LAND PRICE REGRESSION MODEL AND LAND
VALUE REGION MAP TO SUPPORT RESIDENTIAL
LAND PRICE MANAGEMENT: A STUDY IN NGHE
AN PROVINCE, VIETNAM
Authors: Pham Thi Ha, Nguyen Tran Tuan, Nguyen Van Quan, Nguyen Van Trung
Real Estate Management and Valuation
: Tập 30 (2022) - Số 1 (Tháng 3 năm 2022) : 71 - 83
Publishing year: 3/2022
The real estate market in areas with many socio-economic activities needs to be strictly managed due
to the difference between the market price of urban land and the price of land set by the state. This
study identifies and analyzes the influence of some factors on land prices in peri-urban areas to
develop land pricing standards consistent with the price level in Nghe An province. The study
surveyed 362 land users and 200 samples of successfully transferred properties in the study area.
Based on the multivariate regression method, the study builds a residential land price model and
calculates the market price of residential land. The authors also established a map of land value areas
to help State agencies manage land prices effectively. The research serves as a basis for State agencies
to study the formation and development of the real estate market to develop appropriate land price
management measures.
land price regression model,market price,map of the value of residential land, Vietnam.