BIDV District 3 HCMC announces the mortgage auction for debt recovery

Publish date
25/08/2022

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Joint Stock Commercial Bank for Investment and Development of Vietnam – Branch of District 3, Ho Chi Minh City (BIDV District 3, Ho Chi Minh City) announces the auction of properties as follows:

1. Auction property:

Land use rights, ownership of houses and other land-attached assets according to the Certificate of Land Use Rights, Ownership of Houses and Other Land-attached Assets No. CA161268 located at Tan Thoi Nhi Commune, Hoc Mon district, City. In Ho Chi Minh City, enter the certificate of granting certificate number CH 00266 issued by the People's Committee of Hoc Mon district on May 29, 2015, and register to change the owner on August 14, 2015, specifically as follows:

a. Parcel of land:

Land plot number: 795 , map sheet number: 35.

Address: Tan Thoi Nhi commune, Hoc Mon district, City. Ho Chi Minh City

Area: 1,951.3 m2, (In words: One thousand nine hundred and fifty one point three square meters)

Use form: Private use: 1,951.3 m2,

Purpose of use: Urban residential land 1,682.8 m2, Perennial land 268.5 m2.

Shelf life : Urban land: Long-term stability.

Land for planting perennial crops: Until November 30, 2048.

Origin of use: Recognition of land use rights such as land allocation with collection of land use fees. Recognition of land use rights as land allocation without land use levy.

b. House: -/-.

2. Owner of auctioned property: Joint Stock Commercial Bank for Investment and Development of Vietnam - Branch in District 3, Ho Chi Minh City.

Address: No. 549 Dien Bien Phu, Ward 3, District 3, City. Ho Chi Minh.

3. Property auction organization: Minh Phap Partnership Auction Company.

Address: 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City.

4. Starting price: 18,400,000,000 VND (Eighteen billion, four hundred million VND). The starting price does not include personal income tax from the transfer of real estate, registration fees, costs related to the transfer of ownership/use of the property, registration fees and other costs (if applicable). yes) when making a property purchase, these costs are borne by the auction winner.

5. Price step: Minimum 20,000,000 VND (Twenty million VND)/time bid.

6. Deposit amount: VND 1,840,000,000 (One billion, eight hundred and forty million VND) equivalent to 10% of the starting price.

7. Money to buy auction documents: 500,000 VND (Five hundred thousand VND).

8. Time and place to view auctioned assets:

- Property viewing time: From 8:30 am on August 26, 2022 to 4:00 pm on September 13, 2022.

- Location of property viewing: Land plot number: 795, map sheet number: 35, Tan Thoi Nhi commune, Hoc Mon district, City. HCM.

View property records at Minh Phap Auction Partnership Headquarters and Bank for Investment and Development Bank Headquarters – District 3 Branch, Ho Chi Minh City.

9. Time, location, conditions and method of registration to participate in the auction:

- Time to sell auction participation documents, receive auction participation documents (during office hours): From 8:30 a.m. on August 26, 2022 to 4:00 p.m. on September 13, 2022. National Day holidays (September 2 as prescribed).

- Location of selling registration documents: At the headquarters of Minh Phap Auction Partnership Company (No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City) and Vietnam Investment and Development Commercial Joint Stock Bank Southern Branch District 3 City. Ho Chi Minh City (No. 549 Dien Bien Phu, Ward 3, District 3, Ho Chi Minh City).

- Conditions for registration of participation: Individuals and organizations with financial needs and capabilities may participate in registration except for the cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016/QH14 Issued on November 17, 2016.

- How to register: Submit an application to participate in the direct auction at 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, HCMC.

10. Time limit for deposit payment: Time to receive advance payment (during office hours): From 8:30 a.m. on September 13, 2022 to 4:00 p.m. on September 15, 2022.

- Organizations and individuals eligible to participate in the auction shall submit valid auction participation documents and deposit to Minh Phap Auction Partnership Company in accordance with regulations.

11. Time and location of auction:

- Auction time: At 14:00 on September 16, 2022.

- Auction venue: At the headquarters of Minh Phap Auction Partnership - No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh City.

12. Auction form and method:

* Auction form: Directly orally at the auction.

* Auction method: Up bid method.

13. Contact address: Customers wishing to purchase auctioned properties should contact:

* Minh Phap Partnership Auction Company:

- Address 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, City. Ho Chi Minh.

- Phone: 028.38453169 - 38453249 Fax: 028.38453363.

* BIDV District 3 Ho Chi Minh City - Debt settlement team: 549 Dien Bien Phu, Ward 3, District 3, Ho Chi Minh City, Vietnam.

- Phone: (028) 7303 9139, 0909053368.

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