Ha Bang Commune General Service Center in coordination with the Commune Investment - Infrastructure Project Management Board and Joint Stock Auction Company No. 5 - National Hanoi has just organized an auction of residential land use rights for 34 land plots in Muc Uyen 2 area, Ha Bang commune, with a total area of 4,529.1m2.
This is the first land use right auction of Ha Bang commune since the implementation of the two-level government model. The land plot has a convenient location, synchronously invested technical infrastructure, directly connected to major traffic routes such as DH10 road, provincial road 419, Tan Xa axis and Hoa Lac High-Tech Park.
The auction session is organized in the form of direct voting in multiple rounds, applying the upward bidding method. In round 1 (compulsory round), the starting price is regulated according to each group of land plots, ranging from 32 to 47 million VND/m2. From round 2 onwards, a fixed price step of 2 million VND/m2 is applied to all plots, without limiting the number of bidding times.
As a result, all 34 land plots were successfully auctioned. The highest winning price reached more than 90.18 million VND/m2, the lowest winning price was over 50.57 million VND/m2. The total amount collected from the auction session reached more than 274.9 billion VND.
This revenue source is expected to make an important contribution to Ha Bang commune continuing to invest in completing technical infrastructure and social infrastructure, serving the goal of sustainable development and improving the quality of people's lives.
