According to the draft, the construction, adjustment, revision, and supplementation of land price tables must be carried out in accordance with the principles, bases, and methods of land valuation stipulated in points a, b, c of Article 6 of the Land Law and this Decree; the results of synthesizing, analyzing information on market land prices; the results of implementing the current land price table; natural, socio-economic, land management, and land use factors that affect land prices.
The construction, adjustment, revision, and supplementation of land price tables are carried out according to the administrative boundaries of provinces, according to the land location for areas without cadastral maps and land price databases; according to value areas, standard plots of land for areas with cadastral maps and land price databases.
PROVISIONS ON LAND PRICES IN THE LAND PRICE TABLE
The draft stipulates price levels for various types of land in: annual agricultural land price tables (rice cultivation land and other annual crop land); long-term crop land price tables; rural residential land; commercial and service land in rural areas; Production and business land that is not commercial and service land in rural areas; Urban residential land price table; Commercial and service land in urban areas; Production and business land that is not commercial and service land in urban areas…
For urban residential land; commercial and service land in urban areas; production and business land that is not commercial and service land in urban areas, which have the potential for high profitability, advantages in land use for production, business, trade, and services; agricultural land in residential areas, within the administrative boundaries of wards, the Provincial People’s Council is authorized to determine higher land prices based on local conditions.
For residential plots with better or less favorable factors that affect land prices compared to residential plots in the same land location in the land price table, the Provincial People’s Council bases on the actual situation at the local area to determine increases or decreases in prices.
For other types of agricultural land, the Provincial People’s Council bases on the prices of agricultural land in the surrounding area specified in the land price table to determine land prices.
For land used for public purposes for business purposes; construction of office headquarters, construction of works; religious and belief-use land; cemetery, funeral home, crematorium; bone ash storage facility land; other non-agricultural land, the Provincial People’s Council bases on the prices of non-agricultural production and business land in the surrounding area specified in the land price table to determine land prices.
According to the draft, for unused land, when competent state agencies allocate or lease land for use, the Provincial People’s Council bases on the land valuation method and the price of land of the same use purpose that has been allocated or leased in the surrounding area to determine land prices.
PROCEDURES FOR CONSTRUCTION, ADJUSTMENT, REVISION, AND SUPPLEMENTATION OF LAND PRICE TABLES
The draft states that the Department of Natural Resources and Environment prepares projects for construction, adjustment, revision, and supplementation of land price tables and submits them to the provincial People’s Committee for approval before June 1 of the year of construction, adjustment, revision, and supplementation of land price tables.
The provincial People’s Committee approves projects for construction, adjustment, revision, and supplementation of land price tables before June 15 of the year of construction, adjustment, revision, and supplementation of land price tables.
The project file for construction, adjustment, revision, and supplementation of land price tables includes: Project for construction, adjustment, revision, and supplementation of land price tables; Proposal for approval of the project; Draft Decision of the provincial People’s Committee on approval of the project.
The provincial People’s Committee decides to establish the Steering Committee to implement the project for construction, adjustment, revision, and supplementation of approved land price tables. The Steering Committee is responsible for assisting the provincial People’s Committee in directing the organization at all levels, related authorities to implement the project for construction, adjustment, revision, and supplementation of land price tables in the locality.
The Head of the Steering Committee decides to establish Working Groups to assist the Steering Committee. The working groups are responsible for inspecting and accepting the results of market land price surveys, compiling results of market land price surveys at the provincial level, draft land price tables.
According to the draft, the Department of Natural Resources and Environment is responsible for assisting the Steering Committee in hiring consultants to conduct land valuation for the construction, adjustment, revision, and supplementation of land price tables including: Determining land types, land locations or value areas, standard plots of land in each commune, ward, town; collecting information on land transfer, land use rights auctions for each type of land, land location in each commune, ward, town.
Surveying, synthesizing, analyzing information on market land prices; natural, socio-economic, land management, and land use factors that affect land prices; analyzing, assessing the results of implementing the current land price table; constructing, adjusting, revising, and supplementing land price tables…
Along with that, preparing the report on the construction, adjustment, revision, and supplementation of land price tables: Assessing the natural, socio-economic conditions, the situation of land management and use affecting land prices in the area; Evaluating the results of market land price surveys; the results of implementing the current land price table; specifying land locations; applying land valuation methods and land prices for each type of land in the draft land price table.
Evaluating the impact of the draft land price table on the economic and social situation, investment environment, the implementation of land and finance policies on the income, life of households, individuals, and organizations using land.
The Department of Natural Resources and Environment is responsible for publishing the draft land price table on the electronic information page of the provincial People’s Committee within 30 days. Organizing feedback from relevant agencies, organizations, and individuals on the draft land price table and absorbing and improving the draft. At the same time, submitting the dossier of the land price table to the Land Price Appraisal Council after absorbing, explaining opinions; based on the appraisal document of the Appraisal Council to absorb, explain opinions and correct, improve the draft for submission to the provincial People’s Committee.
According to the draft, the provincial People’s Committee submits the land price table to the same level People’s Council for approval. The provincial People’s Council directs the provincial People’s Committee to improve the land price table for decision-making, public announcement of the land price table on January 1, every year, and update it in the national land database.
For land price tables built according to the land location, the draft stipulates how to determine the land location; surveying, surveying, collecting information on market land prices; constructing land prices in the land price table according to the land location.
For land price tables built on the basis of value areas and standard plots: stipulating how to establish value areas; selecting standard plots and determining the price of standard plots; determining specific factors affecting land prices and establishing a comparison table; calculating, reviewing, checking, adjusting the results of determining the price of specific plots of land according to the standard plot.
