The Golden Province of Ninh Binh: A Fiscal Triumph with Auction Sales Nearly 400 billion VND in just 3 auctions, with a record-breaking number of bids, Ninh Binh’s golden touch captivates investors.

In August alone, Ninh Binh province held three auctions, which attracted thousands of registrations. An impressive 326 out of 332 land lots were successfully auctioned, generating a remarkable revenue of over 382.268 trillion VND.

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On August 2, 2024, at the Dong Tam Cultural House hall, the Ninh Binh Province Auction Service Center organized an auction for the usage rights of 15 residential land plots in the Dong Tam – Nam Giang, Nho Quan Town area. The auction attracted 62 customers from within and outside the province, with 129 eligible participants.

After three rounds of bidding, 14 out of 15 land plots were successfully auctioned. The total auction value reached nearly VND 23.2 billion, exceeding the starting price of VND 3.5 billion.

Auction for 15 land plots in Dong Tam – Nam Giang, Nho Quan Town

On August 16, 2024, at the Stone Village Cultural House hall, the Ninh Binh Province Auction Service Center held another auction for the usage rights of 129 residential land plots in Doi May – Lien Phuong, Stone Village, Nho Quan District, Ninh Binh Province.

The auction attracted 259 participants, with 1,825 eligible entries. This was the largest direct auction in terms of the number of participants in Ninh Binh Province in recent times.

After three rounds of bidding, winners were determined for 128 out of the 129 land plots. The total auction value reached VND 84.6 billion, surpassing the starting price by VND 32.57 billion.

Auction for 129 land plots in Doi May – Lien Phuong, Stone Village, Nho Quan District

Most recently, on August 24, 2024, at the Upper Vow Cultural House hall, the Ninh Binh Province Auction Service Center held an auction for the usage rights of 188 rural land plots in the detailed construction planning of the urban residential area in An Cu Hamlet, Upper Vow Commune, Kim Son District, Ninh Binh Province.

The auction saw the participation of 127 customers from within and outside the province, with 754 eligible entries.

After three rounds of bidding, winners were determined for 184 out of the 188 land plots. The total auction value exceeded VND 274.4 billion, surpassing the starting price by nearly VND 14.4 billion.

Auction for 188 land plots in An Cu Hamlet, Upper Vow Commune, Kim Son District

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