On May 25, National Joint Stock Auction Company No. 5 coordinated with the Thach That District Land Fund Development Center to organize an auction of the right to use 24 plots of land in Binh Xa village, Quang Trung commune (ary hieu BP01), Thach That district, Hanoi City.
The plots of land are divided into 2 groups, with starting prices from 10.3 - 15.9 million VND/m2. The common price step applied to plots of land and in the auctions is VND 15,000,000/m2.
The auction is conducted by direct voting in multiple rounds for each plot of land at the auction and at least through the required number of auction rounds for each plot of land.
The total area of the 24 plots of land is 1,998.7m2, the plots of land have an area of about 70 - 120m2 per plot. This land has great potential for service and commercial development because it is located adjacent to Provincial Road 419, near Viet Hung University of Industry.
At the end of the session, all 24 plots were successfully sold. The highest winning lot reached nearly 181 million VND/m2, the lowest lot was over 70 million VND/m2. Thach That District plans to collect more than 230 billion VND from the auction.
Previously, on May 11, National Joint Stock Auction Company No. 5 in coordination with the Thach That District Land Fund Development Center successfully organized an auction of the right to use 34 plots of land in Dong Nga area (phase 3), Huong Ngai commune, Thach That district, Hanoi City.
The plots of land are divided into 2 auction groups; the plots of land have symbols from T1 to T34, with a total area of over 5,100m2. The starting price for the plots of land is 6,570,000 VND/m2.
The auction was organized in the form of direct voting in many rounds at the auction, applying the price method. The winner is the person with the highest valid price, meeting the requirements as prescribed for each parcel of land.
At the end of the session, the highest winning price was over 56.5 million VND/m2, the lowest winning price was over 36.5 million VND/m2. The total amount of money collected from the auction is expected to be over 221 billion VND.
