The first land auction in Son La city had the most participating applications.

According to the assessment, this is the first time the land auction has had the most participating applications ever in Son La city, because the starting price is suitable for the market, with the customer segment with average and low income.

Son La City organizes auction at Resettlement Area No. 1, Chieng Coi Ward

Explaining why the real estate market has recovered after many years of stagnation in Son La city, in a meeting on preparations for auctioning land use rights in residential planning areas in Son La city, a representative of the Department of Agriculture and Environment of Son La said that the starting price is suitable for the market, suitable for the customer segment with average and low income. This is absolutely not due to the land fever in the locality. Therefore, it is necessary to ensure good publicity and transparency in the auction, avoid creating a virtual fever, which does not reflect the actual value of the land plot on the market.

The 60 plots of land put up for auction by Son La city this time are in resettlement area No. 1, Chieng Coi ward; Dai Thang residential area, Quyet Tam ward; residential area of ​​group 12, Quyet Thang ward and interspersed plots of land in Quyet Tam, To Hieu and Chieng Le wards.

In these auctioned lands, customers are most concentrated in resettlement area No. 1, Chieng Coi ward - the center of the city. Although the area is small, only from nearly 60m2 to nearly 67m2/lot, the starting price is nearly 480 million VND to 625 million VND, reasonable for low and middle income people.

Mr. Do Van Tru, Chairman of Son La City People's Committee, said that the locality aims to meet the real demand for residential land, suitable to the living conditions and income of people and officials.

Mr. Do Van Tru, Chairman of Son La City People's Committee, said that this is the first time that Son La City has had the most applications ever. The accurate segmentation of customers is a new approach of the city, aiming to meet the real demand for residential land, suitable for the living conditions and income of the people and officials.

“Recently, the Prime Minister has continuously issued Official Dispatches, and the Provincial People's Committee has issued instructions on organizing and implementing land auctions seriously, publicly, democratically, transparently, and legally. Son La City has also seriously implemented this work, while paying attention to preventing collusion in land auctions, price suppression, price inflation, and collusion in land auctions,” Mr. Tru affirmed.

Source: https://vov.vn/kinh-te/phien-dau-gia-dat-tai-thanh-pho-son-la-lan-dau-tien-co-nhieu-ho-so-tham-gia-nhat-post1187341.vov