57 plots of land in Thanh Oai will continue to be auctioned in September 2024.

Vietnam Auction Joint Stock Company has just announced the organization of an auction for the right to use 57 land plots in Dam area, Muc Xa village, Cao Duong commune, Thanh Oai district, Hanoi city (phase 1).

Accordingly, Thanh Oai district will re-auction the first round of 57 land plots with areas ranging from 74.63 - 134.69 m2 in the form of auctioning each land plot by direct secret ballot once.

The auction is scheduled to be re-organized at 8:30 a.m. on September 8 at Thanh Oai District Gymnasium.

In particular, the starting price of land plots has increased from the old level of 7.3 million VND/m2 to 8.8 million VND/m2, equivalent to 660 million VND to nearly 1.2 billion VND/plot.

From the new starting price, customers participating in the land auction must deposit 20% of the land value, equivalent to 132 - 237 million VND, depending on the different plots.

The latest submission deadline is 2 days before the land auction. The application fee is 500,000 VND/application.

57 plots of land in Thanh Oai will be auctioned in September 2024.

Previously, the Thanh Oai district land auction was announced to be stopped for the reason that the district People's Committee had to re-determine the starting price of a total of 114 land plots.

The low starting price was the main reason why the auction had to be canceled earlier to determine a new price.

However, the new price after being reviewed and changed does not have much difference from the original price, making the land value only slightly different from the old value.

Source: https://www.nguoiduatin.vn/57-thua-dat-tai-thanh-oai-lai-tiep-tuc-duoc-dem-ra-dau-gia-vao-thang-9-2024-204240816160540592.htm