The most prominent information in the real estate market in the first months of the year is that a number of places like Hanoi, Binh Phuoc, Lam Dong… temporarily suspended the division of land and plots related to agricultural land. Because buying and collecting plots of land, dividing them into small parcels at random, selling them with the names of projects, residential areas… not only disrupts the market, but also causes many people to fall into the trap of “ghost projects”. . However, some municipalities and experts believe that temporarily halting package segregation is not enough.
Creating apparent scarcity, creating “virtual fever,” and getting “greedy” are tricks realtors use to trick clients into buying ghost projects. Essentially, it is land mixed with residential land, forest land, and agricultural land that is purchased by an individual or organization and then exploited by the regulations that allow for subdivision of land and parcels to subdivide and attach to sell customers. Were, although many lots were never issued a red book.
Creating apparent scarcity, creating “virtual fever,” and getting “greedy” are tricks realtors use to trick clients into buying ghost projects. (Illustrated Photo – Photo: VNA)
Some victims shared that they rushed to pay all the money without even checking the legality of the project.
“The reason I made a 100% deposit was because the investor promised to give me 1 gold tree. 1 gold tree was valued at 45 million. I was more profitable so I accumulated the money thinking it would be paid off sooner or later. The time I researched too little and trusted the word too much,” said Ms. Nguyen Thi Thoan, Hanoi.
“In fact, many investors have inflated the price, while many people who came to buy land did not fully understand it. We warn that this is not a project, but a self-shared plan,” said Khuat Van Xuyen, chairman of the Co Dong Municipality People’s Committee. , Son Tay City, Hanoi, said.
Records from the market show that in the last 4 years the situation of subdivision, parcel division, arbitrary advertising as a residential project, even without official approval, has taken place. flourished in many places.
Inadequacies in managing subdivision and parcel separation
In fact, the tightening of subdivisions, division of land, even temporary suspension of transfer or change of land use purpose has been recognized by some places such as Van Don (Quang Ninh), Van Phong (Khanh Hoa), or Phu Quoc (Kien Giang), Bac Giang …applied in certain times when there is a hot fever situation in these places, land prices rise rapidly. Some localities have suggested that there should be a change in the administration of the current land division and segregation.
Some time ago, Phu Quoc was the first place to ban the subdivision and division of parcels to prevent disturbances in the real estate market. However, the local government said that this is only a temporary solution, there must be a change in the provisions of the current law.
The division from the municipality shows that under the current provisions of the Land Act 2013, while district, district and municipal authorities manage the construction and status of land, the division of land and parcels of land (parcels (large land divided into small parcels)) belongs along with the change in land use purpose to the exclusive jurisdiction of the Land Registry, subordinate to the Ministry of Natural Resources and Environment.
“Without close coordination between the Department of Natural Resources and Environment and the People’s Committee of the city and county government, the situation of subdivision and division of agricultural land will still be complicated and unpredictable. will be revised soon,” said Mr. Huynh Quang Hung, chairman of the Phu Quoc City People’s Committee.
This is an opinion with which some other localities agree. Typically, investors buy and collect land in Co Dong Township, Son Tay City, Hanoi, and then directly carry out the land segregation and land use change procedures with the Land Bureau, the Ministry of Natural Resources and Environment. Surroundings. The people’s committees of the municipalities are not aware of this process. The municipality only finds out when there is a notification of change from the ministry.
A number of places like: Hanoi, Binh Phuoc, Lam Dong… temporarily suspended the division of land and parcels related to agricultural land. (Illustration Image – Photo: Dan Tri)
“The Department of Natural Resources and Environment divided the property and then sent it to the site for management. In fact, we don’t know where the owner is, which causes many difficulties for the area,” said Khuat Van Xuyen, chairman of the People’s Committee. said Co Dong Municipality, Son Tay City, Hanoi.
Given the current shortcomings, municipalities have boldly suggested that the current regulations should be corrected so that land management, including land division, parcel division and land use change, should be brought to a new level. only administration.
Suggested solutions to avoid widespread partitioning of land and parcels
Alongside the proposal to correct inappropriate regulations, some experts suggested that additional solutions should be taken to avoid widespread division of land and parcels. General Notes from the Reporter Group.
“I think we need more sustainable regulations, such as regulations on taxes and planning. After doing calculations, this speculator found that adding taxes to our losses would surely cause people to lose money. I don’t do that anymore,” emphasized the deputy chairman of the Vietnamese real estate association Nguyen Van Dinh.
“By tightening the division of land for the sale of land, it should be ensured that the goods of origin are brought to the market properly and lawfully. Investors need to slow down, need to be slow,” said Attorney Truong Anh Tuan, head of the legal department of Association Real Estate Vietnam.
“Any investor, organization or individual, please contact a professional agency so as not to be deceived by companies buying, selling, distributing and dividing land against regulations,” said Mr. Huynh Quang Hung. , Chairman of the People’s Committee of Phu Quoc City, commented.
The National Assembly is expected to vote on the revised Land Law at the 4th session in late 2022. Proposals to change the regulations on subdivision, division and change of purpose were also adopted by the National Assembly. Companies, clubs and some localities have been set up. Most of the comments called for a comprehensive and sensible amendment, instead of temporarily applying solutions to suspend the division of parcels or to prohibit the temporary change of use, which is enforced by some municipalities, as in the market. school recently.