Market11/03/2026

Online auction of 4 Thu Thiem land plots on 27/11: starting price over 16600 billion VND

Four land plots in Thu Thiem will be auctioned online on 27/11/2026 with a total starting price of over 16600 billion VND, on the Ministry of Public Security's auction system.

The 27/11 auction: confirmed information

According to VnExpress, four land plots in Thu Thiem, Ho Chi Minh City will be put up for auction online on 27/11/2026. The total starting price of the four plots, as reported by this newspaper, is over 16600 billion VND, along with financial capacity requirements for participants. Báo Đầu tư also published this starting figure of over 16600 billion VND in the headline of its article on the auction.

Several other newspapers such as CafeF, Thanh Niên and Báo Xây dựng also reported that the auction takes place on the Ministry of Public Security's online auction system. Two of them, Thanh Niên and CafeF, describe this as the plots being put up for auction again. A headline from VnExpress also mentions a comparison of the starting price after nearly 5 years since the previous auction.

The available sources do not currently allow more detail on the deposit amount, bid increment or individual plots, so this article does not provide those figures.

Date: 27/11/2026.
Format: online auction, on the Ministry of Public Security's system.
Scale: four land plots in Thu Thiem.
Total starting price: over 16600 billion VND (according to VnExpress and Báo Đầu tư).
Conditions: financial requirements apply to participants.

Moonlight Residences, Thu Duc — illustrative project photo

Why this auction is drawing attention

Thu Thiem is an area closely watched in the Ho Chi Minh City real estate market, and land auctions here usually attract the interest of both investors and home buyers. A starting price of over 16600 billion VND for four land plots is a large figure, indicating this is an auction aimed at investors with strong financial resources.

Holding it on the Ministry of Public Security's online platform is also a noteworthy point in terms of organization. At the same time, Sài Gòn Giải Phóng newspaper ran an article discussing stronger sanctions to curb deposit forfeiture and restore discipline in land auctions. This topic relates to the general environment of auctions, although there is no information on it being applied specifically to the four Thu Thiem plots.

What remains unclear and worth watching

As of 04/11/2026, the auction result naturally is not yet available. The winning price, the number of registered participants and the winning bidder are all information that will only be available after 27/11. There is also not enough data to assess how the project would be developed if the auction succeeds, or what the final product type would be.

Readers should follow official announcements from the auction organizer and major newspapers after the 27/11 session for updates on the results.

The winning price of each plot.
The number of valid applications and the level of competition.
The project's development progress after the results are known.

A perspective for apartment buyers and renters

Auctioned land only becomes housing after many years of development, so the 27/11 auction is unlikely to have an immediate effect on current apartment prices or rents. However, auction results are often used by the market as a psychological reference for local land price levels. This is a reference opinion, not a forecast.

To help buyers and renters picture the current price levels, here is data from the Đức Hưng Group available units in 11/2026 for 2-bedroom apartments (median prices): District 2 has 133 units for rent, with a median rent of 19 million VND/month, and 208 units for sale, with a median sale price of 6.9 billion VND. Thu Duc has 16 units for rent with a median of 13.3 million VND/month, and 175 units for sale with a median of 4.7 billion VND. For comparison, Binh Thanh records a median rent of 26 million VND/month and a median sale price of 9 billion VND, while District 7 stands at 14 million VND/month and 4.2 billion VND respectively.

From these figures, buyers can see that District 2 has a relatively large number of rental units among the available units, while its sale price is higher than Thu Duc and District 7. Those considering a purchase should compare based on whether they want to live in the property or invest for rental income, rather than simply waiting for the auction result. Renters should keep comparing multiple units in the same area before deciding.

The data above comes from Đức Hưng Group's available units in 11/2026 and is not market-wide statistics.
Follow the auction result as reference information, not as the sole basis for a decision.
Contact Đức Hưng Group for advice tailored to your budget and specific needs.

Median sale price of 2-bedroom apartments by area — Đức Hưng Group available units, 11/2026

Median rent of 2-bedroom apartments by area — Đức Hưng Group available units, 11/2026

Frequently asked questions

When will the four Thu Thiem land plots be auctioned?

According to VnExpress and several other newspapers, the online auction takes place on 27/11/2026 on the Ministry of Public Security's auction system.

What is the total starting price of the four land plots?

According to VnExpress and Báo Đầu tư, the total starting price is over 16600 billion VND, along with financial requirements for participants.