Multiple housing projects are being constructed to accommodate buyers’ needs

Land prices skyrocket in Can Tho City

High land prices and active real estate market in the Mekong Delta city of Can Tho show that the area is considered a gold mine to investors.  Problems have arisen, however, with the widespread dispersion of land plots, especially agricultural land, leading to unauthorized constructions and difficulty in management.
Real estate Kiosks appears everywhere in Quang Nam province and Da Nang city (Photo: SGGP)

Real estate investors should beware of rumors

The recent land prices rush in Vietnam is mainly caused by real estate wholesalers, who boast prices and make people believe that prices would continue to rise if they don’t make investment soon enough. This leads real estate investors to purchase lands in order to try and cash in on the waves of upcoming infrastructure projects.
Many land parcels in Bao Loc district, Lam Dong province have been leveled and advertised to be in a favourale postion in the near futute to lure buyers (Photo: SGGP)

Projects in theory, raising prices in reality

Whenever information on infrastructures of a town gets leaked, even as a mere proposal of the government, real estate prices of that area would immediately go up. The public as well as real estate investors must keep their heads straight against rumors of this type.