The Government issued Decree 226/2025/ND-CP amending and supplementing a number of articles of the decrees detailing the implementation of the 2024 Land Law.
At point b, clause 4, Article 1 of Decree 226/2025/ND-CP, point a, Clause 3, Article 6 of Decree 71/2024/ND-CP on construction investment costs to determine land prices according to the surplus method was amended and supplemented, including:
- Construction costs of works and project items (including contingency costs for price drop factors), including: construction of technical infrastructure works, architectural works and other construction works under the project according to the approved plan.
- Construction costs of temporary construction works and items, construction aid for construction; demolition costs of construction works not within the scope of site clearance demolition work have been determined in compensation, support and resettlement costs.
- Equipment costs (including related taxes).
- Project management costs.
- Construction investment consulting costs.
- Land leveling costs, bomb and mine clearance costs, geological survey costs, costs, construction procedures costs, construction insurance costs during the construction period and other reasonable and valid costs according to the provisions of the law on construction that directly contribute to the formation of project development revenue, by organizing the implementation of land valuation for each specific project, proposing to the Land Price Appraisal Council for consideration and decision.
In case of applying the investment capital rate, it must comply with the provisions of the construction law on the investment capital rate for construction works.
In case of determining land prices for sea encroachment projects or sea encroachment items in investment projects, in addition to the sea encroachment costs approved by competent state agencies, the construction investment costs specified in this point that have not been determined in the approved sea encroachment project or the sea encroachment items in the approved investment project.
In case the land plot or land area that needs to be valued for implementing a housing construction investment project for sale or for sale combined with lease is transferred with land use rights in the form of subdivision or sale of land, the cost of building a house will not be included in the construction investment cost.
