2 districts in Hanoi suddenly stop and postpone land auctions

    Thu Giang |

    Hanoi - Dan Phuong and Thanh Oai districts have just announced to stop and postpone land auctions in September 2024.

    On September 29, Lao Dong reporters found that the National Joint Stock Auction Company No. 5 will stop the auction of 26 land plots at the end of September in Phung town (Dan Phuong district). This was done at the request of the district People's Committee to review the auction work according to current regulations.

    Customers who deposit and buy auction documents will receive their money back. The auction will be reorganized after the decision and proposal of Dan Phuong District People's Committee.

    It is known that the auction of 26 plots of land in Phung town was initially approved to be held on the morning of September 30, 2024. Accordingly, 26 plots of land in Dong Say - Tram Sau area (Phung town) have an area of ​​55-99.5m2, starting price of over 14 million VND/m2. At this level, the deposit for each plot is about 154-278 million VND.

    According to regulations, investors must go through 5 mandatory auction rounds, with a price step of 10 million VND/m2. Thus, the minimum price for them to win the auction at the above land is 54 million VND/m2.

    Previously, in mid-August 2024, the People's Committee of Thanh Oai District (Hanoi) also announced the postponement of land auctions. These land lots were scheduled to be auctioned in August and September 2024. However, close to the auction date, the People's Committee of Thanh Oai District announced the postponement to re-determine the starting price.

    The leader of Thanh Oai District People's Committee (Hanoi) said that he has sent an official dispatch to the District Land Fund Development Center and auction companies to stop the auction of 114 land plots in Dam area, Muc Xa village, Cao Duong commune in 2 sessions (57 land plots each session).

    Notably, among the lots that have just been announced to stop auctioning, there are 57 lots (phase 1) expected to be put up for auction on September 8, 2024. These are lots with an area of ​​over 74-135m2, all with a starting price of 8.8 million VND/m2.

    According to Thanh Oai District People's Committee, the reorganization of the auction will be announced again after reviewing the legality and conditions, ensuring compliance with legal regulations.

    Thu Giang
    RELATED NEWS
    Mang But commune, Quang Ngai suffered consecutive earthquakes. Photo: Thanh Tuan

    Many houses in Quang Ngai shake violently due to earthquakes

    |

    Quang Ngai - On the evening of March 21, an earthquake occurred in Mang But commune, causing many people to panic when they felt their houses shake violently for a few seconds.

    According to Chairman of the National Assembly's Committee for Delegate Affairs Nguyen Huu Dong, for the first time, the National Assembly has an additional representative of the O'du ethnic group, born in 2002. Photo: Hai Nguyen

    For the first time, National Assembly deputies have representatives of the O Du ethnic group, born in 2002

    |

    For the first time, National Assembly deputies have representatives of the O Du ethnic group, one of the smallest ethnic groups in Vietnam.

    Japan women's team wins the 2026 Women's Asian Cup after defeating Australia in the final. Photo: AFC

    Japan women's team wins 2026 Women's Asian Cup

    |

    On the evening of March 21, the Japanese women's team won the 2026 Women's Asian Cup championship after defeating the Australian women's team in the final.

    Hang Bang canal in Ho Chi Minh City missed the finish line due to 19 households

    Entangled with 19 households, Hang Bang canal in Ho Chi Minh City missed the finish line

    |

    Ho Chi Minh City - Hang Bang canal cannot be completed due to 19 households, causing the unfinished renovation appearance, people regret and hope to soon reach the finish line synchronously.

    A worker dormitory in Thang Long Industrial Park (Dong Anh commune, Hanoi City). Photo: Luong Hanh

    Wage policy is more realistic thanks to surveying workers' living standards

    |

    Experts believe that investigating workers' living standards will create real data, helping wage policies to be closer to workers' lives.

    Iran's Natanz nuclear facility has been the target of attacks many times. Photo: Maxar Technologies

    Iran's largest nuclear facility attacked by the US and Israel

    |

    Iran's Natanz nuclear facility attacked by the US and Israel on March 21.

    Comrade Nguyen Anh Tuan - Member of the Party Central Committee, Member of the Standing Committee of the Party Committee of the Fatherland Front, Central mass organizations, Secretary of the Party Committee of the Vietnam General Confederation of Labor, President of the Vietnam General Confederation of Labor. Photo: Hai Nguyen

    VGCL President Nguyen Anh Tuan elected as National Assembly Deputy of the XIV term

    |

    Comrade Nguyen Anh Tuan - Member of the Party Central Committee, Member of the Standing Committee of the Party Committee of the Fatherland Front, Central mass organizations, President of the Vietnam General Confederation of Labour was elected as a National Assembly Deputy of the 16th term.

    Hàng nghìn người tập trung mua đất đấu giá tại xã Nghi Phong (Nghi Lộc, Nghệ An) vào sáng 25.9. Ảnh: Quang Đại

    Difficulty in handling price inflation in land auctions

    QUANG ĐẠI |

    Nghe An - The real estate market in the vicinity of Vinh City has recently been very active with auctions attracting thousands of participants.

    Hà Nội sẽ công khai người đấu giá đất cao bất thường rồi bỏ cọc. Ảnh: Linh Trang

    Hanoi tightens land auctions, can it completely cure speculation?

    Linh Trang |

    Experts say that publicizing the identities of individuals who bid for land at unusually high prices and then forfeit their deposits is one of the effective measures to limit speculation.

    Khu đất đấu giá huyện Thanh Oai, Hà Nội. Ảnh: Cao Nguyên.

    Hanoi restricts land auctions for individuals to build their own houses

    CAO NGUYÊN |

    Hanoi City directs units to continue perfecting regulations, including limiting the organization of auctions to allocate land to individuals for self-construction of houses.