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?