The Number 5 Partnership Auction Company announces the temporary suspension of the Dan Phuong land auction for 26 land-use rights in the Tan Hoi commune’s Trung Vo area.
This is due to a request from the Dan Phuong District Land Development Center, which sent an official dispatch to review the procedures, auction plan, and compliance with the new Land Law.
The continuation of the auction’s organization will follow legal regulations and be publicly announced after the decision and proposal of the Dan Phuong District Land Development Center.
Previously, Dan Phuong district planned to organize an auction for the land-use rights of these 26 plots on the morning of October 5th at the Hall of the District Culture, Information, and Sports Center.
The auction plots have an area of 75-102.2 sqm, with a starting price of over VND 13 million/sqm. Participants had to make an advance payment of over VND 196-267.9 million per plot, depending on the area.
Dan Phuong temporarily suspends the auction of 26 land lots. (Illustrative image: Minh Duc)
The auction format involves direct voting in multiple rounds, with a minimum of six mandatory rounds. Notably, the bid increment is quite large at VND 12 million/sqm per step.
This format is similar to the land auction in Hoai Duc district, which lasted nearly 20 hours, from the morning of August 19 to the early morning of August 20, and took nine rounds (including six mandatory rounds) to conclude.
Recently, Dan Phuong district announced the organization of a land auction in the Dong Say – Tram Sau area (phase 2) on September 30. Specifically, the land plots range from 55 to 99 sqm, with a starting price of VND 14 million/sqm. Participants had to make an advance payment of VND 193 to 278 million per plot.
The auction format involved direct voting in multiple rounds, with a minimum of five mandatory rounds. The direct voting format ends when there are no more bidders.
Before Dan Phuong, Thanh Oai, Hoai Duc, and Ha Dong districts also announced the temporary suspension of land auctions.
The Power of Agricultural Land Ownership: Unlocking Investment Opportunities.
The Ministry of Natural Resources and Environment is currently drafting a resolution to pilot the implementation of commercial housing projects through the transfer of land-use rights.
The New Auctioned Land in Hanoi: A Post-Cancellation Opportunity?
The 32 land lots offered by Me Linh District, Hanoi, for auction witnessed a thrilling bidding war, with the highest successful bid reaching an impressive 48.9 million VND per square meter, almost double the starting price. The intense interest in these lots is a testament to their desirability, with even the lowest successful bid standing at a substantial 33.3 million VND per square meter.
The Capital’s Auctioned Land in Phúc Thọ District Continues to Soar.
The auction results for land in Phuc Tho, Hanoi, have been nothing short of remarkable, with three recent auctions seeing prices soar to new heights. Each successive auction has witnessed a higher price per land plot, indicating a thriving and competitive real estate market in the area.
The Ultimate Pen: Crafting Captivating Copy and Optimized Titles
“Unveiling Prime Plots: Thanh Oai’s 58 Exclusive Land Lots Starting from a Mere 5.3 Million VND/m²”
The 58 land plots in Van Quan village, Do Dong commune, Thanh Oai district, Hanoi, are set for auction with a starting price of VND 5.3 million per square meter. With sizes ranging from over 76 to 189 square meters, these plots offer a unique opportunity for investors and homeowners alike.
The Art of Captivating Copy: Unlocking the Power of Words
“Unveiling Prime Opportunities: The Township of Văn Quán’s Journey to Prosperity”
The People’s Committee of Thanh Oai District will put 58 land plots in Van Quan village, Do Dong commune up for auction on the morning of October 5. Prior to this, an auction of 68 land plots in the Ngo Ba area saw 55 plots being forfeited after the winning bids. The forfeited plots had winning bids ranging from 80 million VND per square meter and upwards, with the highest bid reaching 100.5 million VND per square meter.
