Từ khóa: #land fever

A construction project on rice fields in the outskirt of Hue City has just begun the leveling stage. (Photo: SGGP)

Land fever leaving behind challenges for local residents

Land fevers in Vietnam happen because of certain rumors about promising infrastructure projects in local areas. They come and go quickly, yet leaving behind numerous negative impacts on indigenous people.

Rice fields in Huong Thuy Town of Thua Thien – Hue Province are being mechanically leveled for sale. (Photo: SGGP)

Land fever wreaking havoc on Central Vietnam

The land fever has recently broken out everywhere in Vietnam, especially in the Central region, which is typically considered the poorest part of the country due to harsh weather. Whenever there is a little information related to possible infrastructure projects in this region, land brokers begin to spread rumors about land value rise, leading to an unavoidable rush of land selling and buying, with prices being increased to abnormal peaks.

Land bubble drives investors into despairs

Land bubble drives investors into despairs

At the beginning of March 2021, the news of a 500ha dual-use airport Tecnic Hon Quan sparked land fever in the Southern Province of Binh Phuoc; however, the land fever cooled down after a short time and plummeted, many investors who have bought the land fell into despairs.

 

Banks restrict lending to real estate speculators

Banks restrict lending to real estate speculators

The fact that savings interest rates are at the lowest level in history has made the cash flow shift to other investment channels, including real estate. This is also one of the reasons that cause land fever in many provinces across the country.
Legal corridor for land price control suggested to introduce in HCMC soon

Legal corridor for land price control suggested to introduce in HCMC soon

Land prices in Ho Chi Minh City (HCMC) lately witness a jiggle, and seemingly out of control, due to new urban planning intentions of the municipal authorities. SGGP Newspaper had an interview with Prof. Dr. Dang Hung Vo – former Deputy Minister of Natural Resources and Environment – about this chaotic situation and the responsibilities of related state agencies.

News of the expansion of the military airport in Binh Phuoc province has been used by the land brokers to blow the price.

News of proposed project causes land fever

In recent years, any news of a project proposal by authorities in even very remote villages of Vietnam gives sudden rise to a flurry of activities. A once sleepy village is quickly swarmed by hundreds of cars, and thousands of people, all looking to benefit from a spurt in land fever, causing land prices to also skyrocket to unreasonable levels. 
A land plot offered for sale in Bung Ong Thoan street, Phu Huu ward, district 9 (Photo: SGGP)

Real estate market reduces fever in HCMC outskirts

Land price has reduced fever in HCMC outskirts after city leaders required police agency to investigate land price fever and tackle brokers for spreading false rumors to rocket the prices and make profit.
Housing land offered for sale in District 9, HCMC (Photo: SGGP)

Police to investigate rumor spread causing land fever in HCMC

The HCMC Party Committee's standing deputy secretary yesterday said he would ask the city Police Department to investigate and handle brokers for spreading false rumors, showing signs of frauds rocketing up land price to make profit.