Unit price for new housing construction in Hanoi

KHÁNH AN |

Vice Chairman of Hanoi People's Committee Duong Duc Tuan has just signed a decision on promulgating new construction unit prices for houses, housing, and construction works attached to land.

Issuance of new construction unit prices for houses, dwellings, and construction works attached to land as a basis for calculating compensation for damages when the State reclaims land in Hanoi. This Decision takes effect from January 25, 2025 and replaces Decision No. 05/2023/QD-UBND dated March 28, 2023 of the Hanoi People's Committee.

Unit price for new house construction:

- 1-storey house, 110m wall with pillars, surrounding wall >3m high, tiled or corrugated iron roof, ceramic tiled floor, house with ancillary area is 2,655,900 VND/m2 and without ancillary area is 2,383,200 VND/m2 including VAT.

- 1-storey house, 220m wall, surrounding wall >3m high, tiled or corrugated iron roof, ceramic tiled floor, house with ancillary area is 3,140,100 VND/m2 and without ancillary area is 2,641,700 VND/m2 including VAT.

- 1-storey house, reinforced concrete flat roof (RC), with ancillary area is 4,631,600 VND/m2 and without ancillary area is 3,627,000 VND/m2 including VAT.

- Houses from 2 to 3 floors high, brick walls, reinforced concrete flat roof or reinforced concrete flat roof covered with tiles or corrugated iron is 6,247,400 VND/m2 including VAT.

- 4 to 5-storey house with reinforced concrete flat roof or reinforced concrete flat roof on corrugated iron roof; foundation not reinforced with reinforced concrete piles is 6,205,900 VND/m2 including VAT.

- 4 to 5-storey house with reinforced concrete flat roof or reinforced concrete flat roof on corrugated iron roof; reinforced concrete pile foundation is 7,134,400 VND/m2 including VAT.

- 6 to 8-storey building with reinforced concrete roof or reinforced concrete flat roof with corrugated iron roof, reinforced concrete pile foundation is 6,334,600 VND/m2 including VAT.

- Apartment buildings from 6 to 8 floors high with reinforced concrete roof or reinforced concrete flat roof on corrugated iron roof; foundation not reinforced with reinforced concrete piles is 6,795,800 VND/m2 including VAT.

- Apartment buildings from 6 to 8 floors high with reinforced concrete roof or reinforced concrete flat roof on corrugated iron roof; reinforced concrete pile foundation is 7,583,500 VND/m2 including VAT.

- Villa: 2 to 3 floors high, brick walls, reinforced concrete flat roof is 7,896,700 VND/m2; 4 to 5 floors is 7,902,800 VND/m2 including VAT.

Unit price for new construction of all types of factories:

- Factory with concrete foundation, steel columns, corrugated iron or brick walls, corrugated iron or fiber cement roof, without crane is 2,700,500 VND/m2 including VAT.

- Factory with reinforced concrete foundation and columns, corrugated iron or brick walls, corrugated iron or fiber cement roof, without crane is 2,858,600 VND/m2 including VAT.

Unit price for new house and construction works:

- Temporary house: Brick wall 220, height ≤ 3m, tile roof, fiber cement or corrugated iron, floor paved with cement tiles, bricks or colored cement is 2,269,700 VND/m2 including VAT; Brick wall 110, height 3m or less, floor paved with cement tiles, bricks or colored cement is highest at 1,805,400 VND/m2 and lowest at 1,101,900 VND/m2 including VAT; temporary house with reed walls, oil paper or thatched roof is 495,700 VND/m2 including VAT.

- House for sale: Brick wall 220 high ≤ 3m with tiled roof, fibrocement or corrugated iron is 1,410,100 VND/m2 including VAT; Brick wall 110 high ≤ 3m with tiled roof, fibrocement or corrugated iron is 1,325,900 VND/m2 and oil paper roof is 1,134,300 VND/m2 including VAT.

- Stilt houses, depending on the type of material, cost from 152,200-1,749,600 VND/m2 including VAT.

- The restaurant has bamboo columns, thatched roof, and dirt floor for 155,100 VND/m2; cement floor for 233,200 VND/m2 including VAT.

- Yard and road prices range from 79,100-367,000 VND/m2 including VAT.

- Fence prices range from 132,800 to 1,260,000 VND/m2 depending on the material, including VAT.

- Roofing made of plastic sheet or fiber cement is 290,900 VND/m2; roofing made of tile or corrugated iron is 463,300 VND/m2 including VAT.

- Other works such as attics, water tanks, septic tanks, wells, drainage ditches cost from 480,500 to 3,617,900 VND/m2 including VAT.

- Incense tree costs 1,726,300 VND/m2 including VAT.

- Grave moving costs from 5,492,200 to 14,849,700 VND/m2 including VAT.

KHÁNH AN
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