Factors affecting land value

Factors affecting land price

· Land Zoning

· Land Density

· Land Size

· Road Access/ Road Frontage

· Terrain/ Elevation

· Location

· Land Shape

· Approval Order

· Hard rock on the land may incur extra cost for blasting. For big developer, they may like it as they could provide stone for building

Do aware of:

· Oxidation Pond

· Cemetery

· Squatters

· T- Junction

· Riverside Land

· Pond

· Ex- Mining Land

· Land below road level. (The landscaping cost or cost to fill up the land may cost a lot)

What to look for in different type of land

· Plantation: Location, Availability of refinery mill

· Industrial Land: Infrastructure, nearby port or airport, Ample supply of worker

· Quarry: Mining Output, EIA Approval, Construction or road project nearby

· Orchard: What is planted?

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