Social media groups are buzzing about the list of apartments with the highest rate of fake listings. Many famous projects such as the Diplomatic Corps area, My Dinh Pearl… have been mentioned in this statistic.
Many apartments in Hanoi have a rate of fake listings of up to 50 - 70%.
Social media groups are buzzing about the list of apartments with the highest rate of fake listings. Many famous projects such as the Diplomatic Corps area, My Dinh Pearl… have been mentioned in this statistic.
Recently, real estate investors and homebuyers have been passing around a list of apartment projects with the highest rate of fake news in Hanoi and Ho Chi Minh City in the past 10 months. Many famous projects such as the Diplomatic Corps area (Bac Tu Liem), My Dinh Pearl (Nam Tu Liem), Hapulico Complex (Thanh Xuan)... have been "named" with the rate of fake news accounting for more than 50%.
Some other apartment projects such as The Legend Tower (Thanh Xuan) have a virtual listing rate of about 59%; Golden Land (Thanh Xuan) is 60%; Golden Field (Nam Tu Liem) is about 66%. The highest rate is recorded at the Hanoi Paragon project (Cau Giay) with the figure up to 70%.
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| Hanoi Paragon project has the highest rate of fake ads on the list. Photo: Dung Minh |
Reporters of the Investment Electronic Newspaper - Baodautu.vn have researched and contacted the unit that released this list. Accordingly, the source of information was announced from Biggee Company - a real estate information analysis platform established in 2021.
The company representative said that they have loaded into the data system about 100,000 apartment sales ads across the country. This is information compiled from the most used real estate buying and selling websites today.
The algorithm will then scan the data and detect ads that use images from other projects to illustrate the project being offered for sale. For example, if a broker posts an ad for an apartment in the Diplomatic Corps area but uses images from the Hanoi Paragon apartment building (Cau Giay), the system will detect and consider it a fake ad.
In addition, the system also identifies fake news based on the information provided in the post. The data on area, number of floors, handover time, etc. in the sale ad must match the announcement of the investor. If there is any discrepancy, the system will evaluate it as fake news.
Talking to reporters, Biggee said that the statistical list of fake news rates has an error rate of about 5%. Currently, this is only a reference source of information and we cannot hastily attribute the situation of "hanging a goat's head but selling dog meat" to the project. Before paying, buyers should still have a thorough and realistic understanding and choose reputable and dedicated brokers.
It is not uncommon for real estate agents to advertise fake news. In addition to posting false images or project information, these individuals also inflate prices, causing market disruption. The frustration from home buyers grew so much that at one point, more than 60,000 Facebook users joined a group calling for a "stop buying houses in Hanoi" to avoid inflated prices.
As for proptech units, they have only stopped at creating filters to classify information based on images and data published by investors. However, to truly purify the market and provide home buyers with accurate information, especially on selling prices, this will still be the responsibility of state agencies. In particular, the national database system on the real estate market will be the most appropriate solution to the current difficult problems of the real estate industry.
Source: https://baodautu.vn/batdongsan/nhieu-chung-cu-tai-ha-noi-co-ty-le-tin-rao-ban-ao-len-toi-50---70-d229563.html
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