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Area Guide: Malaysia > Penang > George Town > Buckingham
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Guide to Commercial Land in Buckingham

Commercial land in Buckingham is defined as any land suitable for commercial, as opposed to residential, development in Buckingham. It should be noted that a plot of land up for sale is classified as commercial solely by the discretion of the seller, and not all land offered in Buckingham as commercial land may necessarily be suitable for commercial development. While in most cases the seller and the market will agree on what is commercial and what isn't, occasionally the lot offered as commercial may be less suitable for commercial than for some other type of development.

Criteria for Commercial Land in Buckingham

The price commanded by land classified as commercial tends to be higher than the average residential lot in Buckingham. This is because the bar is set higher for commercial land, or land suited for commerce. It must be well serviced by access to traffic in Buckingham, in addition to transportation, and must be positioned so as to form a visible part of the community in Buckingham.

Developing Commercial Land

The purchaser of commercial land may be interested in the commercial lot for the purposes of direct development, in other words developing the lot for the buyer's own business requirements. For instance, the buyer may wish to put up a service-sector business in Buckingham such as a leisure facility, food business or retail store. However, the developer may also wish to develop the land offered for the purposes of adding value, by creating an office block, retail complex, or other real property from which rent income is derived.

Listings of Commercial Land in Buckingham

We couldn't display any hierarchical directory listings in the "commercial land" category in Buckingham. However, there could possibly exist recently updated property listings in our dynamic pages. Please point your eyeballs at our latest property listings for further information. Ah Yer! Malaysia always tries to maintain our newest information, and won't include sold, withdrawn, or deactivated listings.





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More Listings
Buckingham is located in George Town, Penang, Malaysia. You may also want to check out George Town real property for more listings nearby.