A property valuation firm in Ho Chi Minh City, Vietnam, is one with a clear licence to operate, certified valuers who sign the reports, transparent methods and fees, and reports that can be used for bank lending, disputes, tax or transactions. This guide explains how to check those points before you sign, and what to prepare when working with a valuation firm in Ho Chi Minh City. It is written for Australian, New Zealand and Singapore investors, lenders and advisers dealing with Vietnamese property.
Choosing a Property Valuation Firm in Ho Chi Minh City: What to Check
A property valuation is an opinion of value at a specific date, for a specific purpose, based on stated methods and evidence. A valuation report carries the signature of a valuer and is what banks, courts and tax or government bodies rely on. A valuer's estimate given by phone or email is not the same thing, and should not be used in a loan or legal file.
Real estate agents often give an indicative price to help with a sale or lease. That figure is not a valuation report and normally has no valuer's signature. If you need a figure for a legal or lending purpose, ask for a formal valuation report rather than a price guide.
Checklist for Choosing a Valuation Firm
- Licence to operate: the firm should hold the licence required for valuation activity and be able to show it on request.
- Certified valuers: the person who signs must hold a valid valuer's certificate. Ask who will sign and who will inspect the property.
- Scope and asset type: look for experience with your type of asset, such as residential property, apartments, land use rights, machinery or businesses.
- Sample report: ask for a redacted sample to check structure, detail and how methods are explained.
- Transparent fees: the quote should state the scope, any extra charges and payment terms.
- On-site inspection: for a specific property, seeing it in person is an essential step.
- Clear contact and timing: one named contact person and regular progress updates.
Checking Credentials Before You Sign
- Request copies of the firm's operating licence and the valuer's certificate.
- Verify the details against the relevant authority. Under current rules, the Ministry of Finance is the licensing body for valuation activity.
- Ask how many reports of a similar type the firm has issued, without asking for client names.
- Confirm in writing that a certified valuer will sign and take responsibility for the final report.
- Read the clause on purpose of use. A report is normally valid only for the purpose agreed.
How DAVA Works Through a Valuation
- Intake: confirm the asset type, location, purpose of the report and the date needed.
- Documents: collect title documents, plans, relevant contracts and other information needed for the valuation.
- Site inspection: the valuer inspects the property, records its condition, and notes utilities and surrounding infrastructure.
- Analysis and method: comparable transactions are analysed, and where appropriate the cost or income approach is applied.
- Internal review: the figures, evidence and reasoning are reviewed before signing.
- Delivery: the valuer signs and delivers the report with guidance on how it should be used.
DAVA has offices in Ho Chi Minh City, Hanoi and Da Nang. For property in Ho Chi Minh City and nearby areas, site inspections can be scheduled to suit your timetable.
Timing and Documents
Timing depends on the asset, the complexity of the legal position and how quickly documents are provided. Assets with complete papers, easy access and a simple purpose are usually quicker. Multiple title documents or disputes take longer. Start with complete papers to avoid delays.
Typical documents include title documents (sổ hồng or sổ đỏ, the land use right certificate, sometimes called the pink book), owner's identity documents and any authority to act, plans and as-built drawings, relevant leases or contracts, and details of the purpose and the party that will receive the report. For a business valuation, the latest financial statements and asset list are needed too.
Indicative Fees for Property Valuation in Vietnam
The table below applies to property valuation, grouped by asset value and purpose. Amounts are in millions of Vietnamese dong (VND million).
Biểu phí chỉ mang tính tham khảo, tượng trưng. Phí thực tế tùy hồ sơ, vị trí và số lượng tài sản. Vui lòng liên hệ để được báo phí tốt nhất. (Indicative only. Actual fees depend on the file, location and number of assets. Please contact us for the best quote.)
| Asset value | Bank lending | Preliminary quotation | Court or dispute | Criminal or special |
|---|---|---|---|---|
| 500 million | 3.0 | 2.1 | 10.4 | 20.0 |
| 1 billion | 4.0 | 2.8 | 10.4 | 25.0 |
| 2 billion | 5.0 | 3.5 | 13.0 | 30.0 |
| 3 billion | 5.9 | 4.1 | 19.5 | 35.0 |
| 5 billion | 7.6 | 5.3 | 19.5 | 42.0 |
| 10 billion | 12.4 | 8.7 | 26.0 | 50.0 |
| 20 billion | 22.9 | 16.0 | 39.0 | 89.0 |
| 50 billion | 44.7 | 31.3 | 63.7 | 190.0 |
| 100 billion | 59.5 | 41.7 | 115.7 | 310.0 |
| Over 100 billion: by negotiation | ||||
Approximate Australian, New Zealand and Singapore dollar equivalents for the bank lending column are below. They are approximate, based on rates reported between late July and early August 2026 (roughly 18,400 VND per AUD, 15,400 VND per NZD and 20,400 VND per SGD). Rates move daily, so check a live source before budgeting.
| Asset value | Bank lending fee (VND million) | ≈ AUD | ≈ NZD | ≈ SGD |
|---|---|---|---|---|
| 500 million | 3.0 | 165 | 195 | 145 |
| 1 billion | 4.0 | 215 | 260 | 195 |
| 5 billion | 7.6 | 415 | 495 | 375 |
| 10 billion | 12.4 | 675 | 805 | 610 |
| 100 billion | 59.5 | 3,235 | 3,865 | 2,915 |
Want a quote for your property? Send us the asset details, location and purpose, and DAVA will provide an accurate quote. The initial consultation is free.
- Hotline/Zalo: 0945 009 002
- Hotline/Zalo: 0906 915 002
- Phone: 028 6674 3333
- Email: voan.sgg@gmail.com
- WhatsApp +61 451 710 342 (Qualified AU Pty Ltd, for Australian clients)
- Zalo OA: https://zalo.me/4259407728989141071
Common Situations in Ho Chi Minh City
Bank lending
Banks usually require a valuation report to set the value of collateral. The report must match the lending purpose and name the correct recipient. Before submitting, ask the bank whether it accepts reports from particular firms.
Disputes, enforcement or court matters
Reports in these matters are often prepared at the request of the authority handling the case or the parties involved. The valuer should explain the basis and limits of the report if asked to give evidence.
Divorce or inheritance
Value is the basis for dividing shared property. Parties should agree on the valuation firm and the scope of inspection at the start to avoid later disputes over figures.
Property contributed as capital
A business may need a valuation to record the value of property contributed to its capital. See our guide on valuing property contributed as capital for the process and legal points.
Land Ownership and Foreign Buyers in Vietnam
Land in Vietnam is owned by the state, and individuals and organisations hold land use rights, evidenced by a land use right certificate. Foreign buyers face conditions on what they can own, so the purpose of a valuation often depends on the buyer's status. Check current rules before buying, and make sure the valuation reflects the rights actually being transferred.
Land Price Tables and Market Value
Official land price tables are set by the state and often differ from market value. A valuation report is not simply the table price multiplied by area. If you want an early indication before committing, our quick property price tool can be a starting point, but a formal valuation report is needed for legal or lending purposes.
Vietnam vs Australia, New Zealand and Singapore
The table is a general comparison for property valuation. Where we have not verified a rule for a jurisdiction, we say so. Please confirm current requirements with a local adviser.
| Criteria | Vietnam | Australia | New Zealand | Singapore |
|---|---|---|---|---|
| Who may sign a valuation | Certified valuers working for a licensed valuation firm | Certified Practising Valuer (CPV) of the Australian Property Institute (API); some states such as Queensland and Western Australia require registration | Registered valuer under the Valuers Act 1948, overseen by the Valuers Registration Board (LINZ) | Licensed appraiser issued by IRAS under the Appraisers Act 1906, renewed annually |
| Standards | Vietnamese valuation standards under the Law on Prices (2023) | IVS and API standards | PINZ and NZIV standards | SISV for property and IVAS for businesses |
| Fee reference | Table above; varies by file | Varies; a few hundred Australian dollars is commonly quoted for residential valuations, with desktop reports lower. Request a quote. | From about NZ$800 + GST (2023 data) | About S$500–700 |
| Key difference for foreign owners | Land is state-owned; foreign buyers face conditions on ownership | Check state rules and lender requirements | Check locally | HDB and condominium rules, 99-year leasehold, and Additional Buyer's Stamp Duty (ABSD) for foreign buyers |
How DAVA supports foreign companies and expats in Vietnam
DAVA has more than 15 years of experience in valuation of real estate, businesses and machinery and equipment, and has carried out valuations for courts, government agencies, banks and companies. Our offices are in Ho Chi Minh City, Hanoi and Da Nang, and we can inspect properties on site. We understand that overseas investors often need a report that their lenders, lawyers or valuers can read, so we can set out methods and assumptions clearly and explain the Vietnamese context in plain terms.
Frequently Asked Questions
Do valuation firms in Vietnam need a licence?
Yes. Valuation activity is regulated under the law on prices, and firms must meet the conditions in force. Ask to see the relevant documents before signing.
Can a phone quote be used for a bank loan?
Usually not. A phone quote is an estimate only. Bank files normally need a formal valuation report signed by a valuer and matched to the lending purpose.
Is a site inspection always needed in Ho Chi Minh City?
In most cases yes, to confirm the physical condition. Some special assets may need a different approach, and the firm should discuss this with you.
Can one valuation report serve several purposes?
No. A report is valid for the purpose agreed. For a different purpose, commission a new valuation or an agreed extension.
Do fees depend on asset value?
Yes, the table shows fees rising with value band, but the actual amount also depends on the file, location and number of assets.
What should I prepare before contacting a firm?
Basic asset details, location, the purpose of the report and the date you need it. This allows a more accurate quote.
Conclusion
Choosing a credible property valuation firm in Ho Chi Minh City starts with checking the licence, the certified valuer who signs, and the purpose of the report. A report with a clear purpose and sound evidence makes lending, disputes and transactions easier.
Our team can work with you in English; documents can be prepared bilingually.
