On October 26, according to PV's investigation, Trung Quan Private Auction Enterprise has just announced the organization of a land use rights auction for 29 plots of land in Man La village and Tao Phu village, Tam Hong commune, Phu Tho province, opening up opportunities for people and investors who want to own land in the Nam Vinh Yen urban area.
According to the announced information, the total auction area is 2,970m2, with starting prices ranging from 34.2 to 50 million VND/m2. The total starting value of all 29 plots of land is up to 114.93 billion VND.
Of which, lot A1 (150m2) has the highest total starting price, reaching 5.25 billion VND; lots A18 and A29 have the highest unit price per square meter, both at 50 million VND/m2.
Participants must pay a deposit of 20% of the starting price, equivalent to 684 million to 1.16 billion VND/plot, and buy documents at a rate of 200,000 - 300,000 VND/plot depending on the location.
The auction will be conducted in the form of indirect voting, the method of bidding up, with a price step of 1,000 VND/m2.
The time for selling and submitting documents is from October 27 to November 17 at Trung Quan Auction Enterprise (Nam Vinh Yen Urban Area) or the Tam Hong Commune Project Management Board.
People can actually see the land for three days, from November 3-5, before participating in the auction. The winning auction results will be announced at 8:00 a.m. on November 20 at the Man La Village Model Cultural House.
Regarding conditions, participants must be Vietnamese citizens aged 18 and over, with civil capacity, and not fall under prohibited cases under the Law on Property Auction. Notably, two members of the same household are not allowed to participate in the auction of the same plot of land to ensure fairness.
After purchasing the application, participants need to pay the deposit into the account of Trung Quan Auction Enterprise at Vietinbank - Binh Xuyen Branch, in accordance with the instructions; not to pay on behalf or transfer money to the household. Registration documents and bidding forms can be sent by post or submitted directly to the auction organizer.
The auction organizer noted that the winning price did not include registration fees, land use right certificate issuance and other arising costs.
