Land price table for 2026 set to align more closely with market prices

At the 8th session of the 10th Provincial People’s Council, deputies unanimously approved the Resolution on issuing the province’s first-ever Land Price Table, effective from January 1, 2026. This is a particularly important document that establishes the legal basis for determining financial obligations related to land, serving state management needs and supporting the province’s socio-economic development.

A corner of the Suoi Cam Lake area, located across Dong Xoai and Binh Phuoc wards. Illustrative photo: Hoang Loc

The new land price table is assessed as being more closely aligned with actual market prices, ensuring legitimate benefits for residents while contributing to investment attraction and stabilizing budget revenue.

Adjustments aligned with real-world conditions

At the session, Comrade Nguyen Tuan Anh, Member of the Provincial Party Standing Committee and Director of the Department of Agriculture and Environment, stated that the land price table was developed for the first time under the new legal regulations, with clearly defined scopes of adjustment, applicable subjects and implementation principles. The table provides detailed pricing for agricultural land, non-agricultural land and unused land, and specifies methods for determining land locations, boundary zones and application rules for areas adjacent to other provinces and cities.

According to the appraisal results of the Provincial People’s Council’s Economic-Budget Committee, the adjustments feature several new elements that align with practical conditions following the provincial merger and reflect market realities more accurately.

Specifically, agricultural land prices in the former Dong Nai area increased widely from 80-233% across all road sections and routes compared with the current price table, closely reflecting real market value trends in recent years. In the former Binh Phuoc area, agricultural land prices rose slightly by 5-35% along major transport axes, while prices along inter-commune roads and rural routes remained mostly unchanged.

Non-agricultural land prices were adjusted in line with infrastructure improvements and urbanization levels. In the former Dong Nai area, prices rose on average 10-30%, with some roads seeing increases of up to 50%. In the former Binh Phuoc area, many residential zones reported decreases of 1-19% due to slowed transactions and functional changes affecting former state office sites; however, some locations still experienced price increases thanks to newly invested and upgraded transportation infrastructure.

According to Huynh Viet Cuong, Chairman of the Economic-Budget Committee of the Provincial People’s Council and head of the appraisal unit, the new land price table is more in line with market values. This ensures that residents receive fair compensation when the State recovers land for project implementation, while also securing stable budget revenue and ensuring fairness in the fulfillment of financial obligations.

Speaking at the final Provincial People’s Council session of the year on December 9, Comrade Ton Ngoc Hanh, Alternate Member of the Party Central Committee, Permanent Deputy Secretary of the Provincial Party Committee and Chairwoman of the Provincial People’s Council, emphasized that the first-ever land price framework is an extremely important matter. It directly affects project implementation, investment attraction and the province’s socio-economic development tasks for 2026 and the years ahead. The council’s timely discussion, review and approval of the resolution during the year-end session reflect a strong sense of responsibility to legal requirements and adequately meet the demands of a new stage of development.

The Resolution stipulating the province’s first land price table for 2026 was approved at the 8th session (year-end 2025) of the 10th Provincial People’s Council. The Resolution consists of three articles accompanied by a regulatory document and eight appendices.

Continual refinement during implementation

Under the new regulations, the land price table is issued for the first time for 2026 and will be updated annually, instead of the previous five-year cycle. This marks a significant shift, enabling timely adjustments to market fluctuations and reducing the gap between state-issued land prices and actual transaction values.

According to Huynh Viet Cuong, Chairman of the Provincial People’s Council’s Economic-Budget Committee, the land price table must continue to be improved during implementation to remain market-aligned and ensure a balance of interests among residents, enterprises and the State.

During discussions at the year-end 2025 Provincial People’s Council session, many deputies expressed high expectations for the new framework. Deputy Nguyen Kim Phuoc, Secretary of the Party Committee and Chairman of the People’s Council of Binh Minh Commune, noted that agricultural land prices had long remained unchanged, or were adjusted only marginally, resulting in substantial gaps compared with market prices. The adjustments introduced in the first land price table are therefore necessary and appropriate. However, he emphasized the need for continued surveys in project areas where land recovery is planned, to ensure residents’ rights and support feasible site clearance.

Additionally, Phuoc proposed establishing a “buffer mechanism” by continuing to apply the old land price framework during the first quarter of 2026 to address pending administrative dossiers and ensure a smooth transition.

Sharing the same view, Deputy Ta Quang Truong, Secretary of the Party Committee and Chairman of the People’s Council of Xuan Hoa Commune, noted that increased land prices in certain areas may lead to higher financial obligations for residents, especially in rapidly urbanizing zones. He recommended extending the application of the old land price table until the end of the first quarter of 2026 to facilitate administrative procedures and ensure public consensus.

According to Nguyen Thi Hoang, Provincial Party Committee member and Vice Chairwoman of the Provincial People’s Committee, issuing and implementing the land price table at the right time and in accordance with regulations is a crucial foundation for the province’s development in the new context. The overarching principle guiding the framework’s development is to minimize discrepancies between state prices and market prices, ensure transparency and contribute to a stable investment environment.

In the coming period, to ensure the new land price table is effectively applied and widely supported by the public, local authorities and relevant agencies will strengthen communication and public disclosure, while continuing to improve the annual land database to support accurate updates in future price tables.

The land price table is both a management tool and a driver of development. A framework that closely reflects market values and harmonizes the interests of the majority will help accelerate site clearance, boost public investment disbursement, improve infrastructure and enhance investment appeal. The table must not only align with market conditions at the time of issuance but also be flexibly and continuously adjusted to help reduce complaints and disputes in the land sector.

By Hoang Loc - Translated by Quynh Giao, Thu Ha