On the morning of December 30, the Partnership Auction Company No. 5 – National, in coordination with the Land Development Center of Quoc Oai District, will organize an auction of the district’s assets.
Specifically, the auction will offer 26 land plots (LK2 and LK6 areas) in the project of constructing technical infrastructure for the land auctioning area, DG 31, in Yen Quan village, Tan Phu commune, Quoc Oai district.
These are rural residential land plots with long-term usage rights. The plot areas range from 73.2 to 101.5 square meters.
The starting price is VND 4.7 million/square meter, equivalent to VND 344 million to VND 477 million per plot. This is the starting price for the first round of bidding. From the second round onwards, the starting price will be the highest valid price offered in the previous round. In case the highest valid price in the previous round is equal to the starting price of that round, the starting price for the next round will be the price of the previous round plus one step price.
The common incremental price for the land plots and bidding rounds is VND 3 million/square meter. The deadline for selling and receiving auction registration dossiers is 5:00 PM on December 27.
The auction will be held in the form of direct voting with multiple rounds, with a minimum of six mandatory rounds. The direct voting process in the auction will end when there are no more bidders. The bidding method is upward bidding.
The auction will take place at the Quoc Oai District Cultural, Information, and Sports Center.
![]() A land auction in Quoc Oai District. Source: Quoc Oai District Information and Communication Center
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At the same location, on the morning of January 18, 2025, the National Partnership Auction Company No. 5, in collaboration with the Land Development Center of Quoc Oai District, will continue to organize an auction for the right to use 26 land plots (LK1 and LK2 areas) owned by the People’s Committee of Quoc Oai District.
The 26 auctioned land plots belong to the project of constructing technical infrastructure for the land auctioning area, DG 31, in Yen Quan village, Tan Phu commune, Quoc Oai district.
The plot areas range from 85 to 122 square meters. The starting price is VND 4.7 million/square meter, equivalent to VND 399.5 million to over VND 573 million per plot.
The deadline for selling and receiving auction registration dossiers is 5:00 PM on January 15, 2025.
The auction will be held in the form of direct voting with multiple rounds, with a minimum of six mandatory rounds. The direct voting process in the auction will end when there are no more bidders. The bidding method is upward bidding.
Previously, in November, Quoc Oai District successfully auctioned off dozens of land plots in Yen Quan village, Tan Phu commune. The highest successful bid was VND 94.7 million/square meter.
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