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 Ask me anything abt Construction Industry!, Q&A

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Necrosis
post Sep 16 2017, 10:40 PM

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Joined: Oct 2015
Hi everybody. I have quite a number of questions here, and it'd be really great if anyone with relevant experience could share their insight or two.

My situation is, my family have a piece of land, under three separate titles. We are divided whether to sell, or to invest in the land.

The land is under agricultural category, 10 acres. I am trying to convince my family to build a shoplot at the front of the land due to its location, which is beside a busy main road.

I try to arrange the questions as orderly as I could.

1) To proceed to construction, do I have to amalgamate the three titles into one?

2) To proceed to construction, do I have to change the category of the land? If yes, to what category and how much would it cost approximately?

3) Is it better (financially especially) for me to appoint construction company to build, or better if I start my own company and start from there?

4) To start a construction company, how long would it take before licensing and everything related?

That's all for now, more will come after all these questions are answered. The project is not in near future though, so no rush there.

Thanks for reading through. smile.gif



 

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