Ho Chi Minh City is preparing to auction three land lots in Thu Thiem New Urban Area, Thu Duc City, according to information from Mr. Nguyen Toan Thang, Director of the Ho Chi Minh City Department of Natural Resources and Environment.
Thu Thiem new urban area, located on the east bank of the Saigon River and opposite District 1, is expected to become the city's high-end financial, cultural, commercial and service center.
The three land lots scheduled for auction include lots 1-2 and 1-3 in Functional Area No. 1, and lots 3-5 in Functional Area No. 3, with a starting price of over VND 5,000 billion.
Lot 1-2 and 1-3 are planned for a multi-functional residential and commercial area, with a prime location with four frontages, including one facing the main road To Huu.
According to Dan Tri reporters, currently, these two plots of land have overgrown grass, taller than a person's head.
According to the plan, lot 1-2 has an area of about 7,800m2, expected to build 205 apartments, while lot 1-3 has an area of more than 5,000m2, expected to build 152 apartments.
Land plot 3-5, with an area of over 6,400 square meters, was successfully auctioned in 2021 but the enterprise later forfeited the deposit. Ho Chi Minh City plans to terminate the auctioned asset sale contract signed with the winning bidder.
Inside these "golden lands" are mainly swamps and lakes.
The land is surrounded by corrugated iron and fenced carefully.
Due to the lack of security, people have arbitrarily opened roads into these areas.
The auction of these 3 plots of land is part of a plan to auction a series of land use rights in Thu Thiem this year. After these 3 plots, Ho Chi Minh City plans to continue auctioning 4 more plots of land, totaling about 49 plots of land.
The auctioned lands will serve functions such as multi-functional residential, commercial - service, high-density residential, education, fuel stations and cultural works.
Thu Duc City expects to collect about VND15,000 billion in budget revenue from land use fees this year, including land plots in Thu Thiem.
Experts say Thu Thiem is becoming a "hot spot" attracting investment thanks to its developed infrastructure, with important connecting projects such as Thu Thiem Bridge 1 and 2, Thu Thiem Tunnel and Metro Line 2 Phase 2.
Thu Thiem is expected to record strong growth in real estate value and become an ideal destination for office projects, commercial complexes and luxury apartments.
Location of 3 plots of land to be auctioned on the map (Photo: Google Maps).
Source: https://dantri.com.vn/bat-dong-san/can-canh-3-lo-dat-thu-thiem-sap-dau-gia-gia-khoi-diem-hon-5000-ty-dong-20250304224522144.htm
Comment (0)