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VietNam: Land prices fall in Ha Noi’s outskirts

Posted on 06 June 2011

Land prices on the outskirts of the capital city have dropped sharply and transactions have cooled down, a development that has worried investors but been welcomed by experts who consider it a good sign as land prices approach real market value.
Land prices in many construction projects are falling, with those on the black market in Kim Chung-Di Trach new urban area along Highway 32 falling below 10 million (US$476) per square metre……………………………………….Full Article: Source


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