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market-based land pricing
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Housing prices might surge 15-20% with new official land prices: ministry
The Ministry of Construction has warned that the new land price list is likely to drive up construction costs, causing a 15-20% hike in housing prices.
HCMC farmland investors sell out as fee rise looms for conversion into residential lands
Owners of agricultural lands in HCMC are selling out fearing that the fee payable to convert them into residential plots will increase with the government’s new price list.
Property developers race to snap up lands as price hikes loom
Property firms are rushing to bolster their land holdings as their prices are expected to rise in 2026 once the new price list is applied.
August 6, 2024 | 09:51 pm PT