In many areas in Hai Phong, land prices have been adjusted to increase

According to the new land price list 2020 - 2024, in many areas in Hai Phong the land price will be adjusted up to 30%. This is a gradual adjustment approaching market prices.

DECISION ON ADJUSTMENT OF SOME LAND TYPES
In March 2019, the People's Committee of Hai Phong city issued Decision 08/2019 / QDUBND on the adjustment of prices of some types of land in the 5-year city land price list (2015 - 2019) to ensure land prices consistent with reality , suitable for economic conditions, technical infrastructure conditions, social infrastructure.

According to the new decision, land prices in central districts such as Hong Bang, Le Chan, and Ngo Quyen have all been adjusted upwards, with an increase of several hundred to more than 10 million VND / m2 compared with the old land price. In particular, there is an area adjusted to increase more than 20 million VND / m2, specifically, Tam Bac street is currently priced at 70 million VND / m2, the old land price is 49.9 million VND / m2.

Mr. Nguyen Trung Tuyen - Director of Hoa Phuong Real Estate Investment Joint Stock Company, said that the current price of land transactions on the streets of Tam Bac, The Lu (Hong Bang district) is being traded at about 80 million / m2, area The most beautiful in the middle of the lake is about 85 million / m2.

Some areas and roads have many investment projects, the value of real estate has increased
In the area of ​​Hong Bang district, there are many new projects to build, increase land value, and exciting transactions such as: Hoang Van Thu bridge project, Vinhomes urban area, Tam Bac river embellishment project. ...

Real estate project is very hot in Hong Bang district: Vinhomes urban area

According to the new land price list, residential land in districts far from the city center, land prices increased less, only a few hundred thousand VND to 2 million VND / m2. For example, in An Duong district, the land price of Highway 17B in An Hong commune is 7 million VND / m2, an increase of 750 thousand VND compared to the old price. The new section of National Highway 5 in Bac Son commune is 10.8 million VND / m2, the old level is 8 million VND / m2.

Mr. Pham Minh Thanh - Deputy Director of Hai Phong Department of Natural Resources and Environment said that the Hai Phong land price list was built on the basis of a careful assessment of the impact on businesses and people when accessing land, appropriate. with the current socio-economic development and real estate market of the city; restrict impacts on people and organizations when performing land financial obligations.

Supplement and update the new land price calculation
It is known that according to the land price decision in 2015 - 2019, this land price list supplement and update the new way of calculating land prices, especially the price of land for non-agricultural production and business; rent of land and water. According to the new decision, non-agricultural production and business land other than commercial and service land in urban and suburban areas is priced at positions 1, 2, 3.

Previously, in the land price list 2015 - 2019, it was determined corresponding to the land use term of 70 years. With the classification to determine land prices to ensure competition and fairness among organizations and individuals in accessing land resources; at the same time, exploiting the advantages of the location of the land, especially the "golden" land, raising the revenue for the budget.

Hai Phong supplemented and updated the new land price calculation method

This is also the first time Hai Phong has specific regulations on water surface land prices for each area and the way of calculating water surface changes. In the old decision, water surface land was divided into 4 cases, according to the new decision, there were only 2 cases of salt making, aquaculture was determined as the price of agricultural land; For leveling the ground to use for project construction, the land price is included in the use purpose according to the land surface water price list, the residential land price is 1.5 million VND / m2, the trade and service is 900 thousand VND / m2. ; 450,000 VND / m2 for districts if building residential land ...

The specific regulations on water surface land rent are the basis for efficient management and exploitation of water surface rent revenues. Besides, Hai Phong also added many new unnamed routes.

According to a number of real estate experts in Hai Phong, the land price list for the period 2020 - 2024 is in line with the actual situation of the real estate market. Since the beginning of the year until now, due to the influence of the COVID-19 situation, real estate transactions nationwide in general and in Hai Phong in particular are in a bleak situation.

The fact that the city has offered land prices close to the reality is to create conditions to stimulate demand for the Hai Phong real estate market again after stabilizing the COVID-19 epidemic at the end of the second quarter.