According to the Decision, the subjects of application include: Agencies with land management functions; agencies and individuals with authority to determine, appraise and decide on specific land prices; land price consultancy organizations, individuals practicing land price consultancy; other relevant organizations and individuals.
Factors affecting land prices, criteria for forming factors affecting land prices to analyze, determine a certain level of similarity, and adjust each factor affecting land prices between the Appraised Asset and the Comparable Asset for non-agricultural land, including:
1. Location, location of the land plot, land lot: Distance in order of priority to: Administrative center; commercial center; education and training; park, entertainment area; market, medical facility (according to location, current status of the Project, land lot, land lot). Adjustment difference: not more than 5%; Land price according to the City's Land Price List (according to location of the Project, land lot, land lot). Adjustment difference: not more than 15%.
2. Traffic conditions: Type of road (asphalt, concrete, soil and other road structures) adjacent to the Project, land plot, land plot according to the current status at the time of land valuation. Adjustment difference: not more than 5%. Road width (including sidewalk) adjacent to the Project, land plot, land plot. Adjustment difference: not more than 10%. Number of adjacent road surfaces of the Project, land plot, land plot (including roads, alleys). Adjustment difference: not more than 5%. For the case of estimating the transfer price of land and individual houses: The land valuation organization conducts a survey, collects and evaluates additional criteria on internal road cross-sections (if any) adjacent to the land plot according to the approved planning. Adjustment difference: not more than 5%.
3. Conditions of water supply and drainage, electricity supply: Area of stable or unstable water supply and electricity supply. Adjustment difference: not more than 5%. Flooding situation when heavy rain. Adjustment difference: not more than 5%.
4. Area, size, shape of the land plot, land lot: Area, shape of the land plot, land lot. In case the property to be valued is many plots of land similar in location and shape, the area of the representative land plot is taken from the average area of the plots of land being the property to be valued. The difference adjustment level: not more than 10%. The frontage, depth of the land plot, land lot (average size in case the property to be valued is many plots of land similar in location and shape). The difference adjustment level: not more than 5%.
5. Estimated cases: Apartment transfer price; High-rise apartment rental price; Commercial service floor rental price, office located in mixed-use building: Conduct survey, collect and evaluate according to apartment area criteria, rental floor area (for assets valued based on average area). Adjustment difference: not more than 10%.
6. Factors related to construction planning: Land use coefficient, construction density. Adjustment level: not more than 5%. Number of floors of the building, basement. Adjustment level: not more than 5%. For hotel business type: The land price determination organization conducts a survey, collects and evaluates additional criteria: Number of rooms, service standards of the hotel (ranked by number of stars). Adjustment level: not more than 5%.
Current environmental and security status: Dust, noise, air and water pollution; near cemetery, waste treatment area. Adjustment difference: not more than 5%. Population density, security status of the area. Adjustment difference: not more than 5%.
7. Land use term: Remaining land use term for the Project. Adjustment difference: not more than 5%. For residential land, apartments for sale (long-term use): No adjustment.
8. Other factors affecting land prices in accordance with actual conditions, cultural traditions, and local customs include: Scenic spots; Temples, pagodas, shrines; Traditional craft villages. Adjustment level: no more than 5%.
9. Factors affecting land prices for agricultural land include: Crop and livestock productivity. Adjustment level: not more than 20%. Location, characteristics of land plots and land areas: nearest distance to production and consumption locations. Adjustment level: not more than 20%. Traffic conditions serving production and consumption of products: width, road grade, road surface structure; terrain conditions. Adjustment level: not more than 20%. Land use term, except for agricultural land allocated by the State to households and individuals according to the agricultural land allocation limit, agricultural land within the transfer right acceptance limit, is not based on the land use term. Adjustment level: not more than 20%.
Other factors affecting land prices in accordance with local reality, cultural traditions, and customs: Based on the actual situation, the consulting organization determines the specific proposed land price in the explanatory report on the development of the land price plan. The adjustment difference: not more than 20%.
This Decision takes effect from September 16, 2024. Previous regulations of the City People's Committee on determining specific land prices cease to be effective from the effective date of this Decision.
Source: https://kinhtedothi.vn/ha-noi-quy-dinh-9-yeu-to-xac-dinh-gia-dat.html
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