Vietnam Auction Joint Stock Company has just announced the auction of land use rights in Thanh Oai district (Hanoi).
54 plots of land are divided into three groups according to each starting price. The first group consists of 6 plots with a starting price of 16.3 million VND/m2; the second group consists of 24 plots with a starting price of 15.6 million VND/m2. The third group includes 24 plots with a starting price of 10.9 million VND/m2. Accordingly, the plots of land have starting prices ranging from over VND656 million to over VND1.3 billion. The deposit ranges from 130 million VND to 265 million VND per plot.
The total area of 54 plots of land is 4,405.04m2; the plots of land have an area of 60.01m2 to 85m2.
The form is a group auction of land plots by direct secret ballot in one round. For each group of auctioned land plots, auction participants are given a bid form to record the bid price. The method is to bid up. The auction is expected to start from the morning of March 1, 2025 at Thanh Oai District Gymnasium.
Previously, on August 10, 2024, Thanh Oai district organized an auction of 68 plots of land, of which the highest winning plot was up to more than 100 million VND per m2.
Accordingly, 68 plots of land in Thanh Cao commune, Thanh Oai district, which were auctioned today, have an area of 60 - 85 m2. The starting price ranges from 8.6 to 12.5 million VND per square meter.
The auction attracted 4,600 applications, but only 4,201 qualified applications from 1,545 people.
Notably, although the deadline for paying the auction fee for 68 plots of land in Ngo Ba area, Thanh Than village, Thanh Cao commune has expired, only 13 plots of land have paid in full, all of which are plots with low winning prices. The plot of land with a winning price of more than 100 million VND/m2 has not yet paid the winning bid and has abandoned the deposit.
