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Why did the “fever” hot spot in Cu Sue commune suddenly cooled down?

After a while, small investors from many places have flocked to buy land, causing land prices to dance, the current land price in Cu Sue commune, Cu M’gar district (Dak Lak) has quickly dropped. heat.

Cu Sue is a suburban commune of Buon Ma Thuot city. Recently, this place has suddenly become one of the “hottest” places in terms of land sales and transactions.

Why did the “fever” hot spot in Cu Sue commune suddenly cooled down?
The land sale sign is affixed with a label in Cu Sue commune.

Small real estate investors from many places have flocked here to buy land, causing land prices to dance wildly.

However, according to the survey of PV Infonet, In the past 2 months, the situation of buying and selling land in Cu Sue commune has subsided a lot, “land storks” are no longer hovering around the caves and alleys to hunt land like before and the price of land has started. downward.

Specifically, about 6 months ago, a sao of agricultural land in Sut M’ru village of Cu Sue commune cost about 2 billion VND depending on the location. Land prices suddenly increased, so many people sold their land. However, at the present time, the price of each sao of land is about 1.5 billion VND, a decrease of 500 million VND / sao.

People and local authorities said that although the sale and purchase of land was rampant, they only bought and sold, but no one bought land to build houses.

This is the reason why land prices, which were suddenly increasing rapidly, are now suddenly falling rapidly.

Talking to PV, Ms. NTH, who lives in Cu Sue commune, said that just about 5-7 months ago, the average price per acre of agricultural land was in a good location or outside of this Sut M’ru street. to several billion dong, even from 2.3 to 2.5 billion dong per sao. However, according to Ms. H., currently, the land in this area has decreased by half, now it is only about 1.3 to 1.5 billion VND/sao.

“There are many reasons for the rapid decline in land prices here, of which the local government has tightened the issue of paving roads on agricultural land; Moreover, people rarely build houses on the traded land but only buy and sell back and forth, so it also affects the land price a lot”, said Ms. H.

Land 'stork' suddenly disappeared, the hot spot of land 'fever' in the Central Highlands fell, prices plummeted without braking
The roads 3-4 months ago were still attracting people to come to buy and sell land, the phone number drawn in the middle of the road to find customers is now deserted.

Mr. Dang Van Hoan – Chairman of the People’s Committee of Cu Sue commune said that there is no longer a state of massive land purchase and sale like half a year ago, but in exchange for a quiet atmosphere, in general, the transaction situation Land transfer in Cu Sue commune has also decreased a lot.

Mr. Hoan also said that the day before the land price here was high, the local people sold a lot, the land price increased, so many families cut residential land and sold it and then built houses on agricultural land to save money. live. This is also an issue to consider.

According to Mr. Hoan, because the land trading activities are mainly hand-to-hand, it is difficult for the locality to know who buys, sells and sells, and to whom, but only grasps the actual situation.

Land 'stork' suddenly disappeared, the hot spot of land 'fever' in the Central Highlands fell, prices plummeted without braking
Many plots of land have been bought and sold and have been abandoned for a long time

Talking about the current land price has dropped, Mr. Hoan said, currently, although many plots of land in the commune have full legal papers and have been bought and sold in accordance with the law, people have not yet seen people build houses to buy and sell. live but only see buying and selling.

“The fact that people do not build houses but only trade with each other like that, at a certain time the price will go down and now it has stopped,” Mr. Hoan emphasized.

According to Mr. NVH, an investor, Cu Sue commune is only about 10km from the center of Buon Ma Thuot city, and is adjacent to Tan An industrial park where a lot of workers work. common land in the country, it is natural that the price of land here is blown up.

“Not only in Cu Sue commune, but also in other localities in the vicinity of Buon Ma Thuot city such as Cu Kuin, Buon Don, Krong Ana, and Buon Ho town coming here will also go down to its actual value.” , Mr. H said.

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