio-economic development of the locality, not through the acclaim and inflated prices of the brokerage floors”, this expert emphasized.

According to zingnews.vn