Highest urban land price to be 22.7 million VND/m2 from 2015
Published: December 14, 2014
A scale of prices for residential land in Da Nang has been adopted at the recent 11th session of the municipal People's Council in its 8th tenure for the 2011 - 2016 term. The new prices will apply for the next 5 years, with effect from 1 January 2015.
For residential land in urban areas, the highest price of 22.7 million VND/m2 will be set for land lots with facades onto main streets, whilst the lowest price of 400,000 VND/m2 will be applied for land lots in local alleys.
The highest and lowest rural residential land prices in delta areas with concrete roads will be 1.5 million VND/m2 and 130,000 VND/m2 respectively, and in mountainous areas the range will be from 500,000 VND/m2 down to 42,000 VND/m2.
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