Land Price is Determined by Zoning Quality, Not Square Meter
The most common mistake in real estate investment is to assume that the square meter price of two adjacent parcels is the same. However, a parcel In the 1/1000 scale implementation development plan function (residential, commercial, tourism or field), construction precedent and road abandonment rate directly change the real value.
How are TAKS and KAKS (Precedent) Calculated?
TAKS (Floor Area Coefficient) The maximum area that the building can sit on the land base, KAKS / Precedent refers to the total closed construction area. For example, on a land of 500 m² in size, with TAKS: 0.30 and KAKS: 0.60 villa zoning, there is an equivalent construction right of 150 m² at the base and 300 m² in total.
Critical Difference Between Detached Title Deed and Share Title Deed
In shared title deeds, the legal rights of other shareholders right of pre-emption If there is no consensual partition agreement, it may actually create a dispute as to which part of the parcel belongs to whom. As Balvista, we give priority to our investors. detached parcel We recommend title deeds and portfolios with confirmed municipal zoning diameter.
5-Step Pre-Purchase Checklist
- Compatibility of island/parcel boundaries and surface area with the land should be checked with TKGM Parcel Query.
- The current zoning status and road/green area abandonment rate should be learned from the relevant district municipality.
- The official cadastral road frontage (at least 12–15 m frontage advantage) must be verified.
- It should be examined whether there is a mortgage, lien, annotation or SIT degree in the land registry.
- The distance of the electricity, water and sewage infrastructure to the parcel should be included in the cost calculation.
