The People's Committee of Ho Chi Minh City has just issued the Decision "Regulations on land allocation limits for individuals in Ho Chi Minh City".
This Decision stipulates the limit of land allocation for individuals in rural and urban areas in Ho Chi Minh City (according to the provisions of Clause 2, Article 195 and Clause 2, Article 196 of the Land Law dated January 18, 2024). This Decision replaces the previous Decision No. 18/2016.
Accordingly, individuals who are eligible and meet the conditions for land allocation will be considered for rural and urban land allocation at 3 levels, corresponding to 3 areas, specifically:
Districts 1, 3, 4, 5, 6, 7, 8, 10, 11, 12, Go Vap, Binh Thanh, Phu Nhuan, Tan Binh, Tan Phu, Binh Tan and Thu Duc city: no more than 160m2/individual.
Thus, compared to Decision 18, the limit of District 7, 12, Binh Tan and Thu Duc City is reduced from 200m2/individual to 160m2.
The reason for the adjustment of the limit is known to be that some places such as Thu Duc City, District 7, Binh Tan have a strong urbanization rate, housing development similar to inner-city districts. The demand for land for housing construction is very high but the remaining unrecognized land fund is low.
Towns, districts and areas that have implemented new urban construction projects according to urban and rural system planning in Binh Chanh, Hoc Mon, Cu Chi, Nha Be, Can Gio districts: no more than 200m2/individual.
Communes of Binh Chanh, Hoc Mon, Cu Chi, Nha Be, Can Gio districts: no more than 250m2/individual.
This regulation on the limit of residential land allocation to individuals replaces Decision No. 18/2016 of the Ho Chi Minh City People's Committee on the limit of residential land.
Previously, according to Decision 18/2016, the People's Committee of Ho Chi Minh City allocated residential land to individuals to build their own houses according to 4 limits including 160m2, 200m2, 250m2, 300m2 corresponding to 4 areas in Ho Chi Minh City.
Lawyer Nguyen Dang Tu, Ho Chi Minh City Bar Association, said that the recognized residential land limit is mainly used to calculate land use fees when households and individuals change land use purposes or to calculate compensation and support for residential land when land is recovered.
According to statistics for the first 6 months of 2024, land revenue in Ho Chi Minh City reached nearly 11,000 billion VND, an increase of 51% over the same period last year, accounting for 4.1% of the city's total budget revenue.
Revenue mainly comes from land use fees, land rent, land use tax, income tax from land use rights transfer, and fees and charges.
