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.