From January 1, 2026, the 2013 Land Law officially expires, replaced by the Land Law (amended). One of the contents that people are particularly interested in is the determination of land prices for compensation when the State recovers land, which regulations will be implemented, in the context that the new land price list is built according to market principles and updated annually.
The old land price list is only valid until the end of December 31, 2025
According to the transitional regulations of the Land Law (amended), the land price list issued under the 2013 Land Law is only applicable until the end of December 31, 2025.
From January 1, 2026, the old land price list no longer has legal value; decisions on land acquisition, land allocation, land lease, and permission to change land use purposes must be based on the new land price list. Land price determination no longer applies the land price framework issued by the Government as before.
This regulation ends the mechanism of building land price lists according to a 5-year cycle - which is assessed as slow adjustment, not keeping up with market fluctuations.
The compensation price is determined according to the land price list at the time of recovery.
The Land Law (amended) clearly stipulates that the land price to calculate compensation when the State recovers land is the land price in the land price table at the time of issuing the recovery decision. This is the key point, clarifying the legal basis to determine the rights of the person whose land is recovered.
Unlike before, the new land price list is no longer built according to a 5-year cycle but will be updated annually. Land prices are determined to each location, each specific land plot, based on market data, auction results, actual transfers, infrastructure conditions, planning and land use purposes.
The change in the method of building land price lists is expected to overcome the large difference between state and market prices - the main cause leading to prolonged complaints and lawsuits in compensation and site clearance work in the past time.
According to the new regulations, land users need to pay special attention to:
- The time of issuing the land recovery decision is the basis for determining the compensation price
- No application of old land price lists after December 31, 2025
- The compensation price is calculated according to the new land price list, not according to separate agreements.
- Compensation, support, and resettlement must be public and in accordance with the law.
New land price list – legal basis for eliminating the two-price mechanism
One of the important objectives of the amended Land Law is to abolish the "two-price" mechanism, i.e., the parallel existence between the State land price and the actual transaction price on the market. This mechanism has caused many consequences such as budget revenue loss, difficulties in compensation, resettlement and prolonged disputes.
When the land price list is built close to market prices and updated regularly, the compensation price when land is recovered will more accurately reflect the value of people's land use rights. At the same time, the new land price list also becomes a unified basis for calculating land use fees, land rent and related financial obligations, contributing to transparency in land management.
The application of the new land price list from 2026 is not only a change in valuation techniques, but also a fundamental adjustment in land policy.
When land prices are determined more realistically, the rights of land users will be better guaranteed, while helping to make land management transparent, unified and reduce legal conflicts.
In case of dispute arising, people have the right to:
- Request to explain the compensation plan
- Complaint or lawsuit according to legal regulations
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