Digital ID codes to be assigned to real estate assets starting March 1. According to the decree, the real estate information system and database will be centrally built and managed, ensuring nationwide consistency from central to local levels. Under Clause 5, Article 3 of the decree, the electronic identification code for real estate products - including houses and floor space within constructed facilities - is a string of up to 40 alphanumeric characters. For residential properties, the digital ID is generated based on core information groups: land parcel ID, project or construction code, location code (if applicable), and a natural sequence of characters. In addition, digital IDs will also be issued to other entities involved in real estate activities, including condominium management units, licensed real estate brokers, and individuals receiving housing support under social programs.

Source: VietNamNet News January 05, 2026 00:05 UTC