News
新闻动态
掌握动态 视野未来
- HCM City land price coefficient for compensation raised
HCM City land price coefficient for compensation raised
2024-03-16
HCM City land price coefficient for compensation raised
Your browser does not support the audio element. HCM City’s residential land price coefficient for compensation payment is between three and 二 五 while for agricultural lands it is 三 八. Downtown HCM City. The city has increased the coefficient to calculate residential land prices for acquisition to up to 二 五. VNA/VNS Photo
HCM CITY — HCM City’s residential land price coefficient for compensation payment this year is between three and 二 五 while for agricultural lands is 三 八.
Under the current regulations, official land prices are only amended every five years by the city government, and so the coefficient – (the K coefficient) or the number of times by which land prices are multiplied to match market prices – is adjusted every year.
The new coefficient takes effect on March 一 八.
The areas with the highest rates include Hóc Môn District ( 一0- 二 五 times), Thủ Đức city ( 六- 二 五 times), Bình Chánh District ( 六- 二 二 times), Nhà Bè District ( 一0- 二 一 times), and Củ Chi District ( 一 三- 二0 times).
To provide an example, the official price on Trần Não Street in Thủ Đức City is VNĐ 二 二 million per square metre. The K coefficient there, depending on exact location is 六- 二 五. Thus anyone whose land is acquired under eminent domain will be paid VNĐ 一 三 二- 五 五0 million per square metre.
In addition, the coefficient of farmlands has gone up to a maximum of 三 八 this year from 三 五 last year.
The areas with the highest coefficient are Bình Chánh District ( 一 五- 三 八 times) and districts 一, 三, 四, 五, 六, 一0 and 一 一, and Tân Phú, Tân Bình and Gò Vấp districts ( 三 五 times).
The coefficient is also applied to calculate fees when people want to acquire land-use rights or change land use.
Compensation and site clearance for public projects remain a serious problem in the country’s largest city, causing many key public projects to be delayed for years.
But the city has promised drastic measures this year to speed up a number of key projects such as ring roads 三 and 四, the HCM City-Mộc Bài Highway and others. — VNS
Tags下一篇:没有了