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Hanoi: Numerous street-facing houses offered for sale
A lot of houses facing the street in Hanoi’s hub, which are priced for millions of USD are offered for sale.
Because of economic recession, the number of street-facing houses in Hanoi’s center districts like Hoan Kiem and Ba Dinh that are offered for sale has soared. These houses are advertised with “on-heaven” prices, ranging from tens of billion to hundreds of billion dong (several to tens of million USD).
On popular estate websites, many street-facing houses on main streets of Hanoi are advertised for sale, especially houses in Hoan Kiem and Ba Dinh streets.
In Ba Dinh district, a 70 sq.m five-storey house on Linh Lang Street is offered at VND14.2 billion ($700,000). A 43sq.m house on Dang Dung Street is advertised at VND56 billion ($2.8 million). A 90sq.m house on Tran Vu Street is fixed at VND28 billion ($1.9 million). A 200sq.m house on Nguyen Khac Hieu Street is priced VND67 billion ($3.3 million). A 80sq.m house on Van Bao Street is offered at VND14.5 billion ($700,000).
In Hoan Kiem district, a 65sq.m house on Hang Cot Street is advertised for sale at VND33 billion ($1.6 million). A 90sq.m house on Hue street is priced VND95 billion ($4.7 million). A 88sq.m on Tong Duy Tan Street is VND28 billion ($1.4 million). A 80sq.m house on Hang Ga Street is offered at VND48 billion ($2.4 million). A 120sq.m house on Ly Thuong Kiet Street is assessed at VND70 billion ($3.5 million).
Chairman of Sohovietnam estate consulting company, Pham Xuan Can, said economic difficulties have hardly hit many estate investors. They have to sell street-facing houses, even at low prices, which are 20-30 percent less than previous years.
Though these houses are very expensive, they can be still sold, to super-rich men.
A real estate trading office on Ma May Street said that so far this year, the office has successfully performed transactions for several street-facing houses because the sellers offered towering prices.
vietnamnet
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