Ho Chi Minh City Adopts a New Land Price Framework Following Administrative Merger

POST ON 22 มกราคม 2026

Ho Chi Minh City Adopts a New Land Price Framework Following Administrative Merger

             

             On 26 December 2025, the Ho Chi Minh City (HCMC) People’s Council adopted a resolution on a new land price framework, effective from 1 January 2026, to be applied citywide following the administrative merger of HCMC with former Binh Duong and Ba RiaVung Tau provinces.

             Overall, residential land prices are adjusted upward across most areas, although the scale of adjustment varies significantly among localities:

             (1) Former HCMC area: Price adjustments are relatively modest, with coefficients ranging from 1.0 to 1.65 times the 2024 land price schedule. The highest residential land price remains approximately 26,000 USD per m² along central streets such as Dong Khoi, Nguyen Hue, and Le Loi – largely unchanged from the current level – while the lowest is about 87.5 USD per m² in Thieng Lieng residential area (Can Gio Commune). In certain locations, industrial land prices are reduced to encourage investment. The moderate increase reflects the fact that land price schedules in recent years have already moved closer to market levels, while also helping to mitigate impacts on living costs as well as production and business activities in the urban core.

             (2) Former Binh Duong area: This area records the most significant increases, with adjustment coefficients ranging from 1.0 to over 8.0 times. Notably, residential land prices along DH.505 Road rise from roughly 30 USD to 240 USD per m². Commercial and service land prices increase by around four times, while land for production and business purposes rises by nearly 3.8 times. The highest adjusted residential land price reaches approximately 3,400 USD per m², concentrated along central roads such as Yersin and Bach Dang. These substantial increases primarily reflect the wide gap between the pre-merger land price schedule and prevailing market prices, which allowed considerable room for upward adjustment.

             (3) Former Ba Ria-Vung Tau area: Residential land prices increase by approximately 1.7 to over 4.0 times. The highest price, approximately 5,685 USD per m², applies to key coastal roads in central Vung Tau City, such as Thuy Van Street, a major tourism and service corridor. In contrast, the lowest prices, at only several million VND per m², are found in remote communes, rural areas, or locations with incomplete infrastructure. These adjustments aim to narrow the gap between state-regulated prices and market values; however, the increases are less pronounced than in former Binh Duong, given the already medium-to-high price base prior to the administrative merger.

             The new land price framework also raises agricultural land prices to better protect land users’ interests in cases of state land acquisition. Specifically, annual cropland prices are set at around 46 USD per m² in the former HCMC area and 38 USD per m² in the former Binh Duong area, while perennial cropland prices are 55 USD and 46 USD per m², respectively.

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Reference: VN Express, 26 December 2025

https://vnexpress.net/tp-hcm-chot-bang-gia-dat-moi-noi-tang-cao-nhat-gap-8-lan-4998686.html

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