New Land Price Scheme Approved in Hanoi, Effective 2026
On November 26th, the Hanoi People’s Council unanimously approved a new land price scheme, effective from January 1, 2026. The scheme divides Hanoi into 17 zones based on administrative rearrangements, replacing the previous district-based system.
Zone 1, encompassing areas within the inner ring road, commands the highest prices. This includes neighborhoods like Tay Ho, Ngoc Ha, Ba Dinh, Giang Vo, O Cho Dua, Hoan Kiem, Van Mieu – Quoc Tu Giam, Cua Nam, and Hai Ba Trung.
Within Zone 1, prime land adjacent to major roads like Ba Trieu (from Hang Khay to Tran Hung Dao), Dinh Tien Hoang, and Hai Ba Trung (from Le Thanh Tong to Quan Su) reaches a staggering 702 million VND per square meter. This rate also applies to streets like Hang Dao, Hang Khay, Hang Ngang, Le Thai To, Ly Thuong Kiet, Nha Tho, and Tran Hung Dao (from Tran Thanh Tong to Le Duan). Compared to the current scheme, Hanoi’s highest land prices have increased by 2%.
This 2% increase is consistent across Zones 2 (inner ring road to middle ring road), 3 (middle ring road to outer ring road), 4 and 5 (outside the outer ring road on the right bank of the Red River, excluding Chuong My, Son Tay, and Tung Thien), and 6 (areas bounded by the Red River, Duong River, and outer ring road).
The new scheme introduces a multiplier (K factor) for special cases. Land parcels bordering four or more named roads within the price table receive a K factor of 1.3 in the highest-priced zones. Parcels bordering one to three roads receive K factors ranging from 1.1 to 1.25.
Significant price increases are observed in outlying areas. Zone 9 (Lien Minh, O Dien, Dan Phuong, Hoai Duc, Duong Hoa, Dong Son, An Khanh) saw the highest increase, with land prices along major roads rising by 26%. The average price in this zone is now 30.4 million VND per square meter, up from 26.8 million VND.
The highest price within this category is found on National Highway 32, from Xuan Phuong Ward to the Kim Chung Di Trach urban area intersection, at 64.7 million VND per square meter.
Zones 7 (Tien Thang, Yen Lang, Quang Minh, Me Linh, Phuc Thinh, Thu Lam, Dong Anh, Vinh Thanh, Thien Loc) and 10 (Dai Thanh, Thanh Tri, Ngoc Hoi, Nam Phu, Binh Minh, Tam Hung, Thuong Tin, Hong Van, Thanh Oai, Dan Hoa, Thuong Phuc, Chuong Duong) experienced a 25% increase.
Agricultural land prices remain largely unchanged. The highest rate, 290,000 VND per square meter, applies to central districts and areas near the outer ring road (Zones 1-6).
Northern districts (Tien Thang, Yen Lang, Quang Minh, Me Linh) and southwestern areas (Thuong Tin, Hong Van, Thanh Oai, Dan Hoa, Thuong Phuc) saw a 24% increase. Paddy fields, annual crops, and aquaculture land in these areas are now priced at 192,000 VND per square meter, while perennial crops are at 262,000 VND. These rates also apply to outlying districts like Dan Phuong, Hoai Duc, An Khanh, and Phu Xuyen.
In the remaining areas of Hoai Duc, Dan Phuong, Dong Anh, Gia Lam, and former Thanh Tri districts, agricultural land prices remain at pre-merger levels: 270,000 VND for perennial crops and 231,000 VND for paddy fields, annual crops, and aquaculture.
The new land price scheme will be used to calculate compensation, determine resettlement land prices, and assess land use taxes and personal income tax from land transfers. It will also adjust fees and charges related to land use, transfers, and administrative procedures.
For citizens, land transactions below the published prices may be subject to scrutiny by land management authorities. Even in legally valid transactions, taxes and fees will be based on the minimum prices outlined in the scheme.
Hanoi Officially Approves New Land Price List, Outskirts See Significant Fluctuations
The Hanoi People’s Council has approved a new land price table effective from January 1, 2026. Prime locations along central streets will see land prices set at 702 million VND per square meter. Suburban areas have experienced the most significant adjustments, with the highest increase recorded at approximately 26%.
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