On November 26, during the 28th session of the Hanoi People's Council, delegates voted to approve the city's first comprehensive land-price table, which will take effect on January 1, 2026.

The resolution establishes a legal foundation for land management and aligns with the amended Land Law and related regulations.

Regulated entities and land-pricing criteria

The resolution requires strict compliance from all state agencies involved in land management, as well as officials responsible for determining, appraising and approving specific land prices.

Consulting organizations and individual appraisers must also comply to ensure accuracy and transparency.

To ensure objective and realistic pricing, the resolution introduces clear criteria for classifying non-agricultural land based on the width of adjacent streets and alleys.

Clear pricing differentiation by location and distance

Non-agricultural land is divided into four positions based on access to streets and alleys.

Position 1 applies to plots with the highest commercial value, fronting streets or alleys listed in the price table. Subsequent positions depend on the width of the narrowest adjoining alley.

Position 2 applies to plots adjacent to alleys at least 3.5 meters wide.

Position 3 applies to alleys wider than 2 meters but less than 3.5 meters.

Position 4 covers plots in narrow alleys less than 2 meters wide.

The new land-price table applies coefficient multipliers (K) for multi-frontage plots, reflecting their higher commercial potential.

Plots with two or more street or alley frontages receive coefficient multipliers of K=1.18 to K=1.3, depending on the number of sides and intersection characteristics, applied based on the street with the highest listed value.

For plots deep inside old residential alleys (excluding new urban areas and auction zones), downward adjustments apply based on distance from the nearest priced street.

For plots in positions 2–4 located 200 meters or more from the nearest priced street, reductions range from 5% (200–300 meters) to 20% (over 500 meters).

The land-price table also adopts tiered pricing for plots deeper than 100 meters, with value decreasing from 100% (first 100 meters) to 70% for areas beyond 300 meters.

For agricultural land within residential areas, prices are higher but cannot exceed 50% of corresponding agricultural-land rates.

Pricing principles for unused land

The land-price table includes separate sections for non-agricultural and agricultural land.

For unused land, the resolution sets clear pricing principles:

– For calculating fines or compensation in legal-violation cases, the price is based on the highest-valued adjacent land type.

– When unused land receives approval for conversion, its price is determined according to the land-use category defined in the price table.

The resolution emphasizes the oversight roles of the Standing Committee of the Hanoi People's Council, its committees, representative groups and individual delegates.

It also calls on the city's Fatherland Front Committee to help communicate and monitor implementation.

The adoption of the land-price table, effective January 1, 2026, is expected to create a stable, transparent and unified legal basis for land valuation, improving land-management efficiency across the capital.