The landing of many big player with large-scale resort projects in Hoa Binh not only promotes peri-urban resorts but also makes the residential land segment here boiling. However, according to investors, despite its potential, Hoa Binh residential land is a long-term game, with no door for surfing.

At the end of 2018, the Hoa Binh Provincial Investment Promotion Conference attracted 94,000 billion VND, equivalent to over 4 billion USD. With the advantages of landscape, beautiful nature, diverse cultural identity and not too far away from Hanoi, Hoa Binh has a great advantage in developing suburban resort real estate. Therefore, it is not difficult to understand that a large amount of capital in the 4 billion USD invested in Hoa Binh is to develop large-scale resorts associated with names in real estate such as FLC, Geleximco, An Thinh Group…

Because many big players flock here makes residential land and land plots in the areas adjacent to big projects become hot, falling into the eyes of investors. According to big data of Batdongsan.com, in 2019, Hoa Binh emerged as a search phenomenon on Batdongsan.com.vn – the largest real estate information channel in Southeast Asia. In which, Luong Son, Ky Son and Hoa Binh city are the top search volume. Notably, although the number of people interested in increasing strongly, according to the survey, Hoa Binh residential land has not had the phenomenon of virtual fever, price dancing like many other super project information welcome areas. The price increased but the increase was stable, not sudden with the hot areas.

In fact, in the past 1 year, land in Hoa Binh city has increased by 10-15%. Tran Hung Dao street land, near Vincom Hoa Binh, up to now, beautiful plots range from 22-25 million VND / m2, an increase of about 10-15% compared to 19-22 million / m2 of the same period. last year. The price of land lots located inside near Vincom also increased from 13-15 million dong / m2 to 14-17 million dong / m2. Surface land on Highway 6 (Trung Minh) near Geleximco golf course price also increased from 6-8 million VND / m2 to 7.5-9 million VND / m2. For large plots of land, inside and near golf courses, the increase is from 5-6 million VND / m2 to 6-7 million VND / m2. Land near Hoa Binh Square also increased from 12-15 million VND / m2 to 14-17 million VND / m2.

Apart from Hoa Binh city, Luong Son and Ky Son are also areas in the focus of investors. If the area of ​​Hoa Binh city, investors look to buy residential land in beautiful locations, near large projects and works in order to seek profits that increase according to the urbanization rate of the city, then in Luong Son and Ky Son, the trend of a part of investors is to buy large plots of land to develop garden houses or homestay areas, to welcome the wave of suburban resorts in the future.

Luong Son and Ky Son are popular topography of low mountains and plains, 30-40km from Hanoi. The low mountains here run long interspersed with limestone blocks, with caves. This place also owns many streams, natural lakes, artificial lakes interwoven to create a romantic scene. Therefore, Luong Son and Ky Son converge favorable factors for developing suburban resorts.

According to local brokers, more than 10 years ago, with the capital expansion project, Luong Son and Ky Son used to be the focus of land fever. However, the 2008 economic crisis that brought about the real estate crisis made many investors bury their capital here. However, in the past 2 years, this market has flourished when the Hoa Lac – Hoa Binh expressway was started, the wave of investment in peri-urban resorts exploded and the development of the trend of life has been booming blue.

In fact, lots of land up to thousands of square meters in Luong Son, Ky Son have a price increase of about 10% over the same period a year ago. For example, many plots of land in Tan Vinh (Luong Son) wide from 2,500-5,000 m2 in May last year were offered at 1.8-2.8 billion/ lot, the current price is 2-3.5 billion/ lot. With a similar area, land in Hop Hoa (Luong Son) increased from 1.7-2.6 billion/ lot to 1.9-2.8 billion/ lot. Land plots of 2,000-4,000m2 in Hoa Son (Luong Son), the same period last year were only offered for sale from 1.7-2.5 billion/ lot, this year the price has increased to 1.9-2.7 billion/ lot. In Ky Son, large plots of land in Binh Thanh, Cao Phong with an area of ​​4,000-10,000 square meters have a asking price in May 2018 from 2.2 to 3.8 billion, the current price is 2.4-4.2 billion/ lot. With the same area and time amplitude, land in the communes of Thinh Lang, Tien Xuan, the sale price increased from 2-3.6 billion/ lot to 2.2-3.9 billion/ lot.

According to investor Tran Van Son (Ha Dong, Hanoi), although Hoa Binh has many strong fluctuations in transport infrastructure, social infrastructure and the presence of real estate giants, the ruins of the fever Land 10 years ago still made many investors hesitant. The value of real estate in the area is being stimulated, but the real estate here needs a long investment, not suitable for surfing. Because most of the cult projects and works are in the construction process. Therefore, the real estate development in the region will more or less depend on the progress, completion and operation of these projects and works.

Source: https://batdongsan.com.vn/