Posts Tagged ‘That Luang’
Vientiane Times, 27 Sep 2014
Land buying and selling in Vientiane this year is less popular than before as the economy is slowing down and land prices are high. At this time of year many would-be sellers are talking to friends and others they meet telling them they have some land for sale but they usually get no buyer interest.
A parcel of land advertised for sale in Vientiane. A few years ago all you had to do was mention that you had some land for sale and potential buyers would line up immediately. You might also see bargain hunters travelling to villages to ask the local residents if they had land they wanted to sell.
Vientiane Times, 21 August 2014
The construction of an 11km highway in Vientiane from Donnokhoum village in Sisattanak district which links to the 450 Year Road will still proceed under the policy of turning land into capital. Gossip amongst local residents recently was that the road would no longer have land reserved along each side to be sold and converted into capital as they had heard no talks on the issue in recent months. In fact, the road will still proceed under the original plan, with two hundred metres of land being reserved along each side of the road, which will be sold at commercial rates afterwards.
Vientiane Times, 30 April 2014
Vientiane authorities are currently making a survey of land surrounding a rebuilt road in Xaysettha district of Vientiane but the future use of the land remains unclear, sparking concerns among local residents. Deputy District Governor of Xaysettha Mr Phouttaphone Khotpanya told Vientiane Times on Tuesday the survey was covering a stretch of land 11 kilometres long and 50 metres wide on both sides of the road.
Officials at the Vientiane Natural Resources and Environment Department are still waiting for 20 former landowners to collect compensation owed them as part of a project to build the That Luang Marsh Specific Economic Zone in central Vientiane.
The landowners occupied more than 80 parcels of land, which they vacated to make way for the development.
“These people have the right to compensation and we are asking them to expedite claims for the money owed them,” a department official told Vientiane Times on Monday.