The Department of Agriculture and Environment in Da Nang has issued a response to citizens’ concerns regarding a tenfold increase in land prices in the area.
According to local residents, the prices of agricultural land have not increased significantly and remain lower than market values. Meanwhile, residential land prices have surged by up to ten times in certain areas. Citizens who wish to convert their agricultural land to residential use face higher land use fees due to the undervalued agricultural land prices.
In response to these concerns, the Department of Agriculture and Environment in Da Nang clarified that, according to Clause 1, Article 8 of the Government’s Decree No. 103 dated July 30, 2024, households and individuals who change the purpose of their land use from agricultural to residential are required to pay 100% of the difference between the residential land price and the agricultural land price.
The Da Nang authorities affirm that the information about a tenfold increase in land prices is inaccurate.
Regarding the claim of a tenfold increase in residential land prices, the Department stated that on June 26, 2025, the Da Nang People’s Committee issued a decision to adjust and supplement land prices for certain roads and areas in the city’s land price framework.
The highest increase in residential land prices was observed on Mai Dang Chon Street (from Tran Dai Nghia Street to Nguyen Binh Khiem Secondary School), which rose from VND 13,480,000/m2 to VND 34,500,000/m2, representing a 2.56-fold increase.
The land prices in the Olalani project area witnessed an increase of 4.89 times. However, as the Olalani project does not involve agricultural land, there is no impact on land use fees due to changes in land use purposes.
Therefore, the Department clarified that the citizens’ claim of a tenfold increase in residential land prices is inaccurate.
The Department also provided additional information about agricultural land prices. The prices in the wards of Da Nang City increased from VND 98,000/m2 to VND 200,000/m2 (a 2.04-fold increase), while the prices in the communes increased from VND 78,000/m2 to VND 140,000/m2 (a 1.8-fold increase).
“The adjustment of agricultural land prices is based on market transaction price surveys and information collected from land compensation and site clearance prices,” the Department stated.
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