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The case of 3 billion VND cannot buy a plot of land in the countryside: Local authorities are not allowed to re-auction

Báo Dân tríBáo Dân trí24/11/2023


On the afternoon of November 23, speaking with Dan Tri reporter, Mr. Nguyen Huu Tho, Chairman of Lam Trung Thuy Commune People's Committee (Duc Tho District, Ha Tinh ), said that regarding the 9 rural land lots that were put up for auction with a starting price of more than 3.5 billion VND each, which caused a stir a while ago, the province has just issued a regulation not allowing localities to auction.

Accordingly, the land plots located along national highways are not allowed by the province to be planned by localities for auction. Thus, the 9 plots of land mentioned above are part of the planning for National Highway 8A and are therefore also included in this category.

"Regarding the current status of these 9 plots of land, people are still producing and growing rice normally," said Mr. Tho.

Vụ 3 tỷ đồng không mua nổi lô đất quê: Không cho địa phương đấu giá lại - 1

On these 9 plots of land, people are still producing and growing rice normally (Photo: Xuan Sinh).

As reported by Dan Tri newspaper, in January 2022, the People's Committee of Duc Tho district approved and signed a contract with an auction company in Ha Tinh city to organize an auction of 9 rural land lots in Lam Trung Thuy commune.

Of which, 8 plots of land with an area of 160m2 have a starting price of more than 3.5 billion VND/plot and one plot of land with an area of 263m2 has a starting price of more than 4.7 billion VND, the average starting price of each m2 of land is about 22 million VND. And the price step on each auction is from 176 to 237 million VND, depending on the area of each plot.

The land lots along National Highway 8A have been reclaimed by the government, the compensation price for rice fields for the people has been approved, and then the residential land has been auctioned, but the actual plots have not been marked yet. The location of the 9 land lots is nearly 4km from the administrative center of Duc Tho district.

On February 18, 2022, the auction took place but no one came to participate. The local people were very surprised and talked excitedly when these plots of land were auctioned at such "huge" prices. They said that the land price was too high compared to the actual value, even more expensive than many areas in the city.

At that time, Duc Tho district representative informed that the above price was based on the market. However, Lam Trung Thuy commune leader said that the starting price was too high compared to the actual value. After that, the auction of this land was temporarily suspended to complete the infrastructure.

Thus, after nearly 2 years, Duc Tho district will not be able to complete the infrastructure with 9 land lots that once caused a "fever" to be auctioned again.



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