From March 1, 2026, each real estate put into management and transaction will be granted a separate electronic identification code, according to the provisions of Decree 357/2025/ND-CP of the Government on building and managing information systems, databases on housing and the real estate market.
According to this Decree, legal information of real estate will be centrally managed on the electronic data system, instead of just being shown on paper as before.
Clause 5, Article 3 of Decree 357/2025/ND-CP stipulates: The electronic identification code of real estate products (including houses and the floor area built in construction works) is a series of digits and letters with a maximum of no more than 40 characters issued separately for each house (apartment, detached) or real estate in construction works managed in the information system, database on housing and real estate.
This identification code is used to identify, manage, and monitor legal information and the current status of each real estate in the process of exploitation, use and transaction.
According to current regulations, people can look up and confirm real estate information through: Local land registration offices; Information confirmation procedures when notarizing contracts; Information system, database on housing and real estate market operated by competent authorities. In purchase and sale transactions, confirming legal information of real estate according to updated data on the system is the basis for ensuring transaction conditions according to regulations.
Talking to Lao Dong Newspaper, Mr. Nguyen Quoc Hiep - Chairman of the Vietnam Association of Construction Contractors said that Decree 357 on real estate identification, effective from March 1, 2026, will help transparentize the market.
The State will clearly understand the legal status and projects of each piece of land such as "citizen ID cards". This is a good tool for the State to manage and publicize information about suspended projects and problematic projects so that people know and avoid them.
Mr. Pham Duc Toan - General Director of EZ Real Estate Investment and Development Joint Stock Company said that real estate identification codes bring efficiency in digitizing statistical data.
Thanks to that, the State can monitor transaction fluctuations in each specific area to promptly regulate the market. This is not only an optimal solution for tax calculation and investment but also a mandatory foundation to force people to declare and publicize assets. In addition, people when buying real estate can conveniently look up legal information on land plots, creating a premise for a sustainable market development.
