HCM City sees busy real estate transactions in outlying districtsLand registration offices at some outlying districts in HCM City have been extremely busy due to recent rising land prices in the area. "We’re having to work at full capacity every day to serve the high demand for land transactions." Land transactions are busy not only in District 9 and 12 but also in some other outlying districts including Binh Tan, Hoc Mon and Binh Chanh. According to a real estate company in Binh Tan District, the real estate market in the area has been fuelled by the rising land prices in the city's suburbs since early 2016. "Authorities in these areas should intensify the management of land and update information for local people to prevent possible cheating in land transactions," Tuyen stressed.

Source: VietNamNet News April 18, 2018 00:11 UTC