Vietnams real estate market is entering a new phase of digital transformation as the Government introduces a nationwide electronic identification system for every real estate asset. Under the new regulations, starting in 2026, every house, apartment or floor area within a construction project will be assigned a unique identification code for management within the national database system. Real estate identification not only improves property information transparency but also enhances market management, reduces transaction risks and establishes a solid foundation for the digital transformation of the real estate sector.
What is real estate identification?
Real estate identification is the process of assigning a unique electronic identification code to each real estate asset to accurately identify its information within the National Housing and Real Estate Market Database System.
According to Decree No. 357/2025/ND-CP, an electronic real estate identification code is an alphanumeric string with a maximum length of 40 characters. This code is automatically generated within the Housing and Real Estate Market Information System.
Each identification code is designed to represent important property information, including:
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Land parcel identification code
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Project or construction information code
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Property location code
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Unique identification string
With this structure, the system can accurately distinguish every individual property nationwide. This minimizes confusion between properties located close to one another or sharing similar information.
Previously, real estate data was often stored separately across different authorities, including land administration, construction and urban planning agencies. This made property information searches complicated and sometimes inaccurate.
The implementation of real estate identification helps standardize real estate data nationwide, creating the foundation for a modern, transparent and efficient real estate market management system.
New regulations on real estate identification effective from 2026
On December 31, 2025, the Government issued Decree No. 357/2025/ND-CP governing the development and management of the Housing and Real Estate Market Information System and Database. The Decree officially takes effect on March 1, 2026.
Under the new regulations, the national database system will manage several categories of electronic identification codes related to the real estate sector, including:
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Residential real estate product identification codes
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Identification codes for floor areas within construction works
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Identification codes for apartment building management entities
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Identification codes for real estate brokerage practice certificates
For residential real estate products, identification codes will be automatically generated within the Housing and Real Estate Market Database System.
Provincial Departments of Construction will assign identification codes to real estate projects simultaneously with the announcement that off-plan housing projects are eligible for sale.
The implementation of electronic real estate identification is considered a significant milestone in establishing the National Real Estate Market Database.
Through this system, regulatory authorities can:
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Monitor market fluctuations
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Update transaction data
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Manage urban planning and development
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Supervise real estate business activities
At the same time, the database provides individuals and businesses with easier access to reliable property information.
How will real estate identification affect the market?
The implementation of electronic identification codes for real estate is regarded as a major advancement in modernizing Vietnams real estate market management.
First, real estate identification enhances property information transparency. Once each property has its own unique identification code, individuals and investors can easily verify its legal status, location and physical characteristics.
This significantly reduces unclear or inaccurate information in real estate transactions.
Second, identification codes help minimize legal risks during property transactions. In practice, many real estate disputes arise due to confusion over land parcel information or incomplete property records.
When every property is assigned a unique electronic identification code, information verification becomes much faster and more accurate.
In addition, real estate identification accelerates digital transformation across the real estate industry. Digitized property data makes buying, selling, transferring ownership, mortgaging and property valuation more convenient and efficient.
For investors, transparent information supports more informed investment decisions. For regulatory authorities, the identification system enables more effective market supervision and evidence-based policymaking.
Over the long term, real estate identification is expected to promote a more transparent, stable and sustainable real estate market.
Hoang Quan Appraisal – Accurate real estate valuation solutions in the era of digital property identification
As the real estate market transitions to management through electronic identification codes, accurately determining the value of each property becomes increasingly important.
Once identified, every property will have detailed information stored within the national database, including its location, physical characteristics, legal status and transaction history.
In this context, conducting a professional real estate valuation before any transaction is essential to ensuring transparency and minimizing potential risks.
Hoang Quan Appraisal has many years of experience in property valuation in Vietnam, providing professional valuation services for various purposes, including:
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Real estate purchase and transfer
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Bank loan applications
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Financial capacity verification
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Capital contribution
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Asset disposal and auction
The valuation experts at Hoang Quan Appraisal possess extensive professional expertise, deep market knowledge, and apply valuation methods in accordance with the Vietnam Valuation Standards.
Our valuation process is carried out through a comprehensive and systematic approach:
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Reviewing the propertys legal documentation
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Conducting on-site inspections and location assessments
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Analyzing market data
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Applying appropriate valuation methodologies
Through this process, clients can accurately determine the true market value of their property before completing real estate identification or entering into any transaction.
As the market increasingly relies on digital data management, combining real estate identification with professional valuation services enables investors and businesses to better understand asset values and make more informed and effective decisions.
If you require professional real estate valuation for property identification, bank financing, buying and selling, capital contribution or asset disposal, contact us today for prompt and accurate consultation.
Hoang Quan Appraisal Co., Ltd.
Address: Hoang Quan Appraisal System
Phone: 0934.252.707
Email: contact@sunvalue.vn
Facebook: Hoang Quan Appraisal
Website: hqa.com.vn
Conclusion
The implementation of real estate identification from 2026 marks a significant milestone in the digital transformation and transparency of Vietnams real estate market. As every property receives its own unique electronic identification code, data management and property transactions will become more efficient and accurate. In this evolving environment, Hoang Quan Appraisals professional real estate valuation services help determine the true value of assets, enabling individuals and businesses to make safer and more informed investment decisions.
Hoang Quan Appraisal – Helping you determine the true value of real estate in the digital property identification era.
