The draft revised Law on Land, which will be on the agenda of the National Assembly’s meeting for the first time this month, is receiving a lot of attention from the public as it will remove the Government’s land price...
Official land prices (called the coefficient or K coefficient) in HCM City will remain unchanged this year amid the rising cost of goods and challenges facing the economy, effective from June 18.
The State Bank of Viet Nam (SBV) has asked control over real estate loans of credit institutions to be enhanced, especially in areas showing signs of land price fevers.
Quang Ninh Province Department of Natural Resources and Environment has proposed removing the ban on land ownership transactions in Van Don District as land price fever seems to have cooled off.
Sales of land plots have decreased significantly in HCM City in the last 10 days in districts 2, 9 and Thu Duc, where so-called land fever had broken out over the last few months.
The Ministry of Construction has urged authorities on Phu Quoc island in Kien Giang Province and Van Don island in Quang Ninh Province as well as Van Phong Bay area in Khanh Hoa Province, to take immediate steps to control...
HCM City authorities have taken swift action to quell rumours spread by speculators and brokers that were threatening to cause a real estate bubble in outlying districts.
Although the new land price framework in HCM City has only recently
taken effect, some brokers have taken advantage of the change to
increase property prices, according to Thoi bao kinh te Sai Gon (Sai Gon
Economic Times) newspaper.
Methods to determine land prices, the
formulation and amendment of land price frameworks and land price lists,
determining prices for specific types of land, and consultancy on
determining land prices are regulated in Government Decree
No.44/2014/ND-CP (May 15, 2014).