When the new city plan comes into force, are you sure your land will benefit – not lose development potential? From a valuer's view, new zoning isn't just a map color – it's a direct shift in land potential that must reflect as value uplift or discount in your assets.
What a New Town Plan Really Means for Investors
- Rules defining land use: zoning colors (green=agriculture, yellow=low-density residential, orange=medium-density, red=commercial), Floor Area Ratio or FAR (buildable area ratio), height limits, minimum plot size.
- Some areas should be updated every 4–5 years to match urban growth, new rail lines, and policy shifts – e.g., Bangkok's 4th revision eyed for 2026–2027 enforcement.
- Investors care because it resets Highest and Best Use (HBU), impacting project NPV and market value.
