An Quy Hung Land Joint Stock Company has inaugurated the first real estate market in Ha Noi’s Cau Giay District.

Nguyen Thi Hue, the company’s director, said the market would benefit home buyers who have to deal with poor-quality constructions, legal problems and with issues such as not getting possession of their house despite payment. The market has been set up to help home buyers avoid these problems. “This is the first closed estate trading model in Viet Nam, which has been built to connect investors, distributors and customers,” Hue said.

The 1,000sqm market will provide free office space and free billboard advertisements. It has its own website, chobatdongsan.com.vn.

Customers can look for all types of property, from low-income to high-end segments, here.

According to the company, the market will assess the legality of real estate projects, including their licences, construction progress and disputes, if any.— VNS