Date 10.8, the Thanh Oai District Land Development Center cooperated with Company No. 5 National Auction to organize an auction of land use rights for 68 plots of land in the Ba Alley, Thanh Thần Village, Thanh Cao Commune (Thanh Oai District) with a total area of 10,297.3 m2.
The plots of land have an area of 60-85 m2 per plot with a starting price of 8.6 - 12.5 million VND/m2.
According to the investigation of PV Lao Động, many customers and investors have been present at the auction site (Thanh Oai District Sports Hall) from very early to queue, register, receive a code, and... follow the instructions of the organizing committee in order.
Information from the organizing committee shows that a total of nearly 1,500 customers with over 4,000 registration forms participated in the auction. This is the most attractive auction, with the largest number of participants to date.
The district mobilized the police to control and ensure security inside and outside the area, and to patrol around the area.
In addition, the district arranged personnel to ensure logistical support such as seating, canopies on the approach road and waiting area, provided fans, and provided pens and bottled water for customers.
During the nearly 4-hour official session (from 10:30 - 14:00), the results showed that many plots of land were sold at a price of nearly 10 billion VND, higher than the starting price.
For example, plot LK03-10 in Thanh Cao Commune, Thanh Oai District, had the highest auction price of 100.05 million VND/m2, an increase of 88 million VND/m2 from the starting price.
Or like plot LK01-4, with an area of 85m2, had a starting price of 11,247,000 VND/m2, the total starting price of the plot was 955,955,000 VND. After the auction, the plot was sold at 84,747,000 VND/m2, with a total price of 7.2 billion VND.
According to the summary table, about 15 plots with a starting price of over 955 million VND/plot were all sold at a price of over 7 billion VND/plot. The lowest plot was plot LK06-9, with an area of 85m2, starting price of 8,667,000 VND/m2, total starting price of 736,695,000 VND. After the auction, the plot was sold at 51,867,000 VND/m2, with a total price of 4.4 billion VND.
The total amount of money Thanh Oai District collected from this land auction is 404.6 billion VND, with a difference of 349 billion VND (approximately 8 times) from the starting price.
Mr. Nguyen Cong Quang, Director of the Thanh Oai District Land Development Center, said that this is the first auction of 2024 in Thanh Oai District, creating a source of revenue for the district to invest in rural infrastructure and build new rural areas.
Mr. Nguyen Trong Kien, Vice Chairman of Thanh Oai District, said that 4,550 registration forms for land use rights were sold. The number of eligible registration forms is 4,439, with over 1,500 customers.
Mr. Kien confirmed that the auction process was completely safe, with a few customers having questions but no issues arose, and all were controlled.
