12. DEVELOPING AND TESTING A SET OF EVALUATION CRITERIA FOR LAND PRICE TABLES BASED ON VALUE ZONES AND STANDARD LAND PLOTS: A CASE STUDY IN O MON WARD, CAN THO CITY

Abstract

This study aims to establish a set of criteria for inspecting and evaluating the process of constructing land price tables based on value zones and standard land parcels. The research methods employed include secondary investigation, primary investigation, and methods for developing a set of criteria to check and evaluate land price table construction, such as Exploratory Factor Analysis (EFA), linear regression, Analytic Hierarchy Process (AHP), and scale-based scoring. A survey was conducted to collect opinions from 150 respondents (including managers, officials from land valuation organizations, and experts). The study collected opinions from 150 respondents, including management officials, staff from land valuation organizations, and experts. The results identified a set of criteria consisting of six groups, which were ranked according to their relative influence and corresponding scores as follows: (1) Development of land price tables based on value zones and standard land parcels (Wi = 0.496 - 50 points); (2) Checking and evaluating amendments and supplements to land price tables (Wi = 0.147 - 15 points); (3) Compliance with principles (Wi = 0.103 - 10 points); (4) Organization and management (Wi = 0.101 - 10 points); (5) Human resources for developing land price tables (Wi = 0.100 - 10 points); and (6) Physical infrastructure (Wi = 0.052 - 5 points). The pilot test conducted in O Mon Ward, Can Tho city showed that the land price table development based on value zones and standard parcels achieved a score of 88 out of 100, classified as “PASS”. However, improvements are still needed in investigation, surveying, information collection, value zone selection, and the selection of standard land parcels.