Compared with last year, the coefficient of land price adjustment to prepare compensation plans for people who are acquired in HCMC has increased. In the city center, there are places where the price of land can be negotiated up to 810 million VND/m2.

The People's Committee of Ho Chi Minh City has just issued a decision on the land price adjustment coefficient (K coefficient) to prepare compensation, support and resettlement plans when collecting opinions from people whose land has been acquired in the city. year 2023.

This K-coefficient is for making plans for compensation, support and resettlement when consulting (negotiating) with people whose land is acquired, not the K-coefficient built from specific land prices for calculation. compensation for each type of land at the time of land acquisition.

For residential land, depending on the district, the coefficient K is 3-25 times higher than the price of State land. The area with the highest K-coefficient bracket is Thu Duc city (6-25) and Hoc Mon district (10-25), the highest level increases 10 times compared to 2022.

Areas with a maximum K coefficient of more than 20 times include Binh Chanh district (6 - 22) and Nha Be district (10 - 21). The remaining districts - districts have a maximum K coefficient of 20 times or less. As follows:

With the K coefficient as mentioned above, residential land located in front of Kha Van Can street, Thu Duc city (the section from the intersection of Thu Duc market to Cau Ngang), in the land price list 2020 - 2024 is priced at 17 million VND/m2, When making compensation plans to collect people's opinions, the maximum price is 425 million VND/m2.

Or residential land located in front of Nguyen Anh Thu street, Hoc Mon district (section from Trung Chanh intersection to To Ky), the price of State land is 6,260,000 VND/m2, when building the compensation plan, the maximum price is 156.5 million VND/m2.

Front land of Nguyen Hue and Le Loi streets, District 1, State land price is currently 162 million VND/m2. When recovering land, the land price for negotiating compensation on these two roads is up to 810 million VND/m2.