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Land in Hanoi, 15km from Thang Long Bridge, the auction price from VND2.4 million / sqm

The starting price of 26 plots of land in Tam Dong commune, Me Linh district is considered quite cheap

26 land parcels in Tam Dong commune, Me Linh district, Hanoi will be auctioned with a starting price of only VND2.4 million / sqm.

The auction will be held by the Me Linh Fund for Development Branch in cooperation with Auction Company No. 5 – National Organization.

Accordingly, the auction will be divided into 2 stages. The first batch consisted of 10 plots in Bai Khoi Village, Van Loi Village, Tam Dong Commune, total area of ​​1,297 sqm; starting price of VND 2.4 million / sqm. The price applicable to the parcel of land is VND 200,000 / sqm.

26 plots of land in Tam Dong commune, Me Linh district have the auction starting at only 2.4 million m2
26 plots of land in Tam Dong commune, Me Linh district have the auction starting at only 2.4 million m2

Distribution time from 13 – 17/3/2017 (during office hours, except Saturday and Sunday). The Me Linh Fund Development Branch will hold a field review from 8:30 am to 11:00 pm on March 17, Deadline for submitting applications, March 20-24, 2012 (during office hours). The expected time of the auction is March 29, 2017.

Phase 2 will be auctioned 16 plots of land at Cua Do, Cu An village, Tam Dong commune, total area of ​​2,030 sqm; starting price VND2.35 million / sqm. The price applicable to land parcels is VND 100,000 /sqm.

Sale period from March 20 to March 24, 2017 (during office hours, except Saturdays and Sundays). The Me Linh Fund Development Branch will hold a field review from 8am to 11am on March 24th. Deadline for submission of application, reservation from March 27 – 31, 2012 (during working hours). The estimated time of auction is April 5, 2017.

Venue for distribution of invitations to participate in the auction, registration of auction participation, auction participation fee and deposit at Me Linh Fund Development Branch (Dai Thinh, Me Linh, Hanoi). ) and Auction Company No. 5 – Country (Address: No. 9 Nguyen Dinh Chieu street, Nguyen Du ward, Hai Ba Trung district, Hanoi). The venue for the auction is the conference hall of Me Linh district, Dai Thinh commune, Me Linh district.

The starting price of 26 plots of land in Tam Dong commune, Me Linh district is considered quite cheap
The starting price of 26 plots of land in Tam Dong commune, Me Linh district is considered quite cheap

The starting price of 26 plots of land in Tam Dong commune, Me Linh district is considered quite cheap

According to some estimates, the starting price of 26 land lots in Tam Dong commune is quite cheap. In terms of location, these plots are adjacent to a series of large urban projects under construction in Me Linh district and only 15 km from the inner city (via the Thang Long Bridge).

Compared to neighboring areas, for example in Dai Thinh commune (Me Linh district), the starting point when auctioning 40 land plots approved by the City People’s Committee in 2015 is VND 6.5 million / sqm). The price in Tam Dong commune is not equal to half.

Compared to the starting price of small land, interlaced in rural residential area in Nguyen Khe commune, Dong Anh district, the price in Tam Dong commune is not equal. Specifically, the price of the interlocking land in Nguyen Khe commune ranges from VND4.7 to 6.9 million/ sqm, two to three times higher. If compared to land in Hoai Duc district, the price in Tam Dong is only 1/10.

This relatively low price reflects the fact that Hanoi is very concentrated in the inner city without the development of the coastal areas. This makes the price of land between the two regions very large, although the geographic distance from the coastal area is only 10-15 km.

If in TP. The distance between 10-15 km is not meaningful because with the policy of expanding development, districts in the vicinity always have high prices. Even in the fourth quarter of 2016, land prices in districts 9, 12, Binh Chanh, Nha Be … also increased rapidly.

This also reminds Hanoi’s satellite urban development policy. Accordingly, the master plan for the construction of Hanoi capital to 2030 with a vision to 2050 has determined that the city will be developed in the urban cluster model of a central city, five satellite towns and cities. ecological status. This development will help reduce the pressure on the urban area.

However, after 8 years of implementation, satellite cities have not yet seen the shape of the population still continues to flow into the city.

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Land in Hanoi, 15km from Thang Long Bridge, the auction price from VND2.4 million / sqm
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