Savills’ recently published market report said that the selling price of villas and townhouses in Hanoi, the report shows, the primary price of villas increased 3% quarter-on-quarter to 164 million VND/m2 of land due to supply. just joined in the first quarter of last year.
Adjacent decreased by 1% quarter-on-quarter to 192 million VND/m2 of land, while shophouse decreased by 15% quarter-on-quarter to 279 million VND/m2 of land mainly due to new supply at low prices in Thuong Tin district.
The need to find houses in alleys in Hanoi has also increased rapidly in recent times (Illustration: Ha Phong).
According to the Vietnam Association of Real Estate Brokers (VARS), in the context of limited supply, primary apartment prices in Hanoi are “high” and newly opened projects are priced in the high-end segment.
Meanwhile, secondary apartments priced around 3 billion VND, only available in districts far from the center, are also being sought after and increasingly scarce. A private house priced around 4 billion VND with an area of 30-40m2 has become an attractive choice for many families wishing to settle down.
Research data of this unit shows that prices of individual houses being traded have increased by 5-15% compared to the end of last year. Although the price increase here still has many unusual signs. But it cannot be denied that the large amount of interest and transactions is real.
The individual housing real estate market is forming a new price level as supply continues to not be able to keep up with the needs of investors and residents – especially in the current increasingly obvious urbanization trend. now.
According to Mr. Nguyen Van Dinh – Chairman of VARS – house prices in the inner city area will be difficult to decrease. People who have real housing needs should consider putting down money to buy a house if they find a product that fits their financial ability, meaning not borrowing too much.
“The history of price increases shows that, like the apartment segment, residential real estate prices in Hanoi also recorded a similar increase at the end of 2021, until mid-2022, when the market is difficult, prices of this type There was a decrease but it was nothing compared to the increase, and now it continues to increase again,” Mr. Dinh cited.
Also according to this expert, besides small individual houses, apartment buildings in alleys are also “hot” again as the number of people renting and looking to buy mini apartments gradually recovers. However, houses in this narrow alley are causing urban overload, infrastructure and utilities, along with many risks related to fire and explosion.
The price of a small house in an alley in Hanoi is the same as a villa
Breaking News: Tennessee Workers Make History by Joining UAW Union
Volkswagen Workers in Chattanooga Embrace Unionization
Following a historic vote, Volkswagen workers in Chattanooga have overwhelmingly decided to join the United Auto Workers, marking a significant shift in the traditionally anti-union South.
The final results from the National Labor Review Board revealed that nearly three quarters of the eligible workers, out of 4,326, cast their votes in favor of the UAW during the three-day election.
As the votes were being tallied, a sea of bold red T-shirts with white lettering flooded the union hall at I.B.E.W. Local 175, signaling a strong show of support for the union.
Joseph McMullen, a quality department worker from Alabama, expressed his surprise at the overwhelming pro-union sentiment displayed on a projection screen.
Upon the announcement of the victory, jubilant cheers and embraces filled the room, with UAW president Shawn Fain arriving to personally congratulate the VW workers.
Despite facing opposition from a coalition of Southern governors, including Tennessee’s Gov. Bill Lee, the workers’ triumph was met with a direct response from President Joe Biden.
Having previously faced setbacks in organizing the VW plant, the UAW’s victory in Chattanooga is part of a broader effort to expand its membership in the South, a region historically resistant to organized labor.
Under the leadership of Fain, the UAW has experienced a resurgence, highlighted by a successful strike against major automakers last year that resulted in a favorable contract for thousands of workers.
The UAW’s next challenge will come in May, as workers at the Mercedes-Benz plant in Alabama prepare to vote on unionization.
“This is just the beginning of a new chapter,” Fain remarked.
Todd A. Price is a regional reporter covering the South for the USA TODAY Network. For inquiries, contact him at [email protected].
Breaking News: Tennessee Workers Make History by Joining UAW Union
Rising Gasoline Prices and Economic Concerns Amid Middle East Conflict
[앵커]
Gasoline prices have risen for three consecutive weeks, with the average price reaching the 1,700 won range for the first time in five months.
As international oil prices fluctuate due to conflict in the Middle East, I am concerned that the trend of high inflation will not end.
This is reporter Tae-in Yoon’s report.
[기자]
Bulky gas station in Seoul.
Thanks to its cheaper prices than other gas stations, it is busy every day.
[이현우 / 서울 화곡동 : 이 동네 주민은 어지간하면 여기 다 잘 알고 있고 그리고 또 찾아오기도 해요.]
The average price of gasoline was above 1,700 won per liter.
On a weekly basis, it has been on the rise for three consecutive weeks.
[이복란 / 서울 화곡동 : 걱정이 많이 되죠. 서민들한테는 아무래도 기름값 오르면 부담이 많이 되니까요.]
[강인규 / 서울 화곡동 : 서울 안에서는 그냥 지하철 타는 게 나으니까 기름값이 비싸서 그렇게 하고 있어요.]
In addition, the recent Iran-Israel incident has added fuel to the fire in international oil prices.
There are concerns that raw material prices, which have already skyrocketed, will have no choice but to rise, causing an even greater impact on the high-cost economy.
[허준영 / 서강대학교 경제학부 교수 (지난 16일, YTN 출연) : 결국은 원자재 가격, 원유 가격 이런 것들이 오르면서 결국은 시차를 두고 경제의 다른 부분까지 영향을 주고 있는 것 같습니다.]
As anxiety mounts, moves to secure gold, a traditional safe-haven asset, have increased.
The average daily domestic gold trading volume this month is about 16.9 billion won, which is 2.4 times the daily average of last month.
This is the highest since the gold market opened in March 2014.
Prices also rose by more than 10% compared to the end of last month.
[서민철 / 한국금거래소 이사 : 장기적으로 자금을 운용할 계획에서 지금 금값이 높지만, 앞으로도 더 높아질 거다, 이런 판단에서 금들을 사고 계십니다.]
Consumer anxiety is growing as emergency lights are turned on for price controls due to bad news from the Middle East.
This is Yoon Tae-in’s YTN.
Photographer: Jin Hyeong-wook and Jeong Jin-hyeon
Design: Borescope
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[저작권자(c) YTN 무단전재, 재배포 및 AI 데이터 활용 금지]
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Rising Gasoline Prices and Economic Concerns Amid Middle East Conflict