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- Ritchie Bros . Brings More Ways to Buy and Sell to rbauction . com
- Ritchie Bros . Brings More Ways to Buy and Sell to rbauction . com
- HCMC re-auctions three Thu Thiem land plots, with starting prices up to 1 billion VND/m²
HCMC authorities issued decisions to auction land-use rights for three plots in the Thu Thiem New Urban Area (An Khanh ward), which were cancelled in 2021, to select investors for housing and mixed-use projects. Compared with the plan proposed in August 2026, the starting prices of all three plots have been raised; plot 1.K3.5.HH (formerly 3-12, about 10,059.7 m²) now starts at over 10,198 billion VND, or 1.014 billion VND per m². The combined starting price of the three plots exceeds 14,500 billion VND, and bidders must meet minimum owner's equity requirements set by regulation. The report also covers plot 3-5 (6,446 m², starting at over 1,901 billion VND) and plot 1-12 (nearly 32,000 m², starting at 5,663.3 billion VND, to be leased).
- Most important is controlling prices of social and rental housing; the high-end segment can follow market demand
At the Group 3 session, Prime Minister Lê Minh Hưng asked National Assembly deputies to keep contributing to the draft amended Law on Property Auctions, focusing on four issues: the scope of application and selection of auction organizations; participation, bidding and deposits; online auctions and bid increments; and cancellation of auction results and protection of bona fide buyers. For auctions of land-use rights, the process must be linked to the land pricing mechanism under land law. The Prime Minister stressed that the most important goal is controlling prices of social housing, rental housing and housing for policy beneficiaries and low-income people, preventing abnormal and unreasonable price spikes. The high-end segment can develop according to market demand, while related laws must be harmonized.
- Broad Arrow Auctions : BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS
Broad Arrow Auctions and Private Sales, driven by Hagerty (NYSE: HGTY), is offering a Ferrari lineup for its second annual Las Vegas Auction on October 31 with Concours at Wynn Las Vegas, plus a Zürich sale on November 7. The headline lot is a 2025 Ferrari Daytona SP3 with an estimate of $16,000,000 to $18,000,000; it is one of 600 built and shows just 81 miles. Other lots include a 2014 LaFerrari (estimate $8,500,000 to $10,000,000), a 2003 Enzo ($6,500,000 to $8,500,000) and a 2011 599 SA Aperta ($4,100,000 to $4,500,000). Hagerty says modern supercars now account for 38 percent of the global collector car auction market and hypercars for 32 percent.
- Ritchie Bros. Brings More Ways to Buy and Sell to rbauction.com
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