Auction history
| Round | Auction date | Starting price | Deposit |
|---|---|---|---|
| 1 | 5 Aug 2026 | VND 225.17bn | VND 22.5bn |
| 2 | 28 Sep 2026 | VND 211.87bn | VND 21.1bn |
| 3 | 19 Oct 2026 | VND 205.5bn | VND 20.55bn |
Each relisting came at a lower starting price, which suggests the earlier rounds drew no winning bid. We have not seen a published result notice for either round.
Our view for owners and investors
- Land is the main asset. At the starting price, a buyer pays about VND 31m per m² of land with 36 years of term left. Price the buildings as a refurbishment or redevelopment case, not as a running hotel.
- Enforcement sales carry their own risks. The asset is sold as is. Check the state of the buildings at the viewing, the status of any occupants, and who pays the transfer costs before you put down a VND 20.55bn deposit.
- Watch the price floor. If round three fails too, a further reduction is likely. The result will be a useful benchmark for hotel land outside Da Nang’s beach districts.
Source
Auction notice published by Bao Dau Thau (baodauthau.vn), “Đấu giá khách sạn tại số 64 Hoàng Văn Thái, thành phố Đà Nẵng với giá khởi điểm hơn 205 tỷ đồng”. Round 1 details from the auctioneer’s platform, taichinhqnamqtc.vn. Round 2 from Bao Dau Thau, 15 Sep 2026.