The starting price for the nearly 1.8-hectare land plot in Phu My ward, Phu My town, as announced by the Asset Auction Service Center of Ba Ria-Vung Tau province’s Department of Justice, is over VND 108 billion (including land value and assets attached to the land). The auction will be held in the form of direct voting, with a minimum bid price of VND 2.162 billion from the second round onwards.
The starting price is over VND 108 billion, including land value and attached assets
Investors participating in the auction are required to make a deposit of VND 21.626 billion per application file. This amount must be credited to the account of the Asset Auction Service Center by 3:30 PM on December 11th, 2024. The center will only accept deposits within the specified timeframe unless participants voluntarily submit them earlier.
The auction assets will be open for inspection on December 9th during office hours. The auction will take place at 9 AM on December 12th at the Asset Auction Service Center of Ba Ria-Vung Tau province, located at 83 Do Chieu, Ward 3, Vung Tau city, Ba Ria-Vung Tau province.
According to Mr. Le Anh Tu, Deputy Director of the Provincial Department of Natural Resources and Environment, several investors have already expressed interest and submitted applications to participate in the auction for this land plot.
The plot is located within the 6A Residential Area – New Phu My Urban Area
Mr. Tu also shared that this is the first provincial land plot that meets all legal and planning requirements to be publicly auctioned. The land is designated for healthcare purposes, and the detailed 1/500 construction planning has been approved by the People’s Committee of Phu My town for a 200-bed hospital project.
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