Factors affecting land prices are stipulated in Article 8 of Decree 71/2024/ND-CP (amended and supplemented by Decree 226/2025/ND-CP) as follows:
(1) Factors affecting land prices for non-agricultural land, including:
- Location, location of the land plot, land plot;
- Traffic conditions: width, road surface structure, adjacent to 1 or more road surfaces;
- Conditions for water supply and drainage, electricity supply;
- Area, size, shape of land plot, land plot;
- Factors related to construction planning include: land use coefficient, construction density, construction boundary, construction height limit, limit of basements built according to detailed construction planning approved by competent state agencies (if any);
- Current environmental and security status;
- Land use term;
- Other factors affecting land prices in accordance with actual conditions, cultural traditions, local customs and practices, brand development costs, business promotion costs, customer support costs, gifts, promotions that investors have added to the selling price and other reasonable costs affecting land prices.
(2) Factors affecting land prices for agricultural land, including:
- Crop and livestock productivity;
- Location, characteristics of land plots, land plots: nearest distance to the place of production and consumption of products;
- Traffic conditions for product production and consumption: road width, road allocation, road surface structure; terrain conditions;
- Land use term, except for agricultural land allocated by the State to households and individuals according to the limit of agricultural land allocation, agricultural land within the limit of receiving transfer of rights, is not based on land use term;
- Other factors affecting land prices in accordance with reality, cultural traditions, and local customs and practices.
(3) The Department of Natural Resources and Environment shall preside over and coordinate with relevant Departments and branches to advise and submit to the Provincial People's Committee specific regulations on factors affecting land prices, the maximum difference of each factor affecting land prices to determine a certain similarity level, and the method of adjustment for each difference of each factor affecting land prices.
In case the Provincial People's Committee has not yet regulated or there is a lack of regulations on factors affecting land prices, the maximum difference of each factor affecting land prices, and the method of adjustment for each difference of each factor affecting land prices, the organization shall conduct a specific land valuation proposal in the Explanatory Report to develop a land price plan for the Land Price Appraisal Council to consider and decide.
