Bac Ninh’s Real Estate Report November 2020 is a program to update real estate information in the Bac Ninh market. And to start the program, let’s review the main highlights in November 2020 in the Bac Ninh market.
On the afternoon of November 6, the People’s Committee of Bac Ninh province coordinated with the Viettel Group to organize a signing ceremony of cooperation on building an e-government and smart city in Bac Ninh province in the period 2020 – 2025.
In the period 2020 – 2021, Viettel will focus on providing 5G mobile services, prioritizing coverage in Bac Ninh city, Yen Phong 1 industrial park (Yen Phong district, Bac Ninh province), VSIP industrial park. (Tu Son town, Bac Ninh province). On this occasion, Viettel donated 5 remote consultation systems to the Department of Health of Bac Ninh province.
According to the report of the Ministry of Planning and Investment, as of October 20, 2020, the total newly registered capital, adjusted capital, contributed capital, and purchased shares of foreign investors reached 23.48 billion USD, equal to 80.6% over the same period in 2019.
In which, there were 2,100 new projects granted investment registration certificates, a decrease of 32.1% over the same period, the total registered capital reached 11.66 billion USD, a decrease of 9.1% compared to the same period in 2019.
Regarding the adjusted capital, there were 907 times of projects registered to adjust the investment capital, down 20.8% over the same period, the total additional registered capital reached over 5.71 billion USD, up 4.4% over the same period. period.
Benefiting from industrial real estate, Tu Son land plot is increasing in price, attracting investors and becoming a bright spot of Bac Ninh real estate market. The land price increase brings many opportunities but at the same time many potential risks. According to senior investors in Bac Ninh and analysts, tips on investing in Tu Son land: expensive location in the center, quality, amenities and long-term profitability and legality transparent.
Bac Ninh Provincial People’s Committee has just issued a decision on land acquisition and land allocation to Singland Real Estate Joint Stock Company to implement a part of the project of investment in construction and trading of the urban area and VSIP Bac Ninh service in Tu Son Township.
Specifically, the acquisition of 33,220m2 has been assigned to VSIP Bac Ninh Co., Ltd. to build and operate the VSIP Bac Ninh Urban and Service Area. Previously, in July, Bac Ninh Provincial People’s Committee also decided to recover 31,649m2 of land allocated to VSIP Bac Ninh Co., Ltd. to build and operate VSIP Bac Ninh Urban and Service Area.
Recently, Bac Ninh province has approved dozens of housing projects, urban areas allocated land without auction or bidding; Many projects are allocated land through BT. Including the investment project to build sports zones, schools, public works in Dong Ky urban area, invested by Nam Hong Co., Ltd.
Bao Long New City project was named by the People’s Committee of Bac Ninh province about the delay in paying land use fees on schedule after winning the auction. The project has identified the winning bidder but the EIA has not been approved while the investor has carried out a vigorous construction.
It was not until mid-November that the Hanaka Paris Ocean Park project officially opened for sale, but currently, 80 lots launched by the investor in the first phase have almost officially run out. In recent times, the project has attracted a large number of investors and foreign visitors to visit and “down the money” investment has demonstrated the great attraction of the project in particular and the resilience of the market. Bac Ninh real estate school in general.
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