On February 22, the Department of Natural Resources and Environment of Dong Nai province announced a report on the planned auction of the right to use 17 land plots, including 6 plots from 2023 and 11 new plots. The land plots to be auctioned have detailed information on planning, completed legal procedures, and the expected timing of the auction.
Land plots in the Long Giao Industrial Cluster in the auction plan for 2023 have been transferred to 2024
Accordingly, 11 new additional land plots will be auctioned between May and September 2024. Some of the larger plots include a nearly 352ha plot in Xa Doi 61 (Trang Bom district), a 4.8ha cast iron forging plot in Xa Tan An (Vinh Cuu district), and a 2.2ha plot for a market and market town in Xa Tam An (Long Thanh district).
A 2.1ha land plot in Trang Bom town (Trang Bom district) for auction
The land plots in the 2023 auction plan have been transferred, including 2 plots in Bien Hoa city, 2 plots in Thong Nhat district, 1 plot in Trang Bom district, and a land plot covering several hectares in Long Thanh district with 77ha for which the plan, initial price, auction organization, announcement, and auction will be conducted between May and November 2024.
A land plot in Tan Hiep ward included in the auction plan
A total of 17 land plots with an estimated area of nearly 410ha are planned to be auctioned in 2024, generating over VND 7.7 trillion.
A land plot in Tan Hiep ward included in the 2024 auction
According to the Department of Natural Resources and Environment of Dong Nai province, in the last three years, due to low demand in the real estate market, changes in policies regarding commercial housing investment projects, and methods of determining land prices, the land auction of Dong Nai province has not met expectations.
Plot 71 guesthouse included in the 2024 auction plan
To ensure the land auction plan for 2024, the Department of Natural Resources and Environment will develop a plan and Gantt chart with specific tasks and timelines for each related unit. The Department of Construction will provide planning information, and the district-level People’s Committees will register land use plans, develop compact plans at a scale of 1/500. The Provincial Land Development Fund Center will be responsible for developing auction plans, selecting auction organizers, consulting firms to determine the starting prices, posting auction announcements, and organizing auctions.
