Property

Deputy Prime Minister Le Van Thanh has signed and promulgated a decree on the construction, management, and use of information systems in the housing and real estate market. The Ministry of Construction will publish basic information on the market nationwide at http://www.batdongsan.xaydung.gov.vn quarterly and annually.

Under adjustments to construction planning for Tuy Hoa city and surrounding areas in south-central Phu Yen province to 2040, there will be seven subdivisions, including six urban areas and one industrial agricultural zone. The total planning area is more than 17,000 ha, of which land for urban construction is nearly 9,000 ha.

Under the general planning for Ben Cat town in southern Binh Duong province to 2040, it will be an urban center with the function of an industrial-service-traffic urban area. Its town planning is divided into six urban subdivisions with an area of more than 23,400 ha.

Northern Bac Giang province has approved the detailed construction planning for four new urban areas and residential areas on a total area of more than 220 ha. The central urban area in Bo Ha town, Yen The district, is the largest, on 136 ha and with an expected population of 9,500.

Northern Thanh Hoa province has requested that provincial-level departments, agencies, and People’s Committees of the capital city and districts and towns continue implementing the policy of discouraging investment in lot-divided low-rise social housing. Demand for social housing in the province remains quite high.

According to the Kon Tum Department of Natural Resources and Environment, “land fever” was experienced in certain localities in the central highlands’ province from mid-2021 to the opening months of 2022, after false information had spread. In the second quarter, though transaction volumes for land plots have rebounded, the land price remains flat and largely unchanged from the first quarter. Of note, social housing is gradually attracting more attention.