Summary Decision No. 46/2016/QĐ-UBND dated December 20th 2016 on new land price taking effective from the date of January 1st 2017
Document No. 46/2016/QĐ-UBND
Field Enterprise - Investment
Document Type
Date of issuance 20/12/2016
File Attachment
The Danang People’s Committee has issued a decision stipulated price of land in the city area, taking effective from the date of 01.01.2017. Compared to the old price, the land price rose sharply in 2017, especially in the Son Tra, Ngu Hanh Son. The coastal land area increases by up to 5 times, the highest city price is VND 96 million/m2. According to Danang People’s Committee, adjustment to land prices is to match the current real estate situation, at the same time to avoid the loss of tax revenue, cost of real estate transactions.

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