THE INFLUENTIAL FACTORS ON LAND VALUATION: A STUDY COUNTRIES IN THE WORLD AND LESSONS FOR VIETNAM

Abstract

Through research, it has been shown that within each group of directly or indirectly impacting factors, there are always factors with varying degrees of influence. Regarding natural factors, the location of the land parcel has the most significant impact on land prices, followed by factors such as shape, area, and soil fertility. However, assessing the extent of influence of these factors on land prices is relative, and the degree of impact depends on the specific context of the land parcel and its users. Each land user has different needs. Studying these influencing factors serves as initial theoretical groundwork for determining appropriate and accurate land pricing policies.