Reviewing the draft decree regulating land prices, Hanoi land is bustling with auctions, more luxury projects in Da Nang

Meeting to review and finalize the draft Decree regulating land prices, land plots on the outskirts of Hanoi are bustlingly auctioned, 6 projects are divided into plots for sale in Da Lat... are the latest real estate news.

Latest real estate: Land plots on the outskirts of Hanoi are being auctioned off. (Photo: Hai An)

Manage land valuation and consulting activities closely, with clear responsibilities and easy implementation.

On the morning of June 21, Deputy Prime Minister Tran Hong Ha chaired a meeting to review and finalize the draft Decree regulating land prices.

According to the report at the meeting, the Ministry of Natural Resources and Environment proposed to remove the regulation on granting Land Valuation Certificates to reduce administrative procedures and compliance costs. At the same time, it clearly stipulates the conditions for individuals to practice land valuation consultancy, and the conditions for training and professional development facilities on land valuation.

The Ministry of Natural Resources and Environment is responsible for publicizing training and professional development facilities on land prices that have developed training and professional development plans on land prices; inspecting and checking compliance with regulations for training and professional development facilities on land prices; building and managing a database of lists of land price consultancy organizations and valuers; inspecting and monitoring compliance with the law on land price consultancy by land price consultancy organizations and valuers.

For individuals who are granted a valid Land Valuation Certificate and are not subject to revocation, they may continue to practice land valuation during the remaining term of the Land Valuation Certificate.

Individuals who have been granted a Certificate of completion of a training course on land valuation but have not been granted a Land Valuation Certificate but meet the requirements are allowed to practice land valuation consultancy.

This regulation ensures continuity, without interruption, congestion, or delay in land valuation work while waiting to comply with new requirements in the Decree.

Dr. Nguyen Tien Thoa, Chairman of the Vietnam Valuation Association, said that strict management regulations are needed to ensure the capacity and expertise of land valuation and consulting organizations; and to update knowledge for individuals practicing land valuation.

The Deputy Prime Minister noted that it is necessary to ensure full legal basis, procedures, records of training facilities, appraisers and land valuation and consulting organizations when registering with state management agencies, processing time and publication on the electronic information portal of the Ministry of Natural Resources and Environment.

Opinions at the meeting suggested that the Ministry of Natural Resources and Environment supplement the legal and practical basis, adjust the drafting techniques in the clause allowing early implementation of the surplus method in land valuation in the Decree to ensure strictness and clarity in order to promptly resolve problems and difficulties affecting the progress of land valuation of current real estate projects that are still pending in localities due to the lack of a solution, affecting the state budget revenue and the development of the real estate market.

Overview of the meeting. (Source: VGP)

Regarding the procedure and content of determining land prices using the surplus method, experts also agree with the plan of the Ministry of Natural Resources and Environment in calculating financial costs, investor profits, and other costs according to the provisions of the law on construction that directly contribute to the project's development revenue.

Representatives of the Bidding Department (Ministry of Planning and Investment) agreed with the regulations on organizing the implementation of land valuation to build land price lists according to the provisions of the law on bidding, assigning tasks in case a contractor cannot be selected.

The Ministry of Natural Resources and Environment has reviewed the consistency and consistency between the Decree regulating land prices and the decrees guiding the implementation of the Land Law drafted by the Ministry of Natural Resources and Environment. During the drafting process of each decree, a Report on the review of legal documents related to the draft was made in accordance with the provisions of the Law on Promulgation of Legal Documents.

At the same time, the Ministry of Natural Resources and Environment has reviewed all drafting techniques of the Decree to ensure consistency, synchronization, and feasibility in the implementation process.

Land plots on the outskirts of Hanoi are bustlingly being auctioned off

Nhat An Phu Joint Stock Auction Company announced the auction of the right to use 13 plots of land in Thung Lo Gach area, Bai Do village, Tri Thuy commune, Phu Xuyen district (Hanoi).

The plots of land range in area from 137 - 176 m2/plot with starting prices from 14.1 - 15.1 million VND/m2. The purpose of using the plots of land is rural residential land with long-term use.

The deadline for receiving applications is June 24. The auction is expected to take place on June 27 at the Phu Xuyen District Cultural Center.

In Ba Vi, according to information from the District Land Fund Development Center, it is expected that on June 20, the unit will auction 30 plots of land belonging to the technical infrastructure construction project, the land auction area for land use rights in Dong Bang village (Dong Thai commune).

The land plots are intended for rural residential use, with areas ranging from 116-349.7m2/plot. The form of land allocation is with land use fee collection through land use rights auction, with long-term use.

The lowest starting price for each plot of land is 4.58 billion VND/plot, the highest price is up to 16.19 billion VND/plot.

The total starting price of 30 plots of land is more than 214,622 billion VND, the deposit of each plot of land is equal to 20% of the total value of the plot of land calculated at the starting price.

Since the beginning of the year, auctions in Hanoi have continuously attracted the attention of investors, in contrast to the gloomy situation last year.

According to information from the People's Committee of Me Linh District (Hanoi), on June 7, the Me Linh District Land Fund Development Center coordinated with the National Auction Joint Stock Company to successfully organize an auction of 54 land plots in Tam Dong and Tien Thinh communes, collecting nearly 200 billion VND for the budget, a difference of more than 52 billion VND compared to the starting point.

Of which, point X1, Gan village, Van Loi hamlet, Tam Dong commune successfully auctioned 2/2 plots of land. The highest winning bid was 42.6 million VND/m2. The total winning bid for the above 2 plots of land was 12.5 billion VND, a difference of more than 3 billion VND compared to the starting price.

The auction site at Chu Tran village, Tien Thinh commune successfully auctioned 52/52 plots. The highest winning bid was 70.8 million VND/m2. The total winning bid for the 52 plots was 174 billion VND, a difference of more than 49 billion VND compared to the starting price.

On June 14, the Me Linh District Land Fund Development Center coordinated with Vietnam Auction Joint Stock Company to continue auctioning 30 land plots in Bach Da village, Kim Hoa commune.

Accordingly, the land plots have an area of ​​80-190 m2, starting price from 24.7-32.8 million VND/m2, located in a convenient location, about 1km from Kim Hoa Commune People's Committee, Kim Hoa Primary School, near Kim Hoa urban area...

30 plots of land were successfully auctioned with prices ranging from 29.3 to 43.7 million VND/m2. The total winning bid was over 100 billion VND, a difference of nearly 30 billion VND compared to the starting price.

In April, Phu Xuyen district also coordinated to successfully auction the land use rights for 14 plots of land in Bo Gieng Tren area (Kieu Dong village, Dai Xuyen commune, Phu Xuyen district), earning nearly 32 billion VND.

On May 25, the People's Committee of Phu Xuyen district successfully organized a public auction of 21/31 land lots in the Brick Kiln Area, Bai Do Village, Tri Thuy Commune; the Round Road Area, Ngo Village, Chuyen My Commune; the Dong Soi Tren Area, Tu San Village, Phu Tuc Commune... Through the auction, the total revenue was 47 billion VND, a difference of more than 13.5 billion VND compared to the starting point.

Da Lat has 6 real estate projects divided into plots for sale.

Da Lat City People's Committee has just reported to the Department of Planning and Investment of Lam Dong province about checking and providing information on real estate investment projects in the city.

Residential area project No. 5, Ward 4, Da Lat City is implementing phase 2. (Photo: TL)

In Da Lat City, there are currently 6 real estate investment projects approved by Lam Dong Provincial People's Committee to allow the area to transfer land use rights in the form of dividing plots and selling them to people to build their own houses according to detailed planning; including:

Two projects of Trung Nam Da Lat Real Estate Joint Stock Company are Da Lat City Urban Cultural Park and An Son Hill Villa Area; Residential Area No. 5, Ward 4, Da Lat City of Housing and Urban Development Investment Group, Hop Phu Development Investment Joint Stock Company, Son Ha International Joint Stock Company as investors;

Dalat Flower Valley Residential Area of ​​Saigon Investment Construction and Trade Company Limited; Ward 8 Residential Area, Da Lat City of Khanh Cat Private Enterprise; Trai Mat Residential Area No. 6 invested by Kien Trung Investment and Construction Joint Stock Company.

Of the 6 projects mentioned above, only 2 have been completed and put into operation, namely An Son Hill Villa Area and Ward 8 Residential Area, Da Lat City. 2 projects have been partially constructed, namely Da Lat City Urban Cultural Park Area and Residential Area No. 5, Ward 4, Da Lat City; specifically:

At the Da Lat City Urban Cultural Park, Trung Nam Da Lat Real Estate Joint Stock Company has completed the area invested by the company. In addition, this investor has transferred 3 component projects to other units. Of which, two projects of Dalat Land Company have not yet been granted construction permits.

At Residential Area No. 5 project, Ward 4, Da Lat City, the investor has invested in phase 1 infrastructure, received handover of 32 hectares out of a total of 37.5 hectares, and is implementing phase 2 investment of the project.

Of the 6 projects that have been divided into plots for sale in Da Lat City, 2 projects have not yet started construction. Specifically, at the Da Lat Flower Valley Residential Area project, the investor is currently leveling and reinforcing the foundation. Meanwhile, at the Trai Mat Residential Area No. 6 project, the investor has only been assigned 12 hectares of land out of a total area of ​​66 hectares, facing difficulties in compensation and site clearance.

Da Nang welcomes another branded hotel apartment project

The Nobu Residences Danang complex project has a scale of 264 apartments and 168 hotels and Nobu restaurants, built on a 3,000m2 land area at the intersection of Vo Van Kiet - Vo Nguyen Giap, with a frontage directly facing My Khe beach.

Recently, at the invitation of real estate developer Ban Viet (VCRE), Nobu Matsuhisa, Robert De Niro and Meir Teper - the legendary trio of Nobu Hospitality brand were present in Vietnam to participate in a series of exchange events.

Nobu Residences Danang project is positioned as the first luxury apartment in Southeast Asia managed and operated by Nobu Hospitality. The project is designed like an open fan.

Nobu Hospitality was ranked as one of the 25 Most Innovative Brands in the Luxury Industry by Robb Report. The first Nobu Hotel opened in 2013 in Las Vegas and since then 39 more hotels have opened or are in development.

Nobu Residences Danang is the first project of this brand in the Central region. Currently, Nobu Hospitality owns a chain of 77 restaurants, 40 hotels, 12 luxury branded real estate projects and an investment portfolio spanning five continents.

Savills’ report on the Da Nang market also shows that projects with international brands have an average room rate 40% higher and an occupancy rate 8% higher than projects with domestic and domestic operator brands. Since 2018, the average secondary price of branded resort villas has increased by 14% per year, while the price of non-branded projects has increased by only 10%.

Source: https://baoquocte.vn/bat-dong-san-moi-nhat-ra-soat-du-thao-nghi-dinh-quy-dinh-gia-dat-dat-nen-ha-noi-tap-nap-len-san-dau-gia-them-du-an-hang-hieu-o-da-nang-275851.html