Hi guys!
As part of a business trip I stayed in Dalat 3 days and collected many information
One of them is very attracting advertisement on forums and other sources posted by both landlords (or tenants?) and agents. "Apartment for sale - 250 M VND" Then I too curious and interested (greedy) then meet that agent who's office is in Dalat market building.
The facts revealed by agent:
1. Apartment - Yersin apartments which built by government and passed to the dependents of various service staffs who served for the country (such as military) as a small rent basis until they get user certificate. (He cannot say exactly when government issue the user certificate and they can own the apartment. According to him they should pay a small amount (1-2 M VND, like rent) which the authority will deduct at the time of complete transfer of apartment. Interesting thing is they can transfer the apartment now.
2. Present landlord (or tenant?) want to sell (rent?) that apartment for 250M VND which the authority will not calculate in future and deduct! Just think it as a token
3. After this transfer you can live there like the landlord (tenant) but should pay the same 'monthly payment' until the authority announce the total price ( no idea how much they will ask) for that apartment. After that they will deduct this monthly payment from total amount and give you the user certificate. If you don't want to buy then you can continue as before by paying the monthly amount!
4. Apartment is located in Yersin (just after the "Yersin Teacher Training College") and has 6 blocks with less than 10 floors. Apartment is new. Location very nice. Just 10-15 minutes drive to Dalat Central Market by motorbike
It's a good choice for people who cannot pay a big amount together. Seems like a down payment system but problem is, nobody know how long it take to announce the total price of the apartment!
I invite all members, especially, Dalat locals and expats to discuss about this issue and give valuable information!
Anyone can get information about this apartment or government procedure about these kind of apartments please post here! Thanks a lot!