Research data from the Vietnam Association of Realtors (VARS – under the Vietnam Real Estate Association) indicates that by the end of 2023 and early 2024, real estate prices are expected to rise in markets facing limited supply — particularly in segments with high demand — although the pace of price increases may be slower compared to previous periods.
The most commonly used real estate valuation methods in Vietnam — and globally — include the Sales Comparison Approach, Income Approach, and Cost Approach. In addition, depending on the unique characteristics of each property, the Residual Method and Depreciated Replacement Cost Method are also considered and applied to ensure the most accurate valuation results.
In practice, selecting the appropriate valuation method for each property plays a vital role in determining the accuracy of the final valuation. Particularly in Vietnam, real estate valuation is significantly more complex than in many other countries due to the legal framework governing land use. For example, various land classifications, state-leased land, and different payment structures all impact the valuation process and outcome.
Therefore, for professional valuers, mastering and properly applying the appropriate valuation method is essential. Just as importantly, they must also possess deep knowledge of the real estate market, land laws, and related influencing factors to ensure accurate and reliable assessments.
BTCVALUE has many years of nationwide experience in providing real estate valuation services, across all asset types and scales. We offer appraisal services for residential properties, land, development projects, industrial zones, farms, office buildings, hotels, tourism and service facilities, and civil infrastructure.
Some of our major real estate valuation projects include:
Daewoo Hotel
Union Square Building
Sherwood Building
Mekong Villas Golf Resort Project (valued at over VND 2,000 billion)
Blooming Tower Complex in Da Nang
Real estate valuation is a core service at BTCVALUE. We have established a dedicated division of real estate valuation professionals with over 10 years of market experience. This team includes both senior valuation experts specializing in complex property projects and a nationwide network of appraisers covering every region from Cao Bằng to Cape Cà Mau.
Their extensive expertise ensures that BTCVALUE consistently delivers the most accurate and reliable valuations, thanks to our in-depth understanding of the unique dynamics of Vietnam’s real estate market.
With over 6,000 real estate valuation cases handled annually, we have built a database of more than 108,000 real estate valuation records and millions of land price data points. This powerful data infrastructure enables us to deliver fast, precise, and data-driven valuation results that meet our clients' diverse needs.
Before signing, you should thoroughly read and understand all the terms and conditions in the loan agreement. Pay special attention to key provisions such as:
Interest rates (fixed or variable, and how they are calculated)
Late payment penalties
Early repayment fees
Other hidden charges or service fees
Under current regulations, parties entering into a property or building purchase agreement have rights and obligations as agreed upon in the contract, provided such terms are not contrary to the law. Additionally, the rights and obligations of the parties are specified in:
Articles 21 and 22 (for the seller), and
Articles 23 and 24 (for the buyer)
of the applicable legal framework on property transactions.
Paying a deposit to reserve the property ...
Documents the seller must prepare ...
Documents the buyer must prepare ...
Notarizing the sale and purchase agreement...
Submitting transfer documents to the local land administration office ...
Paying fees and taxes ...
Appraisal and issuance of the new Land Use Rights Certificate
When carrying out a land use right transfer transaction, both the buyer and the seller are subject to a total of five types of fees and taxes, including: Registration fee, Personal income tax, Document appraisal fee, Notarization fee, Land use right certificate issuance fee
.
Don't rush to price your home without first gathering complete and accurate information about the property you own. This is also the ideal time to research current trends in the real estate market, especially if you're preparing to list your home for sale.