<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The study aims to determine the influencing factors and their impact levels on residential land prices. The research investigated 241 officials, real estate investors, appraisers, and real estate brokers on factors affecting residential land prices. Research results have shown 13 groups with 45 factors affecting the price of residential land. The impact rates of the factor groups range from 1.43% to 23.65%. The COVID-19 pandemic factor group has the strongest impact on land prices, followed by other factor groups, including upgrading administrative units; formulation and implementation of the planning; the real estate market; financial – economics; credit; real estate brokerage; infrastructure; location of the land parcel; particular factors; juridical factors; environment and social security. To harmonize the interests of the State, investors, and land users when valuing land, it is necessary to pay attention to the factors that strongly impact land prices first, and then the smaller ones.</p>
</abstract>

The study aims to determine the influencing factors and their impact levels on residential land prices. The research investigated 241 officials, real estate investors, appraisers, and real estate brokers on factors affecting residential land prices. Research results have shown 13 groups with 45 factors affecting the price of residential land. The impact rates of the factor groups range from 1.43% to 23.65%. The COVID-19 pandemic factor group has the strongest impact on land prices, followed by other factor groups, including upgrading administrative units; formulation and implementation of the planning; the real estate market; financial – economics; credit; real estate brokerage; infrastructure; location of the land parcel; particular factors; juridical factors; environment and social security. To harmonize the interests of the State, investors, and land users when valuing land, it is necessary to pay attention to the factors that strongly impact land prices first, and then the smaller ones.

The Impact of Factors on Residential Land Prices: A Case Study in Tu Son City, Vietnam

Vietnam National University of Agriculture (VNUA)

Hanoi University of Natural Resources and Environment (HUNRE)

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution 4.0 International License.

The study aims to determine the influencing factors and their impact levels on residential land prices. The research investigated 241 officials, real estate...

The Impact of Factors on Residential Land Prices: A Case Study in Tu Son City, Vietnam

Published Online: Jun 09, 2023

Page range: 66 - 81

Received: Oct 05, 2022

Accepted: Dec 14, 2022

DOI: https://doi.org/10.2478/remav-2023-0014

Keywords
affecting factors, residential land prices, Tu Son city, Vietnam

© 2023 Pham Phuong Nam et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The Impact of Factors on Residential Land Prices: A Case Study in Tu Son City, Vietnam

Published Online: Jun 09, 2023

Page range: 66 - 81

Received: Oct 05, 2022

Accepted: Dec 14, 2022

DOI: https://doi.org/10.2478/remav-2023-0014

Keywordsaffecting factors, residential land prices, Tu Son city, Vietnam

© 2023 Pham Phuong Nam et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
affecting factors, residential land prices, Tu Son city, Vietnam