According to information from the representative of Thanh Oai District Land Fund Development Center, after 10 rounds, the auction of 25 land lots in Man Ca, Man Cong, Ma Man Trong, Van Quan village, Do Dong commune, Thanh Oai district (Hanoi) has ended. The 2 lots with the highest price reaching 90.3 million VND/m2, the lowest lot is 45.3 million VND/m2.
Accordingly, the land lot with code number 106 and area of 113.88m2 has a winning price of 90.3 million VND/m2 - equivalent to more than 10.28 billion VND, 17 times higher than the starting price. The land lot with code number 100 and area of 129.36m2 has a winning price of 90.3 million VND/m2 - equivalent to more than 11.6 billion VND/lot.
The area of the plots ranges from nearly 84m2 to over 143m2. The starting price is 5.3 million VND/m2, equivalent to a deposit of 88 - 151 million VND/lot. The auction will have to go through at least 6 mandatory rounds, with a price step of 5 million VND per m2. The starting price is 5.3 million VND, the form is secret ballot in only 1 round.
According to information from the representative of Thanh Oai District People's Committee, the auction had more than 400 sets of documents from 111 participants.
Mr. Long - a real estate broker in Thanh Oai district, Hanoi - said that the land prices at today's auction are high. Accordingly, the land prices here for plots with good locations can reach over 40 million VND/m2. However, the current price of 40 - 90 million VND/m2 is still higher than the market price.
Previously, as Lao Dong reported, although the land auction in Thanh Oai district (Hanoi) has not ended, many land brokers have quickly sold land lots at a difference of 200 million VND/lot to 1 billion VND/lot.
Mr. Nguyen Luong (Phu Tho) is selling many plots of land at a higher price, notably plot 112 with the winning price of 45.3 million VND/m2, area 157.19m2 equivalent to 7.12 billion VND, which he is selling at a higher price of 1 billion VND/plot.
Ms. Nguyen Hai (Thanh Oai, Hanoi) said that she won the auction for 3 plots of land in today's auction. Accordingly, plot 93 with the winning price of 55 million VND/m2, area of 143.2m2 equivalent to 7.8 billion VND/plot was sold by her at a difference of 800 million VND/plot.
In early August, Thanh Oai district organized an auction of 68 land lots, attracting about 1,500 participants with over 4,000 applications. The winning prices for these lots ranged from 63-80 million VND per square meter, with the highest lot even reaching 100 million VND per square meter. This price was 5-6 times higher than the starting price.
However, about 80% of the auction winners here have abandoned their deposits. Of these, all the plots with winning prices ranging from 80 million VND to over 100 million VND per square meter have not paid.
