Subdivision - Simplified
Subdividing your land (subdivision) involves the partition of a parcel of land into smaller portions, Each newly created section receives its own title, allowing for separate sale and transfer.
Subdivisions can vary from creating titles for dual occupancy to splitting a single lot into two (or more), creating different strata units within a building, or even a mix of both, developing a residential area with multiple parcels for strata units.
The primary goal of land subdivision is to maximize its allowable use and profitability. Given the substantial investment involved, it’s crucial for landowners to grasp the subdivision process and seek professional advice tailored to their specific land, circumstances, and investment goals.
If you’re considering buying land for development, it's important to conduct due-diligence study beforehand to confirm that it’s appropriate for your intended use and that the proposed development is allowed. Most importantly, giving you an idea of the potential yield / outcome before fully commiting into puchase a land.
We at LOCIVIM are well equipped to assist you in navigating the different planning instruments and regulations as well as offering some of our extensive expertise in this field
At the beginning of this page is a quick overview of the subdivision process to help you in getting an idea and process involved in subdividing a land.
Please do not hesitate to reach out to us for a chat if you are planning a development or if you want to know more! You can reach out to us via the button below:
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