Auction Notice for Land Use Rights – Nam Ha Industrial Cluster (April 2025)

NORTH-CENTRAL-SOUTH PARTNERSHIP AUCTION COMPANY

AUCTION NOTICE

ASSET: LAND USE RIGHTS LEASE WITH ONE-TIME PAYMENT FOR THE ENTIRE LEASE PERIOD FOR COMMERCIAL SERVICE AREA

1. Name/address of auction organization: North-Central-South Partnership Auction Company.
Address: No. 6/4 Mac Thai To Street, Yen Hoa Ward, Cau Giay District, Hanoi City.

2. Name/address of the person with the property to be auctioned:
Nam Ha - Duc Linh Company Limited
Address: 268 Z30A Street, Nam Ha Village, Dong Ha Commune, Duc Linh District, Binh Thuan Province.

3. Auctioned assets:

3.1 Package 1: Land plot with Land Use Rights Certificate No. DN 253160
a. Land plot details:

- Land plot number: 34

- Map sheet number: 53

- Address: Nam Ha Industrial Cluster, Dong Ha Commune, Duc Linh District, Binh Thuan Province

- Area: 9,390.7 m²

- Form of use: Private use

- Land use term: Until November 12, 2068

- Maximum construction density 40%, height from 1 to 7 floors

- Purpose of use: Commercial service land - Industrial cluster

- Origin of use: Received capital contribution from land leased by the State with one-time payment

b. Starting price for auction:
VND3,000,000 ($120)/m² for the entire lease term (until November 12, 2068).
Total amount: 9,390.7 m² × VND3,000,000 ($120)/m² = VND28,172,100,000 ($1,126,884).
(In words: Twenty-eight billion, one hundred seventy-two million, one hundred thousand dong)

c. The deposit to participate in the auction is: VND4,000,000,000 ($160,000).

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3.2 Package 2: Land plot with Land Use Rights Certificate No. DN 253162
a. Land plot details:

- Land plot number: 40; Map sheet number: 53

- Address: Nam Ha Industrial Cluster, Dong Ha Commune, Duc Linh District, Binh Thuan Province

- Area: 5,635.5 m²

- Form of use: Private use

- Land use term: Until November 12, 2068

- Maximum construction density 40%, height from 1 - 7 floors

- Purpose of use: Commercial service land - Industrial cluster

- Origin of use: Received capital contribution from land leased by the State with one-time payment

b. Starting price for auction:
VND3,000,000 ($120)/m² for the entire lease term (until November 12, 2068).
Total amount: 5,635.5 m² × VND3,000,000 ($120)/m² = VND16,906,500,000 ($676,260).
(In words: Sixteen billion, nine hundred and six million, five hundred thousand VND)

c. The deposit to participate in the auction is: VND2,500,000,000 ($100,000).

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Note:

- The starting price of the above property packages does not include VAT and registration fees.

- Customers participating in the auction are responsible for carefully reviewing the auction invitation documents and the current status of the auctioned property before purchasing the documents and paying the deposit to participate in the auction and the regulations in the issued Auction Regulations.

- Auction participants can register for one or both auction plots depending on their needs.

4. Time and place for selling/receiving documents and registering to participate in the auction: Office hours from 08:00 on March 19, 2025, to 17:00 on April 11, 2025, at:

- Office of Bac Trung Nam Auction Company, Branch Office in Ho Chi Minh City - No. 6/5 Pham Van Hai, Ward 2, Tan Binh District.

- Nam Ha – Duc Linh Company Limited; 268 Road Z30A, Nam Ha Village, Dong Ha Commune, Duc Linh District, Binh Thuan Province. (Phone: Dung 0909081452)

- Office of People's Committee of Dong Ha Commune, Duc Linh District. (Phone: Mr. Hai 0903069589)

5. Application fee: VND1,000,000 (one million VND) ($40)/package  collected in cash.

6. Time and place to view assets: Office hours on March 24, 2025, and April 11, 2025. Location: Nam Ha Industrial Cluster, Nam Ha Village, Dong Ha Commune, Duc Linh District, Binh Thuan Province.

7. Time for paying deposit: From 08:00 on March 19, 2025, to 17:00 on April 11, 2025.

8. Conditions and methods of participating in the auction: Domestic and foreign organizations, individuals, and enterprises register to participate in the auction according to the provisions of Article 38 of the Law on Property Auction.

9. Auction form: One round of indirect voting, according to the ascending price method.

10. Auction time and location: 

Time: At 14:00 on April 16, 2025.
Location: At the office of Nam Ha - Duc Linh Company Limited.
Address: 268 Z30A Street, Nam Ha Village, Dong Ha Commune, Duc Linh District, Binh Thuan Province.

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NORTH-CENTRAL-SOUTH JOINT STOCK AUCTION COMPANY

VICE DIRECTOR
(Signed and stamped)
Dinh Dang Dung