The Folks’s Committee of Bac Giang province has simply issued a choice regulating the land value checklist for the interval 2022 – 2024. This resolution is efficient from December 10, 2024 to December 31, 2025.
Within the new Land Value Checklist, agricultural land for annual crops, relying on the locality, ranges in value from 60,000 – 70,000 VND/m2.
Moreover, in accordance with every locality, land for perennial crops ranges from 55,000 – 65,000 VND/m2; Aquaculture land ranges from 48,000 – 60,000 VND/m2 and manufacturing forest land ranges from 12,000 – 20,000 VND/m2.
Bac Giang has a brand new land value checklist, with residential land as much as 120 million VND/m2. Picture: CTV
Within the new Land Value Checklist, non-agricultural land group is split into 2 classes together with: Value checklist for residential land, industrial and repair land, land for non-agricultural manufacturing institutions in city areas, site visitors roads and residential land value checklist. , industrial and repair land, land for non-agricultural manufacturing institutions in rural areas.
Land costs in densely populated areas and close to roads are excessive.
Particularly, the very best value of residential land in city areas and alongside site visitors roads is 120 million VND/m2, the bottom is 500,000 VND/m2, a median improve in comparison with the Value Checklist for the interval 2022 – 2024 from 1.7 – 3.34 occasions (relying on area).
For instance, Hoang Van Thu avenue prices from 28 – 120 million VND/m2 (relying on location). The place there are lots of state businesses, squares, and outlets. In comparison with the outdated value checklist in December 2021, Hoang Van Thu avenue fluctuates between 35 – 50 million VND/m2.
Or at Quang Trung avenue 95 million VND/m2. Nguyen Thi Luu Avenue from 32 – 90 million VND/m2. Nguyen Van Cu Avenue from 50 – 100 million VND/m2…
In city areas and alongside site visitors routes, the brand new land value is 1.7 – 3.34 occasions the outdated value checklist and in rural areas, the worth is 1.1 – 4.9 occasions the outdated value checklist.
As for land costs in rural areas, the very best is 14 million VND/m2, the bottom is 400,000 VND/m2, a median improve in comparison with the present value checklist in some locations at the least about 1.1 occasions, the very best place is within the space. Metropolis countryside. Bac Giang is almost 4.9 occasions.
Based on the evaluation of specialised businesses, the brand new land value checklist simply issued by the province is principally near the market value.
The brand new value checklist additionally stipulates the appliance of the land value checklist when merging or dividing administrative boundaries. For districts, cities, communes, wards and cities after separation or merger of administrative boundaries, the land value specified on this resolution shall apply. Place names are taken in accordance with new administrative items after division or merger.
On September 28, 2024, the Nationwide Meeting Standing Committee issued Decision No. 1191/NQ-UBTVQH15 on the association of district and commune-level items in Bac Giang province for the interval 2023-2025.
Particularly, Bac Giang province merged Yen Dung district into town. Bac Giang and adjusted the executive boundaries of Luc Ngan district and Son Dong district, establishing Chu city.
The province additionally merged 34/209 commune-level items to type 17 new commune-level items, and established 16 wards and a couple of cities on the premise of 18 present commune-level items.
After the association, Bac Giang province didn’t change the variety of district-level items however lowered the variety of commune-level items by 17.
