On April 23, the Da Nang City Land Fund Development Center said that it had just coordinated with the Vietnam Auction Joint Venture Company to organize the first auction of land use rights in 2026 for land plots in the city.
As a result, the auction session recorded 30/31 land plots successfully auctioned, collecting more than 311 billion VND, further affirming the interest of investors and the effectiveness of auction organization.
According to statistics, the successfully auctioned land plots have a total area of about 7,870 m2. The total land use fee at the starting price is more than 198.2 billion VND, while the total winning bid amount reached more than 311.5 billion VND, an increase of about 113.3 billion VND compared to the starting price.
The large difference between the starting price and the winning bid shows positive competition among investors, and also reflects the real value of the land plots put up for auction.
Through the auction results, many land plots have a high winning/starting price ratio, commonly from 1.3 to nearly 2 times, in which some plots reach nearly 1.97 times compared to the starting price.
Areas recording exciting auction results are concentrated in: Residential area north of Dong Nam Bus Station (Ngu Hanh Son ward); Dong Tra low-income residential area (phase 3); Khai Tay 2 resettlement area (Ba Tung expanded); Zone E Nam Cau Cam Le residential area (phase 1).
These are all areas with synchronous infrastructure, convenient locations, attracting the attention of many investors.
The results of this auction continue to show that the land fund preparation and auction organization of the City Land Fund Development Center are increasingly methodical, transparent and effective; at the same time, making an important contribution to the exploitation of land resources, increasing state budget revenue, serving investment in socio-economic development of the city.
In the coming time, the City Land Fund Development Center will continue to review and complete the land fund, organize auctions according to plan, ensuring publicity, transparency, compliance with legal regulations, and meeting the needs of people and investors.
