Speaking with Lao Dong, Lawyer Pham Thanh Tuan - Hanoi Bar Association, Real Estate Legal Expert - said that in the spirit and requirements of the 2024 Land Law, from January 1, 2026, localities must issue new land price lists. This land price list is built in a direction closer to market price, reflecting the real value of land.
For example, in Hanoi, the new land price list has been officially approved, applied from January 1, 2026. Accordingly, land prices are divided into 17 areas after the arrangement of administrative units, instead of according to districts as before. According to the new price list, the inner city area only increased slightly by about 2%, while many suburban areas - especially hot development points or areas with completed infrastructure - recorded an increase of 15-26%. Non-agricultural land prices will increase from 2% to 26% depending on the area.
According to the lawyer, the issuance of a new land price list is an inevitable requirement in the process of perfecting the land management institution. However, when the land price list is adjusted to increase, financial obligations related to land of people, even businesses, may also increase accordingly, including costs when carrying out procedures for granting red books (Certificate of Land Use Rights).
However, lawyer Pham Thanh Tuan said that it is impossible not to adjust the land price list due to concerns about increased financial obligations. The problem is the need for harmony in the implementation and application of policies.
Accordingly, in the context of increasing land price lists, management agencies can consider reducing the level of financial obligations that people have to pay, especially in procedures for granting Land Use Rights Certificates, through adjusting the collection rate or the amount to be paid.
The lawyer gave an example, currently, in some cases, land users have to pay land use fees at different rates, such as 20%, 30%, 70% or even 100% calculated according to the land price list.
"When the land price list increases, instead of keeping these rates unchanged, the State can adjust in the direction of reducing the collection rate. For example, the current rate of 20% can be reduced to 10%, or the rate of 70% can be adjusted to about 30%" - Lawyer Pham Thanh Tuan shared.
According to lawyer Pham Thanh Tuan, this approach will help the land price list still accurately reflect market trends, while limiting negative impacts on people's financial obligations.
When flexibly applied, adjusting the land price list not only ensures management requirements but also contributes to maintaining social security stability, avoiding putting too much pressure on costs for people when making red books or fulfilling financial obligations related to land.
