Residential land in District 9 increased by VND 6-7 million/m2 compared to the beginning of the year

Survey of reality shows that residential land prices in District 9 are anchored at a relatively high level, averaging from 36-40 million VND / m2, while the period of 1/2019 is 30-33 million / m2.

According to online data, at the time of January 2019, the price of residential land (legal enough) averaged in district 9 from 30-33 million / m2. However, since the end of the second quarter, the selling price has changed in the direction of increasing sharply, averaging about 36-40 million VND / m2.

Ignore the illusionary elements, price, type of residential land offered for sale in key wards of District 9 such as Hiep Phu, Long Binh, Long Thanh My, Long Truong, Phu Huu, Phuoc Long B, Tang Nhon Phu , Truong Thanh is priced from 40-90 million / m2, depending on location and route. If the period of 2018, with a price range of less than 40 million / m2, it is possible to find many land plots near the front or existing residential areas near the main roads. Currently, only small, spontaneous projects are located deep inside. These rates are far away from district centers or areas that have not yet implemented new infrastructure.

From the beginning of the second quarter until now, the roads Nguyen Xien, Phuoc Thien, Hoang Huu Nam and Nguyen Van Tang are taking place in the exciting land transactions thanks to the planning of the infrastructure of the urban, hospital, and berth projects. cars ... Many front land lots are shouted at 85-120 million / m2 However, this price is only a small amount of products being pumped too far, in fact, the land along these roads still sells for 45-70 million VND / m2. Real transactions are also primarily at this price range.

Specifically, the full legal residential land on Nguyen Xien, Phuoc Thien and Nguyen Van Tang routes is bought a lot at the price range of 47-60 million / m2. The area of ​​Hiep Phuoc ward, Le Van Viet and National Road 50, real transactions fall into the price range from 65-70 million / m2. Particularly in Hanoi Highway, the section from Rach Chiec bridge to Thu Duc crossroads, the transaction mainly falls into the price range of 75-90 million / m2.

With the area of ​​Tang Nhon Phu and Tay Hoa, the price of anchoring is quite high, from 60-80 million / m2, particularly the areas like Truong Luu, Long Phuoc and Go Cat, the average price is lower, from 44-62 million / m2. Do Xuan Hop and Tang Nhon Phu routes belong to Phuoc Long B ward, the real land price is about 50-68 million VND / m2. Highest is the area of ​​Binh Thai and Nguyen Duy Trinh crossroads with a price of 90-120 million VND / m2.

At present, Tam Da is the area with the cheapest housing prices in District 9, from 26-35 million VND / m2, but the residential land here is still largely unregulated and legal.

A land plot in Long Truong ward. Photo: Phuong Uyen

Regarding the level of interest, Phuoc Long B Ward, with an average selling price of 42-68 million VND / m2, is currently the area with the most products for sale and trading in District 9. Next is the land in Phu Huu Ward with The offer price is about 42-60 million VND / m2. Meanwhile, three wards Long Thanh My, Long Truong and Truong Thanh recorded stable transactions with an average selling price of VND 36-68 million / m2.

In addition, Long Binh and Long Phuoc wards also have increased transaction volume in recent months thanks to the information that the Eastern coach station is about to come into operation. The land price has now increased to 35-59 million / m2, mainly due to the price increase near the bus station.

The upward trend of housing prices in District 9 in addition to eating according to the infrastructure progress of a series of projects to expand roads, build urban areas and transport works has been announced recently, and still affected. from the increase in land prices of neighboring areas such as Bien Hoa, Nhon Trach and Di An. In terms of transactions, the purchase and sale of land in District 9 is somewhat reduced in temperature compared to the same period in 2018. The purchasing power is much falling in some areas, certain routes create a hot situation locally. short time.

The absence of new sources of goods during the last 6 months made housing in District 9 appear only on the secondary market. This is also the reason why many familiar investors are forced to find a way to move to new markets.

Phuong Uyen

(According to Enternews.vn)