Bac Giang’s potential real estate market attracts investors
BAC GIANG - The real estate market in Bac Giang has recorded many positive signals since the beginning of the year. Products in potential areas such as industrial park edges, high-rise buildings and land plots among others have high liquidity, attracting many investors.
It can be seen that the real estate market has been "warming up" since before lunar Tet holiday. The products drawing investors’ attention are land and apartments.
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Many customers are interested in investing in urban area projects in Cao Thuong town (Tan Yen). |
To exploit the market advantages, many investors from other provinces are speeding up the progress of projects in the area such as Danko Group, Bach Viet Group...
Local enterprises are also shifting, investing in projects that create highlights for the city, meeting the needs of experts coming to work such as Royal Mansion (TuTa Group), Diamond Paragon (379 Investment Joint Stock Company)...
In addition, the wave of investment in high-rise housing in the North has spread to Bac Giang.
In the province, transactions of high-rise apartments are quite "hot". For example, projects such as Luxora, Mascity, Thien An Central apartment building (both in Bac Giang city), and commercial buildings in the Evergreen project (Viet Yen township) all have high transactions for 2-bedroom apartments with moderate areas.
These projects all have an average absorption rate of up to 90% after only a few weeks of launching the product on the market.
According to the Center for Real Estate Investment and Business Support (Provincial Real Estate Association), the liquidity of the real estate market in the first months of the year was quite good. New projects launched to the market such as: Royal Mansion, BV Bavella Green Park, Dream City Bac Giang attracted a lot of customers' attention.
Besides, real estate trading activities are also bustling due to the increased demand for housing in urban areas and industrialized localities with laborers from other provinces residing there. Notary offices are often crowded with individuals transferring and trading real estate.
In the district market such as Lang Giang, Hiep Hoa, Tan Yen, land plots still receive high attention from investors.
According to a real estate brokerage office owner in Voi town (Lang Giang), in the past half month, the office transferred 40 plots of land in the New Urban Area in the West of Voi town to customers.
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Danko Riverside project is expected to be a modern urban area with many amenities. |
The selling price ranged from over 1.8 billion VND to over 3 billion VND per plot, an increase of 150-200 million VND per plot compared to the beginning of January 2025. Investors who received land transfers were mainly in Bac Ninh province and Hanoi city.
Similarly, in Hiep Hoa and Tan Yen districts, residential areas and new urban areas that were auctioned last year were also bought back by many investors at much higher than before.
According to the Tax Department of Region VI, in the first two months of this year, the whole province collected more than 47 billion VND (2 million USD) in real estate business tax and construction tax from outside the province, an increase of 75% compared to the same period last year. This tax did not include new products that are still at the booking stage because the tax has not yet been generated.
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