The Department of Natural Resources and Environment in Danang City said on September 20 that two firms with Chinese involvement own the rights to 21 coastal land lots in the central city.
Ho Chi Minh City will put up for auction four land lots in functional area No. 3, part of the Thu Thiem New Urban Area project in District 2, to gain experience before holding auctions for the remaining 11 land lot.
Ho Chi Minh City (HCMC) will put up for auction the rights to use 15 land lots in functional areas No. 3 and 4, part of the Thu Thiem New Urban Area project in District 2, according to the HCMC government office.
While many people are showing interest in purchasing apartments in HCMC, land lots are the most preferred property product in Ba Ria-Vung Tau Province.
The National Assembly’s (NA’s) supervision delegation has asked the Government to issue policies to prevent the Vietnamese people from buying land lots and apartments and transferring them to foreigners.
Da Nang People's Committee has just assigned the city’s Department of Natural Resources and Environment the task of publicizing 500 land lots for enterprises and people to participate in auctions, no later than end of July 2019.
HCM City will continue to auction 5,034 resettlement apartments and 43 land lots designed for building relocation housing following earlier unsuccessful attempts, according to the Department of Construction.
According to experts, the estate market in Q. I revolved around the land segment. Several forecasts suggested it will still be an appealing investment channel in Q. II, 2019.
The HCMC government will once again attempt to auction 5,034 resettlement apartments and 43 land lots for resettlement following two previous unsuccessful tenders, according to the HCMC Department of Construction.