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Land fever: speculators spread rumors to push prices up


Land fever: speculators spread rumors to push prices up
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 12/05/2021
  
15:03
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Land prices recently soared by VND30-50 million per square meter in some places, but the number of successful transactions was modest.
The Ministry of Construction (MOC) recently released a bulletin about the first quarter real estate market based on local authorities and agencies’ reports.
The ministry said the basic indexes of the real estate market, including supply, number of transactions, investment capital, credit, and enterprises’ operations remained stable. Only the index about real estate prices showed heavy fluctuations. ....

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Tax policies for property sector must be carefully studied: finance ministry


Tax policies for property sector must be carefully studied: finance ministry
11:03 | 06/05/2021
Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.
The Ministry of Finance said that it was necessary to give careful consideration to any tax policies on the real estate sector. - VNA/VNS Photo Tran Tinh
This was the ministry’s response to a proposal from the HCM City Real Estate Association that the Government should tax the conversion of agricultural and non-agricultural land to residential land at a rate of about 15-20 per cent. ....

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