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HCMC outskirt land lot prices up: Only inflated fever?

In recent time, some areas in District 9, Nha Be District, Binh Chanh District, Cu Chi District (HCMC) have seen rapid price growth. Many experts said that land lot prices in the city is being inflated. According to CBRE Vietnam’s report on Q1 2017 and potential of HCMC real estate market in 2017, prices of land lot projects in the city in 2016 increased sharply, especially in sweet spots like District 9, Binh Tan District, District 12, Binh Chanh District, of which sales prices increased averagely by 20-40pct y-o-y.