On May 7, the Chairman of the People’s Committee issued a plan for the auction of land-use rights for subdivided land funds, real estate facilities, and land plots for investment projects in 2025.
The auction of land plots in the city aims to efficiently exploit and promptly put land into use, meeting the land needs of citizens and enterprises and generating revenue for the state budget to supplement public investment and social welfare funds.
It also aims to develop commercial and tourism services, build residential and commercial areas with modern and harmonious architecture, and complete technical infrastructure connections in the surrounding areas to gradually perfect urban areas and civilized and modern residential areas. This will contribute to accelerating urbanization, providing a boost to the local economy and society, helping to meet housing demands and improving the quality of housing for citizens, and strengthening and enhancing the efficiency of land management.
The plan involves 85 land lots covering an area of nearly 14.3 thousand square meters, two mixed-use residential and commercial projects spanning over 30 thousand square meters, and five projects/land plots with a one-time land lease area of more than 42.8 thousand square meters. The auction will take place from June to December 2025, offering a total land area of nearly 87.4 thousand square meters and an expected revenue of over VND 1,942 billion.
Land plots/projects to be auctioned from June to December 2025
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Hue to auction 91 land lots, starting from over VND 5 million/sq. m
What’s the land price in Hue after becoming a centrally-governed city?
– 13:02 09/05/2025
Unlocking the Potential: Unveiling the Astonishing Value of Tien Hai’s Land through its Auction
The land auction for the old Kéo Factory site in Tiền Hải district, Thái Bình province, held on March 27, has sparked public interest due to a particular plot of land measuring 150.4 square meters that was successfully bid at a staggering 23 billion VND, equivalent to nearly 153 million VND per square meter.
Hue to Auction 91 Land Lots, Starting Bids from Over $220/sq. ft.
The upcoming auction in Hue City offers an exciting opportunity for investors and homeowners alike. A total of 91 land lots, located in the prestigious wards of Phong Hien, Phong An, and Phong Thu in the Phong Dien district, will be up for grabs in April. With a starting price of just VND 5.5 million per square meter for the most affordable lot and VND 8.3 million for the premium lot, this auction presents a rare chance to acquire prime real estate in a sought-after location.
Do I Need to Replace My Red Book When Provinces and Cities Are Merged?
The red book issued before the administrative unit merger remains valid. Registration of changes or updates is optional and can be done at the discretion of the citizens.