This afternoon (September 10), the Land Fund Development Center of Phuc Tho district will coordinate with Lac Viet Joint Stock Auction Company to auction land use rights for 50 residential plots in 3 communes in the area.
Accordingly, the plots of land to be auctioned include: 30 plots of land in Doc Tranh area, Trach My Loc commune; 9 plots of land in Dong Phuong area, Tho Loc commune and 11 plots in Huong Nam area, Xuan Dinh commune. The starting prices of the 3 areas are 23,400,000 VND/m2; 19,800,000 VND/m2 and 25,000,000 VND/m2, respectively.
Speaking with Lao Dong reporter, Mr. Nguyen Anh Tuan - Director of the Land Fund Development Center of Phuc Tho district (Hanoi) said that up to now, preparations for the auction have basically been completed.
“There are very few bids in this auction. We are still compiling the bids so we don’t know the exact number yet,” said Mr. Tuan.
It is worth mentioning that previously, on August 29, the land auction of Phuc Tho district attracted more than 650 applications and about 350 investors participated and was successful when all 39 land lots found owners. The highest winning price was recorded at 60 million VND/m2.
This is a relatively high auction price compared to the price level in Phuc Tho district because some areas with wide roads, full social infrastructure and utilities are only from 30 - 40 million VND/m2.
