On the morning of November 24th, during the 28th session information conference (held from November 26th to 28th), the Hanoi People’s Council highlighted key points regarding the draft land price list set to take effect from January 1, 2026.
At the conference, Ms. Ho Van Nga, Head of the Economic and Budget Committee of the Hanoi People’s Council, addressed media inquiries concerning the city’s upcoming new land price list.
Ms. Nga stated that issuing the new land price list falls under the authority and responsibility of the Hanoi People’s Council, as per regulations and guidelines from the Ministry of Finance. Accordingly, the Hanoi People’s Committee has tasked specialized agencies with drafting the land price list, hiring consulting units, and selecting valuation methods in compliance with the Land Law.
Ms. Ho Van Nga, Head of the Economic and Budget Committee of the Hanoi People’s Council. Photo: TRỌNG PHÚ
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The draft has also been made public to gather broad input from citizens. This morning, the Vietnam Fatherland Front Committee of Hanoi organized a social critique conference on the draft Resolution.
According to the report submitted to the Hanoi People’s Council, the new land price list is divided into 17 zones, applicable to three land types: residential land, commercial and service land, and agricultural land.
Ms. Nga noted that for residential land, when divided into 17 zones, most prices remain largely unchanged compared to the current list.
“A few areas have increased by over 20%, as reflected in voter feedback, but these are very limited; the majority have increased by 2–3%. For commercial and service land, many areas have only risen by 7–8%. Agricultural land prices remain essentially unchanged,” Ms. Nga explained.
 Ms. Ho Van Nga, Head of the Economic and Budget Committee of the Hanoi People’s Council. Photo: TRỌNG PHÚ |
Regarding the valuation method, the Head of the Economic and Budget Committee stated that the consulting unit selected one of the three legally prescribed methods, while also considering comparative factors, impact analysis, and excluding unusual fluctuations to ensure appropriateness, including price index adjustments.
“Overall, this adjustment is not overly drastic. Agricultural land used for production and land acquisition projects have seen little to no increase. Only certain roads undergoing expansion, with high transaction values based on data from the Land Registration Office and notary offices, have been adjusted to align with market prices as required by law,” Ms. Nga added.
Ms. Nga also mentioned that the Economic and Budget Committee will hold an official review meeting on this matter on the afternoon of November 24th.
“The Committee will request specialized agencies to further clarify and supplement the draft based on public feedback and critiques from the Fatherland Front, ensuring the land price list complies with the law while avoiding negative impacts on economic and social development and citizens’ livelihoods,” emphasized the Head of the Economic and Budget Committee of the Hanoi People’s Council.
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According to the draft land price list for Hanoi, the city is divided into 17 zones. Specifically: – Zone 1 includes 9 central wards: Tay Ho, Ngoc Ha, Ba Dinh, Giang Vo, O Cho Dua, Hoan Kiem, Van Mieu – Quoc Tu Giam, Cua Nam, and Hai Ba Trung, with 424 streets and roads priced. In Zone 1, the highest residential land price proposed is over 700 million VND/m², applicable to plots facing 8 expensive streets: Ba Trieu (Hàng Khay – Tran Hung Dao section), Dinh Tien Hoang, Hai Ba Trung (Le Thanh Tong – Quan Su section), Hang Dao, Hang Khay, Hang Ngang, Le Thai To, Ly Thuong Kiet, Nha Tho, and Tran Hung Dao (Tran Thanh Tong – Le Duan section). The average residential land price in these 9 central wards is 255.3 million VND/m². – Zone 2 includes Hong Ha, Vinh Tuy, Bach Mai, Kim Lien, Dong Da, and Lang wards, with 111 streets. The highest price is recorded on Lang Ha Street (Thai Ha to Lang Road section) at nearly 320 million VND/m². The lowest price in this zone is on Linh Nam Street (Tam Trinh – Tan Khai section) and Tan Khai Street, at around 70 million VND/m². Notably, the proposed 2026 price list shows significant increases in outlying areas. Specifically, in Zone 9, comprising 7 communes—Lien Minh, O Dien, Dan Phuong, Hoai Duc, Duong Hoa, Dong Son, and An Khanh—land prices are proposed to rise by up to 26%. Within this group, the highest price is on National Highway 32, from the boundary of Xuan Phuong Ward to the junction leading to Kim Chung – Di Trach Urban Area (64.7 million VND/m²). The average residential land price in Zone 9 is 30.4 million VND/m², compared to the current 26.8 million VND/m². |
TRỌNG PHÚ
– 12:35 24/11/2025
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