What is the hot spot of Cu Chi now

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What is the hot spot of Cu Chi now

Update: 2018-08-18 16:07:12

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Category: News Land Vietnam

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We are present in Cu Chi District (HCMC) - one of the land fever hot spots of the past time and witness the fluctuation of the market place ...

The transaction "downhill"

According to the record, waves of speculation, surfing ground land in Cu Chi has decreased significantly compared to 2-3 months ago cho thuê nhà nguyên căn biên hòa . -bien-hoa /] house for rent in bien hoa [/ url]. Selling price has not dropped sharply, but there is no longer high price as high as before.

At present, the hot spots such as Phu Hoa Dong, Tan Phu Trung, Tan Thanh Dong, Tan Thanh Tay, Trung An ... have cooled down in price and transaction. as before.

As buyer, we contact broker Duy, in Phu Hoa Dong, he said, now the market has slowed down but prices are not down. Prices are down on land lots investors are in need of money to sell out.

According to Mr. Duy, the land transaction in the area has decreased about 30-50% compared to 2 months ago. Previously the land area about 150-200m2 every time the goods are investors (investors) buy immediately, even the large plot of land from 500-1000m2 goods are quite fast.

At present, the land plots in the vicinity of Cu Chi towns such as Phu Hoa Dong, Tan Thanh Tay cho thuê nhà tại biên hòa ... offer slower than [ bien-hoa /] house for rent in bien hoa [/ url]. Mr. Duy said, there are 250m2 land lot of investors sent bids close to 2 billion per unit but more than a month has not been traded.

In reality, at Pham Van Coi Street (Phu Hoa Dong Commune), Nguyen Thi Ranh Street (Trung Lap Ha Commune), the large vacant lots are quite large, but observing all day we no longer see pictures of visitors. land or brokers lead the way. Exposure to some indigenous people in the area known, about two months ago, the number of guests and brokers to go to the land lot, even the evening, the current is absent.

An agent named Thanh led us to see the 200m2 land (including 120m2 of residential land) at Pham Van Coi Street and VND1.5 billion / floor. According to Thanh, the price has decreased about 100 million dong compared to the previous month because land owners are in need of capital to sell. He admits that if more than a month ago, investors from HCM City come here to buy the land plots as they are down fast money, now the number of people buying it.

"When the soil is hot, one day, it will be able to latch on one or two substrates," Thanh said.

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Cu Chi land prices turn down and trading

Are prices falling sharply?

The transaction was clear, but contact broker and investor, we get the answer, the price does not go down but only slow down in the old price or down slightly in some investors are Need capital to sell, mainly to the land near the center of Cu Chi.

However, according to our record, both buying power and selling price of land in this area are reducing. Some places where land prices have risen sharply in the short term have shown signs of decay.

Specifically, the land price in Provincial Highway 8 2 months ago for sale 12 million / m2 is down to about 9-10 million m2; Residential land in Cu Chi town also recorded a reduction from 25-26 million m2 to 18-19 million m2.

In Tan Thong Hoi, two months ago, the land price was at VND10-11mil / m2, which was down to VND7-8mil / m2. The garden land price also dropped by VND500-600mil / m2. In addition, the agricultural land in many communes previously blown up to about 5 million m2, now also turned down the price to 2-3 million m2. Some large plots of perennial trees (prices in meters) of 2000-7000m2 have been offered at 2-7 billion dong, now about 2.5-6.6 billion dong per piece.

According to learn, the phenomenon of falling into the background of investors "surfing" at the time of fever cho thuê nhà giá rẻ tại biên hòa . After the market cooled, these investors sold to collect capital should accept cut losses, take profits early. In addition, large area products still exist in the area falling into the product due to investors who have not yet reached residential land or are allowed to separate land under Decision 60/2017 / QD-UBND. This leads to the phenomenon of buyers and investors difficult to escape.

Mr. Phan Cong Chanh, an expert in real estate, offers advice on renting a low-cost home in the Bien Hoa City. [/ url], for investors when choosing land for investment, it is necessary to note the purchase of land has been written, legal, clear documents, the area has existing residents. In particular, investors need to improve their skills and knowledge to thoroughly grasp market trends and deepen the area to make the best investment decisions, avoiding the crowd.

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