The starting price of all plots is still 7.3 million VND/m2, the same figure as previous auctions in Long Khuc area. The deposit for the plots ranges from 141 - 251 million VND/plot.
Most of the plots are about 97 m2, with some plots being as large as 144 - 172 m2.
The upcoming auction lots have relatively nice locations. Both areas have a direct view of Ring Road 4 and are located right next to the lake. Lot LK05 will be next to the football field. Lot LK06 will be located next to the social housing project.
According to the announcement from Lac Viet Joint Stock Auction Company, the deadline for receiving registration documents to participate in the auction is November 8. The auction format is still direct voting in many rounds, at least 6 rounds. The common price step applied in all rounds is 6 million VND/m2.
According to many investors' predictions, the corner lot of LK06 is likely to have the highest winning price in the upcoming auction and continue to exceed the threshold of 100 million VND/m2.
Today, 32 more plots of land will be auctioned in Hoai Duc. (Illustration: Minh Duc).
Recently, on November 4, the auction of 20 Hoai Duc land lots just ended with 12 rounds. Accordingly, the 2 corner plots had the highest winning price of 103 million VND/m2, equivalent to 15 billion VND/lot, more than 14 times higher than the starting price.
According to Lac Viet Joint Stock Auction Company, the land lot with the lowest winning price in this auction was over 85.3 million VND/m2, also 11.6 times higher than the starting price. Investors said that the results of this auction were mostly lower than the one on August 19, but compared to the general level, the price was still much higher.
Immediately after the results were announced, outside the auction area, many plots of land were advertised at prices ranging from 400 to 500 million VND.
The auction had about 150 participants, much less than the previous auction (the August 19 session had about 500 people with nearly 1,500 sets of documents).
Previously, on August 19, in Hoai Duc district, an auction of 19 residential land lots in LK04 area, Long Khuc village, Tien Yen commune also took place. The auction took place from 8:00 a.m., through the night, and until 4:30 a.m. on August 20 - after 18 hours, the final result was announced when all the land lots were successfully auctioned. As a result, the highest lot won with a price of 133.3 million VND/m2, more than 18 times higher than the starting price. This land lot has the symbol LK03-12, located at a corner with 2 open sides, with an area of over 113m2.
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