Why choosing land is important

The government of Singapore announces that a total of 10 industrial land sites will be for sale in the first half of 2010. Now before you mobilize your army to start the bidding war, it will be worth your while to take a step back and re-consider some options that you have in your hands. The number one option is to consider proper land selection and the industry it will serve. What is proper land selection?

Just like all project feasibility studies, the first thing we need to assess is if the prospective piece of land ("the subject") is vibrant and full of energy. Is the subject getting into the "Growing Qi" phase or is it in the "Depleting Qi" phase? Are there any more vibrant Qi left for the occupants of the subject to tap on?

The next thing we want to know is timing. Has the timing for prosperity from this land past? Or, it is coming soon?

When the above is confirmed, you will want to know if the subject is good for the planned industry. For example, if the industrial site is to cater for metal industry such as metal sheets producer, hardware nuts and bolts, etc, is the piece of land good for such an industry? What we are looking for is to find a piece of land that supports the industry and allowing it to grow within a short period of time and create a boom for the industry. You can put wood carving, furniture manufacturing in that area but the growth will be never be the same. Thus, the key is knowing the real potential of the land and matching it with your industry to guarantee faster success.

Once you know that this land is good for the industry you planned for, now you want to strategise and plan the locations of your entrances, your executive management offices, and the flow of energy within the estate and the interiors of all the buildings. This is the time to maximise the available Qi we can tap from the surrounding area. If you are constructing the building to lease out to others, you should know the guaranteed take-up rate of 75% even before the completion. Don't know how? Talk to us.

It is only after considering the above, you can decide if it is worth your time and money investing in those industrial lands, or any land for that matter, that you come across. Perhaps, the next proposal that is laid on your desk before your eyes?