Four land lots with a total area of over 30,000 square meters in the Thu Thiem New Urban Area in HCMC’s Thu Duc City will be auctioned on December 3 with a starting price of VND5.3 trillion.
A view of the Thu Thiem New Urban Area in HCMC’s Thu Duc City. Four land lots in the area will be auctioned early next month (Photo: TNO)
The HCMC Department of Natural Resources and Environment in a report on its performance in the January-October period and its plans for the remaining two months of the year, the department stated that it had reviewed the four land lots managed by the HCMC Land Fund Development Center and would auction them transparently in line with the law.
Besides the four land lots, 3,790 apartments in Thu Duc City’s An Khanh Ward will also be auctioned with a starting price of VND14.7 trillion. Thus, the city may collect more than VND20 trillion from the two auctions.
Procedures for the auction of the 3,790 apartments will be completed soon so that the municipal Appraisal Council can approve the pricing plan for the auction.
In addition, the HCMC Department of Natural Resources and Environment planned to collect the land use fee from nine projects amounting to some VND13.6 trillion.
Earlier, a leader of the HCMC government said in the last months of this year, the city would focus on handling issues at the Thu Thiem New Urban Area project, including the auction of land lots and the return of the capital advanced from the State budget, Thanh Nien newspaper reported.
(The Saigon Times)
- HCMC People’s Council approves VND24 trillion for Ring Road No. 3 project
- Hanoi to break ground on three metro lines by 2025
- Int’l consortium to detail out Can Tho City’s urban planning
- HCMC readies stations for public bike service
- Dong Nai seeks $180 mln for Long Thanh Airport road link
- HCMC seeks to build one million low-cost homes
- Ministry of Construction announces result for master urban planning-architecture concept for head office area of ministries and central agencies in the West of Ho Tay area
- PM allows five southern localities to develop Ring Road 4
- Vietnam has two new UNESCO-recognized biosphere reserves
- Boosting disbursement of public investment in transport sector