In the context of the market tightening the legal corridor and limiting the quality supply, transparent products that bring profitability still have the "upper hand" and are sought after by customers. At this time, on the hillsides of Sub-zone 68, Moc Chau Farm Town (Moc Chau, Son La), the yellow color of ripe Ly oranges is shining brightly. The eye-catching yellow color of the oranges hanging on the branches attracts many tourists to visit and take pictures. On the morning of December 9, General Secretary To Lam worked with the Central Economic Committee on the results of the implementation of tasks since the beginning of the 13th Congress term and the direction of tasks in the coming time. Hoa Binh Lake, a miraculous gift of nature, is opening up opportunities for Da Bac district - a locality that was once considered "behind" on the tourism map - to have a new direction of development. By preserving traditional cultural identity and conserving natural landscapes, this place is increasingly attracting a large number of tourists to visit and experience. Son Duong district (Tuyen Quang province) is gradually implementing the goal of eliminating temporary and dilapidated houses and supporting poor households to develop the economy, ensuring that it meets the new rural criteria by 2025. On the afternoon of December 9, the National Assembly Office issued Document No. 3090/VPQH-TT requesting news agencies and newspapers to publish a press release on the expected agenda of the 40th session (December 2024) of the National Assembly Standing Committee. In recent times, Cao Bang province has had many activities to promote the effective implementation of ethnic policies, including the National Target Program on socio-economic development in ethnic minority and mountainous areas. The project to build a Non-tariff Zone, Nhon Hoi Economic Zone (Binh Dinh) has begun to carry out compensation for land acquisition for households from early 2007. But for many reasons, the compensation for households affected by the project was not accurate, causing complaints and lawsuits to drag on. Among them, Mr. Huynh Van Canh's household "filed a complaint" everywhere but his rights were still not satisfactorily resolved. General news of the Ethnic and Development Newspaper. The afternoon news on December 9th, there was the following notable information: Diversifying forms of spreading reading culture, Lighting lamps to "grow" Tet flowers, "White Plateau" Bac Ha - Attractive destination in the Northwest region. Along with other news in ethnic minority and mountainous areas. In recent years, from the capital source of the National Target Program on Socio-Economic Development of Ethnic Minority and Mountainous Areas, period 2021 - 2030, phase I from 2021 - 2025 (abbreviated as National Target Program 1719), Dak To Ver commune, Chu Pah district, Gia Lai province has been invested in essential infrastructure works, developing production. Thereby, contributing to improving people's lives, the appearance of the countryside is increasingly renewed. Prestigious people, exemplary village chiefs in Chiem Hoa district (Tuyen Quang province) with a high sense of responsibility, regardless of difficulties to each household, with their prestige have become an important bridge to bring the Party's policies and guidelines, the State's laws and policies to ethnic minorities, especially in remote areas. With her enthusiasm, Ms. Truong Thi Bach Thuy, Khmer ethnic, Director of Thuy Tuyet Bamboo and Rattan Cooperative, Phu Tan commune, Chau Thanh district, Soc Trang province, has changed the appearance, revived new vitality for the traditional weaving craft village of Phu Tan (called weaving in the North) and created many jobs for local workers. In the mountainous district of Ba Thuoc, the Department of Culture, Sports and Tourism of Thanh Hoa has organized the announcement of trekking tours in the mountainous districts of the province. With more than 235 With a budget of VND 1 billion to implement the Project to eliminate temporary and dilapidated houses by 2025, Ca Mau province aims to complete the construction and repair of new houses for eligible households.
Signs of improvement
In the first quarter of 2024, GDP growth of 5.66% marked a strong recovery of the economy and was a positive sign for the real estate market. This was supported by flexible macroeconomic policies and record low interest rates in the past 21 years, creating conditions for a strong spread of capital into the real estate market. Statistics show that the market is bustling with 133,512 real estate transactions, an increase of 22% compared to the fourth quarter of 2023.
The Vietnam Association of Realtors (VARS) predicts that a new price increase cycle is coming, when 70% of investors are ready to open for sale, 80% of trading floors re-enter the market and "recruit new troops", as well as 70% of investors are willing to "put down money" this year if there is a suitable product.
After the apartment fever in Hanoi, the market is shifting to suburban areas and is expected to spread to satellite cities. Supported by legal and credit clearance from the three most influential laws, including the 2024 Land Law effective from July 1, 2024, the 2023 Real Estate Business Law and the 2023 Housing Law, areas such as Hai Phong and Quang Ninh continue to attract customers' attention.
The 2024 Land Law will have a major impact on the market, with increased compensation for land prices according to market principles and the establishment of higher project prices. The removal of legal bottlenecks and the expansion of land use rights for overseas Vietnamese will create a gradual warming of the real estate market, especially in the high-end real estate segment and luxury apartments, serving the needs of relaxation and retirement. This is also driven by the amount of remittances to Vietnam, reaching 16 billion USD in 2023, with 25% of that invested in the real estate market.
In the second half of 2024, the real estate market is expected to return with strong attraction. Real demand from owning apartments for living, second-home apartments and leasing is driving cash flow into this market, especially in Quang Ninh, the tourism capital with the number of tourists up to 15.5 million and revenue reaching 33,480 billion VND. Leading the entire Northern region, this market is thriving in all indicators.
According to Batdongsan.com.vn, investor interest in Quang Ninh increased sharply (by 11%) in April 2024, across all segments, including apartments. The number of listings also increased by 20%, while prices remained stable, with no signs of price reduction like in some other places.
Real estate linked to real needs "reigns"
However, in recent times, the real estate market has undergone many fluctuations and has been greatly affected by legal bottlenecks. New supply is scarce, and a series of projects have had to be temporarily suspended.
Real estate investment trends have therefore also changed a lot, buyers are increasingly cautious when deciding to "put down money". If in the past, location - amenities - selling price were "necessary" conditions, now legality has become a prerequisite - a "passport" to help customers and investors feel secure in transactions.
Especially for high-end resort real estate investors with their own strict "taste", they are not only interested in and looking for products with clean legal status and well-planned planning, but also determine that this is an existing asset that can be exploited immediately and has the opportunity for sustainable profits.
For example, apartments in Cai Dam Geleximco Urban Area. It is known that the project witnessed a large number of transactions when it was first launched, all apartments quickly found owners afterwards. Currently, although the project has been in stable operation for many years, the demand in the secondary market is still very large.
Cai Dam Geleximco Urban Area is a project with a total area of 37.04 hectares, located right on the main road of Bai Chay tourist area. The project is highly appreciated by residents, because of its modern living standards with a diverse product system, accompanied by a rich chain of internal and external utilities and fresh green space, complete infrastructure. The apartments are all designed to be modern, airy, and maximize usability.
Not only is it a livable place, the apartments here are also very attractive to tenants, providing owners with a safe and sustainable cash flow.
Source: https://baodantoc.vn/bat-dong-san-quang-ninh-gia-tri-cua-dong-san-pham-hien-huu-1733741723023.htm
Comment (0)