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land subdivision and sale
Will reduced supply push up land prices?
According to experts, tightening land subdivision and sale from August 1 will help prevent widespread land subdivision and sale, but the expected decrease in land supply will likely push land prices up.
18 residential and urban projects in Hai Duong are proposed to build houses or divide and sell land.
The Department of Construction reviewed 18 residential and urban area projects in wards of urban areas of type III or higher in Hai Duong to propose forms of housing construction or receiving land use rights transfer by dividing plots and selling plots in accordance with legal regulations.
Banning subdivision and sale of land helps urban areas develop sustainably
According to experts, tightening the subdivision and sale of land in large cities is a sustainable solution to make cities more orderly and beautiful.
Land is no longer easy to get hot
Recently, many sources of information said that the real estate market has gradually warmed up, many land areas have had active transactions again, prices have increased. However, the reality is not like that.
105 cities and towns will not be allowed to divide and sell land, including Hai Duong City and Chi Linh.
Regulations on subdivision and sale of land in the Law on Real Estate Business (amended) will not allow subdivision and sale of land in 105 cities and towns, an increase of 81 units compared to current regulations.
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