According to Lao Dong, at around 5:00 p.m. on November 16, the auction of 25 land plots in Thanh Oai district (Hanoi) entered the 10th round.
Although the land auction in Thanh Oai district (Hanoi) has not ended, many land brokers have quickly sold land lots at a difference of VND200 million/lot to VND1 billion/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.
Besides the above plot of land, she said that plot of land with symbol 109 has a softer price difference of only 200 million VND/plot of land.
The sale of land at a higher price not only took place at the land auction site but also on social networking sites, a series of news about selling land lots in today's session were also posted.
Regarding the organization of the auction, according to the records, the inspection and review process has been carried out very strictly and tightly, but there are still many cases of taking pictures of the auction hall and electronic price boards to "smuggle" them out. Therefore, even though the auction has not ended, the sale of auctioned land is still taking place vigorously.
The 25 lots of land auctioned today are located in Man Ca, Man Cong, Ma Man Trong, Van Quan village, Do Dong commune, Thanh Oai district (Hanoi).
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. Thus, participants must spend at least 30.3 million VND per m2 to win the auction in this session.
According to the announcement in September, Thanh Oai planned to auction these plots of land with a starting price of 5.3 million VND, using a secret ballot in just one round.
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.
