Auction piece of land 8 million/m2 skyrocketed by 50 million after 3 months

On December 24, 2021, Thanh Hoa Provincial People’s Committee issued Decision No. 5354/QD-UBND recognizing the results of the auction of land use rights for the Residential Area project along the two sides of the CSEDP project (Ho Sen project). in Dong Son urban area, Thanh Hoa city.

SIGMA Investment Company Limited (SIGMA Company) with address in Dong Huong Ward, Thanh Hoa City (first business registration license issued on January 28, 2021) is the winner. Auction land use rights of the above project, with the winning amount of 435 billion VND, about 20 billion VND more than the starting price.

The location of the land is still a pond or lake

It is known that the total area of ​​​​the auction land is 130,752.3m2. In which, the residential land area for land use right auction (villas land, land divided into lots) is 55,395m2, including 28 plots of land in villas, area 9,707.9m2 and 508 residential plots divided into lots, area 45,687.1m2. The rest is the land area for construction of cultural houses, trees, traffic, technical infrastructure, and apartments social housing…

According to some real estate experts, with the winning amount at the auction of VND 435 billion, divided by the residential land area of ​​55,359m2, the average land price spent by businesses to implement the project is about VND 8 million. /m2.

Up to the present time, the current status of the above land is still ponds, lagoons, no ground, no infrastructure… However, in the past few days, many “land storks” have come to the above ground for advice and advice. introduce to customers to see and have a need to learn about the land plots here.

According to the “land triggers”, the price offered by the investor is very high, from 25 million to 48 million/m2, depending on the location.

“Land stork” advises price up to 48 million VND/m2

Many real estate experts believe that, with the location “Golden Land“If the winning price is so low, the investor wins big. Many people also question why such a beautiful land has won the auction so cheap, only about 20 billion higher than the starting price.

Previously, on January 22, 2018, Nakama Vietnam Joint Stock Company won the bid for site 3241 (area of ​​39 hectares), Dong Huong ward, Thanh Hoa city with the price of nearly 438 billion VND (nearly 4 times higher than the floor price). billions dong).

However, because the auction had many obstacles, the Provincial People’s Committee directed the functional departments to verify and cancel the winning results.

On April 12, 2019, Thanh Hoa Provincial People’s Committee approved the auction plan for this scandalous “golden land” with a starting price of 11 million VND/m2 (more than 666.4 billion VND).

Through many rounds, the ADI joint venture won the auction with the amount of 1,215 billion VND, increasing the revenue for the state budget by more than 548 billion VND.

Le Duong