Regarding the auction for leasing the right to use the land to invest in the high-end service area project on the banks of the Huong River (address 5 Le Loi, Vinh Ninh Ward, Hue City) that Nguoi Dua Tin reported, information from the Department of Natural Resources and Environment of Thua Thien - Hue province, the auction results are now available.
Prime location of the land (red box).
Land plot No. 5 Le Loi has an area of 8,012m2, considered a 'golden land' located on the southern bank of the Huong River, in the central area of Hue City.
The unit announced to win the auction of this land is An Phu Minh Investment and Transport Company Limited (headquartered in Hue City). This enterprise offered a price of 5.93 billion VND/year, 7.5 times higher than the starting price of 823.9 million VND/year.
According to regulations, the lease term of the above land plot lasts for 10 years from the date of being recognized as the winning bidder. The total amount that this company must pay after winning the auction to lease the right to use the land plot is nearly 60 billion VND.
Many investors participating in the auction said that the price that An Phu Minh Investment and Transport Company Limited won was too high. Meanwhile, according to regulations, although the land use function is commercial service land, the pure construction density is only allowed to be ≤ 5%, the building height is only 01 floor (≤ 8m from the riverside road level) and does not provide accommodation.
In a quick exchange with reporters, the leader of the Land Fund Development Center of Thua Thien-Hue province said that currently, this unit has fulfilled related financial obligations and The center is completing the procedures to hand over the land to the business soon.
As Nguoi Dua Tin reported earlier, the Property Auction Service Center of Thua Thien-Hue province has coordinated with the Land Fund Development Center - Department of Natural Resources and Environment of Thua Thien-Hue province. Organize an auction to lease the right to use the land at No. 5, Le Loi Street, Vinh Ninh Ward, Hue City (the land adjacent to the Azerai La Residence Hotel and the 11.5m planned road along the Huong River).
The total area of the land is 8,012.3m2. The land is located in the center of Hue City, on the south bank of the Huong River, adjacent to the Huong River, suitable for connecting facilities serving tourism services; has complete traffic infrastructure, electricity system, water system and installed wastewater drainage pipes.
The purpose of the auction is to call for investment in the Project on the land to beautify the landscape of the Huong River bank, build a high-class tourist service area (without accommodation), in harmony with the surrounding area, creating a highlight on the southern bank of the Huong River.
Land use term: 10 years from the date of the Decision recognizing the auction results of the People's Committee of Thua Thien-Hue province.
The form of land use is that the State leases land with annual payment to implement investment projects through auctions for land use rights lease.
Starting price for land use right lease auction: VND 823,985,000/year (excluding other taxes and fees as prescribed).
Le Kong
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