Decree 226/2025/ND-CP has amended and supplemented a number of articles of Decree 71/2024/ND-CP regulating land prices, in which, the methods of land valuation in Decree 71/2024/ND-CP are also amended and supplemented:
- Comparison method (Article 4).
- Income method (Article 5).
- Surplus method (Article 6).
- Land price adjustment coefficient method (Article 7).
For example, the order and content of determining land prices according to the comparison method in Article 4 of Decree 71/2024/ND-CP are amended and supplemented by Decree 226/2025/ND-CP as follows:
- Amend and supplement Point a and Point b, Clause 2 as follows:
Input information for land valuation is the land price that has been transferred on the market, the land price that has been auctioned for land use rights after fulfilling financial obligations as prescribed in Points a, b and c, Clause 3, Article 158 of the 2024 Land Law.
- Information in Point a, Clause 2 is taken from the following sources: national land database, national price database; Land registration office; tax authority; unit, organization for auctioning land use rights, auctioning assets; real estate trading floors, real estate enterprises; information collected through investigation and survey.
Based on the collected information to determine the general price; the general price is the digital average of the collected land prices. Organize land valuation to select land price information in order of priority for information near the general price.
- Amend and supplement Clause 3 as follows:
The selection of information for comparative land plots is in the following order of priority:
+ Having the closest distance to the land plot or land area to be valued and not limited by the administrative boundaries of commune-level administrative units in the provincial administrative area. In case of expanding the scope of information collection outside the provincial administrative area, the organization implementing land valuation must specifically explain the reasons in the Explanatory Report to develop a land price plan for the Land Price Appraisal Council to consider and decide.
+ Certain similarities in factors affecting land prices.
+ Latest information on the time of land valuation.
In case there are many different sources of information arising at the same time, priority is given to selecting information sources in the following order: national land database, national price database; Land registration office; tax agency; unit organizing the auction of land use rights, property auction; real estate trading floors, real estate enterprises; information collected through investigation and survey; In case the information was formed before August 1, 2024, information can be selected in accordance with the actual situation of land prices in the locality without relying on the priority order stated in Point c, Clause 3.
- Amend and supplement Point b, Clause 4 for assets attached to land that are perennial crops or planted forests as follows:
For perennial crops, the value of assets attached to land at the time of transfer or auction of land use rights is the exploitation value calculated based on income from harvesting products corresponding to the remaining years in the harvest cycle or determined according to the compensation unit price for perennial crops issued by the Provincial People's Committee.
For planted forests, the value of assets attached to land at the time of transfer or auction of land use rights shall be implemented in accordance with the provisions of specialized laws; in case there is no regulation, the value of assets attached to land shall be determined by the total cost invested in planting and caring for planted forests up to the time of transfer or auction of land use rights or determined according to the compensation unit price for planted forests issued by the Provincial People's Committee.
The organization implementing land valuation proposes a way to determine the value of assets attached to land such as perennial crops and planted forests for the specific Land Valuation Council to consider and decide.
- Amend and supplement Clause 5 on determining the price of the comparison land plot.
- Amend and supplement the names of Clause 6 and Point a, Clause 6 as follows:
+ Name: Based on factors affecting land prices as prescribed in Article 8 of Decree 71/2024/ND-CP and characteristics of the land plot and land area to be valued, the adjustment of land plot prices is compared according to the absolute value or percentage (%) according to the following principle:
+ Point a: Taking factors affecting the land price of the land plot that need to be valued as a standard to adjust the price of the land plot for comparison; making adjustments according to absolute value first, adjusting according to the following percentage (%)
