If you own property in Hanoi, or your company needs a valuation for a loan, a transaction or a dispute, choosing the right property valuer in Hanoi matters. A valuation report is only as useful as the person who signs it and the evidence behind it. This guide explains what to check in a valuation firm in Hanoi, and how the process compares with what Australian, New Zealand and Singapore buyers and lenders expect.
What is a valuation firm in Hanoi?
A valuation firm in Vietnam is a licensed business that provides valuation services for real estate, businesses, plant and machinery, and other assets. The output is a valuation report, similar in purpose to a registered valuation in New Zealand or a bank valuation in Australia: it states an opinion of value, the basis used, and the assumptions made. In Vietnam, the report must be signed by a licensed valuer.
In Hanoi, demand usually relates to residential land and houses in the inner city, apartments, development land, and business assets in industrial zones around the capital. For a fuller explanation of the report, see our guide to the content and validity of a valuation report.
When do you need a property valuer in Hanoi?
- Bank or mortgage valuation: A lender needs an independent value before lending against property. This is often called a bank valuation or mortgage valuation.
- Contributions and transfers: Capital contributions in kind, share transfers and business restructuring may need a valuation of assets.
- Sale or purchase: Buyers and sellers may need a market value to support negotiation.
- Disputes and estates: Courts, family disputes and estate matters often require an independent valuation.
- Internal decisions: Businesses use valuations for accounting, tax or management purposes.
Legal framework: general principles
Valuation in Vietnam is governed by the law on prices and its implementing guidance. As a general principle, a valuation firm must hold a valid business registration covering valuation services, and the valuer who signs the report must hold a current licence. Reports must follow the valuation standards in force. Because these requirements change, check the current rules before signing an engagement. If you are comparing with Australia, New Zealand or Singapore, the table below sets out the broad differences.
How the valuation works with DAVA
- Enquiry: Tell us the asset type, address, purpose and deadline.
- Preliminary review: We confirm scope, the likely approach and the documents needed.
- Site inspection: A valuer visits the property to check condition, access, legal status and value drivers.
- Analysis: We apply the appropriate approach, such as comparison, cost or income, and check it against market evidence.
- Report: The signed valuation report sets out the basis, assumptions and conclusions.
Timing
Timing depends on the asset type, complexity, the number of assets and how quickly documents are provided. Apartments and houses with complete papers are usually faster than development land or machinery. We confirm a timetable once we have reviewed the file. For background on what affects timing, read how long property valuation takes.
Documents to prepare
- Land use right certificate or house ownership papers (the pink book, or the equivalent document for the property).
- Site plan, floor plan and any planning information.
- Sale, purchase or mortgage contracts relevant to the purpose.
- For businesses: financial statements, asset register and machinery lists.
- Contact details for the owner and the person who will coordinate the site visit.
For a fuller checklist, see our article on valuation documents. Vietnamese title papers are sometimes described as a pink book or a land use right certificate, and their structure differs from a certificate of title in Australia or New Zealand, or a title deed in Singapore.
Fees: indicative guide
Fees depend on the value of the asset and the purpose of the report. The table below is an indicative reference only.
The fee schedule is indicative only. Actual fees depend on the file, location and number of assets. Please contact us for the best quote.
| Asset value | Bank loan | Preliminary quote | Court or dispute | Criminal or special |
|---|---|---|---|---|
| VND 500 million | 3.0 | 2.1 | 10.4 | 20.0 |
| VND 1 billion | 4.0 | 2.8 | 10.4 | 25.0 |
| VND 2 billion | 5.0 | 3.5 | 13.0 | 30.0 |
| VND 3 billion | 5.9 | 4.1 | 19.5 | 35.0 |
| VND 5 billion | 7.6 | 5.3 | 19.5 | 42.0 |
| VND 10 billion | 12.4 | 8.7 | 26.0 | 50.0 |
| VND 20 billion | 22.9 | 16.0 | 39.0 | 89.0 |
| VND 50 billion | 44.7 | 31.3 | 63.7 | 190.0 |
| VND 100 billion | 59.5 | 41.7 | 115.7 | 310.0 |
| Above VND 100 billion | By agreement | |||
Fees are in VND million. Approximate conversions, based on exchange rates around July 2026 (the latest we could confirm): VND 10 million is roughly AUD 540, NZD 650 or SGD 490. Rates change daily, so ask for a current quote in your own currency. Fees depend on the asset, documents and purpose, and we offer a free consultation.
Fees depend on the asset, documents and purpose. Contact DAVA for an accurate quote and a free consultation.
WhatsApp (Australia): +61 451 710 342 (Qualified AU Pty Ltd)
Email: voan.sgg@gmail.com
Zalo OA: https://zalo.me/4259407728989141071
For an early estimate before you book, see our quick property price reference. An estimate is not a substitute for a signed valuation report.
Vietnam vs Australia, New Zealand and Singapore
The table below is a short comparison of the main points. Where we did not verify a detail, we have said so.
| Criteria | Vietnam | Australia | New Zealand | Singapore |
|---|---|---|---|---|
| Who signs the report | Licensed valuer employed by a licensed valuation firm | Certified Practising Valuer (CPV) from the API, or a valuer for bank panels | Registered valuer under the Valuers Act 1948 | Licensed appraiser issued by IRAS under the Appraisers Act 1906 |
| Licensing body | Government licensing framework for valuers | Australian Property Institute (API) | Valuers Registration Board, LINZ | IRAS (annual renewal) |
| Valuation standards | Vietnamese valuation standards | International Valuation Standards (IVS) and API standards | PINZ / NZIV standards | SISV for property; IVAS for businesses |
| Typical fees | See indicative table above | Varies for residential reports; sources cite roughly AUD 300 to 1,000 depending on the property and firm | From about NZ$800 plus GST (2023 figure) | About S$500 to 700 for a home appraisal |
| Key legal difference | Foreign buyers generally hold apartments on a time-limited basis, not freehold land | Some states, such as Queensland and Western Australia, require registration of valuers | Registered valuer status is set by statute | HDB and condominium rules differ, leasehold is commonly 99 years, and ABSD applies to foreign buyers |
Sources for the table: Smith Partners, NZ valuation fees; HLAS, how to get your home appraised; YourMortgage, how property valuations work; Collings, property valuation costs.
How DAVA supports foreign companies and expats in Vietnam
DAVA supports foreign companies, expatriate owners, lenders and overseas advisers with valuations, audits and documentation. Our team can work with you in English; documents can be prepared bilingually. Where a file needs input from a lawyer or valuer in your home market, we can coordinate.
Datngop.com, a member of DAVA, offers fast AI-based price estimates for early research. An AVM estimate is useful for a first look, but it does not replace a valuation report signed by a licensed valuer.
Frequently asked questions
Can an Australian bank accept a Vietnamese valuation report?
That depends on the lender. Confirm the lender's requirements, including the valuer and report format, before you engage a firm.
What is the difference between a valuation and an estimate?
A valuation is a signed report from a licensed valuer, with a stated basis and assumptions. An estimate, including an AVM or an agent appraisal, is a quick indication only.
Do you visit the property?
Yes. A site inspection is normally required for a full valuation.
Can I receive the report in English?
Yes. Reports can be issued with an English version or summary, and documents can be prepared bilingually.
Do you work outside Hanoi?
We have offices in Ho Chi Minh City, Hanoi and Da Nang, and we can arrange inspections in other areas on request.
Conclusion
Choosing a property valuer in Hanoi comes down to licensing, the valuer who signs, and a clear process. Fees matter, but they should be compared against the quality of the report and its fitness for purpose. Contact DAVA to discuss your property and get an accurate quote.
Need a property valuation in Hanoi? Contact DAVA for a quote and a free consultation.
WhatsApp (Australia): +61 451 710 342 (Qualified AU Pty Ltd)
Email: voan.sgg@gmail.com
Zalo OA: https://zalo.me/4259407728989141071
