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Auction Notice for Asset Sale (6th time) – Client: PHAM QUANG PHAN
12/11/2026Property Name
– Land use rights at plot number: 604, map sheet number: 29, area: 5388.4 m2 of land specifically for rice cultivation, term of use until: 11/11/2067, address: An Nhon Tay commune, Cu Chi district, Ho Chi Minh City, according to Certificate of Land Use Rights, Ownership of House and Other Assets Attached to Land No.: CM 558419, registration number: CH05973 issued by the People’s Committee of Cu Chi District on January 9, 2019, last updated transfer to Mr. Pham Quang Phan on December 28, 2023.
Starting Price, Deposit
– Starting price of the property: (excluding VAT): 3,100,000,000 VND (Three billion, one hundred million dong).
– Method of handling the property: Public auction and sale in its current condition.
– Responsibility for paying taxes and fees: Value-added tax (if applicable, as per MSB’s notification) and other taxes, fees, charges, and expenses arising from the transfer of ownership are the responsibility of the winning bidder to declare and pay.
– Payment obligation: The winning bidder is responsible for paying the entire auction price and value-added tax (if applicable, as per MSB’s notification) in one lump sum before signing the sales contract.
– Deposit: 310,000,000 VND
– Bid increment: 50,000,000 VND
Time and location for submitting registration documents for participation in the auction:
• Auction organizer: Minh Phap Partnership Auction Company
• Address: 151 Tran Huy Lieu Street, Phu Nhuan Ward, Ho Chi Minh City
• Sale and acceptance of auction participation documents: until 5:00 PM on November 25, 2026
• Auction time: 8:00 AM on November 27, 2026
• Auction location: Minh Phap Partnership Auction Company – 151 Tran Huy Lieu Street, Phu Nhuan Ward, Ho Chi Minh City
Contact information:
Mr. Tuan 090.999.6181 – Sales and Secured Asset Exploitation Department