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THE GOVERNMENT
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SOCIALIST REPUBLIC OF
VIET NAM
Independence - Freedom – Happiness
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No: 25/1999/ND-CP
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Hanoi, April 19, 1999
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DECREE
ON MODE OF RETURNING RESIDENTIAL HOUSES, THE PRE-RETURN
RESIDENTIAL HOUSE-LEASING PRICES AND PROCEDURES FOR ESTABLISHMENT OF THE
OWNERSHIP OVER RESIDENTIAL HOUSES PRESCRIBED IN RESOLUTION
No.58/1998/NQ-UBTVQH10 OF AUGUST 20, 1998 OF THE NATIONAL ASSEMBLY STANDING
COMMITTEE ON RESIDENTIAL HOUSE CIVIL TRANSACTIONS ESTABLISHED BEFORE JULY 1,
1991
THE GOVERNMENT
Pursuant to the Law on Organization of the
Government of September 30, 1992;
Pursuant to Resolution No.58/1998/NQ-UBTVQH10 of August 20, 1998 of the
National Assembly Standing Committee on residential house civil transactions
established before July 1, 1991;
At the proposal of the Minister of Construction and the Minister of Finance,
DECREES:
Chapter I
GENERAL PROVISIONS
Article 1.- The scope of
application
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2. Residential houses subject to Resolution
58/1998 and this Decree are privately-owned houses which have been leased,
lent, borrowed, traded, exchanged, donated, inherited or managed by others
under authorization due to the absence of their owners before July 1, 1991.
The following types of houses are also subject
to Resolution No.58/1998 and this Decree: houses being currently used not for
residential purpose but having been the residential houses at the time the
civil transactions had been established before July 1, 1991; and houses being
currently used for residential purpose but their use purposes cannot be
identified by the time of establishing the civil transactions before July 1,
1991.
Article 2.- Residential
houses of the following types are not subject to Resolution No.58/1998 and this
Decree:
1. Houses whose civil transaction participants
are overseas Vietnamese; or foreign individuals or organizations.
2. Houses placed under the State’s management by
its decision or put to use in the process of implementation of the policy on
socialist transformation regarding houses and land, the policy on
transformation of private capitalist industry and commerce and the policy on
management of houses whose owners have been absent, including:
a) Leased houses;
b) Lent or borrowed houses before or during the
period of transformation, which have been leased by the owners who were subject
to the transformation;
c) Houses of organizations or individuals in the
ruling apparatus of the former army and administration as well as reactionary
political parties;
d) Houses donated or assigned to the State for
management in any form;
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f) Houses of migrants to South Vietnam or
persons having resided in other localities during the war time, which have been
managed or assigned to users by the State as houses with absentee owners.
3. Requisitioned houses.
4. Houses being currently used for residence,
which were, however, not residential houses at the time the civil transactions
had been established before July 1, 1991.
Chapter II
MODE OF HOUSE RETURNING
BETWEEN AGENCIES AS WELL AS ORGANIZATIONS AND INDIVIDUALS
Article 3.- Modes of
returning residential houses
1. In cases where agencies or organizations have
to return residential houses to the lessors or the lenders, the involved
parties may, on the case by case basis, agree on the house return according to
the following modes:
a) Returning the houses which are being managed
or used by agencies or organizations;
b) Returning the houses by other houses
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d) The State assigns residential land without
collecting the land use levy.
2. In cases where the leased or borrowed houses
are being used as personal residence or as working offices, production and/or
business establishments or public facilities but do not fall within cases
prescribed in Clause 3, this Article, the agencies and/or organizations shall
have to return such houses to the lessors and/or the lenders according to the
provisions of Resolution No.58/1998.
3. In cases where the leased or borrowed houses
are being used for defense and security purposes, in service of national
interests and /or public interests or the leased or borrowed houses are
situated in areas not designed for residential houses, the house return shall
comply with modes defined in Points b, c and d, Clause 1, this Article.
Depending on each specific case and practical
conditions of localities, the return of houses may be effected through one of
the three modes defined in Points b, c and d, Clause 1, this Article or the
combination of all three modes, but the total value (in money) of the land and
houses returned to the lessors and/or the lenders shall not be higher than the
value (in money) of the leased and/or lent land and houses.
Article 4.- Agencies and
organizations return rented and/or borrowed houses to the lessors and/or
lenders
Where agencies and organizations return to the
lessors and/or lenders the rented and/or borrowed houses which have been
invested in, repaired, renovated, upgraded, expanded or replaced with new
houses, it shall be settled as follows:
1. When taking back the houses, if the lessors
and/or lenders have to pay for the investment, repair, renovation, upgrading,
expansion, newly constructed houses, they shall have to:
a) Pay to individuals if the funding came from
such individuals;
b) Pay to agencies and/or organizations if the
funding came from such agencies and/or organizations.
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Article 5.- Agencies and
organizations return other houses to the lessors and/or the lenders.
1. Where the agencies and/or organizations
return other houses to the lessors and/or lenders, the value of the returned
residential houses and land must not exceed the value of the currently rented
or borrowed houses and land.
In case of any difference in value between the
rented or borrowed houses and land and the returned houses and land, the
parties shall have to pay each other such difference in money.
2. The house and land value shall be determined
by the Pricing Council of the People’s Committee of the province or
centrally-run city (hereafter referred collectively to as the provincial-level
People’s Committee), based on the remaining value of the residential houses and
the land use right value.
a) The remaining house value shall be determined
as follows:
- Where the rented or borrowed houses still
exist, their remaining value is determined with the percentage (%) of their
remaining quality multiplying (X) the house area (m2) and multiplying (X) the
cost of the newly built residential house (VNdong/m2), corresponding to the
grade and class of the leased or borrowed houses.
The percentage (%) of the remaining quality of
the house is determined according to the provisions of law.
The costs of newly built houses shall be
determined according to the price index issued by the provincial-level People’s
Committee in accordance with the Government’s price bracket.
- Where the rented or borrowed houses are
dismantled for the construction of new houses for replacement, the remaining
house value is equal to the costs of the newly built houses corresponding to
the grade and class of the leased or borrowed houses.
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Article 6.- Agencies and
organizations return houses in money to the lessors and the lenders
Where the agencies and organizations return
houses in money to the lessors and the lenders, the amounts of money to be paid
by such agencies or organizations must not exceed the value of the currently
rented or borrowed houses and land.
The determination of the value of residential
houses and land shall comply with Clause 2, Article 5 of this Decree.
Article 7.- Agencies and
organizations return houses in form of assigning residential land without
collection of land use levy to the lessors and the lenders
1. Where the State assigns land to the lessors
and/or lenders for the construction of new residential houses, all payments for
the receipt of such land under the current State regulations shall be paid by
such agencies and organizations directly to the competent State bodies.
2. Where the land assignment by the State results
in the value difference between the leased or borrowed residential houses and
land and the returned land, the parties shall have to pay each other such
difference in money.
Article 8.- Sources of
fund for the implementation of residential house return
1. The sources of fund for the implementation of
residential house return under the provisions of Articles 5,6 and 7 of this
Decree shall be taken from the annual State budget estimate with the
ratification by the competent level and through the source of capital of State
enterprises in strict accordance with the current principles on division of
responsibility for the management of the State budget:
a) For agencies and organizations under the Central
Government, the payment shall be made from the central budget;
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c) For State enterprises as well as agencies and
organizations, which are not entitled to enjoy the State budget, the payment
shall be made from the capital sources of such enterprises, agencies and
organizations.
2. The State shall reserve a part of fund to
support the investment in infrastructure construction in population areas and
the creation of housing fund for sale or lease to those subject to house return
as prescribed in Resolution No.58/1998 and having no other place of residence
or no conditions to build new place of residence.
Article 9.- The
evaluation council
1. The residential house and land evaluation
council is set up by decision of the provincial-level People’s Committee. It
has the responsibility to determine the house and land value to be used as
basis for payment.
2. The council is composed of:
- A representative of the provincial/municipal
Finance-Pricing Service as its chairman;
- A representative of the provincial/municipal
Construction Service as its member;
- A representative of the provincial/municipal
Land-House Administration Service as its member;
- A representative of the provincial/municipal
Justice Service as its member;
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The council shall invite the house lessor and/or
lender as well as experts of concerned branches to attend its meetings and make
comments before the council decides on the house and/or land value.
Chapter III
PRE-RETURN LEASING PRICE
Article 10.- House
leasing price before the return thereof
1. For civil transactions regarding house
leasing among individuals and between individuals and agencies as well as
organizations which are not entitled to the State budget, the residential house
leasing price shall be agreed upon by the parties; if no agreement can be
reached, the price index issued together with this Decree (Annex 1) shall
apply.
2. For civil transactions regarding house
leasing between individuals and agencies as well as organizations, which are
entitled to enjoy the State budget, the residential house leasing price shall
be agreed upon by the parties but must not exceed the price level of the price
index issued together with this Decree (Annex 2).
Article 11.- Sources of
funding for the implementation of house renting
1. Where the rented houses are used for
residence, the rental shall be paid by the individual tenants themselves.
2. Where the rented houses are used as working
offices, production and/or business establishments or public facilities, the
source of funding for house renting shall comply with the provisions of Clause
1, Article 8 of this Decree.
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PROCEDURES FOR TRANSFER
OF OWNERSHIP OVER TRADED, DONATED AND EXCHANGED RESIDENTIAL HOUSES
Article 12.- The
procedures for transfer of ownership according to residential house
sale/purchase contracts
1. Where there is no dispute over the
residential house sale/purchase contract and the procedures for transfer of
ownership is not completed according to the provisions of Clause 1, Article 5
of Resolution No.58/1998, the purchasing party may proceed with the procedures
for the transfer of ownership over the residential house even without the
presence of the selling party.
The dossiers on the house ownership transfer
shall include :
a) The application for the transfer of residential
house ownership, with certification by the People�s
Committee of the commune, ward or district town, where the house is located
(hereafter referred collectively to as the commune-level People’s Committee),
that there is no dispute over the residential house sale/purchase contract
after it has been posted up for 07 days at the office of the commune-level
People’s Committee and at such house;
b) The house sale/purchase contract (the
original). Where there is no written contract, the purchasing party shall have
to prove that the residential house trading has been effected between the two
parties;
c) The extract of the map of the land lot where
the house is situated and the house plan certified by bodies with legal person
status;
d) The certification of the purchasing party’s
permanent residence registration by the commune-level People’s Committee.
2. Where there is dispute over the residential
house sale/purchase contract and the procedures for the ownership transfer is
not completed yet while the contract is neither cancelled nor declared null and
void by the court under the provisions of Clauses 2 and 5 of Article 5 of
Resolution No.58/1998, the purchasing and selling parties shall have to fulfill
all contractual obligations and fill procedures for the transfer of ownership
over the residential house.
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a) The residential house sale/purchase contract
(the original). Where there is no written contract, the purchasing and selling
parties shall have to prove that the residential house trading has been
effected between them;
b) The extract of the court’s judgement or
ruling which has already taken legal effect;
c) The certification by the civil judgement
enforcement body of the purchasing party’s fulfillment of its obligations
according to the court’s judgement or decision;
d) The extract of the map of the land plot where
the residential house is situated and the house plan, certified by bodies with
legal person status;
e) The certification by the commune-level
People’s Committee of the purchasing and selling parties’ permanent residence
registration.
Article 13.- The
procedures for ownership transfer under the residential house- donating or
offering contract
Where there is no dispute over the residential
house-donating or offering contract and the procedures for the ownership
transfer is not completed yet according to the provisions of clause 1, Article
7 of Resolution No.58/1998, or there is dispute over the residential house
donating or offering contract and the procedure for the ownership transfer is
not completed yet while the donatory has received the residential house as
prescribed in Point a, Clause 2, Article 7 of Resolution No. 58/1998, the donatory
may proceed with the procedures for the transfer of ownership over the
residential house even without the presence of the donor.
The dossiers of application for residential
house ownership transfer shall include:
1. The application for the residential house
ownership transfer. For cases defined in Clause 1, Article 7 of Resolution
No.58/1998, the application must be certified by the commune-level People’s
Committee that there is no dispute over the residential house-donating or
offering contract after it is posted up for 07 days at the office of the
commune-level People’s Committee and at such residential house.
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2. The residential house-donating or offering
contract (the original). Where there is no written contract, the donatory shall
have to prove that the residential house donation or offering has been effected
between the two parties;
3. The extract of the map of the land plot where
the residential house is situated and the house plan, certified by the body
with legal person status;
4. The certification by the commune-level
People’s Committee of the donatory’s permanent resident registration;
5. Where the contract is on the conditional
donation or offering, there must be certification by the parties that such
conditions have happened or been met.
Article 14.- The
procedures for ownership transfer under the residential house exchange contract
1. Where there is no dispute over the house
exchange contract and the procedures for ownership transfer is not yet
completed according to the provisions of Clause 1, Article 6 of Resolution
No.58/1998, the parties involved in the house exchange shall have to carry out
the procedures for the transfer of ownership over the residential house.
The dossiers of application for residential
house ownership transfer shall include:
a) The house exchange contract (the original).
Where there is no written exchange, the involved parties shall have to prove
that the house exchange has been effected between them;
b) The certification by the commune-level
People’s Committee that there is no dispute over the house exchange contract
after it has been posted up for 07 days at the office of the commune-level
People’s Committee and at those two residential houses;
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d) The commune-level People’s Committee’s
certification of the house exchangers’ permanent residence registration.
2. Where there is dispute over the house
exchange contract and the procedures for the ownership transfer is not yet
completed but the contract is neither cancelled nor declared null and void by
the court, the house exchangers shall have to fulfill all contractual
obligations and fill the procedures for the ownership transfer.
The dossiers of application for the transfer of
ownership over the residential houses shall include:
a) The house exchange contract (the original).
Where there is no written exchange, the house exchangers shall have to prove
that the house exchange has been effected between them;
b) The extract of the court’s legally effective
judgement or ruling;
c) The written certification by the civil
judgement execution body that the house exchangers have fulfilled their
obligations under the court’s judgement or ruling;
d) The extracts of the maps of the land plots with
the residential houses thereon and the drawing plans of such houses, certified
by bodies having the legal person status;
e) The commune-level People’s Committee’s
certification of the house exchangers’ permanent residence registration.
Chapter V
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Article 15.- Procedures
for establishing the residential house heirs’ ownership thereover.
Persons recognized as having the right to
inherit the residential house ownership according to the provisions at Article
9 of Resolution No.58/1998 shall have to fill the procedures for the
establishment of their ownership thereover.
The dossiers of application for the
establishment of ownership over the residential house shall include:
1. The application for certificates of the
residential house ownership and of the land use right, with certification by
the commune-level People’s Committee that the applicant is entitled to lawfully
inherit such residential house. If there is any dispute, there must be the
extract of the court’s legally effective judgement or ruling;
2. The extract of the map of the land plot with
the residential house thereon and the house plan, certified by bodies having
the legal person status;
3. The commune-level People’s Committee’s
certification of the heirs’ permanent residence registration.
Article 16.- Procedures
for establishment of the ownership for persons entitled to inherit residential houses
whose owners have been absent.
Persons recognized as having the right to
inherit the ownership over residential houses whose owners have been absent
under the provisions at Point a, Clauses 2 and 4, Article 10 of Resolution
No.58/1998 shall have to fill the procedures for establishment of the ownership
thereover.
The dossiers of application for the
establishment of ownership over the residential house shall include:
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2. The extract of the map of the land plot with
the residential house thereon and the house plan, certified by bodies having
the legal person status;
3. The commune-level People’s Committee’s
certification of the heirs’ permanent residence registration.
For cases defined at Point a, Clause 2, Article
10 of Resolution No.58/1998, the letter of authorization for the management of
the house with absentee owner (the original) is required.
Article 17.- The
procedures for establishment of ownership for the parents, spouses and
offspring of owners of houses with absentee owners.
The parents, spouse and offspring (according to
the Law on Marriage and Family) of owners of houses under the absentee
ownership, who are recognized as having the ownership over such houses
according to the provisions at Point b, Clauses 2 and 3, Article 10 of
Resolution No.58/1998 shall have to fill the procedures for the establishment
of the ownership.
The dossiers of application for the
establishment of ownership over the residential house shall include:
1. The application for the certificates of the
ownership over the residential house and of the land use right;
2. The extract of the map of the land plot with
the residential house thereon and the house plan, certified by bodies having
the legal person status;
3. The commune-level People’s Committee’s
certification of the permanent residence registration of the parents, spouse
and offspring of the owner of such owner-absent residential house.
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Article 18.- The
procedures for establishment of ownership for current managers and users of
houses under absentee ownership.
The current managers and users of houses under
absentee ownership for 30 consecutive years or more shall be recognized as
having the ownership over such houses as provided for at Point c, Clauses 2, 3
and 4 of Resolution No.58/1998 shall have to fill the procedures for the
establishment of ownership over such houses.
The dossiers of application for the establishment
of ownership over the residential house shall include:
1. The application for the certificates of the
house ownership and of the land use right, with the commune-level People’s
Committee’s certification that such persons have managed and used the houses
under absentee ownership for 30 consecutive years of more counting from the
date of commencing such management and use to the effective date of Resolution
No.58/1998 (January 1st, 1999) after the 7- day posting at the office of the
commune-level People’s Commune and at such residential house;
2. The extract of the map of the land plot where
the residential house is situated and the house plan, certified by bodies
having the legal person status.
3. The commune-level People’s Committee’s
certification of the permanent residence registration of the current manager
and user of the house under the absentee ownership.
Article 19.-
Residential houses with absentee owners, that belong to the State
Houses which with absentee owners belong to the
State as provided for at Point c, Clauses 2, 3 and 4 of Article 10 of
Resolution No.58/1998 must be assigned to the local house and land
administration for management. The current managers and users of such houses
shall have to sign house-renting contracts or be given priority in the purchase
of the houses according to the provisions of law.
Chapter VI
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Article 20.- The
procedures for establishment of the ownership over other residential houses
returned to the lessors or the lenders by agencies and/or organizations
Where the agencies and/or organizations return
other houses to the lessors or the lenders as prescribed in Clause 2, Article
14 of Resolution No.58/1998, such houses shall be placed under the ownership of
the lessors and/or lenders. The agencies and organizations shall have to carry
out the procedures for establishment of the lessors’ or lenders’ ownership over
such residential houses.
The dossiers of application for the
establishment of ownership over residential houses shall include:
1. The document on house return made by the
concerned agency or organization, with the signatures of both parties.
2. The extract of the map of the land plot where
the house is situated and the house plan, certified by the bodies having the
legal person status;
3. The commune-level People’s Committee’s
certification of the lessor’s or lender’s permanent residence registration.
Article 21.- The
procedures for establishment of the ownership over houses rented or borrowed by
agencies or organizations from individuals.
Where agencies and/or organizations rent or
borrow houses of individuals but the owners of which have been returned the
houses by other houses, money or land assigned by the State according to the
provisions of Clauses 2, 3 and 4, Article 14 of Resolution No.58/1998, the
establishment of the ownership over the residential houses currently rented or
borrowed by agencies and/or organizations shall be effected as follows:
1. Where the fund for effecting the return of
the residential houses comes from the State budget capital, the houses
currently rented or borrowed from individuals by agencies and/or organizations
shall be placed under the entire- people’s ownership. The agencies and/or
organizations shall be entitled to manage and use such houses according to the
provisions of law;
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The dossiers of application for the
establishment of ownership over the residential houses shall include:
a) The application for the certificates of the
house ownership and of the land use right;
b) The document on house return (the original)
according to the provisions in Clause 1, Article 20 of this Decree;
c) The extract of the map of the land plot where
the house is situated and the house plan, certified by the body having the legal
person status.
Where the rented or borrowed houses have been
dismantled by agencies and/or organizations for the construction of new houses
in replacement, the dossier on technical design of the newly built house is
required.
Chapter VII
PROCEDURES FOR ESTABLISHMENT
OF OWNERSHIP OVER ADDITIONALLY BUILT SECTIONS AND NEWLY CONSTRUCTED HOUSES
Article 22.-
Additionally built sections, newly constructed houses
Additionally built sections and newly
constructed houses are the housing space built in the premises of the rented
and/or borrowed houses by the lessees, the borrowers, the managers or users of
houses under absentee ownership.
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Article 23.- Procedures
for establishment of the ownership over additionally built sections and newly
constructed houses
Persons recognized as having the ownership over the
additionally built housing space and/or newly constructed houses according to
the provisions of Articles 11 and 16 of Resolution No.58/1998 shall have to
fill the procedures for ownership establishment.
The dossiers of application for establishment of
the ownership over residential houses shall include:
1. The application for the certificates of house
ownership and of the residential land use right with certification by the
People’s Committee of the commune where such residential house is situated that
there is no dispute over the additionally built section or newly constructed
house after the 7-day posting at the office of the commune-level People’s
Committee and at such additionally built section or newly constructed house .In
case of a petition, there must be the extract of the court’s legally effective
judgement or ruling on the recognition of the ownership over the additionally
built section or newly constructed house for the lessee, the borrower or the
manager of the house under absentee ownership and the certification by the
civil judgement execution body of the former’s fulfillment of their obligations
under the court’s judgement or ruling;
2. The extract of the map of the land plot where
the additionally built section or the newly constructed house is situated and
the plan thereof, certified by the body having the legal person status;
3. The commune-level People’s Committee’s
certification of the permanent residence registration of the persons recognized
as having the ownership over the additionally built section or newly
constructed house.
Chapter VIII
GRANTING CERTIFICATES OF
OWNERSHIP OVER RESIDENTIAL HOUSES AND OF RESIDENTIAL LAND USE RIGHT
Article 24.- Agencies
competent to grant certificates of ownership over residential houses and of the
residential land use right.
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2. The certificates of ownership over
residential houses and of residential land use right in the countryside shall
be granted by the district-level People’s Committees according forms prescribed
in Decree No.60/CP of July 5,1994 of the Government.
Article 25.- The
time-limit for granting certificates of residential house ownership and of
residential land use right.
Within 30 days from the date the person
recognized as having the ownership over the residential house fully submits the
dossiers and fulfills his/her financial obligations as prescribed in this
Decree, the competent People’s Committees prescribed in Article 24 of this
Decree shall grant the certificates of the residential house ownership and of
the residential land use right to such person. Where such time-limit is
prolonged, the involved person shall be notified in writing the reason therefor
and the prolonged time-limit shall not exceed 30 days.
Article 26.- Financial
obligations
Persons granted the certificates of residential
house ownership and of residential land use right shall have to fulfill their
financial obligations towards the State and concerned parties as prescribed by
law.
Chapter IX
IMPLEMENTATION PROVISIONS
Article 27.- This
Decree takes effect 15 days after its signing. The previous provisions contrary
to this Decree shall all be annulled.
Article 28.- The source
of State budget funding for the implementation of this Decree shall be decided
by the Prime Minister.
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Article 30.- The
ministers, the heads of the ministerial-level agencies, the heads of agencies
attached to the Government and the presidents of the People’s Committees of the
provinces and centrally- run cities shall have to implement this Decree.
THE GOVERNMENT
Phan Van Khai
APPENDIX 1
(NEXT PAGE)
APPENDIX 1
HOUSE LEASING PRICES APPLICABLE BETWEEN INDIVIDUALS
AND INDIVIDUALS AS WELL AS BETWEEN INDIVIDUALS AND AGENCIES AND ORGANIZATIONS
BEING NON-BENEFICIARIES OF THE STATE BUDGET
(Issued together with Decree No. 25/1999/ND-CP of April 19, 1999 of the
Government)
1. Standard prices:
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Villa (grade)
Residential house
(grade)
I
II
III
IV
I
II
III
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4,900
5,500
6,800
7,800
3,600
3,300
2,800
2,100
4
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i=1
a) Urban-grade coefficient (K1):
Urban grade
Coefficient
I
II
III
IV
V
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+ 0.20
+ 0.10
0.00
- 0.10
- 0.15
b) Location coeficient considered according to
regions (K2):
Region
Coefficient
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Center vicinity
Outskirts
Value K2
0.00
- 0.10
- 0.20
c) Storey-high coefficient (K3):
Storeys
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Coefficient
I
II
III
IV
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...
...
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V
VI
Value K3
+ 0.25
+ 0.05
0.00
- 0.10
- 0.20
...
...
...
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d) Traffic condition coefficient (K4):
Traffic conditions
Coefficient
With roads for rudimentary
means of transport to every house
With motor roads
accessible to every house
Value K4
...
...
...
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+ 0.20
APPENDIX 2
HOUSE LEASING PRICES APPLICABLE BETWEEN INDIVIDUALS
AND AGENCIES AS WELL AS ORGANIZATIONS BEING STATE-BUDGET BENEFICIARIES
(Issued together with Decree No. 25/1999/ND-CP of April 19, 1999 of the
Government)
1. Standard prices:
Unit: VN dong/m2 in use/month
Villa (grade)
Residential
house (grade)
I
...
...
...
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III
IV
I
II
III
IV
2,500
3,000
3,500
...
...
...
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1,500
1,400
1,350
900
4
2. Standard price readjustment coefficient: (1
??? Ki)
i=1
a/ Urban-grade coefficient (K1):
Urban-grade
...
...
...
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I
II
III
IV
V
Value K1
0.00
- 0.05
- 0.10
...
...
...
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- 0.20
b) Location coefficient considered according to
regions (K2):
Regions
Coefficient
Center
Center vicinity
Outskirts
...
...
...
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0.00
- 0.10
- 0.20
c) Storey-high coefficient (K3):
House storeys
Coefficient
I
II
...
...
...
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IV
V
VI
Value K3
+ 0.15
+ 0.05
0.00
- 0.10
- 0.20
...
...
...
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d) Traffic conditions coefficient (K4):
Coefficient
Coefficient
With roads for
rudimentary means of transport to every house
With motor
roads accessible to every house
Value K4
0.00
+ 0.10
...
...
...
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THE GOVERNMENT
Phan Van Khai