Failed business; individual with bad debt - group 4 at Joint Stock Commercial Bank for Foreign Trade - Cu Chi Branch; currently in the process of filing a lawsuit so urgently need to liquidate a frontage land lot with an area of over 1 hectare (40m x 250m) on Pham Thi Quoi Street (Road 821 - road width 16m; two cars can pass each other comfortably) in Phu My Hung Commune, Cu Chi District, Ho Chi Minh City.
Currently owing the bank 60 billion in principal, overdue interest and penalty fee of 5 billion, totaling 65 billion, the mortgaged property was valued by the bank in 2022 at 75 billion, and now valued in 2024 at 95 billion VND. Now selling at the exact price of 80 billion VND because I don't want to borrow more; equivalent to 8,000,000 VND/m2
If you close early; no auction - the bank can process a loan equal to the purchase amount with a 24-month no-repayment policy and a fixed 24-month interest rate of 5%/year.
Land direction: Southwest suitable for Tay Tu Trach investors or can be divided into plots due to proximity to the model resettlement residential area of Ho Chi Minh City
Commission for brokers 1%, no quotes accepted
Owner Mr. Nhat 0904483083