National Joint Venture Auction Company Group has just announced the organization of an auction of the right to use 10 residential land plots in the resettlement and Service area of Ba Hien commune (now Binh Tuyen commune, Phu Tho province).
These are land funds that have completed technical infrastructure and meet legal conditions to be put on the market according to regulations.
According to the dossier, all 10 land plots (symbols 170A-D, 192A-D and 191C-D) have an area of 100 m2/plot. The approved starting price is uniformly 12.2 million VND/m2, equivalent to 1.22 billion VND/plot.
Previously, the land area had completed recovery, compensation for site clearance and conversion of land use purpose to residential land.
The organizing unit starts selling and receiving applications from May 8th to 5pm on May 25th. Customers can survey the field from May 18th to May 20th, 2026.
To register, people need to put the dossier and bid form in two separate envelopes, seal them tightly and send them securely by post to the Company's headquarters in Van Phu ward, Phu Tho province. The deposit amount of 610 million VND/plot must be reported "yes" to the auction unit's account no later than 4:30 PM on May 25.
The auction applies the form of indirect voting according to the up-pricing method. Participants are individuals eligible to allocate land according to the 2024 Land Law and the Property Auction Law. The price announcement will take place at 8:00 AM on May 28, 2026 at the Hall of the People's Committee of Binh Tuyen commune, Phu Tho province.
